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benioff thinks he's sacrificing. ago sasha boran argued that the internet is the biggest propaganda machine he said mark zuckerberg is the worst violator baron cohen blew through godwin's law now what does this have to do with your money? until last night i would have said nothing i thought this was pretty philosophical, etherial. i think benioff is taking out a strategy because they don't care about your truth and salesforce's ethos is about truth. i always thought it could co-exist after listening, i don't know. i'm worried that we're headed towards a future where facebook may have to be regulated i think if someone pays facebook to facilitate a genocide ad they have to take that ad down and they have to give the money back either facebook does it themselves or i think the government will do it for them you can argue they're competing etiologies or competing approaches to business salesforce isn't a consumer-focused company facebook's users aren't customers. if they were charging you for the content they would care

with me is the afore mentioned mark benioff. author of the new book "trail blazer, the power of business as the greatest platform for change." thank foyou for coming on. >> what's it like being the magazine owner hat? >> well, i'm thrilled to, you know, be a steward of this historic brand. just being associated with this 95-year history of "time magazine" and the ability to give it the fuel to keep going forward, that's what really excites us every day. >> i noticed recently person of the year of course you had on the cover there the famous gr a greta. i think people wondered given how outspoken you've been on climate change if you're influencing the decisions of the magazine. >> one of the decisions we made is we wouldn't get involved in editorial decisions. we also made a decision that we wouldn't get involved in operational decisions. like you said, we have our hands full already with lots of other exciting things that we do every single day, but we want to be able to be the stewards of the historic brand and give them this a

. >>> this is giving tuesday and ktvu is partnering with ucsf benioff children's hospital in oakland.next, we will sit down to talk with a little girl, known as leah to overcome her, to learn how the generosity of others help her and her family heal. >>> plus, look at that hospital and how they use forms of therapy outside the box to help those patients recover. ♪oh there's no place like home for the holidays.♪ ♪'cause no matter how far away you roam.♪ ♪when you pine for the sunshine of a friendly gaze.♪ ♪for the holidays you can't beat home sweet home.♪ the united states postal service goes the extra mile to bring your holidays home. and now for their service to the community,doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> today is giving tuesday. a global movement encouraging people and organizations to help make a difference in their commu

ucsf benioff children's hospital in san francisco was her home for a year was she took on the fight ofe. >> i was diagnosed with bone cancer in my femur and knee. they had to replace my femur and meet with a metal rod. >> i was four years ago. she is now cancer free. because she is growing she needs that metal rod replaced. she will spend the holidays at this hospital for another major surgery. >> it's a little scary. it's so warm and inviting. >> in a modest office upstairs it's decoration and gift sorting time at the hospital. >> we are on the clock nonstop getting ready for toy donations. >> lauren and her colleagues work with the child live service department. they provide art and music therapy for young patients like dragon seen this video years ago lane instruments in her hospital bed. >> it supported by the community. >> with 60 percent of the budget coming from donations ucsf benioff children's hospital in san francisco has a holiday amazon wish list. anyone can come into their lobby and drop off y. >> it's a festive and warm environment. >> ryan's mom remembers how important t

up next, the ucsf benioff children's hospital shows what they are doing on this giving tuesday. you know when you're at ross and you realize it's time your sister stopped borrowing your sweaters? yeah! that's yes for less. stop stealing mine... never. holiday gifts everyone's sure to love at 20 to 60 percent off department store prices. at ross. yes for less. hbut mike bloomberg became thele clasguy whoho mdid good. at 20 to 60 percent off department store prices. after building a business that created thousands of jobs he took charge of a city still reeling from 9/11 a three-term mayor who helped bring it back from the ashes bringing jobs and thousands of affordable housing units with it. after witnessing the terrible toll of gun violence... he helped create a movement to protect families across america. and stood up to the coal lobby and this administration to protect this planet from climate change. and now, he's taking on... him. to rebuild a country and restore faith in the dream that defines us. where the wealthy will pay more in taxes and the middle class get their fair s

. >> no, i don't know what is going on with mark benioff who is a brilliant businessman.k is not a necessity, i rarely go on facebook. he's to regulate human nature, he is upset that people sometimes say bad things, that is people. if you don't like people, regulation will not fix it. >> a lot of nerve, he wants his compete or regulated. for what a voluntary action? a lot of people enjoy cigarettes, there is nothing wrong with that, they enjoy facebook. they know what they are getting into. they know they are being targeted and watched, but, so to say to people, don't use facebook but to call for government regulation, mark benioff sets a terrible example. >> you asked the threats to the economy, this one of them, have you groups on the left, and the right now going after google, afternoon apple after facebook. after major american companies that have been incredibly successful, made trillions of dollars for investors this break up facebook, break up google is very dangerous that will hurt shareholders, and workers and american economy. >> i see his comments as political

young patient at ucsf benioff children's hospital benefit from that generosity.ls child live services department works with volunteers to take it a cheerful place especially rient a year at the hospital being treated for bone cancer. will be back t so she can have another surgery and her mother says the hospital makes it easier for patients and their parents. >> everything this hospital does to make it easy for us is remarkable. they give kids back the childhood they are missing. >> the program provides music, decoration, gifts and sweets. the annual budget from holiday donations is 60 percent. organizers say it has inspired millions of people to make large and small donations. >>> here at ktvu we are supporting ucsf benioff children's hospital and their day of giving. throughout the day we will be highlighting some of the programs the hospital offers. you can find information about children's hospital day of giving at ktvu.com. >> great stuff. >>> let's check hour commute. sal, what is happening? >> we are starting with highway 24 . looking at it through lafayet

salesforce founder marc benioff says facebook is a new cigarette for our society.w in cnn. >> you can see facebook as the new cigarettes for our society it's something that badly needs to be regulated. it's something that's not good for us it's something that the company is out for our kids and they're certainly not exactly about truth in advertising, even they have said that that's why we're really in squarely a crisis in trust when the core vendor cannot say that trust is our most important value. >> he said facebook is not fundamentally doing good things to improve the state of the world and he called for it to be regulated or split up. that comes also after his comments that capitalism is dead we need a new capitalism we have to reshape capitalism. mr. benioff's net worth is $7 billion. >>> "the rise of skywalker" brought in $72 million in domestic ticket sales. that brought the total to $725 million. while sony's ""jumangi" finished second 2019 could finish as the second or third best year in cinematic history. they expect $11.4 billion in u.s. ticket sales. "

it's one of the core values of time, trust, impact. >> benioff says our world today needs more trust and more reliable sources. he believes that time magazine can be a solution to those problems. >>> and with the time now being 15 minutes after 6:00 showers still around the bay area and destined to be here through about midnight tonight, but then it looks like things are going to clear out and how for monday. we'll look completely different tomorrow, but for the moment still some rain coming down pretty good around santa rosa and 101 to petaluma and then on the 101 right over novato and down to san rafael, so widely scattered showers around the north bay. out in the east bay not so much. airports are reporting light rain with cloudy skies at livermore and hayward and in the south bay most of the action has moved over mount hamilton and out into the great valley. as we look toward it the bay bridge now, the numbers have tumbled to the upper 40s and low 50s, didn't squeeze a lot of rain out of this, about 0.2- inch to half inch, upper elevations getting a little more but a typical dece

reporter: tyra and mike as he was known to family and friends were headed home after leaving uscf benioffakland after visiting their 10-year-old son marcos, hospitalized and recovering from a severe asthma attack. >> i was in shock earlier, but you know, this is still kind of one of those things you can't believe that it had happened spilt >> reporter: officers have been following the suv that hit the chapelle's earlier when they try to make a traffic stop, a passenger jumped out. officer stayed with the passenger while the driver of the suv peeled out. 45 seconds later, the chapelles were hit. >> obviously he was running from the cops, he was living wrong, and hey. you can choose the sin, but you cannot choose the nsequence of the consequences today was i lost both my parents, my mom and dad are dead, they are not coming back, this is a. >> reporter: this family is facing the prospect of the families and raising their brother alone. >> i don't know how all these kids are going to get through this without, without our dad, without, you know, without tyra. >> reporter: it is hard to look t

2 people have been killed in eastern democratic republic of congo heavy gunfire can be had around benioff to hundreds of people marched towards one of 2 u.n. peacekeeping bases that well our producer alan you can he is in banning and he says the situation there has become increasingly tense got out of church and that they were in the building but what is more this sort of you know you have a resort but twice i didn't finish but there is go big or not which there you are going through but there is less of the court that meant that you were going to be able to reach court that made it really started because of that you went down to the airport and it will be a very very tense situation if they would not see it but did you know if the army seems to be targeted mach 2 out of which you can see this at least 3 people have been killed by an airstrike in libya's capital tripoli a jet targeted the neighborhood in the south of the city on sunday military sources say the attack was carried out by forces linked to warlord khalifa haftar someone's prime minister is shutting down the government and ord

gathered and stoned them to death and what has happened since that time is that the people themselves of benioff say they want to take charge of their own security so they've set up this checkpoints in pots just such ng people who are coming into the city particularly from areas where these killings are happening there's also a government offensive an offensive against a.d.f. by the un and the congo leave the military we have spoken to the spokesperson of the military who has said that they are making advances they've taken some bases all a.v.'s deep in the forest of also killed a rebel one of the rebel commanders a top rebel commander of spokesperson said that the group a group of fighters are very much on the run but people are frustrated because they're saying well with this ongoing offensive why then you know the group fight is able to come up to the village and still kill people and also can 3 me understand the world health organization has its director general in that area what are they trying to achieve. well that area is also where health workers are struggling to contain an airball outb

earlier sales force ceo marc benioff told business insider that he did struggle with the decision to keep the contract and ultimately to keep working with them. new details on one of two san francisco police officers who shot and seriously injured a burglary suspect in the mission two weeks ago. police currently released a new body cam surveillance video. according to "the examiner" the officer who fired the final shot has been on the job only since the summer and hadn't finished field training. the video shows him firing the last shot as the suspect was getting off the ground. that's when the other officer is heard saying stop. >>> orinda's city councilmembers tonight will decide whether to extend an emergency ordinance of short-term rentals. why this has become such an emotional issue and has to do with that big party and the five people killed there over halloween, sharon. >> reporter: a lot of people are concerned and tell me they're watching closely because they want to see justice served and want this to not happen again. you'll remember the halloween night shooting left five p

with the forecast of the decade to come is futurist amy webb plus the outspoken billionaire mark benioffion for tech as well and i asked him why he decided to buy "time magazine" and i'll speak with "usa today"

beware no doubt about it, benioff wants legislation. no doubt about it. is the way to say we are not like them. you listen to sacha baron cohen, he's saying they would allow a -- he has an extreme position. i don't know if they do that >> are you saying there is a coalition building within silicon valley that is anti-facebook? >> i'm saying it's here. it's here. and i think that -- mark zuckerberg has done a charm offensive. it is not charm. 360 truth is about who is doing -- selling your data, not sales force, and who is trying to at all costs make any dollar, including the idea that it would be -- favorite tool. you do not revoke hitler you never invoke that. holy cow that's where mark stands >> the opening bell at the nyse. the s&p, at the big board, brazilian oil and gas producer petrobas at the nasdaq, wisekey international, cybersecurity company celebrating its listing. >> i have to hand it to petrobas for the longest time, they were pabst blue ribbon. they fixed their balance sheet brazil doing better. civil rights situation, not that great, versus

coming up, "time magazine" owner mark benioff.the union," set your dvr. this is remarkable new film. linda ronstadt, the sound of my voice. happy holidays and i'll see you all here next week. >>> i'm always in competition with myself. what can i do better? i'm your curious cat, and you know what they say about curiosity. it'll ruin your house. so get allstate and be better protected from mayhem, like meow. up here at the dewar's distillery, all our whiskies are aged, blended and aged again. it's the reason our whisky is so extraordinarily smooth. dewar's. double aged for extra smoothness. we don't see who you're against, through or for,rs, whether tomorrow will be light or dark, all we see in you, is a spark we see your spark in each nod, each smile, we see sparks in every aisle. we see you find a hidden gem, and buying diapers at 3am. we see your kindness and humanity. the strength of each community. we've seen more sparks than we can say. about 20 million just yesterday. the more we look the more we find, the sparks that make am

. >> whether it is state ag, doj or what not, is there internal backlash in tech to facebook from benioff, yourself, and is it growing? >> yes, but slowly we have an election coming in 11 months, doesn't feel like it is moving rapidly enough to protect the integrity of the vote, with one possible exception, the thing going on at google right now. the employees are the key to everything if we want to move quickly because the employees of tech companies have trusted with good reason, they trusted the executives running their companies for a long time. right now, google in particular, but facebook also and amazon create reasons for employees to distrust them, from that i think we have an opportunity to create the kind of push back that would move things quickly. remember what happened with uber, when susan fowler wrote that extraordinary post about sexual harassment. what, within six months, the entire management team had been changed out. i think a susan fowler moment is possible at google and facebook, and that's what i would hope for. >> all right you mentioned google we're going to dig i

company just wrapped up its big dream force event here in san francisco a few weeks ago, where marc benioff double in the next few years. tableau and meal soft expected to be drivers. sales force is underperforming the tech sector as a whole this year this quarter, the street is expecting revenue of $4.54 billion on eps of 66 cents >> very similar question mike, how were you kind of rating sales force alongside the other big software companies that had done so well this year? >> complete sat it out you could be generous and say it's consolidating this monster gain ahead of many years before that, but it's not really in the sweet spot they love microsoft's platform, they like a lot of cloud-centric enterprise software. sales force, thosugh has been treading water and trying to grow into a towering valuation >> mike has more on the market internals today, as well mike >> yeah, you would think it's more of a washout than the numbers bear out, morgan if you look at the volume, up and down volume of the new york stock exchange, it's certainly skewed to the downside, but really not dramatically s

your take on story close to what i cover in san francisco sales force.com founder and co-ceo mark benioffing a critical take on facebook he puts much of the world's crisis on trust on the tech giant facebook he called facebook the new cigarettes for our society it needs to be regulate ord split up he expected a fundamental reconceptualization of what facebook's role is in the world. now, kenny, all year we have been talking about tech regulation it's coming. it's going to affect the way they operate their businesses, potentially their profits. but we have just seen them climb higher and higher. how do you think regulations are going to play out next year? are we going to see them are lawmakers going to get their act together do you think it will affect some of the stock performances of big tech companies, facebook in particular >> there's a lot of questions there. yes, first of all i'm absolutely in mark's camp he's absolutely right. that the tech has now gotten so out of control places like facebook for sure. look, let's -- let me just say this, i'm not a facebook user, i never was. i fo

> reporter: the company is a popular bet for investorsers, backed by microsoft, facebook and marc benioffack hat. black hats are bad guys. is it just the financial institutions that are the focus of these white hat white knights. >> it's not. you have tech companies, uber, sh shopify. instead of relying on their internal i.t. department they're outsourcing, finding freelance hackers and paying them based on the level of vulnerability they find a critical vulnerability you might get $20,000 or a couple hundred dollars. >> you see some graphics we just mentioned, verizon hacker one customer, uber, capital one, the department of defense. is this going to be a trend we see increasing and can we see even more public companies in that realm or space? >> i think you will see more of the freelance side of it, it's more affordable in some senses most of these companies have vulnerabilities. they might not have the budget that j.p. morguer has to you could theoretically rely on these bug bounty programs. you think of an uber driver who might sign on to go and drive for a couple hours, the hackers t

ellis ellison, not that he ever left, but to go up against -- i know marc benioff loves ellison lovesim. reveres him. he's so competitive. i think ellison is laying out a great strategy here of them returning to dominance in certain areas. which he may say he never lost that dominance. >> we still got adobe to get to, still got broadcom which i -- hold off i want to recap what has happened here in the last 15 minutes. we'll take a quick break we started the hour, of course, talking about possibility of a china trade deal jim's reporting had indicated that these reports of a rollback in existing tariffs as being part of that said deal was incorre incorrect. and moments ago, the president backing up jim's reporting, saying the wall street journal story and the china deal is completely wrong, especially the statement on tariffs the question, of course, then becomes what are we going to hear from the chinese 16 minutes from now, because if in fact we are unwilling to roll back tariffs as appears to be the case and we understand that perhaps that has been a key part of what the chinese are

, if you see everybody playing by the same rules >> he joins good company tim cook at apple, marc beniofft salesforce.com. i think this is a good group to be in. they're going to lead. thought leadership is important from some of these, you know, massive billionaires in the world. so, you know, i think you're right, when you lay down the gauntlet and you're a bank and touch a lot of businesses in a lot of different ways, might be a software company or an iphone company does, you'll have to actually walk the walk that you just talked. >> absolutely. either way, trading higher today. we'll have more later in the show when we speak with one of the "wall street journal" reporters out with the a new story on esg funds that have drawn scrutiny from the s.e.c. lots more still to come here on "closing bell. don't go anywhere. we'll have former treasury secretary jack lew here at post 9 live we're back in a couple of minutes. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in

if that's down nine, i don't think it matters if marc benioff says, you know what, i think mark zuckerbergill change his view and no longer a cancer. it is not -- kupa was horrible in terms of stock and great in terms of the conference call i think that makes it so the bar has changed. people should watch kupa, important company. >> very nice going to an interesting afternoon. and morning. when we come back, amazon and the cloud, jon fortt has an exclusive with andy jassy. we'll show you that. cramer's mad dash, countdown to the opening bell futures clos ckn monttsn the trade commen ba ia me (brakes screeching) okay. so, today you're going to leave your phone with a guy named flip. (ding) but it's more than your phone, it's your business, your customer data, your sales figures. and who can forget, those happy hour selfies? not flip. (honking, gasping) this isn't working. introducing samsung business security solutions, with knox software. with the galaxy note10, you can remotely wipe data or lock phones, so your business is secure even when your phone isn't. samsung business solutions. eve