Salesforce, Inc. - CRM STOCK NEWS

Jack Henry & Associates (NASDAQ: JKHY) has announced an expanded partnership with Salesforce (NYSE: CRM) aimed at enhancing customer experiences for financial institutions. By deploying Salesforce solutions such as Sales Cloud and Tableau CRM, Jack Henry will streamline its customer relationship management, improving onboarding and support processes. The implementation is expected to be completed by May 2022. This collaboration aims to provide better service to banks and credit unions, especially in light of evolving customer needs exacerbated by the COVID-19 pandemic.

Salesforce (NYSE:CRM) announced an extension of the expiration date for its consent solicitation regarding Slack Technologies' $862.5 million Convertible Senior Notes due 2025. The new expiration date is now 5:00 p.m. New York City time on February 5, 2021. Holders of the notes who have previously consented do not need to take further action. The consent solicitation is part of the ongoing merger process between Salesforce and Slack, as per the merger agreement executed on December 1, 2020. Further details are available in the consent solicitation statement.

Salesforce, NYSE: CRM, has launched Vaccine Cloud, a technology designed to assist various organizations in managing their vaccine deployment more efficiently. This platform is aimed at government agencies, healthcare providers, nonprofits, and businesses, offering features like inventory management and data tracking. With international partnerships already established, Vaccine Cloud ensures streamlined vaccine administration. As the world ramps up COVID-19 vaccination efforts, this initiative addresses critical logistical challenges while enabling effective data-driven decision-making.

Salesforce.com, inc. (NYSE: CRM) announced on January 26, 2021, that it is soliciting consents on behalf of Slack Technologies, Inc. for amendments to the indenture governing $862.5 million of Slack's Convertible Senior Notes due 2025. This follows the previously announced merger agreement with Slack. The consent solicitation is set to expire on February 1, 2021, and aims to modify the merger covenant related to these notes. Upon successful amendments, Slack can merge with its subsidiaries without restrictions. A consent fee of $1.25 per $1,000 principal amount of the notes will be paid to consenting holders.

Salesforce (NYSE: CRM) announced that Chair and CEO Marc Benioff will participate in the World Economic Forum Davos Agenda from January 25-29, 2021. Benioff's schedule includes a session on Accelerating Grassroots Innovation on January 25, a panel on Implementing Stakeholder Capitalism on January 26, and a fireside chat titled Make Earth Cool Again on January 27, followed by a second session on Accelerating Grassroots Innovation on January 28. Live webcasts will be available for each event.

Salesforce (NYSE: CRM) announced a partnership with Sally Beauty Holdings (NYSE: SBH) to enhance digital shopping experiences amid rising demand for DIY beauty products. This collaboration focuses on implementing Salesforce's cloud solutions, including Commerce Cloud, Marketing Cloud, and Service Cloud, to streamline online shopping, improve inventory management, and enhance customer engagement. Sally Beauty's swift response to changing consumer behavior during the pandemic includes digital options like buy online and curbside pick-up, supporting both customers and salon professionals.

Salesforce (NYSE: CRM) launched Loyalty Management, a new product designed to enhance customer trust and engagement across industries like retail and travel. This solution enables businesses to create customized loyalty programs that adapt to changing customer expectations and preferences. Built on the Salesforce Customer 360 Platform, it offers personalized experiences, integrates seamlessly with other Salesforce products, and includes analytics capabilities to measure performance. Loyalty Management aims to transform traditional loyalty programs into more engaging, data-driven offerings, with general availability set for February 2021.

Salesforce (NYSE: CRM) announced a record-breaking holiday season for digital sales in 2020, noting a 50% increase from 2019, with consumers spending $1.1 trillion online globally and $236 billion in the U.S. Major insights highlight that retailers offering curbside pickup saw a 49% revenue increase, and there was a remarkable 109% growth in buy now, pay later options. The report indicates that $330 billion in online purchases is expected to be returned globally, termed 'returnageddon'. Salesforce's Commerce Cloud powered a 76% growth in digital sales during the season.