Salesforce begins up to $25B debt raise for stock buybacks

Back in Moody's downgrading Salesforce as the company reportedly plans to sell up to $25 billion to fund stock buybacks. Dear Draosa has more in today's tech check. This is the theme.Was doing it. Salesforce is doing it. People who think their stock is undervalued.Deerra. Yes. But what they're doing and how they're doing it is a little I mean it it varies, but basically levering up taking on debt to buy back stock.That is the playbook specifically of IBM and old Oracle. Not a company exactly that's pioneeri ...