Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Salesforce to Raise $1 Billion in Debt to Fund Acquisitions

Salesforce.com CEO Marc Benioff is about to go shopping for acquisitions, and he’ll have $1 billion to spend. The company just announced a plan to raise its debt by issuing convertible notes due in 2018. Salesforce says it will use the proceeds to fund “possible acquisitions of, or investments in, complementary businesses, services or technologies, working capital and capital expenditures.”


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik