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May 21, 2015
05/15
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. ->> they would have to acquire mark benioff.oes he want to be a vice president of a huge company after running salesforce? emily: it doesn't seem like he would want to do that. >> the choices are that he wants to step away from salesforce and go into politics or philanthropy , or he would go to oracle to be a successor to larry ellison. i'll>> our sources have told us that talks are dying down. what do you make of that? >> it would be super expensive. it would be the biggest deal we would have seen. if you're one of those three players and someone is considering doing it all of a sudden you need to consider whether you should. it would totally change the competitive landscape. if you are microsoft and google is contemplating buying salesforce you've got to be all over that and figure out what it means for your business. the same thing for oracle. emily: what's going to mark benioff's head right now? how much of a distraction is this talk? kevin: it is a distraction. i just think it's a very unlikely transaction. until this happe
. ->> they would have to acquire mark benioff.oes he want to be a vice president of a huge company after running salesforce? emily: it doesn't seem like he would want to do that. >> the choices are that he wants to step away from salesforce and go into politics or philanthropy , or he would go to oracle to be a successor to larry ellison. i'll>> our sources have told us that talks are dying down. what do you make of that? >> it would be super expensive. it would be the...
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May 21, 2015
05/15
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i wonder what's going to mark , benioff's head right now? how much of a distraction is this talk?hat does he do? kevin: it is a distraction. if you're going to sell a company for $60 billion, it's not a terrible thing. i just think it's a very unlikely transaction. until this happens, we have to put the odds at very small. it's just so big for those large companies. nobody wants to make a $60 billion mistake. we have seen many acquisitions go badly. those are not the type of typical transactions that google does. a double-click or youtube or even an android, in some ways they bought core technology early on and build it from there. i think it is not very likely. emily: on that note, bill mcdermott said that you don't buy companies where prices are going to drop and revenue will be under pressure in the future. corey you have always been , beating on salesforce. what do you think of that statement? cory: i am always loving salesforce. it is not growing like it used to. in the latter stages of growth they have been fueled by bigger acquisitions. this is a company that has grown late
i wonder what's going to mark , benioff's head right now? how much of a distraction is this talk?hat does he do? kevin: it is a distraction. if you're going to sell a company for $60 billion, it's not a terrible thing. i just think it's a very unlikely transaction. until this happens, we have to put the odds at very small. it's just so big for those large companies. nobody wants to make a $60 billion mistake. we have seen many acquisitions go badly. those are not the type of typical...
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May 21, 2015
05/15
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and mark benioff is one of the greatest salespeople of our generation.nd if i were he, i would, if somebody steps up with a number -- i think the shortest unit of time in the universe should be how long it takes them to say yes. >> are salesforce investors going to go for that if it's anything short of $70 billion after this quarter? he's got to convince them after saying he sees his way, the fastest company to $10 billion in sales, all of a sudden, i want to sell it for seven times that number. >> if i were he, that's what i would do. >> and if you believe you're late in the cycle you would probably do it as a shareholder, too. >> i think we know if the shareholders are given a chance to vote. they'll take the cash. >> speaking of cash, we're watching mcdonald's closely today. shareholder meeting in oak brook, illinois. not without it's share of drama. our kate rodgers is watching that. >> we're bringing you the news. the shareholder meet something still under way we have a major victory for shareholders of mcdonald's this morning in a preliminary vote
and mark benioff is one of the greatest salespeople of our generation.nd if i were he, i would, if somebody steps up with a number -- i think the shortest unit of time in the universe should be how long it takes them to say yes. >> are salesforce investors going to go for that if it's anything short of $70 billion after this quarter? he's got to convince them after saying he sees his way, the fastest company to $10 billion in sales, all of a sudden, i want to sell it for seven times that...
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May 25, 2015
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mark benioff has been adamant that tech companies need to do more. what do you think? : i think that is basically -- that is basically right. i think that is basically true. a lot of the new startups are brand-new. but a big part of this is what the big companies do. and the sort of maturation of companies when they go from being startups to being big companies, and stepping up on their responsibilities. i think that is a big deal. emily: what about inclusion and diversity, something else that you and laura have been giving to? why is inclusion important in silicon valley? mark: i believe tech is inherently inclusionary. tech wants to bring people in. tech wants to include as many people as possible. the reason i am so confident about that is because of the incredible coverage that -- incredible people in silicon valley from the incredible number of countries. the challenge is, we are still underrepresented when it comes especially to women, and then in the u.s. when it comes to african-americans and latinos. emily: should women ask for raises if they think they deserve
mark benioff has been adamant that tech companies need to do more. what do you think? : i think that is basically -- that is basically right. i think that is basically true. a lot of the new startups are brand-new. but a big part of this is what the big companies do. and the sort of maturation of companies when they go from being startups to being big companies, and stepping up on their responsibilities. i think that is a big deal. emily: what about inclusion and diversity, something else that...
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May 20, 2015
05/15
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katie: one reason it would be hard for them to acquire salesforce is they would have to acquire mark benioffnd if he wants to be vice president of a huge company after running salesforce for so long in that market cap company. emily: it does the scene that he would want to do something like that. katie: exactly. that he would go to oracle perhaps to be a successor to larry ellison? a lot of people said that that was a company that needed a succession plan. emily: partisans are telling us the parties are leaning back from the table. what you make a back? pat: it is to breaks -- make of that? pat: it is super expensive and ask sort of situation where if you are one of those three players and someone is considering doing it? suddenly you need to consider whether you should right? it would totally change the competitive landscape. if you are microsoft and google is contemplating buying salesforce you have got to be all over that and figure out what it means for your business. emily: back in the day you sold a company called double click to google. how much of a distraction is all of this? kevin:
katie: one reason it would be hard for them to acquire salesforce is they would have to acquire mark benioffnd if he wants to be vice president of a huge company after running salesforce for so long in that market cap company. emily: it does the scene that he would want to do something like that. katie: exactly. that he would go to oracle perhaps to be a successor to larry ellison? a lot of people said that that was a company that needed a succession plan. emily: partisans are telling us the...
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May 5, 2015
05/15
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. >> reporter: sales for ceo force mark benioff was a friend. >> he showed me what it was like to beer, friend and also a successful ceo. >> reporter: tomorrow there will be an invite only memorial at stamford where the men are urged to not wear ties. that's because dave was known for his hatred of ties. we should also mention the four seasons put out a statement that essentially contradicts the mexican authorities that stated that this incident did not happen on its property. live in palo alto, betty yu, kpix5. >> according to the u.s. consumer product safety commission, thousands of people head to the e.r. every year because of exercise equipment injuries. many of those injuries are treadmill-related. >>> at one bay area high school students are learning to focus less on getting a's and more on finding inner peace. they're turning to transdential meditation. this is offered at palo alto high school where expectations are high and tragically lots of students have taken their own lives. >> you're not thinking of all your work. you're not thinking of like all the stuff you have to do
. >> reporter: sales for ceo force mark benioff was a friend. >> he showed me what it was like to beer, friend and also a successful ceo. >> reporter: tomorrow there will be an invite only memorial at stamford where the men are urged to not wear ties. that's because dave was known for his hatred of ties. we should also mention the four seasons put out a statement that essentially contradicts the mexican authorities that stated that this incident did not happen on its property....
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May 13, 2015
05/15
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saturday is uc berkeley's commencement and delivering this keynote speech commencement address is ceo mark beniofftspoken advocate for social justice. he previously served as commencement speaker for alma mater and cal was expecting 4300 graduating seniors in the class of 2015. >>> the warriors scraped and fought and shopped their way to a game four win after suffering two straight losses after the grizzlies. coach steve kerr who won five nba titles as a player said he showed the mental toughness it takes to win a championship. >> if you handle it correctly it elevates your game, you know? you're tested, you realize and you have to get to another level, and i thought we got to another level last night with our competitiveness. >> and we want them to win, right? tip-off tomorrow for game 5 and it is back at fedex forum. you can watch that game on the sister network at 6:30 p.m. and a deciding game 7 would be back at oracle arena on sunday if necessary. >>> now coming up tonight on abc 7 news at 11 clock, some of the world's smartest people are worried that machines with artificial intelligence coul
saturday is uc berkeley's commencement and delivering this keynote speech commencement address is ceo mark beniofftspoken advocate for social justice. he previously served as commencement speaker for alma mater and cal was expecting 4300 graduating seniors in the class of 2015. >>> the warriors scraped and fought and shopped their way to a game four win after suffering two straight losses after the grizzlies. coach steve kerr who won five nba titles as a player said he showed the...
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May 5, 2015
05/15
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mark benioff, chairman and ceo of software company salesforce was a friend. >> what i saw was an incrediblen being who showed me what it was like to be a father, what it was like to be a husband, what it was like to be a friend, but also what it was like to be a successful c.e.o. >> reporter: goldberg is survived by his mother, his wife and their two children. scott, there will be a memorial service for him tomorrow in california. >> pelley: 47 years old. elaine, thanks very much. for three decades david letterman has been making us laugh, and in a moment we'll take a look back. merica is now the world's number one natural gas producer... and we could soon become number one in oil. because hydraulic fracturing technology is safely recovering lots more oil and natural gas. supporting millions of new jobs. billions in tax revenue... and a new century of american energy security. the new energy superpower? it's red, white and blue. log on to learn more. sunday dinners at my house... it's a full day for me, and i love it. but when i started having back pain my sister had to come help. i don't l
mark benioff, chairman and ceo of software company salesforce was a friend. >> what i saw was an incrediblen being who showed me what it was like to be a father, what it was like to be a husband, what it was like to be a friend, but also what it was like to be a successful c.e.o. >> reporter: goldberg is survived by his mother, his wife and their two children. scott, there will be a memorial service for him tomorrow in california. >> pelley: 47 years old. elaine, thanks very...
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May 5, 2015
05/15
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most notably, what would mark benioff do afterwards? $3 billion or $4 billion added to its market cap. do you think it is now overpriced eschew mark -- overpriced? guest: no. it is still below our price target. it has had a short-term big run and stocks that a big run for the year. we believe that risk factor is nothing happens. you still have upside, but not of magnitude. alix: thank you so much. little skeptical of microsoft and a bid for salesforce. for more, the ceo of integrated device technology joins me rum san francisco. they are the maker behind the 4g lte technology. he basically makes the stuff that goes into servers and network equipment. what do you think about microsoft making a bid for salesforce? guest: this is about the future and expansion of the cloud platform and whether you have apps and whether you have a form on which you can run third party apps and how fast can you grow it before the others have it added? this is a phenomenal market share or time increasing opportunity. the question is whether it is too large, w
most notably, what would mark benioff do afterwards? $3 billion or $4 billion added to its market cap. do you think it is now overpriced eschew mark -- overpriced? guest: no. it is still below our price target. it has had a short-term big run and stocks that a big run for the year. we believe that risk factor is nothing happens. you still have upside, but not of magnitude. alix: thank you so much. little skeptical of microsoft and a bid for salesforce. for more, the ceo of integrated device...
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May 23, 2015
05/15
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money for the project is now coming from high tech heavyweights including ron conway and mark benioffributed $5 million. >>> new information about a deadly crash last year involving a tour bus and a fed ex truck. >> checking on the forecast for the holiday weekend. we have a warm up in store. i'll let you know which days are the warmest. >>> the search for a particular mask that has now gone missing. we'll tell you about its roll -- role in san francisco music history. bulldog: mattress discounters memorial day sale ends monday? oh boy! a queen size serta mattress and box spring set for just $397. mattress discounters has the largest selection of memory foam mattresses under one roof! well i'll be... up to $300 off tempur-pedic breeze. and wow! get up to four years interest-free financing on the entire tempur-pedic cloud collection! better hurry! the memorial day sale ends monday. ♪ mattress discounters ♪ >>> a 77-year-old woman who was attacked on mother's day in san francisco unfortunately died today from her injuries. lin luin had just gotten off a bus when she was attacked. police
money for the project is now coming from high tech heavyweights including ron conway and mark benioffributed $5 million. >>> new information about a deadly crash last year involving a tour bus and a fed ex truck. >> checking on the forecast for the holiday weekend. we have a warm up in store. i'll let you know which days are the warmest. >>> the search for a particular mask that has now gone missing. we'll tell you about its roll -- role in san francisco music history....
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May 20, 2015
05/15
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. >> i think mark benioff is on tonight with jim cramer. >> that guy is great. >> look forward to thatstraight on exactly what the story is around his company. >>> meantime the euro is down for a third straight day. jackie de angelis at the nymex with more. >> that's exactly right. you know the euro is down again three-week low, because of renewed worries about greece. so jim i know the euro is your favorite subject to talk about. and i'm wondering what you think about it right now. do you think the downward pressure will continue? >> it's the center of my trading universe. the euro versus the dollar. and i don't think the downward pressure is going to continue. when we start reaching into things like wow, renewed pressure on the euro because greece might not pay its bills, are you kidding me? of course greece isn't going to pay its bills unless somebody helps them pay it that's not a new story. to me it's a market position move, we're appropriating the downside of the range. i think it recovers, i think if it settled below 111 and the futures, it will be negative. i'm going to change
. >> i think mark benioff is on tonight with jim cramer. >> that guy is great. >> look forward to thatstraight on exactly what the story is around his company. >>> meantime the euro is down for a third straight day. jackie de angelis at the nymex with more. >> that's exactly right. you know the euro is down again three-week low, because of renewed worries about greece. so jim i know the euro is your favorite subject to talk about. and i'm wondering what you...
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May 6, 2015
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i don't know that microsoft would need mark benioff as much.-- i'm not sure they're in that part of the cloud business anyway. oracle does. they go from the bottom of the cloud stack all the way to the top through applications. >> well, isn't it true though that there are a couple other potential bidders and it's been rumored, of course that ibm, maybe even hp which there are rumors that they might like to have mark benioff running the company, but microsoft it strikes me has an issue here and that is they have got their own dynamic crm project. so why would they go acquire salesforce when they'd be going head to head pretty hard at it? >> so the dynamics is a much smaller product. they probably have about 2 million users, so it doesn't really quite have the scale and it's more appropriate for smbs, the small, medium sized companies than the larger enterprises. we ran the merger models on a number of companies a week ago in a report we published, and cisco, you know could be as well, it's a bit of a stretch for them to get into that business. i
i don't know that microsoft would need mark benioff as much.-- i'm not sure they're in that part of the cloud business anyway. oracle does. they go from the bottom of the cloud stack all the way to the top through applications. >> well, isn't it true though that there are a couple other potential bidders and it's been rumored, of course that ibm, maybe even hp which there are rumors that they might like to have mark benioff running the company, but microsoft it strikes me has an issue...
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May 6, 2015
05/15
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. >> reporter: sales force ceo mark benioff spoke about him. >> you have to look at him as an example of a loving father loyal husband and he was always there for everybody. >> reporter: goldberg died while on a family vacation in mexico. local investigators say it was the result of head trauma after he apparently fell off a treadmill. but cbs news has learned that autopsy results suggest goldberg had a heart arrhythmia that may have contributed to his death. >> this is a huge loss for silicon valley by far the biggest loss since steve jobs. >> reporter: at his memorial sandberg said "dave was my rock when i got upset he stayed calm when i was worried he said we'll be okay." i sure could use him right about now. sandberg also said that as heartbroken as she is she's grateful for every minute they had. and if someone told her this day would come just 11 years after they married she still would have walked down that aisle. charlie? >> elaine thanks. >>> presidential candidate hillary clinton is pitching immigration reform in the west. she told high school students in las vegas tuesday t
. >> reporter: sales force ceo mark benioff spoke about him. >> you have to look at him as an example of a loving father loyal husband and he was always there for everybody. >> reporter: goldberg died while on a family vacation in mexico. local investigators say it was the result of head trauma after he apparently fell off a treadmill. but cbs news has learned that autopsy results suggest goldberg had a heart arrhythmia that may have contributed to his death. >> this is...
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May 1, 2015
05/15
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benioff were at the same ceo summit earlier this week. brent: a lot of ceo's share the same view that he is doing the right thing. i do not believe that mark would come to these things if he did not believe in what they were doing culturally and directly, it makes sense. emily: hp, sap, ibm. cory: they are two companies that are similar businesses which is slinging hardware selling services, and selling a good chunk of software. in both cases you have companies that say we want to be in the software world. so hp is going for the split of the company. there is in no way they could do a split of the company and do an acquisition. they cannot afford an acquisition like this anyway unless it will be compaq where it is issuing equity. a marriage of equals. that is hard to imagine happening but it would help them grow topline or at least not shrink topline. i think ibm is interesting. this is a world of speculation. when you look at ibm, ibm was a company that talked endlessly about cloud. they wanted all stuff into their cloud business. they made the argument that their cloud business is bigger than salesforce's, bigger than anyone's. their sal
benioff were at the same ceo summit earlier this week. brent: a lot of ceo's share the same view that he is doing the right thing. i do not believe that mark would come to these things if he did not believe in what they were doing culturally and directly, it makes sense. emily: hp, sap, ibm. cory: they are two companies that are similar businesses which is slinging hardware selling services, and selling a good chunk of software. in both cases you have companies that say we want to be in the...