The shares are up 3.3% and the company's trademark Service Cloud product generated $1.02 billion in revenue.
Billionaire hedge fund manager J. Tomilson Hill has a keen eye for great art that's also made for some incredible investments. Hill shared some of his personal rules for buying art with CNBC.
Net/Net: The Capitol - Capital connection
Net/Net: Telling Your Story
It's not that being a retailer is a bad thing. But investors want drugstores to reinvent their businesses as Amazon's threat looms.
Net/Net: Reinvention and innovation - a conversation with Brian Moynihan
Net/Net: The art of the deal, literally
Net/Net: Walgreens Boots Alliance, the CEO-CFO Partnership
The Vikings new “Huddle” may just be the solution for both the NFL and America. Vikings COO Kevin Warren tells us more at our Net/Net Minneapolis event on September 12th.
More than half of the Fortune 500 companies from nearly 2 decades ago cease to exist today. Here’s what Fred Haberman has to say about innovation that keeps companies afloat at the latest Net/Net event in Minneapolis on September 12.
At our Net/Net dinner in Minneapolis, Vikings COO Kevin Warren and former NFL linebacker Pete Najarian sit with Tyler Mathisen and dive into the reaction to the Nike ad.
GE CEO John Flannery talks about turning around GE, why he never stops asking why and the reason he won’t run GE from the center
What’s the key to innovating? It’s simple, GE CEO says
Gary Kelly shares the number one skill he needed to learn after moving from CFO to CEO
Why Tilman Fertitta won’t take his company public again
Southwest Airlines CEO and CFO share their secrets on innovation, leadership and how they fuel that famous Southwest company culture
The full interview with Steve Ballmer.
VC Jim Breyer discusses the transformative promise of artificial intelligence with CNBC's Kelly Evans. Also, his take on Facebook, Amazon and the Valley.
Wendy Borlabi, performance coach for the Chicago Bulls, says that the path to big-money deals for NBA stars does not start with a focus on dollar signs. Players who succeed use a mental approach that can be adopted in any walk of life.
40% of workers are dissatisfied with opportunities for advancement, according to data from the CNBC/SurveyMonkey Workplace Happiness Survey. Experts say hard work is no longer enough to get a promotion, and the number of promotions is declining.
Good sleep should not only be for the elites. Lack of sleep and sleep disorders take a steep toll on worker productivity and health. Burning the midnight oil to get ahead is the worst way for employees to think and act.
Many Americans think manufacturing jobs are "something other people's kids do." Only 30% of Americans want to work in manufacturing, a problem that Snap-On CEO Nick Pinchuk says is a bigger threat right now than robots.
Delta is gathering more data from customers than ever before in hopes of avoiding customer service problems and increasing customer satisfaction, its CFO says.
The CNBC/SurveyMonkey quarterly Workplace Happiness Index reveals higher-income earners are more satisfied with their jobs, find more meaning in their work and are less likely to consider quitting than those in lower income brackets.
A new survey of American workers from CNBC reveals that offering employees a mentor is critical to workplace satisfaction. Nine in 10 workers who have a mentor say they are happy.
A majority of workers consider the meaning of their work to be the most significant contributor to their overall happiness. However, there is a life-cycle component to what workers want from their job.
Dell and Microsoft venture capital arms are investing in AI start-ups that have products to help companies manage data and harness machine learning to gain a competitive advantage.
A new survey of American workers from CNBC and SurveyMonkey reveals that one-third of employees have considered quitting in the past three months. Just 16% of these workers say they're "very satisfied" in their current job.
Lifestyle perks are common in a competitive market for talent, but one office freebie that technology company Softwire found to be a big success was a surprise to its own executives: a library for its employees and unlimited book purchases.
Advancements in AI are rapidly paving the way for "deepfake" videos, content that falsely shows people saying and doing things they never said or did. These fakes are blurring the lines between fact and fiction in journalism like never before.
The New York Knicks' loss of two top NBA free agents to their local rival the Brooklyn Nets gave fans another chance to hate on team owner Charles Dolan. For business leaders, though, there's another lesson.
Many conflicts in the workplace, and those between employees and customers, are caused by a failure to listen. Virtual reality tools are making it easier for companies to train workers on this underdeveloped, empathic skill.
CEOs see cybersecurity as the number one threat to the global economy and business growth over the next five to ten years, a new report has claimed.
The Microsoft co-founder was interviewed during a CNN segment on leadership.
Rahul Gandhi, president of the Indian National Congress, formally stepped down just months after a resounding defeat in the 2019 parliamentary elections that saw Prime Minister Modi return to power.
Canopy Growth said Wednesday that Linton was removed as co-chief executive officer and a member of the board, effective immediately.
Iacocca was one of the most powerful — and best known — executives in the automobile industry, rising to become president of Ford Motor before leading a turnaround at Chrysler.
CNBC's Jon Fortt and Josh Lipton discuss how much your data is worth, Bill Gates' biggest mistake and more.
A small but growing group of women are starting businesses at age 65 and up, finding success just as their peers ease into retirement. This new group of entrepreneurs are creating new businesses at a faster pace than the general population.
The Kraft Heinz failure under the leadership of 3G Capital with backing from Warren Buffett was not a symbol of big food's end. Its mistakes were preventable. But there's no escaping the fact that iconic food brands face a growing loss of relevance.
As FedEx prepares to report earnings on Tuesday, market watchers are looking at the range of threats the world's second-biggest courier company is facing. Amazon and Uber are both getting into the package delivery market.
She takes the helm after Kevin Tsujihara exited the company in March amid an inappropriate relationship with an actress.
CNBC recently held Evolve in New York City. Among the highlights: Best Buy chairman Hubert Joly on the secrets to his amazing retail turnaround and The New York Times CEO on digital media and making the newspaper worth more than President Trump.
In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve?
Mark Thompson, CEO of The New York Times Company, explains why his newspaper's value has grown over 300% at a time when countless others papers have closed and President Trump has bashed the 'fake news.'
Hubert Joly announced in April he was ceding the chief executive spot to Corie Barry, a move that went into effect earlier this month. Joly will now be its executive chairman.
Former Aetna CEO Mark Bertolini says the health insurer's most stressed-out employees spent $1,500 a year more on health care. The finding led him to bring in yoga, pets and sleep management, and he credits the cultural changes in a 600% stock gain.
Shoppers are "very nuanced in their expectations," said Ron Johnson, ex-CEO of J.C. Penney and former Apple retail executive.
Amazon's new policy doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for clients.
Facebook VP David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female employee.
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and software executives to discuss the US ban on Huawei Technologies, two sources briefed on the meeting said on Friday.
Amazon's PillPack was informed this week that it will soon be cut off from patient medication data, according to people familiar with the matter.
Medallia joined Zoom, Crowdstrike and PagerDuty as cloud software providers with strong opening days this year.
The We Company, parent of shared office space manager WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said.
CrowdStrike reported better-than-expected sales in its first earnings report as a public company.
If U.S. scientists and researchers had refused to work on nuclear weapons, like Google did on AI, the world would be much worse, argues Palmer Luckey.
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.
Four members of the House Armed Services Committee said moving forward with the contract was critical to U.S. national security interests.
An Israeli cybersecurity company has reportedly developed spyware that can scrape data from the servers of Apple, Google, Facebook, Amazon and Microsoft products.
A subscription to BritBox will cost just £5.99, and will let people watch TV shows across multiple screens and devices.
Experts estimate that the global esports audience will reach 453.8 million people this year, generating $1.1 billion in revenue.
Hacker Square at Facebook's headquarters pays homage to the company's early motto of moving fast and breaking things.
Microsoft's Intelligent Cloud segment had more revenue than the units containing Office and Windows for the first time in more than three years.
President Trump said he's looking at the JEDI contract that will be awarded to Microsoft or Amazon.
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.
Netflix blames its content slate, regional price increases and a "pull-forward effect" of its strong Q1 growth for the miss.
CrowdStrike reports first earnings report since IPO.
"What happens when competition does become a factor?" says Victor Anthony of Aegis Capital.
Netflix execs on the Q2 earnings call show they just want to create the next "must see" show
FaceApp, the viral app that makes you look old and has been at the center of privacy concerns, now warns you it uploads your picture.
Google announced Thursday that Youngstown, Ohio, has been selected as the inaugural city for an initiative with McClatchy, called the Compass Experiment.
Sen. Chuck Schumer has asked the FBI and FTC to investigate the popular FaceApp app, which lets people see what they'll look like when they're old. Here's what you need to know about it.
Netflix lost paid U.S. subscribers for the first time in eight years and fell below analyst estimates for international subscriber growth.
Silicon Valley workers say they gravitate toward Yang, who is running for president as a Democrat, because of his approach to research and understanding of tech's moral dilemmas.
Ash Carter says the tech giant should be focusing its efforts in the U.S. "We're in debt to the society that we live in."
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines how top companies are promoting and managing innovation to accelerate growth. Through live events, on TV and online, Net Net helps executives anticipate, react and respond to the trends that will affect their bottom line.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines the ways top companies are promoting and managing innovation, leveraging rapid change, and using technology to accelerate growth. In this time of constant disruption, rapid technological innovation, shifting demographics and consumer behavior, change comes lighting fast; through live events, TV programming and digital content, Net Net helps executives anticipate, react and respond to the latest trends that will affect their operations and bottom line.