
- In today’s CEO Daily: Diane Brady reports on how CEOs should be thinking about the ‘SaaSpocalypse.’
- The big leadership story: The potential fallout of xAI’s mass X-odus
- The markets: Mixed globally, with European stocks inching higher on positive earnings reports.
- Plus: All the news and watercooler chat from Fortune.
Good morning. Sell! Buy! Wait, what’s going on with software as a service, that generation of tech players that grew to behemoth status by letting subscribers access software from the cloud? Companies like Salesforce, Oracle, Asana, DocuSign and Intuit have taken a drubbing in recent weeks; Workday co-founder Aneel Bhusri is coming back as CEO to deal with the challenge.