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Keith Block, former co-CEO of Salesforce © 2018 Bloomberg Finance LP. Salesforce stock fell about 3% before rebounding slightly on Tuesday as the software company announced a shake-up in its top leadership. Its co-CEO, Keith Block, is leaving, which means Marc Benioff, the other co-CEO and Salesforce’s founder and chairman, will be the sole leader of the business going forward. Salesforce also announced fourth-quarter earnings that exceeded market expectations and the $1.33 billion purchase of Vlocity, a provider of cloud and mobile software to companies. Block, who joined Salesforce from Oracle in 2013, was promoted to operating chief three years later and became co-CEO alongside Benioff ... Full story

26 February