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.
Jon Fortt sits down with hip-hop artist & entrepreneur Fat Joe to discuss the future of the music industry, his business ventures and much more.
Jeff Shell, chairman of NBCUniversal Film and Entertainment, is expected to succeed Burke as CEO, Variety reports.
Google's missteps of late and its struggle to handle its growing global workforce has had a profound negative impact on company culture. Once the industry darling, the tech giant must now find a way to recreate a culture of trust and transparency.
"CEOs are justified in their caution about the state of the U.S. economy," says Business Roundtable President Joshua Bolten.
California's new AB 5 employment law takes effect Jan. 1, 2020, and freelancers already are feeling the squeeze with a decline in business and income as companies slash their independent contracting business.
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.
After a series of widespread cyberattacks in Louisiana, which led to two statewide emergency declarations this year, New Orleans was hit on Friday.
You can now ask Alexa to talk to Samuel L. Jackson to get him to read you the weather, the news, your calendar entries and more. It costs $1. Here's how to set it up.
Amazon's methodology — low prices, endless selection, continuous novelty — will continue to make it a fearsome competitor in the next decade. An eventual $2 trillion market cap is not out of the question.
Adobe rose almost 4% on Friday, closing at an all-time high and reflecting the company's extended move from desktop software to the cloud.
The DOJ believes Live Nation's actions violate its 2010 merger agreement with Ticketmaster, sources told the Journal.
Theft of unencrypted hard drives from a Facebook employee's car led the company to announce another privacy and security incident to its employees.
Many analysts expect that a 5G iPhone will reignite slumping phone sales that have transpired in recent years as users hold onto their older models longer.
AT&T's consumer 5G network is now live in 10 cities, but you might want to hold off on a phone purchase.
The deal in the midst of the Christmas shopping season is a major reprieve for Apple, which has established a massive supply chain based in China that produced 218 million iPhones in 2018.
Dent is a proposed operating system for switches, which are pieces of hardware used to route data around networks.
Apple employees in the Santa Clara Valley region can now access free genetic tests via Color Genomics.
Jeff Shell, chairman of NBCUniversal Film and Entertainment, is expected to succeed Burke as CEO, Variety reports.
Amazon is already delivering about half of the packages in the U.S., Morgan Stanley estimates.
Microsoft pulled the wraps off its new console, the Xbox Series X, charging ahead of Sony in debuting next-generation gaming hardware.
The company has asked for a second extension related to investigating sexual misconduct allegations among executives.
Apple's new iOS 13.3 software has new parental controls that let you limit who your kids can contact. But a bug lets them call, FaceTime and text with anyone.
Lyft said on Thursday that it's launching a car rental service within its main app.
The injunction would likely seek to block Facebook from enforcing policies around how its apps interact, sources told The Wall Street Journal.
Oracle beat estimates on earnings but revenue was up less than 1%, missing on the top line.
WeWork's efforts to cut costs and achieve profitability have ramped up considerably since SoftBank announced it would take control of the company in October.
Airbnb is staring at increased regulation as it prepares to go public next year.
New ad experience from Hulu will show special ads for viewers when they're watching three or more episode of a series.
While Amazon challenges the JEDI contract in court, Microsoft is staffing up so it can handle development of the underlying infrastructure.
Tesla's general counsel Jonathan Chang is exiting the company, marking the latest executive departure at the electric-car maker.
Orangetheory said it will roll out a new device early next year that will sync customers' Apple Watches with its own heart-rate monitoring system.
The analysts cited the looming Dec. 15 deadline that could see more tariffs imposed on Apple products as part of the ongoing U.S.-China trade war as more cause for concern.
Express Scripts is putting companies offering cutting-edge treatments into a "formulary" of recommendations for insurance plans and doctors.
The actress in the much-criticized Peloton ad says she didn't want to appear to be making fun of the Peloton spot by appearing in an Aviation Gin ad.
Telefonica Deutschland, one of Germany's top mobile carriers, has picked Huawei and Nokia to build out its 5G network.
Brooklyn prosecutors said in November that a Lithuanian man and an unknown co-conspirator emptied the brokerage accounts of hapless victims of hundreds of thousands of dollars.
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.