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.
This protest comes about a month after Nike was hit with a damning op-ed by running prodigy Mary Cain that highlighted the obstacles female athletes have faced while training with Salazar, the coach of Nike's now-shuttered Oregon Project.
Transitioning back to work after a baby can be one of the most intense moments in a working parent's life. Many employers, including Netflix, Cisco and Intuit, are implementing progressive and unique ways to show support — and maintain productivity.
The change happens in May, when Munoz becomes executive chairman, succeeding Jane Garvey, who is retiring from the board.
Jon Fortt sits down with Amazon Web Services CEO Andy Jassy at the company's annual AWS Re:Invent conference in Las Vegas.
Expedia Chairman Barry Diller says the leadership changes resulted from disagreements over strategy.
In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? The CNBC Evolve summit features iconic global companies and executives who are embracing change and transforming for the future.
Many of the fastest-growing occupations identified by the Bureau of Labor Statistics also come with flexible work options, such as a remote arrangement, a flexible or part-time schedule or freelance work. Here are the jobs to watch in 2020.
NASA has been changing in several different ways, especially by partnering with corporations to develop new technologies.
TGI Fridays chief experience officer Sherif Mityas is taking a 50-year-old brand into the future, but going fast is not the answer, he says. Rapid and drastic digital transformation efforts will result in failure.
Researchers at Harvard developed a 3-D printing technique that's a breakthrough for manufacturing. It allows multi-material printing in a fraction of time of current machines. It can switch materials at up to 50 times per second.
In 2017, Warner Bros. released 'Justice League' to bad reviews. But fans are still clamoring to see a cut of the movie by Zack Snyder, which was never released. Why is the studio resisting giving superfans what they want?
The number of co-working spaces worldwide is expected to hit 25,968 by 2022, an increase of 42% from 2019, says CoworkingResources. Yet there's been a huge shift as to whom these spaces are actually serving. Hint: It's not the independent worker.
Caterpillar is known for big, bulky and very 20th-century industrial machinery, but it was well ahead of the auto sector on autonomous vehicles. Caterpillar chief digital officer Ogi Redzic shares three lessons on how to compete in a tech-led era.
At a recent event in San Francisco to celebrate the 2019 CNBC Disruptor 50 companies, World Cup Champion Megan Rapinoe said companies should see that paying men and women equally is ultimately good for the bottom line.
CNBC's Jon Fortt and Ina Fried from Axios discuss President Trump's visit to Austin, Texas, Microsoft vs. Slack and more.
Walmart's Doug McMillon, who says he grew up around guns and still owns them, believes he can see "all sides of this issue," though it's ultimately about safety.
Levi Strauss CEO Chip Bergh says technology will make the idea of uniform clothing sizes obsolete in 10 years as body scanners and cameras give every shopper the personal fit they need.
Entrepreneur Davyeon Ross used his love of basketball to secure more than $25 million from investors including NBA legends David Stern and Magic Johnson.
Lowe's quarterly earnings beat expectations, but revenue falls short and the retailer announces plans to close 34 Canadian stores.
Activision Blizzard CEO Bobby Kotick said the move to mobile gaming should help the video game company reach 1 billion users in five years.
Levi Strauss CEO Chip Bergh had his work cut out for him when he took over the struggling blue jeans brand in 2011. But the former P&G brand expert saw the 166-year-old company as his ultimate challenge.
Walmart CEO Doug McMillon spoke at CNBC's Evolve conference about how the retailer keeps changing to meet customers' expectations.
Eric Ryan, co-founder of Method and gummy vitamin and supplement brand Olly, is on a mission to reinvent the first-aid category with his newest company, Welly. In an interview with CNBC, he reveals how he spots niches ripe for reinvention.
The future of live entertainment and sports is embodied in the new SoFi Stadium, set to open in LA in July. Technology at the venue, including 4K video and Wi-Fi 6, will dazzle fans looking for shared high-end experiences.
Dan Lewis led the Amazon team that built the online giant's customer review tech. Success came, but so did a big lesson about being too focused on one solution that now informs every effort at Convoy, the trucking logistics company Lewis founded.
Anheuser-Busch is introducing "beyond beer" products, in particular hard seltzers, a burgeoning category that the beer giant will pour $100 million into next year as traditional beer sales flatten.
Britain's biggest public companies have a long way to go when it comes to achieving gender equality in leadership, according to a new report.
After years of resisting, Nike launched a pilot in 2017 to sell a limited product assortment on Amazon. Now, it's focusing on selling more directly to consumers.
Remote work offers opportunities to veterans having a tough time reintegrating into civilian life. To address this, companies like Upwork, FlexJobs and Support.com are recruiting veterans and military spouses for work-at-home positions right now.
Jon Fortt sits down 1-on-1 with the CEO of Canva
Apple's new Mac Pro is available now and costs $52,199 fully loaded.
For the past two decades, Oracle has hosted its massive software conference in San Francisco. But that's changing in 2020.
Evangelists promote direct listings as a better way to go public because companies can get the same result without selling a bunch of stock and giving away a big first-day pop.
Dr. Jacqueline Shreibati will join Google's health clinical team and report to the chief health officer, Dr. Karen DeSalvo.
Celmatix is suing 23andMe, alleging it broke the terms of its contract and derailed its financing plans.
NBCU says it's on track to beat its record of $1.2B for the Rio games.
At a hearing Tuesday, Apple and Facebook representatives testified about the merits of encryption.
Netflix counts a view for "The Irishman" as a subscriber who watched at least 70% of the movie.
Apple announces that starting Tuesday, people who have an Apple Card can buy an iPhone in 24 installments without paying interest.
Apple is suing its former chip architect over claims he breached his contract by heading up a new server chip company.
Needham downgraded Netflix to underperform and said the company must add a lowered price tier in order to handle increasing competition.
TikTok says its chief, Alex Zhu, will postpone the meetings until after the holidays.
Apple on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.
Frances Arnold becomes the third woman on Alphabet's 11-person board of directors.
The Switch could become the biggest console in China in the next few years, analysts told CNBC, but it faces challenges in a market that loves free-to-play mobile games.
Google Maps for iPhone has a new Incognito mode that will temporarily stop logging your trip while it's active.
Saga is launching a virtual currency which pegs its value to the basket of currencies that form the IMF's special drawing rights.
One analyst suggested Apple will remove the Lightning charging port from an iPhone in 2021, but we're not ready for purely wireless technology.
SoftBank's $100 billion Vision Fund has come under scrutiny for plowing money into unprofitable start-ups, such as WeWork and Uber.
The National Labor Relations Board has officially begun a fresh investigation into Google's labor practices after "Thanksgiving Four" file federal complaint.
In the videos, the truck appears to be equipped with manufacturer's plates, meaning that while it may not be street legal yet, it can be driven on roads for testing.
Disney has garnered nearly $10 billion at the global box office so far this year and it still has one more blockbuster to release.
"That is a very valuable asset in terms of an iconic office building so we made the decision that we're better off divesting it," ViacomCBS CEO Bob Bakish says.
Former FCC chairman Reed Hundt says final approval of the T-Mobile-Sprint merger would allow for 5G networks to be built faster.
Amazon laid out why it's protesting the Defense Department's award of the JEDI cloud contract in a new filing made public Monday.
The driver told police that he was checking on his dog in the backseat when his Tesla Model 3 rear-ended a cruiser, then continued to also strike a disabled car.
Amazon faced pushback from local activists who criticized the nearly $3 billion in of incentives offered for HQ2 in exchange for 25,000 jobs.
Apple will begin accepting orders for its new Mac Pro desktop computer, which starts at $5,999, on Tuesday, Dec. 10.
China's Communist Party has ordered state offices to remove foreign hardware and software within three years, the Financial Times reports.
As Silicon Valley courts a closer relationship with the Pentagon, tech firms have faced backlash for pursuing lucrative defense contracts.
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.