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.
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.
Farm bankruptcies in September surged 24% to 580 amid a perfect storm created by Donald Trump's trade war with China and Europe, slumping commodity prices as well as a year of unfavorable weather.
Buffett is holding so much cash on the Berkshire Hathaway balance sheet a shareholder sold the stock citing "thumbsucking." An obvious solution would be to buy utilities where consolidation is needed and Berkshire is huge. But it's complicated.
The company that specializes in drinkware and coolers announced a new wholesale partnership and reported a 33% increase in inventory to mitigate looming tariffs.
Ghosting is on the rise and has crept into the workplace. Whether it's by a potential employer, a strategic partner or a client, being brushed aside or entirely ignored can produce feelings of defeat, disappointment and confusion.
CNBC's Jon Fortt and Morgan Brennan discuss Microsoft's big defense contract, Apple's AirPods Pro and much more.
Russian start-up Promobot unveiled what it calls the world's first android. It closely resembles a person and performs tasks such as accepting payments and answering customer questions. It comes with an AI system with over 100,000 speech modules.
Boeing CEO Dennis Muilenburg was grilled by Rep. Steve Cohen on Wednesday over his salary during questioning about 737 Max crashes.
Having a solid succession plan in place is crucial to ensure a seamless transition of ownership, especially when faced with the unexpected. According to Rocket Lawyer, however, 72% of companies don't have one. Here are some tips to get started.
Last year companies poured $1.3 trillion into digital transformation initiatives, 70% of which — or $900 billion — was wasted on failed programs at companies like GE, Ford and P&G. Among those that succeeded, only 16% saw improvements in performance.
The Beatles remain a pop culture phenomenon even among Gen Z and millennial fans. The group has kept the 50-year-old brand popular with streaming, Sirius radio and video games.
At United Airlines' Flight Plan 2020 event on Friday, the carrier announced its latest moves to keep its growth strategy on course, including vegan dining options for travelers, who prefer healthier selections with higher-quality ingredients.
Jon Fortt sits down with The New York Times' Farhad Manjoo and John Stanton, co-founder of the Save Journalism Project, to discuss Mark Zuckerberg's congressional testimony on Facebook's libra project.
Active managers struggling against low-cost index funds are in an existential crisis. How bad is it? Even though a recession would crush stocks of asset managers, an economic downturn may be the last chance they have to prove they can outperform.
Caterpillar's autonomous and remote-controlled mining equipment could very well find itself on the moon when NASA is scheduled to return to the lunar surface in 2024.
Kevin Plank built Under Armour from scratch. Its first full year in business, in 1996, it did $17,000 in sales. Last year, it did $5.2 billion.
Kevin Plank and Patrik Frisk will "divide and conquer" their responsibilities in leading Under Armour, the duo told CNBC on Tuesday morning, on the heels of the company announcing Plank will step down as CEO on Jan. 1.
Snapchat's Spectacles 3 launch on Tuesday for $380. CNBC has been testing them out. Here are some of the fun new 3D and augmented reality (AR) effects you can apply, and what they're like.
Goldman Sachs denied allegations of gender bias and said it will reevaluate credit limits for Apple Card users on a case-by-case basis for customers who claim to be affected.
Venture capital firm Balderton Capital has raised a new $400 million fund, which will be used to invest in early-stage European start-ups.
Microsoft, Snap, Facebook, Google, Apple and Amazon are all racing to replace our phones with glasses we wear everywhere.
Kalanick is starting a new venture called CloudKitchens, which reportedly has a major investment from a Saudi fund.
Legere has deep ties to executives at SoftBank, which took control of WeWork in October.
"This is an Apple product, and Apple owns this fully," argues David Heinemeier Hansson.
With reports that T-Mobile CEO John Legere could be the next head of WeWork, it's worth recounting his testy relationship with Marcelo Claure, WeWork's chairman.
Chinese e-commerce giant Alibaba set a sales record on Singles Day, the world's largest 24-hour shopping event.
Legere's experience with challenging environments at Global Crossing and T-Mobile have primed him for a job as difficult as turning around WeWork, says Jeffrey Sonnenfeld.
Tech critics aren't keen on the idea, pointing to a history of using automated systems that end up discriminating against already-marginalized groups.
Amazon plans to open a new grocery store in Woodland Hills in 2020.
Disney+, which is poised to be Netflix's biggest competitor, will launch on Tuesday.
Apple is reportedly planning to launch an AR headset in 2022 followed by smaller glasses that can be worn all day in 2023, according to The Information.
Uber CEO Dara Khosrowshahi expresses regret for describing the murder of Saudi journalist Jamal Khashoggi as a "mistake."
The program could help Amazon recruit talent as many companies will offer telemedicine apps, but few put their own spin on the service.
Lazada said it received a record of over 3 million orders in the first hour, while its rival Shopee said its order volume tripled.
Apple's Beats Solo Pro headphones have lots of similarities to the AirPods Pro have but sit on your ears instead of in them.
After a three-year string of scandals, Facebook finds itself staring down four separate antitrust investigations and a front-runner presidential candidate who has made the breakup of the company a key part of her campaign.
Since launching last year, Sweden's Voi has brought in 4 million users who have taken 14 million rides.
WeWork on Friday announced a '90-day game plan' that includes sweeping changes to its business.
Facebook on Friday issued an apology following an anonymous blog post complaining about a racist culture toward black, Hispanic and female Asian employees at the social media company.
To bring more awareness to a demographic of startup companies that have been historically underrepresented in the investment world, Chamillionaire, E40, and Republic.co, will be investing $100,000 in a minority or woman founded startup company.
In September, Facebook said that it will not fact check or remove content posted by politicians except with a few exceptions.
Hughes said on Friday that Zuckerberg's claim that the Iraq War helped shape his views on free speech doesn't sound quite right.
Syniverse is one of many companies that make up the complex web of intermediaries in the mobile carrier world. The company said a server went offline on Feb. 14, 2019.
Waymo has been facing challenges to commercialize self-driving cars. Morgan Stanley cut its valuation on Waymo by 40% last month, concluding that the industry is moving toward commercialization more slowly than expected.
Investors remain bullish on Microsoft, Apple and Alphabet, favoring positive financial outlooks over concerns of a slowing economy.
Facebook says it is taking down any content that seeks to unmask the Ukraine whistleblower from its platform. The whistleblower sparked the Trump impeachment inquiry.
President Donald Trump and Tim Cook's relationship really started after Trump's election win in 2016, when the Apple CEO and several other CEOs visited the president-elect at Trump Tower. Here's how it evolved amid Trump's trade war.
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.