and we have reached out to salesforce for a follow up or clarifying statement from benioff. so far we've not heard back. dreamforce is set to get underway september 12th in san francisco. christien kafton ktvu fox two news and san francisco leaders are launching a new program that aims to help the public understand what to do if they see someone experiencing a behavioral health crisis out there on the street, including overdoses. officials say they want people to know about resources in the city and how specialized response teams can work together to help. the program launches on tuesday, and officials say there will be a series of community meetings to educate the public as that campaign moves forward. is that san francisco is a national leader in reimagining the way we look at the crisis on our streets. and we have invested considerable amount of resources in developing alternatives to law enforcement. officials say if you do see someone having a crisis, you can always call 911. if it's an emergency or 311 to get the correct response team to the location. the attempt to re

and we have reached out to salesforce for a follow up or clarify a statement from benioff. so far we've not heard back dreamforce is set to get underway september 12th in san francisco. christian captain ktvu fox two news, oakland chabot elementary school reopened this morning with an increased police presence after a bomb threat and racist emails targeted the school. the threat was received yesterday morning and forced the evacuation of students, teachers and staff from the school in the rockridge neighborhood. investigators say a threatening email was sent to the school after information on a playdate for children and families of color was posted in an online forum. the oakland police department provided extra support and will remain there for the rest of the week. the district condemned racist and threatening emails and calls to community members. it's a wonderful school community and, you know, people are united in being pretty upset about what happened yesterday. you know, this shouldn't be happening anywhere. it shouldn't be happening to a school, should certainly sho

, when benioff talks, even listens because this is just another piece of the puzzle.d from paulo, but salesforce is a huge barometer, and i believe in terms of cloud spend similar to what we saw with microsoft, what i believe we saw with google, oracle as well, we're seeing an uptick in terms of over the last two, three months, and i think we're going to hear more of that from salesforce and i view this as bullish for overall tech. >> i misread the chart, it's only down about 2% over the last three months excuse me. the other thing is they recently raised prices by about 9% almost across the board when tdoes that start to show up >> it's too soon now when we look out the next two, three quarters, i think right now street is underestimating growth from a cash flow perspective as well as are from a growth also, this is all the drum roll to ai. i believe from an ai in terms of that sweet rollout, i think that's going to be a big focus on the call. we think that could be potentially 4 billion annually by 2025, and i think this is actually an under the radar ai play in ter

and i think you heard what marc benioff said, who is incredibly realistic. what he's done with his board. he tells it like it is. i found him, whether it's personally, professionally or even in politics, he's kind of that person. he said it pretty well. he said it is the thing. and i think we're seeing whispers of that or glimpses of that in big cap tech. if you talked about the bubble and internet stocks, that was everything. that has not happened in a.i. yet. the bubble if anything is in the hype, not the opportunity. >> he did say on the cusp of revolution. every ceo he talks to realizes what an important role this is going to play in their own business. and i was surprised at the constructive comments about the city itself, right? >> i've lived there for 32 years. it's america's favorite punching bag. we deserve some of that right now. we have a lot of work to do politically, socially, the health crisis going on in this country is an epidemic. you look at the job formation and capital formation in a.i., a lot is happening in san francisco and the bay are

we have reached out to salesforce for a follow up or clarifying statement from benioff. so far we've not heard back dreamforce is set to get underway september 12th. we're live in san francisco christien kafton ktvu fox two news. let's hope it's a great one. all right, christian, thank you. how would you address a number of murder victims families who say your office simply didn't adequately charge the defendants? coming up tonight at 530, we go one on one with embattled alameda county district attorney pamela price. the beehive descending upon levi's stadium tonight. we are live where thousands of decked out music fans are showing up for beyonce. but first, crimes on camera. an east bay apartment complex feeling helpless tonight after repeat getting targeted by thieves a people always ask me, "kevin, what does being the ceo of cashbacking mean to you?" the way that i see it, if you're buying it, flying it, or wining n' dining it, then you gotta be cashbacking it. [chuckles] come on now. earn big with chase freedom unlimited. how do you cashback? campus and official told

so, are investors going to trust benioff to start an a.i.ue going above 11% again? just a year after he got religion about cost controls i got my doubts. either way, a slowdown could be coming north america was the weakest market for growth last quarter and it was manufacturing automotive leading salesforce's industry momentum. that's the same automotive industry that could be facing a massive strike soon. so, we'll see if they keep on it. >> for sure. i guess it is debatable whether this is a really good environment for a big company like salesforce to be on the m&a trail. you have a lot of companies, two years ago, that were big, exciting, new entrants into the market now their valuations may be moderated. >> things that are a.i. startup specifically are still pretty darn expensive we're getting the headlines about open a.i.'s billion dollar years. they're bringing in some -- i don't know maybe benioff will be able to talk them down there is also a lot of data industry pipeline stuff, muleso mulesoft-ish he may want to buy. >> i guess the

benioff, guys, seems emboldened despite overspending. a journal report said matthew mcconaughey was getting paid more than $10 million to be salesforce's creative designer. instead of backing off, salesforce has doubled down. benioff's x is a promo, the one you're watching, features maft you mcconaughey asking if it's the wild west who is next in town. investors are seeing that as him. i could give him more room to run and spend or it could once again bring back some of that pressure on spending. we'll have to see. >> all right, all right, all right. we'll see if he can be the big sheriff in town. what are the ex supectationexpe? it seems you got a mention on your call, the more times you mention it, the more maybe you have a chance for your stock to go up. what's the forecast for how big of an opportunity this could be for salesforce? >> i had thought we moved into a different phase of this. the second half of the year has been more investors asking show me. i don't want to hear about cha chatbots, i want to see it come through in reven

but ceo marc benioff of salesforce says homelessness and the drug crisis could force him to move his convention. benioff previously said attendees emailed him to complain about the homeless problem and filthy streets. just yesterday we talked about the lack of conventions booked for 2024 and beyond. our investigative unit found out that moscone center is only booked to host 21 events next year compared to 35 events this calendar year. >>> well, up next here at 7:00, a special social solution to a growing problem. what the mayor of san jose says he is looking at to help his city crack down on those illegal sideshows. >>> also, here we go again. a pickleball battle? one of san francisco's most exclusive neighborhoods. why some say the homeowner at the heart of this fight doesn't really have a leg to stand on. you're watching nbc bay area news tonight. wendy's new breakfast 2 for $3 is so good, the crew is giving every combination codenames. i got that sauc-bis and some tay-tays. egg man and saucy boy. two hot coffees. no matter what you call it, wendy's breakfast is that breakfast. cho

well, salesforce ceo marc benioff says the future of the dreamforce conference in san francisco is up in the air. yeah, marc benioff told the san francisco chronicle, if this dreamforce is impacted by the current situation with homelessness and drug use, it may be the last dream for us. now the conference starts september 12th. it's expected to draw 40,000 visitors. city officials, the police and salesforce officials have been talking about security for a while now. a woman who's attending a conference at moscone center right now says san francisco doesn't deserve the reputation it's gained the past couple of years. years. i've heard that it's dangerous. honestly not to drive a car here . um, that there's, like a bunch of homeless people everywhere. but i haven't really experienced that very much. we love the weather. the weather is so nice. it's really nice. like being here and being around everyone. and i don't feel unsafe here. now, we did contact salesforce, asked if they wanted to comment on what city officials are saying, but we haven't heard a response as yet. time is 439. doze

that is what mark benioff told san francisco chronicle. complaints from attendees about the city's homeless issues and dirty streets in the past. san francisco's august convention returns on september -- september 12 and goes to september 14. reggie: can nonprofit is trying to lift up the midmarket neighborhood through arch and entertainment. market street arts would allow artists and entrepreneurs to fill vacant storefronts. the midmarket business association and foundation also plans on hosting street festivals, live music, and commission public art. hopes to raise 15 million dollars over two years in public and private funding. market street arts launches this fall. kumasi: for back tourists. one organization in hawaii is saying about the mixed messages from visitors. reggie: sleeping while standing. the new cafe hoping to take naps to the next level. first the check with drew. drew: i don't know about this. it's getting better. kumasi: something about that was a soothing. drew: all right. take a look at our winds today. this is somethi

san francisco city attorney david hsu's wing and after sales for mark benioff told the chronicle thisould be the last in san francisco. that sifter convention is impacted by homelessness and the drug crisis. the city is currently trying to get a court to end an injunction preventing them from clearing encampments until there's housing for every single person on the street. he is a part of that push. >> i think mr. benioff's comments, unfortunately, highlight how important it is for us to resolve this injunction that allows us -- in a way that allows us to provide shelter and services but also maintain healthy and clean streets. we have to do this. everyone is suffering. kumasi: dream forces right around the corner and start september 12 through the 14th. and little bit of help is on the way in san francisco this afternoon. an affordable housing site will officially open at 363 no e street and noe valley. the mayor along with other city officials will be there. reggie: we know the housing crisis is not specific to san francisco. seven years ago in santa clara county, there were only ar

what ceo marc benioff is saying is the reasons for this year's gathering and why could be the last one in the city. >> from the area's local news station. this is kron. 4 news at 3. >> thank you for joining us here on kron. 4 news at 3. i'm justine waldman. our top story on this hot wednesday, a red flag warning that's in effect right now. and that means the fire danger is high. here's a look at the area that's under that red flag warning. it's windy and hot in the interior north bay mountains and sonoma county has issued a health advisory because of the poor air quality. there. kron 4 meteorologist kyla grogan in the weather center now with details here. people are concerned about the smoky skies and we're concerned about the fire danger all the way up until tonight. well, right in the 2 are actually connected right now we are under red flag warning in the north bay because of the possibility having the conditions that mean that if a fire were to break out spread quickly. >> and you can see where we are under that in spots in sonoma county and also napa county and napa is really the o

salesforce ceo marc benioff announced the grant online, and benioff says he is excited to help accelerate the organization's vision to support san francisco's homeless population. san francisco city attorney is pushing a federal court to define a key term in a lawsuit over how to enforce the law on homeless camps. san francisco is currently under a temporary court order barring the city from clearing those camps. a judge ruled that the city cannot clear camps if it doesn't have a housing option for the unhoused. in a notice with the court, city attorney david chiu said the plaintiffs agreed that the court order does not apply to unhoused individuals who refuse shelter. but he said the plaintiffs would not commit to that stance in writing. the city attorney said, quote, it does not make sense that a person who rejects a shelter offer or has a shelter bed but chooses to maintain a tent on the street should be considered involuntarily homeless. plaintiffs conceded that much last week, but have now walked those statements in other statements back. it's very difficult to resolve a dispute when

next month's dreamforce conference is as you could imagine, a top priority for sales for ceo marc benioff and city leaders in san francisco as our kron four's haaziq madyun reports tonight. not doing so this year could mean the end of the city hosting the three-day big event. >> this year, the annual dreamforce conference at the most cody center in san francisco lands right in the midst of turmoil surrounding the city's ongoing problems with public safety. the open air drug market and homelessness. some high-profile retailers like nordstrom have closed down some mom and pop business owners have also called it quits. now the spotlight turns to cells for us and the dreamforce event. specifically it being a success for the travel and tourism sector in 2023 because economic experts say it will indicate that san francisco still has what it takes to host a major conference. and key people say the president and ceo of francisco travel association, jeff dla, sondra largest annual conference of the year. it >> brings 40,000 delegates in the san francisco who spend tens of millions of dollars in ou

dreamforce conference is a top priority for city leaders in san francisco and sells for ceo marc benioff told the chronicle not doing so this year could spell the end of the city hosting three-day event. kron four's haaziq mod-yoon has the story. >> this year the annual dreamforce conference at the muskogee center in san francisco lands right in the midst of turmoil surrounding the city's ongoing problems with public safety, the open air drug market and homelessness, some high-profile retailers like nordstrom have closed down some mom and pop business owners have also called it quits. now the spotlight turns to cells for us and the dreamforce event. specifically it being a success for the travel and tourism sector in 2023 because economic experts say it will indicate that san francisco still has what it takes to host a major conference. and key people say the president and ceo of francisco travel association, jeff dla, sondra largest annual conference of the year. it. >> bring 40,000 delegates in the san francisco who spend tens of millions of dollars in our economy. and it's important n

benioff says while they have not been directly impacted by homelessness or drug issues at dream force, attendees have emailed with concerns in the past. >>> other news around the bay area, in berkeley the university of berkeley is one step closer to building student and supportive housing on people's park. it's been pushing to do so for a long time, but has always been met with opposition from advocacy groups who want to preserve the national landmark, which is a gathering spot for the unhoused. a bill passed the state assembly this week that lowers the legal threshold to get a housing project built there. it all comes down to how the supreme court rules in a legal battle between community groups and the university. >>> san francisco continuing a legal battle with the coalition on the homeless in the courts over homeless encampment sweeps. a court order last year forbade sweeps under the condition the city has a shortage of shelter beds. governor newsom took to social media today saying california has made record investments on homelessness and federal courts block efforts to clear en

at the same time, benioff told the chronicle that he is donating $1 million to help homeless people struggling with addiction in san francisco also tonight, governor newsom is weighing in on the debate in san francisco in a way that you might not expect. that debate i playing out in court in case that will decide whether the city can legally clear out encampments. today newsom tweeted out on homelessness, elon musk has touched on a key issue and california has made a record investment . he added that courts must be held accountable and enough is enough. on friday mosque called for a boycott of the nonprofit that sued the city over encampments sweeps. this has been a sticking point for business owners for a long time tonight one of san francisco's most famous vegan restaurants i calling it quits after 14 year in the mission. it closed this weekend and restaurant management tells that eu, if yo want to know why, just look around the block. >> reporter: after 16 years in business, popular vegan restaurant grassy us madre has closed. before the pandemic, gracias moderate was popular. according to

what marc benioff says is behind the reasons this year's gathering could be its last. but first as hurricane idalia is downgraded to a tropical storm. cleanup efforts are now underway with a live report from florida after the break. >> now to the latest developments after hurricane idalia slammed florida with record-breaking storm surge and dangerous flooding. look at dalia has now weakened to a tropical storm. it is sitting georgia, south carolina, all flights out of savannah, georgia, were canceled today in florida. local law enforcement reporting 2 deaths from car accidents during the storm calling them weather related. our kron 4 is a reporter. blake eastern is live in tarpon springs for us. a city in central florida's gulf coast area seeing all kinds of flooding there how are folks said they're dealing with it tonight? >> hey, good evening. see about you said it best. you know what a difference. 24 hours i can tell you right this is tarpon springs, 115 miles southwest of where hurricane made landfall. but as you look around, a small coastal town, you can quickly s

here's ceo marc benioff on the conference call last night >> we are at the dawn of an a.i. revolution, and as i've said, it's a new innovation cycle that is sparking amounts of tech buying cycle over the coming years. it's also a new tech investment cycle. we are very thirsty to make sure that salesforce is the number one a.i. crm, and we have done a lot organically to do that in the last six months. of course, there's things out there that we could do to help us with inorganic as well. we're looking at those things. >> well, it was all about a.i., carl, what actually impressed the street was the margin story, which continues to be the huge improvement story since all the activists were in the stock. dan ives of wedbush calls it djokovic-like performance. even with some of the macroweakness. that was some of the skepticism going into this report they're vulnerable when i.t. pulls back, but 11% growth was better than the 10% expected >> that margin guidance was the holy grail getting back to 30. i think the note out of ray jay today was too legit to quit. goldman reiterates

and salesforce ceo marc benioff has threatened that next month's dreamforce convention could be the last one in san francisco. you can find these stories and much more all on ktvu.com history made in nebraska. coming up, how many people showed up to a women's sporting event breaking the world record. coming up tomorrow on mornings on two. it's international overdose awareness day tomorrow and we're highlighting the importance awareness can have on saving lives. join us in our coverage of multiple educational events where you can get involved and the people who care. children's association in pittsburgh has created a space that helps teens who are at risk . we're taking a look at everything this program has to offer, as well as how it got started. tomorrow morning on the nine as we sit down with the founder, veronica pope. plus steve paulson has your full forecast all morning long. and i'm tracking your morning commute. it's all coming up on mornings on in manhattan and raised the possibility of a five month delay. this came after defense lawyers said officials at brooklyn's metropolitan

dreamforce conference is a top priority for city leaders in san francisco and sells for ceo marc benioff told the chronicle not doing so this year could spell the end of the city hosting three-day event. kron four's haaziq mod-yoon has the story. >> this year the annual dreamforce conference at the muskogee center in san francisco lands right in the midst of turmoil surrounding the city's ongoing problems with public

i want to ask about marc benioff.estors made it clear what they wanted and he did it, he focused on profit. anurag: there is a lot more to go when it comes to profit. it is going to be a lot more there where we are right now. they spent still a lot of money on sales and marketing compared to their rivals. we expect margins to go even higher that over the next few years. ed: they raised their guidance for the fiscal year by 2%. anurag, good to catch up. here on "bloomberg technology," we continue our conversation on x as the company shifts its data policy. adam kovacevich is joining us next. the earnings story continues, broadcom out with earnings tonight after the bell. it will be a test to see if the ai craze can power the -- they have a business highly relevant to the commitments, hyper scalars, and other sass enterprise names for the computer side of ai. those numbers after the bell. i will be joining our colleagues on "bloomberg markets" to break them as they cross. so much more to come from san francisco, this is

mark benioff was the pea near.t was something that wu not even thought of as possible for software. that being said when you get into a tougher time, more of the discretionary markets. to date we haven't seen particulars go back there. that's where the street is mentioning the p. ochlt number. we believe it has conservative number built into that. top line growth is there and salesforce is a measure. >> rob, always great to have you here and get your insight. dreamforce coming up. it will be an interesting year. >>> coming up on "worldwide exchange," why my next guest says the move in the 10-year is set up to help retest cerent high and what he's suggesting you buy on its way up. we're back after this. ♪"please don't go" by harry casey, richard raymond finch♪ (sfx: ping) (♪♪) ♪ please don't go ♪ ♪ please don't go.. ♪ ♪ please don't go ♪ ♪ please don't go ♪ ♪ don't goooooo! ♪ (♪♪) ♪ don't go away ♪ (♪♪) ♪ please don't go ♪ >>> all right. welcome back to "worldwide exchange." it's time for your morning call street. w

you know, dreamforce marc benioff saying that this is a possibility he knows what kind of gravity that statement has and he's put the city on notice. when you think we'll know. well, there is upcoming conference. the apec meeting for ceos, which another huge conference that is coming up later this year and certainly, those folks are going to be watching what happens a dream for us. i mean, they're locked in. when are we going to know about dreamforce? i think benny off says we have to see how this year goes and if it if it goes maybe better than expected, if our people, our attendees, you know, don't have complaints about, you know, homelessness, violence, even just people yelling at them. it can be scary for folks. obviously, then, you know, he's probably going to you figure make a decision right after because it takes a lot of planning to send one of these up. they are going to move, they have to figure out where that's going to be. is going to be a big blow to the city of that happens and embarrassment, not only financial but just the pr blow as well. local company. all thanks, rand

benioff says he has received complaints from attendees about the city's homeless problem. the convention returns on september 12 and will go until the 14th. kumasi: a nonprofit in san francisco is trying to lift up the midmarket neighborhood. the plan would allow artist and entrepreneurs to fill vacant storefronts. the midmarket business association also plans on hosting street festivals, live music, and commission public art. it hopes to raise $50 million over two years of public and private funding. market street arts launches this fall. reggie: tonight beyonce is taking over levi's stadium. it is her only stop in the bay area on her renaissance tour and thousands are getting ready for this big night. gloria "renaissance" is live and now i see what you're talking about. i had a feeling it was going to be a hat. gloria: i had to put on this silver hat. i keep adding more and more silver throughout the morning. you have to for beyonce. if you're planning on coming out , maybe once in beyonce merchandise. i did see the merchandise truck. it is in the parking lot. if you're

benioff, back against the wall, go back a few quarters ago, bears thought this was a stock the best days rearview mirror. i think margins are starting to uptick and i think when you look at a.i., i think many investors are discounting the potential opportunity here for benioff and salesforce. >> what about the end user? i mean, the end user cases here today? chatgpt introduce a new product for the enterprise? co-pilot from microsoft. what are you hearing from companies looking to employ a.i. in terms of when it will actually start to impact their bottom lines? >> yeah. i think david's is the big one. the nvidia type numbers, when do we start to see this and the rest of tech. . in our opinion basically everything we see as we go into 2024, that's where there's going to be a massive inneck sln of demand you will see it in numbers. what we see from use case, i think use cases are exploding. right now we're probably tracking 80 to 100 potential a.i. deployments. if i go back even call it three or four months ago, 2025, we're seeing that go up 4 or 5 x. in my opinion despite the fed and the b

>> we should take benioff's virtual silence as a positive perhaps?ing it's a long time since you start playing that stock. he hasn't said anything lately. he ain't saying anything, nothing great coming. i think that's wrong. i think the ai he's using right now matters. baidu statement is all ai. i look at what baidu is doing and say, well, do i really care about, david, this funny name -- property country -- >> country garden. >> guns and gardens. >> you don't have tomatoes anymore -- >> my tomato patch is morth more than country gardens. >> how much are you paying -- >> i pay for the ball jars and that's about it. >> still haven't gotten my sauce. i'd like some sauce. >> i'm bring you some sauce. did you come and get my beef steaks yesterday? >> no. >> i brought nine beef steaks in. they're so perfect. >> i want to get some tomatoes. >> cream cheese. >> you, too, carl. >> oh, great. thanks. jim, emerson gets the call today out of gpm. >> my travel trust owns it. it's one of these upgrades that says these guys aren't as bad as they used to be. i don'

very telling that benioff is thinking about pulling the plug on that. that's incredible.robably because some of the people who attend the conference are complaining to him, they don't want to come. if they don't get the participation they need, what are they doing the conference for, right? cheryl: exactly. move it to silicon valley, somewhere elsewhere it's safe. maria: don't go to san francisco. thank you, cheryl. it's young conservatives week on "mornings with maria." former nba star . e . enes kantr freedom joined me yesterday, we talked about the response about whether transgender athletes in female sports is a women's rights issue. watch this. you lived it. is it complicated? >> it is not complicated at all a. men do not belong in women's spaces, restrooms, locker rooms, and sports. i remember when we had this conversation in our locker room, everyone agreed with me. guys, why don't you go out there and say something and they're like well, you know, we don't want to get canceled. maria: joining me is the former university of kentucky swimmer, director of the riley g

in san francisco, salesforce ceo marc benioff told the chronicle the future of his company's conference is in jeopardy. he says that's because of growing concerns about the homeless crisis and drug abuse problems on the streets of san francisco . now dreamforce is san francisco's biggest convention about. 40,000 people are expected to be at this year's event at the moscone center in mid september. it brings millions of dollars in revenue to businesses in the san francisco area. time now is 710. there's a problem on mateo bridge eastbound and heading over to hayward non commute direction nevertheless two lanes are blocked eastbound coming from foster city over to hayward cal trans truck is involved. someone did hit a caltrans truck and two lanes are blocked back there now i do see chp coming up and it was doing a traffic break a little earlier to keep cars slow. westbound is slow as well . bay bridge toll plaza backed up to the maze metering lights are on san jose. you can still get the jump on that commute but there's a little bit of slowing on 101 and 280, but it still looks decent at

swore ceo marc benioff tells the chronicle if conditions don't turn around, don't count on the three-day conference coming back in 2024, which could be a devastating economic blow to san francisco. largest annual conference of the year. it bring 40,000 delegates in the san francisco who spend tens of millions of dollars in our economy. and it's important not only reports, but for all of our conferences when they come into san francisco that they have a good time that delegates feel safe. dreamforce would be the latest loss for the city after businesses such as nordstrom and others shut down several stores closing doors, blame open air drug markets, homelessness, shoplifting, among the reasons for pulling out. >> all right. to know to take a look at this car after car. if you look closely there, smashed windows, this is as you know, not at all. an uncommon sight in san francisco, a viewer sent us video of this particular scene from sacramento street know the fairmont hotel. police say that 6 cars were burglarized just in that spot last night, an apartment building window was also shattere

ceo marc benioff invoking the company's, quote, a.i. transformation. and, by the way, during the earnings call a.i. was mentioned 103 times. yes, i counted. if that included q&a with the analysts, but still. in fact, if it wasn't for is salesforce, the dow would actually be much deeper in the red. crm at the top of the blue chips right now. wells, jeffreys and truist all hiking their price targets to $275 a share. bofa is at $280. right now salesforce is at $2221 is-- 2221.99. overall, the market action mixed considering investors were waiting for the latest or orrd -- to light a fire. but that key piece of information, july pce -- this is the favored federal reserve inflation report and core pce in particular -- a big, giant zero of a surprise. all the numbers came in line with estimates. but one thing that you need to note. year-over-year core pce, which excludes often volatile food and energy, came in at 4.2. yes, that is the same as the estimate. but it was a tenth of a percent higher than the previous month. so kind of going in the wrong direction

all this because sales for ceo marc benioff told the chronicle that if the city doesn't do that this year, this could be the end of the city hosting that three-day event cropper says magoon with the story. >> this year the annual dreamforce conference at the most cody center in san francisco lands right in the midst of turmoil surrounding the city's ongoing problems with public safety. the open air drug market and homelessness. some high-profile retailers like nordstrom have closed down some mom and pop business owners have also called it quits. now the spotlight turns to cells for us and the dreamforce event. specifically it being a success for the travel and tourism sector in 2023 because economic experts say it will indicate that san francisco still has what it takes to host a major conference. and key people say the president and ceo of san francisco travel association, jeff dla, sondra largest annual conference of the year. it >> brings 40,000 delegates in the san francisco who spend tens of millions of dollars in our economy. and it's important not only reports, but for all of

that's what salesforce ceo marc benioff told the chronicle.r's convention is a go and brings in about 40,000 people next month to the moscone center. this time it's the biggest artificial intelligence event in the world. and it's really income that the city needs to drive our economy. now some good news for millions of seniors out there that may finally get a break on the cost of their prescription medication. here it is. federal officials announced that medicare is going to start negotiating directly with the drug companies. cutting out the middleman with the hopes of driving the prices down. in fact, yesterday we brought you that breaking news right here o the morning show. this news tha the government will start with about ten commonly used high priced prescriptions that includes drugs to prevent blood clots and one to treat diabetes so many drugs that are commonly used but really tax people's wallets and this may be a change. now while seniors rely on these prescription drugs, there are also some natural way that may help the slow of chron

the ceo, marc benioff, told the san francisco chronicle if this dreamforce is impacted by the current situation with homelessness and drug use, it may be the last dreamforce source. the conference starts on september 12th and is expected to draw some 40,000 attendees. city officials, the police and salesforce officials have been focused on security in the run up to the convention. one visitor attending the conference , attending a conference now at moscone center, described an overall positive experience. contrary to what people had warned her about. i've heard that it's dangerous, honestly, and not to drive a car here that there's like a bunch of homeless people everywhere. but i haven't really experienced that very much. we love the weather. the weather is so nice. it's really nice. like being here and being around everyone. and i don't feel unsafe here. we did reach out to salesforce for comment. so far, no response. well dozens of united flight attendants will be picketing in san francisco at the airport today. the attendants are demanding united airlines fix ongoing operation iss

opposite of queen bee salesforce ceo marc benioff. a publicly trash to the city. again for a guy who's been a big supporter. he said, you know, we don't get as homelessness and drugs issues fixed some point during force. we're taking it out of san francisco. i'll give 1 million dollars help solve the problem. it's not going to solve the problem. so there's bad news out there, too. far as where we left of know, got a text message asking, do like click here pay your amazon all the time. y 330 million dollars scams last year and saw the rise aggressively weight from people who did click in and put. is that like a way? i just know. i don't know. use. i don't click. >> going to get my money. if i click sometimes looks pretty convincing. you have an apple bill. you have an amazon and i have an apple bill and i'm an amazon dell. but >> yeah, i click on the sign nothing and sadly i get he's in the trash heap are probably trying to contact i just don't want people to contact me i called less. so to speak. alright, usually i say rabia star right in the headlines. so you kno

the ceo, marc benioff, tells the chronicle the future of his company's conference is now in jeopardyo growing concerns about homelessness and drug use on san francisco streets. dreamforce is san francisco's biggest convention of the year. some 40,000 people expected to attend this year's event at moscone center in mid september. salesforce said it expected last year's convention to bring $40 million in revenue to the area. uc berkeley is a step closer to its long, hard fought plan battle to develop student housing at people's park. the state assembly passed ab 1307 unanimously. the legislation is designed to remove some of the red tape. the school is facing in its construction process. the bill is now on governor newsom's desk. the bill would change environmental law so developers don't have to study noise pollution that may be generated by future students. berkeley's mayor said he is encouraged by the vote while acknowledging the hurdles that still stand in the way. i'm glad that the governor has taken a very strong position in favor of the people's park project and hopeful that he'

something very similar happened with marc benioff, the bankable ceo of salesforce, during depths of thereat recession. another important charitable trust name from pretty much the get-go. he explained his cloud software company would be fine. he said it's going to be the future of the industry. he said there had been no real slow down in his business even though it was slowing everywhere he is. he was right. and if you listened to him you made a killing. more importantly, if management tells you something is wrong, you've got to take a person's extra seriously. particularly when a company announced a shortfall. you need to wait at least 30 days before you even think of buying a stock, especially if they give you a preannouncement. a lot of people are tempted by these negative preannouncement names as they're getting pummeled on bad news. they figure bad news must be out already. wrong. in practice i found that other than rare exceptions the opposite is the case, when business is so ugly a business is forced to come out early and cut numbers that typically means there's even more bad new

i met the ceo at one of the 72,000 events that marc benioff throws it was a remarkable revelation aboutshe is about a site that really did turn into the one that was the winner. when i started in the street -- we had a joint newsroom with "the new york times. they took every bit of knowledge we had -- not that we were brilliant, but they havetaken this thing and made it to be the gold standard of sites we get. it's also beautiful. the late rich mizely who was a brilliant man, did so much great stuff -- >> on the engineering part that is interesting. some consumer names. kelsey cut home depot and lowe's >> underarmor, inventories were up 38, stock hasn't moved on much of the results. they cut their full-year -- i'm sorry. the inventory number, they do beat despite the estimate for a loss. >> at one time i thought they could rival nike no maybe they're rivaling -- not even crocs they're ahead of crocs roger federer -- >> a lot of different models. >> hoku is better. >> mine squeak i sound like squidward when i'm walking down the block. >> what skreek >> my ahn's. >> -- >> we'll get anti-p

marc benioff has -- the ceo -- he's been quiet, and a lot of people feel when he's been quiet, nothing'sing on. they felt that way about bill mcdermott too, and service now did very well. i'm steadfast. salesforce has probably been the longest holding other than apple for my travel trust, and it's another one where the roi, when you bring them in, is rather amazing. so, yes, i see the breakdown i see the breakdown at nvidia. intervie nvidia's got -- you know, these stocks are rolling over. i think they're rolling over because they're either quiet -- nvidia's in a quiet period or because, again, even since we started the show, it's become even -- your mortgage just went -- by the way, good numbers. real good numbers. >> a little energy here, jim conoco and occi. occi boosting their production guide for the full year, although the saudis say this voluntary cut may be extended for another month. >> occi was down the metric we're looking for this quarter is more with less were you able to drill were you able to have fewer rigs and get more oil that's the metric, and that's why pioneer, pxd,