we're sitting down with mark hurd, ceo of oracle. thank you. you're going through an interesting time in oracle. you have gone through changes. you have gone through a ton of acquisitions. now we have this huge change, the move to the cloud. talk to me about what that looks like for oracle which has a strong footprint in on premise software. the development of cloud software has been targeted at oracle. what does that mean for the industry? mark: it is a big shift. i think you will see a majority i.t. shift to the cloud. for us, we look at this as an opportunity.

cory: oracle ceo mark hurd has over 2000 customer interactions every year. 's telling mark heard that they are worrying about. that coming up next on bloomberg best. ♪ ♪ cory: welcome back to "bloomberg best." his job is making sure oracle products get sold. he is talked with so many ceos of so many companies. what are they worried about? check this out. explain to me what it is that you do when companies pull back? mark: when you see a down market, your first instinct is to go hard. cut your resource revenue. cut the expenses down. my whole point, for a while -- the reality is that what happened in downturns is that people do not stop looking. ideas do not stop. customers continue to look. they continue to think about things. what they tend to stop doing is buying as fast. the projects continue to mature. so what happens is, when things hit an upturn, the projects that have been gestating tend to come to fruition. what happens is that if you cut the resources, you do not get the opportunity. cory: so they are knocking on doors, and your company -- mark: by t

we're sitting down with mark hurd, ceo of oracle. thank you. you're going through an interesting time in oracle. you have gone through changes. you have gone through a ton of acquisitions. now we have this huge change, the move to the cloud. talk to me about what that looks like for oracle which has a strong footprint in on premise software. the development of cloud software has been targeted at oracle. what does that mean for the industry? mark: it is a big shift. i think you will see a majority i.t. shift to the cloud. for us, we look at this as an opportunity. we have such a strong on premise-base, it will be important to make those worlds work together. and for us, building a whole new stack of capability through platforms, infrastructure that can work with that on premise base, that's a huge opportunity for us. cory: some of the contenders say they don't have to work together. throw out the baby with the bath water with the cloud software. why for newer companies, why are they not just starting with the slate clean? mark: vendors are inter

elaborates on the company's strategy and cory johnson has an exclusive interview with oracle's ceo mark hurd. we look back at another wild week for oil. ♪

certainly one of those is oracle ceo mark hurd. there was a time when there was no acquisitions.here was a time when there were 800 acquisitions. now, we have a move to the cloud. tell me what it looks like for the oracle to have such a strong footprint in the developing of cloud software. what has that change been like for the company? shift, overa big the next five or 10 years. we are going to see a majority of i.t. shift to the cloud. for us, we look at it as an opportunity. the fact that we have such a strong base, it is going to be important to make those two worlds work together. we are looking at a

talkedceo mark hurd about the futures of the businesses, moving to cloud. is with cory johnson of "bloomberg west." mark: over the course of the next five to 10 years, you will see perhaps a majority of i.t. shift to the cloud. for us, it is an opportunity. the fact that we have such a it will beise base, important to make those two world's work together. it's for us, building a whole new cloud stack capability from applications to platforms to cannot workre that without that premise base, it is a huge possibility for us. throw out the baby and the bathwater with whether it is database software or other things with software, why for newer companies -- think it is interesting that vendors say that, but if you talk to customers they will say something different. they have to run their businesses sort of every day. do not get me wrong -- the bulk of the work is moving to the poem to offor a long time you will have to get applications that work together. the ability to share information, so i think it becomes key to manage most of our competitors purely on prem

an interview with the ceo mark hurd.

. ♪ oracle ceo mark hurd will be joining cory johnson on bloomberg west.ou do not want to miss this. our -- ajoining us is member of our analyst team that provides research to more than 1200 companies globally. he covers yahoo! as part of his scope of research. one thing we've been reporting is that yahoo! has seen more than one third of its workforce leave either voluntarily or involuntarily over the last year. what kind of draw is yahoo! within silicon valley? this is a key concern for the yahoo! turnaround plans. the same thing with twitter. how they're going to strategize employee retention, those concerns continue. even if there is a turnaround plan, it's difficult to convince that this is the growth story and these are the stock options that might be more attractive than others and stuff like that. employee retention continues to be an issue. marissa mayer came over to yahoo! with great fanfare. what was she known for at google and how much did she bring over ?o yahoo! >> in 2012 they bought instagram for a billion dollars. 4 $1.1 billion. , it's loo

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mark: dearden says the death of david hurd and others show the importance of death with dignity legislation. >> apparently he thought this was the time for him and he did not want to be a burden. mark: death with dignity legislation currently exists in four states, the west coast and vermont. the medical director for unity point hospice helps patients and their loved ones navigate the tough decisions from diagnosis to death. >> it's giving patients all the possible choices they have and the death with dignity act could be one of those choices. mark: she thinks the push for this type of law stems from the a terminal illness. >> some people see the death with dignity act as a way to take back that control and to alleviate some of those fears of what's going to happen if i can't take care of myself or my family can't take care of me or if i'm worried i'm going to have unbearable suffering at the end of my life. mark: in our kcci facebook poll 94% of our viewers who responded said they would support a death with dignity bill in iowa . senator dearden says it likely won't even get to a vote. >>

it's the first step towards the production cut but they have to get through this hurd the to freeze first. >> today marksry of president obama sign the second stimulus bill into law. one of the men who led the first made comments. >> although two banks were not the sole cause of the recession there's no question that they are at the center contributed to the nag any tuesday of the crisis and the damage it has inflicted across the economy. now is the right time for congress to consider going further with bold solutions to solve this problem once and for all. i believe the act did not far enough. i believe the biggest banks are still too big to fail and continue to pose a large risk to our economy. >> democratic presidential candidate bernie sanders said he is delighted with this comments. good to see you, sir. >> good to see you. >> this created a lot of conversation and debate online. what specifically would you like to see congress do when you u say we want them to go further? >> there are a number of solutions out there. everything from breaking up the banks to putting so much capital in them to taxes

mark: dearden says the death of david hurd and others show the importance of death with dignity legislation. >> apparently he thought this , was the time for him and he didn't want to be a burden. mark: death with dignity legislation currently exists in four states, the west coast and vermont. the medical director for unity point hospice helps patients and their loved ones navigate the tough decisions from diagnosis to death. possible choices they have, and the death with dignity act could be one of those choices. mark: she thinks the push for this type of law stems from the loss of control that comes with a terminal illness. >> some people see the death with dignity act as a way to take back that control and to alleviate some of those fears of what's going to happen if i can't take care of myself or my family can't take care of me, or if i'm worried i'm going to have unbearable suffering at the end of my life. mark: in our kcci facebook poll, 94% of our viewers who responded with dignity bill in iowat wis at 17. our school at stations, look at these wind gusts. pretty common across the sta