7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Activist investor Elliott Management takes stake in Salesforce


Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc, according to people familiar with the matter.

It is unclear what Elliott, one of the world’s most prominent activist investors, is pushing for at Salesforce.

“We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,” Jesse Cohn, managing partner at Elliott told Reuters.

Cohn, who has served on the boards of several technology companies including Twitter and eBay, called Salesforce “one of the pre-eminent software companies in the world.”

He added that he has “developed a deep respect for Marc Benioff and what he has built.” Benioff co-founded the company and is its co-CEO.

Benioff’s co-CEO, Bret Taylor, is expected to leave this month, leaving Benioff as the sole CEO.

Salesforce did not immediately respond to a Reuters request for comment and Elliott declined to comment.

Elliott has made many technology focused investments. It recently won a board seat at Pinterest Inc when the company added Elliott portfolio manager Marc Steinberg as a director.

Salesforce is valued at $151.3 billion.

Earlier this year Salesforce Inc said it plans to cut jobs by 10% and close some offices after rapid pandemic hiring left it with a bloated work force amid an economic slowdown.

This marks the second time in three months that an activist firm has taken a stake in Salesforce after Starboard Value in October announced an undisclosed stake and said the company was suffering from a valuation discount due to a “subpar mix of growth and profitability.”

Starboard CEO Jeff Smith said at the time that his firm had been engaging with management and that new executives, including Taylor who was promoted to the Salesforce role in November 2021, were better focused on balancing growth aspirations and profit delivery.

The company’s share price has climbed 12% this year but is off 32% in the past 52 weeks.

The Wall Street Journal first reported Elliott’s stake.

https://www.tausiinsider.com/activist-investor-elliott-management-takes-stake-in-salesforce/?feed_id=322938&_unique_id=63dcf97b8cafe

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