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Salesforce's outlook falls: On Tuesday, the company reported its fourth quarter earnings, and although it beat analyst estimates, it also issued a lower guidance for the following quarter than expected. Salesforce executives told analysts that because the fourth quarter of the year is usually the company's strongest, it can't expect the same results in the next. Nevertheless, it also increased its guidance for the full 2017.

Early look at the Samsung Galaxy 8: The Korean tech giant is expected to unveil its latest smartphone in a month, but a photo of it has already leaked. The phone doesn't appear to have physical buttons and is an update on the old Galaxy. With that said, no word yet on the phone's software.

Why it matters: It's been a tough year for Samsung. The company's heir apparent was just indicted on bribery charges, it had to recall its Galaxy Note 7 phone because of faulty batteries, and this year it's decided against unveiling its Galaxy phone at the Mobile World Congress conference in Barcelona.

The story has been updated to clarify that Salesforce's Q1 guidance was lower than analyst expected, not than a previously announced outlook.

Go deeper

Ben Geman, author of Generate
32 mins ago - Energy & Environment

Higher education expands its climate push

Illustration: Aïda Amer/Axios

New or expanded climate initiatives are popping up at several universities, a sign of the topic's rising prominence and recognition of the threats and opportunities it creates.

Why it matters: Climate and clean energy initiatives at colleges and universities are nothing new, but it shows expanded an campus focus as the effects of climate change are becoming increasingly apparent, and the world is nowhere near the steep emissions cuts that scientists say are needed to hold future warming in check.

Ina Fried, author of Login
59 mins ago - Economy & Business

The pandemic isn't slowing tech

Illustration: Eniola Odetunde/Axios

Thursday's deluge of Big Tech earnings reports showed one thing pretty clearly: COVID-19 may be bad in all sorts of ways, but it's not slowing down the largest tech companies. If anything, it's helping some companies, like Amazon and Apple.

Yes, but: With the pandemic once again worsening in the U.S. and Europe, it's not clear how long the tech industry's winning streak can last.

Texas early voting surpasses 2016's total turnout

Early voting in Austin earlier this month. Photo: Sergio Flores/Getty Images

Texas' early and mail-in voting totals for the 2020 election have surpassed the state's total voter turnout in 2016, with 9,009,850 ballots already cast compared to 8,969,226 in the last presidential cycle.

Why it matters: The state's 38 Electoral College votes are in play — and could deliver a knockout blow for Joe Biden over President Trump — despite the fact that it hasn't backed a Democrat for president since 1976.