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.
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
Ravin Gandhi sold his manufacturing company to a multibillion-dollar Japanese conglomerate, but his big success almost never happened. Gandhi says eight fears typically experienced by young entrepreneurs almost stopped him.
Digital transformation is key for corporations across all sectors of the market. The Technology Executive Council Summit took place in New York City on Oct. 29, 2019.
Although 2020 presidential candidates are addressing student loan debt and flaws in the modern education system, they're failing to treat the real issue: universities failing to turn out students with the talent necessary to work in the real world.
Gap Inc.'s plans to spin off its once-star Old Navy brand are being called into question with CEO Art Peck ousted.
Most American workers are not worried about robots taking their jobs, but the level of fear about automation does rise significantly among the youngest workers in the country, according to a new CNBC survey.
In the midst of the fourth industrial revolution, CIOs and CTOs hold the key roles managing corporate digital transformation and leveraging new, game-changing technologies. This edition of CNBC's @Work series examines the human-machine interface, how to balance the needs of today with the possibilities of tomorrow, and the winning strategies of best-in-class companies. The event took place in San Francisco on November 4, 2019.
Businesses that create a puffed-up company ethos but skimp on their most basic responsibility of paying their workforce well will end up with unhappy employees no matter how grandiose their company mission statement.
Edward Snowden's 2013 leaks may have hurt U.S. businesses more than the government agencies that lost the information, Sue Gordon said Monday.
Some employees would need to "find jobs elsewhere" if "there were no option for selling commercial insurance," Kaiser Permanente CEO Bernard Tyson says.
Former McDonald's CEO Steve Easterbrook wrote in an email that "the values of the company" dictated his firing over the weekend. American workers are placing greater focus on company values, according to the latest CNBC Workplace Happiness survey.
In the latest quarterly CNBC|SurveyMonkey Workplace Happiness Survey, a full 90% of tech workers say they are very or somewhat satisfied with their job. They rank highest in workplace happiness and job satisfaction.
SAS Institute CEO Jim Goodnight believes the next decade's advancements in computer vision will make robots more sophisticated and transform the workplace.
"Oh my f------ God," Tesla CEO Elon Musk exclaimed when the glass cracked. "Well, maybe that was a little too hard."
Wawa says Tesla is investigating the cause of the fire.
In a meeting with employees on Friday, WeWork Chairman Marcelo Claure laid out his plans to get the company to profitability.
The comments come as Google's parent company, Alphabet, is preparing for a slowdown in its core digital advertising business.
The truck is Tesla's sixth vehicle model since the company was founded in 2003.
Kalanick, who was ousted as CEO, sold nearly $900 million worth of Uber shares earlier this month.
Short tenure times for chief marketing officers can lead to an overindulgence on short-term marketing objectives.
Pure Storage gave a lighter-than-expected sales forecast, sparking a plunge in the company's stock price.
Airbnb COO Belinda Johnson will step down on March 1. She will also join Airbnb's board.
"I just think it's going to be a bit of a bust," the "'Mad Money" host says of the Cybertruck. "I'm calling it the E-Edsel."
So far this year, over 20% of European start-up funding rounds have included a US or Asian investor, up from 10% in 2015.
In his speech before the Anti-Defamation League, Sacha Baron Cohen said hate groups are rising all around the world, and Big Tech is part of the problem.
The beleaguered office-sharing start-up is laying off employees in an attempt to right-size the business.
Microsoft said on Thursday it had been granted a license from the U.S. government to export software to Huawei Technologies Co Ltd.
President Obama said technology has increased inequality and made available so much information that people don't know what to believe.
YouTube CEO Susan Wojcicki, in her year-end letter, said YouTube hustlers can take some time off without worrying about burnout.
Apple CEO Tim Cook and President Trump appeared at the Austin facility where the Mac Pro is being assembled as the company seeks tariff relief.
Microsoft's chief product officer Panos Panay said the company's AirPods competitor, Surface Earbuds, will now launch in spring 2020 instead of the 2019 holiday season.
Carbon, an additive manufacturing unicorn backed by GV, BMW Group and Baillie Gifford, has appointed ex-DuPont chief Ellen Kullman as CEO.
According to data from consumer analytics firm Second Measure, DoorDash has 35% of the meal delivery market. Publicly traded rivals Grubhub and Uber Eats captured 30% and 20% of the market, respectively.
Liberty Media Chairman John Malone takes issue with SoftBank CEO Masayoshi Son's investment approach in light of the botched WeWork IPO.
Budget hotel chain Oyo appoints Betsy Atkins, CEO and founder of Baja Corp., as independent director on its board.
HP's board unanimously rejected Xerox's bid to acquire the company over the weekend.
A bipartisan team of representatives introduced the bill on Thursday, which could bring greater regulation to Facebook's libra if passed.
At least 1,000 users reported issues loading shows and movies on the platform across the U.S. and Europe, according to DownDetector.
It is the second round of the annual Bezos Day One Families Fund annual leadership awards after the billionaire launched the philanthropic organization in September 2018 to combat homelessness and provide quality education for low-income children.
The attack comes after a report detailed a previously undisclosed meeting between Zuckerberg, Trump and tech investor Peter Thiel.
Snap and Verizon say they're now "5G innovation partners."
Amazon on Thursday announced the Dash Smart Shelf with a built-in scale that can automatically reorder office supplies when you're running low.
President Donald Trump hosted a previously undisclosed dinner with Facebook CEO Mark Zuckerberg and Facebook board member Peter Thiel at the White House in October, the company told NBC News on Wednesday.
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.