Why Tom Siebel thinks Adobe, Microsoft, and C3.ai can beat Salesforce

  • Salesforce has long been the dominant name in customer relationship management software. But the CRM industry was actually invented in the 1990’s by billionaire Tom Siebel.
  • Now Siebel’s current company, a startup called C3.ai valued at $3.3 billion, has joined forces with Adobe, and Microsoft to take on Salesforce with industry-specific, AI-backed CRM.
  • Siebel tells Business Insider he’s confident he can win this market because Salesforce has “been talking about AI for about a decade,” he said. “It’s all marketing and very little technology.”  
  • Visit Business Insider’s homepage for more stories.

In 1993, Tom Siebel launched Siebel Systems. Soon after, in 1995, the company introduced Siebel Sales Enterprise, the world’s first customer management software — a tool that at-the-time helped salespeople keep track of interactions with current and potential clients. 

It was the start of what would become a growing $80 billion market called “customer relationship management” (CRM) — one

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PlayStation CEO thinks VR’s bright future is still years away

Sony offering PSVR owners a free camera adapter to use with the PS5 pretty much tells you that the company has no plans to release a new virtual reality headset anytime soon. Now, Sony Interactive Entertainment CEO Jim Ryan has confirmed to The Washington Post in an interview that there “won’t be any immediate leaps forward” from the company when it comes to virtual reality. He didn’t talk about hardware in particular, but based on what he said, it’s unclear when we’ll see the next-gen PSVR.

That doesn’t mean PlayStation is stepping back from virtual reality. Ryan told the publication that the company believes VR will “represent a meaningful component of interactive entertainment,” though it probably won’t happen anytime soon. He also said that the company is looking forward to seeing where the lessons it learned from PSVR will take it, ensuring PlayStation’s continued investment in virtual reality. He said:

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Rapper Waka Flocka Thinks Trump Is Better Than Obama and the Internet Is Losing It

Waka Flocka Flame is the latest rapper to feel the burn of the internet after openly supporting President Donald Trump. The 34-year-old shocked fans when he revealed that he believed Trump was a better president than his predecessor President Barak Obama.

It all started on Thursday when hip-hop personality and commentator DJ Akademiks shared a clip of a speech Obama gave on Instagram. Obama appeared at a rally in Philadelphia on Wednesday in support of his former vice president and the current Democratic presidential candidate, Joe Biden. “The big homie #barackobama violated #donaldtrump at a rally event today,” Akademiks captioned the post.

One of Akademiks’ followers commented that “it’s people who think Trump is a better President than Obama” along with a clown-face emoji, to which Flocka replied: “Guess I’m a clown.”

While some fans of the “Hard in Da Paint” rapper were surprised by the comment, many of them

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Phil Spencer thinks Xbox can recoup $7.5 billion Bethesda deal with software exclusives

There’s a good chance you won’t be playing Elder Scrolls 6 on PlayStation 5.

Xbox has been making big moves lately. The console manufacturer has been scooping up studios, bolstering its in-house game development teams. Its latest acquisition of ZeniMax, the parent company of Bethesda, has led to a lot of questions in the industry. Will Xbox be releasing Bethesda titles on competitors’ consoles and is it feasible to even recoup the massive price tag attached to the purchase?

In a recent interview with Stephen Totilo of Kotaku, Head of Xbox’s Phil Spencer revealed that he believes Xbox can recoup the cost of the $7.5 billion acquisition without releasing Bethesda games on PlayStation.

Bethesda’s titles are coming to Xbox Game Pass now that Xbox owns its parent company, ZeniMax.

To Totilo’s question of, “Is it possible to recoup a $US7.5 ($11) billion investment if you don’t sell Elder

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