who has done more for me than larry ellison. grateful to him. caroline: that was marc benioff speaking with brad stone earlier this year. brad joins me now to dig into that interview and salesforce more. that is the epitome of frenimies. brad: that was a fun interview to do because there was a huge crowd and he was hamming it up a little bit. his point is a very funny one. they take potshots at each other and then clearly a are playing tennis on the weekend. caroline: having a beer or two. i come over from germany where sap rules the roost, but they're desperately trying to get on board with a cloud offerings and have done very well. microsoft is in a very well. oracle has been slower. is the fight to own the cloud space, the competition is hard. brad: one of the challenges for salesforce is the legacy software providers have woken up to the crm. they are competing pretty hard. salesforce is on an $8 billion sales run rate, and that will slow down by definition. they are looking for areas of expansion and they have expanded the

josh lipton has more. >> reporter: larry ellison was on the call.any's cloud business, as well as how it stacks up to the competition. take a listen. >> in the cloud, we measure oracle against salesforce.com and amazon web services. our cloud applications goal is to be the world's largest and most profitable company. we are growing our cloud business much faster than salesforce.com. and we can beat them to the $10 billion mark. but it's going to be close. >> reporter: now, ellison also asked where oracle's infrastructure as a service can be more reliable and less expensive than amazon. we think it can, he said. that of course a shot at bees oo bezo sch bezos. executives were asked on the call whether they thought the declines would continue to steep in. executives saying we're not expecting a decline next quarter even at the 19% rate. guys, back to you. >> stafford katz was at the meeting with donald trump, did they talk about that on the call, give any hints what was discussed there? >> reporter: you would have expected some questions about the inc

cloud business, almost a side project for larry ellison run by zach nelson. to be curious to see their other biddings. >> he basically said i want that. larry owns half of the netsuite. >> walmart agreed to vietjet.com for $3 billion in cash, giving the world's largest retailer stronger online presence. >> it's a desperate move by walmart. walmart, one year and a half ago, there market cap was double that of amazon. now they have flipped. they are at $230 billion roughly. >> bayer and monsanto, is third time the charm? the number they have to hit to acquire monsanto is $135 a share. they are talking about a breakup fee and a potential price. >> a step closer, how much closer? has offered, bayer $1.5 billion in a termination fee. we are going to want more because a lot of revelatory issues that are going to come up, and price always matters. >> bayer increased their offer. a second time. a -- wellit is well above their current offer, they seem to want even more. it's a five dollar pickup from the original bid. share prices dropped, it's more attractive. what's

, almost a side project for larry ellison run by zach nelson. to be curious to see their other biddings. >> they are making a desperation move. he basically said i want that. walmart agreed to buy jet.com for $3 billion in cash, giving the world's largest retailer stronger online presence. >> it's a desperate move by walmart. walmart, one year and a half ago, there market cap was double that of amazon. now they have flipped. they are at $230 billion roughly. >> bayer and monsanto, is third time the charm? the number they have to hit to acquire monsanto is $135 a share. they are talking about a breakup fee and a potential price. jonathan: a step closer how much , closer? >> right now, bayer has offered $1.5 billion in a termination fee. they are going to want more at monsanto because a lot of regulatory issues that are going to come up, and price always matters. alix: bayer increased their offer. a second time. and while it is well above their current offer, they seem to want even more. it's a five dollar pickup from the original bid. share price

. >> founded by larry ellison. >> netsuite is a truly cloud business, almost a side project for larry by zach nelson. it is going to be curious to see their other biddings. >> they are making a desperation move. he basically said i want that. >> walmart agreed to buy jet.com for $3 billion in cash, giving the world's largest retailer a stronger online presence. >> this is a bit of a desperate move by walmart. walmart, one year and a half ago, there market cap was double that of amazon. now they have flipped. they are at $230 billion roughly. amazon is $360 billion. >> bayer and monsanto, is third time the charm? sanford bernstein saying the number they have to hit to acquire monsanto is $135 a share. they are talking about a breakup fee and a potential price. jonathan: a step closer, how much closer? >> i believe right now bayer has , offered $1.5 billion in a termination fee. they are going to want more at monsanto because a lot of regulatory issues will,, and price always matters. alix: bayer increased their offer. a second time. that would be $127.50 a share. and while it is well a

netsuite is a truly cloud business, almost a side project for larry ellison run by zach nelson. to be curious to see their other buildings, -- other buildings. -- other biddings. >> he basically said i want that. >> walmart agreed to vietjet.com for $3 billion in cash, giving the world's largest retailer stronger online presence. >> it's a desperate move by walmart. the here and a half ago, the market cap was double that of amazon. now they flipped, they are at $230 billion roughly. >> bayer and monsanto, is third time the charm? the number that they are has to hit to acquire monsanto is $135 a share. they are talking about a breakup fee and a potential price. >> a step closer, how much closer? >> mayor has offered $1.5 billion in a termination fee. we are going to want more because a lot of revelatory issues that are going to come up, and price always matters. -- bayerre -- they are increased their offer. they seem to want even more. it's a five dollar pickup from the last, -- the original bid. share prices dropped, it's more attractive. was to stop monsanto from saying we acce

i did an interview with larry ellison from oracle and he said at the time, what is the nsa doing, afterdwards noted. he said to me at that time, there's so much stuff about individuals out there and 70 people have access, it's remarkable, what you can find out. if you were aware of that, you take precautions to take care of yourself like you do with your credit cards. of course you protect your credit card. it should be the same thing. you could say it's hard to use. thean be simplified but way tor, we have a whole address these vulnerabilities. guest: you are trying to make it easier forso the consumer to act. one of the priorities we ask for is to try to get the devices right that are easier to use and more naturally used in a particular way. do we have a significant collaboration with the community? guest: i think we do. there were incidents along the way but i believe at the end of the day, there's a good working relationship between the tech community and government. , yous been especially true take dod or homeland, national security. there has been a relationship for years and con

and larry ellison came in in the first three years. groomeds who had ellison.those people were there at the beginning. and they knew what they were getting into and that this was essentially a kid with a great idea. and they knew that the company succeed or fail. and another category of investors came in from 2000-2000 -- 2014-2015. and when you look at how much money was raised, that is when most of the money was raised. $630 million -- host: just before -- john: the last chunk of it was raised two months after i started looking into the company. host: how is it that somebody at that age, she founded it at the raised plenty of money into her mid-20's. more money came in when she was 29 years old. what was it that she was able to say and to do based on what you've been able to find, to get that cash? stanforde came out of with a vision to revolutionize medicine with blood testing that would be done on a very small samples of blood, either pricked from the arm, then the finger. the tests would be done quickly off of just a painless prick. and then you could diag

and larry ellison came in in the first three years. don lucas who had groomed ellison.those people were there at the beginning. and they knew what they were getting into and that this was essentially a kid with a great idea. and they knew that the company could either succeed or fail. then there is another category of investors, the people who came in and ponied up most of the money, stretching from early 2014 to 2015. when you look at when the money was raised, that is when it was raised. >> at just the wrong time. >> $330 million was raised between 2014 and 2015. host: just before -- >> the last chunk of it was raised in march of 2015, two month's after i started looking into the company. host: how was it based on your reporting that somebody at that age, elizabeth holmes founded the company at the age of 19, was able to raise plenty of than in her mid-20's, more money poured in when she was 29 years old. what was it that she was able to say and to do based on what you've been able to find, to get that cash? john: she came out of stanford with a vision to revolutioniz

larry ellison highlighting growth in cloud-based revenue, especially software as a service.aking lots of shots at sales force, but investors not impressed this morning. shares down nearly 5% so far this morning. also watching shares of adobe. that company beating estimates on the top and bottom lines for its most recent quarter boosted by a jump in subscription revenue. i spoke with the ceo after the results came out before the call, covering everything from m&a to mobile. that stock down about 2.5%, 3%. but we're going to hear from him later this hour. >>> when we come back, disney looking to catch lightning in a bottle again with its latest "star wars" film. what moviegoers are saying about opening night for "rogue one" and what that means for bob iger and company. trivago making its debut this morning. we'll get an interview with the ceo coming up. and later on, recode's kara swisher on what exactly happened when silicon valley met donald trump earlier this week. dow's up 36. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it he

his heroes are eland musk, bill gates, lar yellson, those people who are -- larry ellison, those people who are contributing to our country, creating jobs, innovating, creating, growing this economy. that's what david wants to do. that's what he will do if he's able to stay in this country. i think it's so important for us to give david the certainty and also at the same time not to provoke anxiety and fear that will cause him to lose this opportunity, to lose his way, and for us to lose out on all of the amazing things that he can create. as i introduce a member who has become a very good friend and a mentor to me, who's from this same town of el paso, texas, that i have the honor of representing, i'm going to, without embarrassing her, -- well, she's very graciously yielding to her colleague from nevada, so i'm going to now recognize my colleague from nevada, who i have the pleasure of sitting with on the veterans affairs committee -- veterans' affairs committee, and over the last years i've learned from because she's the most tireless champion for veterans, she's the most tireless ch