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.
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.
An Accenture study shows 63% of companies face high levels of disruption in all industry sectors. To succeed, companies need to pivot to the future but not cast off their legacy businesses.
If leaders give their employees the recognition they've earned, they will drive significantly better results.
Western Union has embraced the shift to digital transactions to help compete against the onslaught of rivals like TransferWise and WorldRemit, all vying for a piece of the $689 billion global remittance market.
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.
Netflix blamed its content slate, regional price increases and a 'pull-forward effect' of its strong Q1 growth for the miss.
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.
The tech giant should be focusing its efforts in the U.S., says Ash Carter. "We're in debt to the society that we live in."
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.
Loup Ventures founding partner Gene Munster told CNBC's "Fast Money" on Wednesday that Netflix's disappointing second quarter results are a turning point for the company, saying the best days for the streaming giant "are in fact behind it."
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.
The company blamed its Q2 content slate and price increases for the subscriber miss.
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.
Rep. Ro Khanna said Wednesday on CNBC's "Closing Bell" that the EU "has been a disaster when it comes to tech innovation."
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.
Yes, Netflix is losing "The Office" and "Friends" in the next two years. But that may not be a bad thing for the streaming company.
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.
Philips has acquired a start-up that texts you about your poop. That's Medumo, a Boston-based company, which works with hospitals to guide their patients through common procedures.
Microsoft's effort to catch Amazon Web Services in cloud got a major boost from a new deal with AT&T and an agreement to build out services for 5G.
FaceApp lets you apply a filter to your selfies to see what you might look like when you're old. Here's how to use it.
The EU opened a formal antitrust investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.
Turo is a peer-to-peer car-sharing firm that is often referred to as the Airbnb for cars.
"Here's what I think is true: Google refused to work for the Pentagon on artificial intelligence" and it works on AI in China, says Richard Clarke.
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.
But it's important to separate this very real threat from Thiel's specific allegations about Google, which were presented without proof, and from his claims that Google has participated in "treasonous" activity.
The electric car company is making price cuts to some of its vehicles and announced updates to its lineup.
Google's services have been blocked in China for several years, but the company still has businesses there.
IBM announced Tuesday that it signed a multiyear agreement with AT&T enabling the carrier to host its business applications on the IBM Cloud.
At a hearing with the House Judiciary subcommittee on antitrust, an Amazon representative disputed a key argument about how it users sellers' data.
Google VP of policy Karan Bhatia started sweating early as hearing chair Ted Cruz brings out an internal presentation created within the company.
In prepared remarks for a congressional hearing, Facebook says Instagram and WhatsApp have had a greater chance to thrive after merging.
Spotify stock plunged over 1% on a report that Apple is spending money to create its own original podcasts.
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.