Business News Roundup, March 1
SFGate -

Salesforce gave a first-quarter revenue forecast that fell short of analysts’ projections, hampered by rising competition from rivals with cloud products. Profit is expected to be 25 to 26 cents a share, compared with the analysts’ average estimate of 30 cents. CEO Marc Benioff has been trying to bolster Salesforce’s product line through acquisitions, seeking growth in new markets as bigger companies such as Oracle and Microsoft pursue its traditional cloud turf. The company’s annual revenue...

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