when it comes to benioff's executive tree, there are four main branches, first you have teen zoo, who salesforce.com's 11th employees, the first chief marketing officer and chief strategy officer. after nine years there, zoo left to find his own business, zura, which became publicly a staple sales 14 realized subscription would be the next big thing. everybody wants to turn their products into a subscription service for a steady revenue a great article today in the times about if you don't have a sub business, you are hurting. so he created zuora, launching managing and grow their subscription services. we had travel trust, which you can follow along, and zouora helps with that. it got pommelled but has rebounded from its december lows remember, literally wrote the book on the subscription economy and the numbers have been down right incredible i don't to diminish his accomplishments, but he had a great idea the benioff executive tree, one of the reasons i have been such a big believer in zuoro. next branch of the benioff tree, peter gassner, the founder and ceo of bevus symptoms, he

and marc benioff says the business of business is improving the state of the world., that is antithetical to so many >> so many do you really want to see legislation that tells corporations what they can or can't do in terms of allocation of capital >> i think what you can do is say, look, benioff has developed -- i once met with president clinton and said i think we ought to -- i got a plan, before i was in the media, where if you lay off people, they should get a little bit of stock. because when you lay off people, stock goes up. and he listened to it. he said that was a great idea. and that would be terrific and what an idea, really fabulous and then i had a diet coke with him and never saw him again. that's fine. said it was fabulous but you go and you suggest that benioff's right and then you look at -- >> that's not going to happen either, though. >> they don't seem to know -- >> the corporations are under pressure from activists, conceivably, if they're holding cash it is not going to change their approach to capex. are they going to start to spend more if th

ceo mark benioff tweeted out this video of one of those tours. the o'hannah floor. it's the 61st floor. it's going to be open one saturday per month to four 50-person public tours. the best news is that it's free. you do have to sign up well in advance. >> yes, you do. >> and now anoushah. >> listen, i'm just so excited to see rob here that i wanted to get to rob sooner than when we were going to get to him. >> nice weather for the weekend. not going to be as welcome, though, by monday, wednesday. >> never mind, then, rob. >> he's good for the weekend. >> good news for your weekend plans. and the chinese new year parade a bit earlier this evening, good weather for nap partly cloudy skies. 39, 39 degrees in morgan hill. a few spots dropping into the low 40s and upper 30s by morning. right now our storm ranger mobile doppler radar scanning the skies. i canning up a few sprinkles off to the wefrt, and during the day tomorrow we may see a few light showers, especially around the north bay. but you notice in terms of hading up on the ground not a lot to see there but the

ceo mark benioff tweeted out this video from the ohana floor, open one saturday a month to four 50-person public tours. the best part about this is that if you can get in on it, it's free, but you do have to sign up well in advance. >> they're way sold out right now. >>> 4:37. coming up next on "today in the bay," have you noticed a larger pain at the pump? the reason you're paying more for gas. >>> plus t is costing more for date night, rising costs of going out and what's to blame. you're watching "today in the bay." wimpy trash bags? c'mon. hefty! hefty! hefty! hey ladies... buy hefty® ultra strong™ at a low price. dada! i wish... get hefty® ultra strong™ costs less than glad® forceflex where sold head to head. >>> good morning. i'm frank holland at cnbc global headquarters. here are today's top business headlines. wall street is set to open up higher this morning, dow futures up 130 points, following a positive lead from asia and europe. china's markets had their best day in more than three years, after president trump decided to delay a deadline this friday to raise tariffs on chines

benioff as an example again.

marc benioff has stood up to facebook, particularly about addiction and attention issues.nk it's important for the tech industry to speak out. a lot of people think the tech industry is monolithic. apple is very different from facebook. i think what apple did in this case was completely thoughtful, respectful. they shut it down after a day, and in the absence of commonsense regulation by the government, who have been missing in action, i think would apple did was excellent. brad: you make a good point by saying the tech industry is not monolithic. what kind of questions should be the asking other companies like amazon, which itself is building very large efforts? jim: i agree with you. the last segment was quite interesting with that regard. we have to ask, what is your responsibility so society. tech has some the great benefits for all of us, that there have been many unintended consequences, particularly in the realm of facebook, etc. the hacking of our democracy, we have seen the impact on children, privacy issues. we are coming to terms with that. you have to see leade

marc benioff was trying to change the world with salesforce a co-ceo keith block that stock has been >> all these other semiconductors, microchips have been good. advanced micro is done going down >> salesforce has got a market cap of $125 million. remember when there was talk it would get taken out? who can buy it nobody nobody it's too big >> i can think two of companies. >> microsoft and -- one other. alphabet >> but they are friends. i don't think that's going to happen >> let's pay close attention to twitter. is twitter too low >> twitter is it too low? >> it's too low. >> i have no idea. >> good stuff. that's what we ask you >> you're welcome. the answer is yes. >> crm twitter, yeah >> remember that >> a few years ago a long time ago. >> your buddy won't even look at me >> my buddy? >> i'm seeing him tonight. i'll tell him you said hi. he's not a fan of yours. >> no. >> we'll get stop trading with jim after a short break. >>> time for cramer and stop trading. >> under armour, good things coming out on the conference call inventories are down 12% that turned the stock around my

of comments about facebook before and we've heard this from some of the other tech ceos like marc benioffe other comments that really jumped out at me from this particular panel discussion were the ones around amazon and this idea that alexa-enabled devices, that amazon is not guaranteeing your privacy. and i think a lot of folks that have those type of devices in their home are not thinking about it that way, that there's the potential for eavesdropping and what that means. >> yeah, brave new world we'll continue to monitor anything else that parker may say. >>> meantime, t-mobile's john legere and marcelo claure testifying today in front of the house subcommittee on their proposed merger. john faber joins us with the latest >> not a great deal of fire at this point, although you never know with legere in particular, and claure, for his part, can bring it, as well, if he wants to but the two sides arguing voe si vociferously why their deal is pro-competitive, why it will be a positive for the u.s. and for consumers in the face of certainly some opposition that views the idea of four wire

it reminds me of marc benioff bought target.ou need push to phone but e-mail, particularly for marketing on this platform so tell me let's say pick a client that you both work with and now you're together being one plus one equals three >> yeah, well, you mentioned, jim, airbnb as one great customer they're a customer of ours as well so any of your listeners throughout, when they make a reservation for a given stay, they'll get a confirmation of that reservation in their e-mail inbox. that's being delivered by sendgrid that's one example from our 82,000 paying customers, and a joint customer, and one plus one equals five because we believe companies like airbnb and the 140,000 other joint total companies that we serve in our twilio family now, they're going to need ability to orchestrate communications, different ways to engage with their users over a myriad of channels e-mail certainly a important one. sms, push, messaging, we're excited about the combination. >> one of the things i'm possessed with is i don't know people reali

. >> so marc benioff buys "time" magazine, and they are a good customer what does "time" magazine needes for? >> well, i think very much the same way any company does. again, if you are building technology applications and trying to build consumer experiences, you want to do as much as you can for as little money as possible, and then you want to be able -- when you have ideas, you want to be able to move fast. so one of the things that happens with companies that build in the cloud, it used to be old days where it was so hard to get anything done none of your employees spent any time outside of work thinking about new ideas, because why bother it was so demoralizing you never get to try it. but because you can provision instances and servers in minutes, what you find is people spend their free time thinking about new customer experiences, because they know they can have something they can come up with over the weekend and come in monday and try it for a dollar so it changes how many people this your company think about innovation and where you get new ideas from throughout the company

this is one of the best-looking charts on the market who cares about valuation at this point mark benioff is doing everything he needs to do to make these guys the major player in the cloud. >> thanks for that, dab. full show "options action" tomorrow at 5:30 p.m. eastern time up next, final trades. (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. p

. >> did you see marc benioff make a comment about this in davos that ai will have to become a human>> i think he meant the inequality multiplier. as applied, for example -- as seen in san francisco. right? where these new expensive high-rises are being built for the ultra rich enabled by internet and ai. and while people in the lower cost housing are now homeless. so something needs to be done by the government or by corporations or preferably by both to deal with the inequality that's created zblung that's happening? >> it's already happening -- >> no, do you think the way to try to deal with the inequality is happening >> it's not. marc championed the san francisco effort to take corporate tax. there are the companies like amazon trying to deal with retraining of the employees who are displaced. but those are small efforts. i think governments have to take a stronger view on this. this is kevin in the "new york times" after davos which you attended he said, they'll never admit it in public but many of your bosses want machines to replace you as soon as possible. that artificial in

workday is about laying off people corporate software marc benioff talks about the fourth industrialevolution, what do we do with all of the people that we're going to lay off because of the phone, because of -- >> because of. ai. >> there is a lot of shoddy research and discussion about amazon this morning. i know we'll get to it amazon, people say what a mistake, whole foods whole foods was up 6%. they moved the good part to online they kept the bad part okay on the brick and mortar. whole foods was a -- they're doing great there. what i'm saying is we better be careful that we have to keep creating these jobs because we're about to have a wave of unemployment from technology that i think is going to make us realize, wow, i wish we created those jobs >> what is mckenzie's numbers, 40% in service, something like that. >> you look at ge. >> shocking numbers. we started talking about this here, a couple of years ago, these things take time it is happening. we may be heading into it. there can be a period of dislocation that extends for 10, 20, even longer years before wee figure it ou

benioff as an example again. you can see here contributions to the yes on c, yes on c, and then, a different committee, yes on a, so you can see it's bringing in information from different committees. that was all i wanted to show you today, but i think you can get the most out of these by playing with them yourself. i encourage you all to click around and attempt to find interesting information. i wanted to reemphasize the public and the reporters in san francisco have come to rely on these as a source of information, and the ethics commission has accordingly started updating these -- and that we update these on a daily basis, and it has become a daily part of operations inside the commission because we want to keep values current and make sure that accurate numbers are always available. we're working on building out the technical infrastructure that makes things like this possible, and so i look forward to bringing more projects like this to your attention in the future. >> chair chiu: mr. field, thank you very