is oracle one of those companies? >> i think that with oracle, that is difficult.umber one, the distribution will be the same no matter what. oracle has to innovate at a higher rate. that's what we've not seen oracle do in the last decade. >> salesforce has been a big acquirer. how do you continue to buy companies without losing focus or getting bloated? >> acquisitions are hard no matter who you are. i can tell you firsthand after doing 25 acquisitions over the last five years, acquisitions are hard. but you can transform your company through acquisitions. they bring incredible people into your company, and if you can nurture them, you can get results. >> what are the challenges when you buy another big company? >> the number one thing is that, as a ceo, you have to choose what you will be in. i only have so much time. where i spend my time is super important. i kind of divide my time into four quadrants. in a certain quadrant, my transformation quadrant, that is where i spend the majority of my time. the things that, if i do not do them, they will not get done. t

>> oracle has a different business.hen i left, they took me into their office and said, mark, it is a good thing that you're leaving oracle. he said, it will be difficult to do a brand-new technology model and business model, because everything from the way that you deliver the software to the way that you recognize the revenue is completely different with cloud computing. >> you and larry ellison have had a rivalry and a partnership. what is your relationship like behind the scenes? >> we have a great relationship. i just saw him on sunday night. we are always hugging and kissing. [laughter] >> frenemies? >> we have been frenemies four years. i have had great mentors in my life, my parents and grandparents, steve jobs, colin powell. they dramatically influenced me in philanthropy in a business. i do not think anyone is influenced in more than larry ellison. i would not be the ceo i that i am today, salesforce would not be the company that it is. not just because of his money but because of everything that he teaches me

what did salesforce to write that oracle did wrong? -- doright that oracle did wrong?> we focused on a cloud, but instead of delivering books or search results, where delivering business functionality -- we are delivering business functionality. we have stayed focused and dedicated for 15 years. we have achieved great success. there is a message in business which is that you have to be dedicated. >> did oracle mystic cloud? -- miss the cloud? >> oracle has a different business. when i left, they took me into their office and said, mark, it is a good thing that you're leaving oracle. it will be difficult to do a brand-new technology model and business model, because everything from the way that you deliver the software to the way that you recognize the revenue is completely different with cloud computing. you and larry ellison have had a rivalry and a partnership. what is your relationship like behind the scenes? >> we have a great relationship. i just saw him on sunday night. we are always hugging and kissing. [laughter] >> frenamies? s fourhave been frenamie years. gr

>> oracle has a different message.he cfo act of the office and said, is a good thing you are leaving. he said, it will be hard first to do a brand-new technology becaused business model everything from the way you do software to the way you recognize the revenue is completely different. >> you and larry ellison has had a rivalry as a partnership. what is your relationship really like behind the scenes? we have a great relationship. i sigh him sunday night where we were hugging and kissing. for 30 been friends years. asp is very exciting. had -- ithink, with have had some great mentors. people happen thrilled to have. my parents, my grandparents and also as you mentioned steve jobs .nd colin powell i denied the ny has influenced me more than larry ellison. i would not be the ceo i am just because this money but because of everything. big tech companies are splitting up and why is that happening? >> there are a lot of different reasons why that is happening. one may be the companies have become too big -- the become unma

is discussingrd his strategy for oracle.ne harry we know the company is focused heavily on is the cloud. they are trying to catch up with rivals in the delivery of software and services via the internet. oraclehnson is live at open world where he is joined by a special guest. ofi have the ceo oracle,mark hurd, congratulations on the title. is there an important distinction of both co-ceos being called ceo? >> i don't know. >> talk about the job and what it means and how it's different. >> at oracle, there is probably not a lot different. we have been working together a long time and we feel great about oracle's position in the market and we feel great about our technology. our job right now is really focused on execution. we have a real exciting few years ahead of us. >> there has been a lot of criticism of the notion of a dual ceo. we have seen a lot of businesses --r the years with deuce with dual ceos not work out. how do you make that work? >> we got the same comments when we had dual presidents. it has worked out pretty

. >> is oracle one of those companies? >> i think that with oracle, that is difficult. number one, the distribution will be the same no matter what. oracle has to innovate at a higher rate. >> salesforce has been a big buyer. how do you continue to buy companies without losing focus or getting bloated? >> acquisitions are hard no matter who you are. after doing 25 acquisitions over the last five years,

you should think of oracle more as a team. more than the three of us, we have a great team of people and we have 100 34,000 people at oracle now. we spent $5 billion in r&d. we have an insatiable need for great leadership and management. >> when you talk to customers, what is the story this year? why's this year different? you said there are 60,000 people here. what do you want them to walk away with? >> it could even be over 60,000 so it is a lot of people. >> i only got into two restaurants this week. >> i am shocked you could pull it off. >> i lost a lot of weight, i slipped right in. >> this is not too different than what you've seen over the past couple of years. our customers are going through transformation. most i.t. budgets are not up in most of our, -- customers budgets are flat and some are slightly down. they're being asked to save money at the same time how do they get to a whole new set of buyers and to a whole new set of employees with tools like you have in your hand. they are digital natives and they want to w

cory johnson caught up with hurd at oracle's conference and asked how difficult is oracle now that ellison is no longer the man at the top? >> it probably suspect a lot different. better technology. you'll see a lot of that here at this conference. job is to focus on execution. we have a real exciting few years ahead of us. we just have to get our work done. >> there has been a lot of iticism of the notion of a dual c.e.o. ere we got the same comments when we had dual presidents. you should think of oracle more as a team. we have a great team, people that run our regions. we have 134,000 people at oracle now. a big company. we spend $5 billion on r & d. we have a need for great leadership. it is really a team sport. >> when you're talking to customers now, what is the story this year? why is this year different? you have to have a theme -- you have 60,000 people here. what do you want them to walk away? >> i think it may be over that. that is a lot of people. >> all i know is i got into two restaurants this week m >> i'm shocked you could pull that off. you must know somebody. >> i lost a

>> oracle has a different business.he chairman, who just retired, took me into his office and said, good thing you are leaving oracle. i said, why is that? he said, it will be hard for us to do a brand-new technology model and a brand-new business model, because everything from the way you deliver the software to the way you recognize the revenue is completely different in cloud computing. larry ellison had a rivalry over the years, and more recently a partnership. what is your relationship really like behind the scenes? >> larry and i have a great relationship. we are always hugging and kissing. [laughter] >> frenemies? >> we have been friends for 30 years. that has been exciting. look, i had some great mentors in my life, people i have been thrilled to have. my parents, grandparents, but also like you mentioned, steve jobs, colin powell. i don't think anyone influenced me more than larry ellison. i would not be the ceo i am today. salesforce would not be the company it is, not just because of his money, but because of

>> i think nothing changed at oracle. [laughter] have had to do with the number of papers that larry has to sign. it will be similar for quiet a while. >> had you see the digital payments and mobile payments race playing out. >> it is by far the most innovative and radical. ♪ >> lets talk about the next generation. you sounded the alarm about startups. bear with me. new founders in the last 10 years have only been in the environment where money is easily to raise. that will not last. when the market turns, and it thatturn, we were find many companies will vaporize. there are exceptions to all this. if you're reading this, you are not one. what are you worried about? >> it has gotten easier to raise money. as a consequence, you get used to being able to raise money. able to raise money at a higher valuation. europe, you can raise it. if you fly to asia, you can raise it. then you find yourself in an article looking for investors on the fringe. it gets harder and harder. you go bankrupt if you can't raise financing. you hav

you can now go to the oracle cloud, get java. most popular database in the world and have access to those tools and do it straight off of those tools. no computers to be bought. >> how are your sales staff dealing with the change in this different level of perpetualizing and how have they done it? has it been a tough adjustment? >> two and a half years ago we realigned our sales organization to prepare for what where we are at now. it has been a lot of work and training. we hired up. not quite doubled our sales force. not quite. we didn't have two to four or four to eight. we had many, many people. it has been a big expansion and oriented our sales force not just i.t. buyers or but functional leaders. the heads of h.r., the heads of marketing and sales. >> that is the big change in the role of technology. technology is really all levels of workers and all sizes of company. >> the head of marketing now has a vote. head of h.r. now has a vote. because they are in the hands of almost every worker everybody has a role in i.t. to a de

with companies like oracle taking off, microsoft and so forth. the valley crashed really hard in the late 1980's. the thing i learned was, the number of people who were unbelievably talented, who had been through the pc revolution, who just didn't have -- there was no real thing for them to do. the minute there was something to do, they all said, i want to be part of that. >> for someone who comes to silicon valley today, have they missed all the excitement? >> there is no way. it feels to me like 20 years of progress with the internet. we are just now getting the payoff from the hard work. >> ebay and hp recently decided to split up. you said they made those decisions independently. why is this happening? >> my view is there is going to be more fundamental industry change in the next five years than in the last 20. every technology company more than 20 years old will almost certainly break up. thinkl take time, but i you go right down the list. >> you mentioned oracle. >> they are all super cheap. view is this conventional -- even google and app

there is a new ceo at oracle. before accepting the role, she aggressively did over 100 deals including peoplesoft and microsoft systems. i sat down with safra katz today. brett, let's talk. i had a really interesting talk with her. i thought i would tell her -- tell you some of the things she told me and you can tell me what it means. a lot of the conversation we had is on bloomberg.com. one of the things she said was they are taking a big shot at sap and their acquisition of concur. she said when they got the job -- when she got the job as ceo, she got all these congratulations from her friends. her father said i am so proud of you. she got in her car that night and said you know what? the biggest thing that happened today was sap blowing most of their cash on concur. what next? dairy queen? >> i think that was a big deal that involved more than travel and expense. i think this is jealousy in a sense because sap has put together a portfolio -- >> they say it is just a module. >> just to be clear, they are powerin

larry ellison stepping down after decades as the ceo of oracle.or salesforce is off its annual dream force conference in san francisco and joining me now to discuss the shakeup in the cloud business, executive chief marketing officer, lynn. you guys have a huge lineup for dream force. what will you guys be talking about? is the super bowl of cloud computing. we have over 100 35 thousand registered attendees. we will have millions of people watching online. online, it's not only the biggest but the best and most exciting. our themes are about innovation, fun, giving back. you'll see that all through the week. >> some of the speakers hillary clinton, al gore, mark andreessen. how do you create this lineup? >> everyone is coming to dream force next week. we have government leaders but we also have the world economic forum the founder and inspirational speakers like tony robbins. luminarieshnical like mark andreessen. we are so excited you will be interviewing marc. >> i get an hour with him on stage. we have over 2000 customers speaking. >> how much

a stunt pilo oracle' is getting a special honor this weekend. kron4's jeff pierce previews his big ride with the blue angels tomorrow. when stunt pilot sean d. tucker flies his biplane during saturday's fleet week air show he brings an outsized sense of enthusiasm. my passion is flying, my passion is performing in front of an audience, my passion is to share that magic of flight. my stage is big my stage is huge. my stage is five thousand fight high and five thousand feet long to tumble and turn and flip through the sky. but sean tucker's enthusiasm turned reverential earlier this week when he got to fly in formation with some of most accomplished air show performers in the world. what a privilege for sean d. tucker and team oracle to pair up with two the united states navy blue angels. for me as a pilot for me as an air show performer, for them to trust me on this level, to take the chance and fly five feet from me it's just amazing. because at that moment i'm their lead. sean tucker will open for the blue angels this weekend. in san francisco

. >> reporter: a ferris wheel erected for a wednesday night oracle world party stands in the southeast corner of san francisco's treasure island. it's powered by a generator brought in by the company. the aging electrical grid on the island is vulnerable to frequent outages caused by bird, branches, kites and eventually vandalism. >> people want to try to cut live wire. it's not much stopping them other than the locks that are on there. >> reporter: on friday evening, officials said someone used a hacksaw to cut 12,000 bolt wires in this electrical switch box a few yards from if site of the oracle event. >> there's a couple of idea, oracle world was going on on treasure island but they weren't even running off our power lines they had separate generators. the real reason is they may have been looking for cooper. >> what did you think when the power went out on friday night. >> not again. >> reporter: long time resident edwin garcia bought a reserved battery after suffering several outages. >> a big amount of tourists come into the island. >> reporter: equipment reduced outages. but-- >

company and i don't like oracle stock because oracle is dedicated to trying to win share back in thehich means the margins are going to be under pressure. but oracle is more forward than ibm. >> i'm looking at other losers. hp, netapp, red hat, emc. >> look, every one of those companies is challenged. some are up to the challenge and some are defeated by the challenge. i think druckenmiller was talking about the business. think about ibm, what's their cellphone? well, there isn't really any. what's their mobile strategy? there isn't any. what's their internet strategy? this company reminds me of a company that just kind of put its head in the sand in the period and became a consulting company. you have to have social, mobile, web connectivity. you have to or else you're not a tech company. there's just not a technology company. >> you mentioned getting through the weekend without more bad ebola news. the winners today, delta, carnival, southwest airlines. >> think about where we were four days ago. think about where we were four days ago. there is someone with ebola on a carnival. th

stepped down as ceo, you tweeted -- there has been and will always be only one ceo at oracle.hat did you mean? how optimistic are you about a new ceo? >> i am sure mark will continue to do a good job. we all know that a larry ellison is a force of nature and what larry ellison wants, larry ellison will get. whoever is the ceo will have to bend to larry's desires. >> i spoke to him about apple and he's worked with apple back in the day under steve jobs. how confident are you about apple under tim cook? >> i think tim is doing a great job. we have seen some great new products. i have a 6 plus i am joint. apple is a great company. i think is the greatest story in american business. steve was the greatest of the greatest, we all know that. and being the follow on will be tough. >> groupon chairman, what about mobile? i will ask him about that. ♪ >> welcome back. i am emily chang. groupon has been posting big losses since the daily deals to broader e-commerce. groupon has been adding mobile and features to help with the move. i spoke with cory johnson and groupon chairman who is al

then he went on to start one of oracle's biggest competitors.ng me, from dreamforce 2014, mark benioff. so great to be here at one of the biggest conferences in the world. how many people are here today? >> 145,000 registered to attend physically. 3 million have already attended

then he went on to start one of oracle's biggest competitors.ng me, from dreamforce 2014, marc benioff. so great to be here at

. >> you mentioned oracle. >> i do not want to sit here and get in too much trouble.wo big reasons. number one, they are all super cheap. this conventional view there is a tech bubble. all of the large, older companies are cheap. >> you have been a big supporter of bitcoin. the price has plummeted. ould you be wrong? >> of course. the saving grace, we are venture capitalists. the nature of venture capital, we make 10 bets and we assume five are going to go to zero. and so, we keep trying. it is the nature of our usiness. we refer to as a slugging ercentage. it is not a batting average. it is not how often you write, but when you are right and how right you are. his is a way of thinking about it. bitcoin may or may not work. no one knows one way or another. if it works, it could be profound and revolutionary. you discount the risk and return in that way. i am completely enthusiastic to take it. a classic venture capitalist risk. those who understand should feel good about taking it. underneath that, i am confident the currency will become vitally important. even if it

then he went on to start one of oracle's biggest competit

then he went on to start one of oracle's biggest competitors.ng me, from dreamforce 2014, mark benioff. so great to be here at one of the biggest conferences in the world. how many people are here

and oracle, he is a co-ceo that. >> split. i don't think it should happen. i'll tell you why. i don't think larry ellison wants this to be his legacy, the company he has basically built by tens of billions of dollars in acquisitions just just to get here to have it split up. >> no longer ceo? >> he is chairman. and i think he made it very clear that he is still at the helm of this sort of thing, we're asking who is the next candidate. you're saying you agree with me and pete. >> no. i'm saying that i disagreed with you a couple of weeks ago. and i still disagree with you guys. i think this is one that is going to be because of the hewlett deal, it makes a lot of sense in that capacity. but i do not think they should do it. >> guy, what do you think? >> that was clear. >> that was crystal. ibm's basically has five business segments. and historically they have all complimented one another. i don't know if you can make the same argument. >> you let him have a pass here? >> are you drinking something on set? >> listening to him first. go on. it's like children here. guy, i'm sorry

then he went on to start one of oracle's biggest competitors.ng me, from dreamforce 2014, marc benioff. so great to be here at one of-- here at dreamforce, the largest software conferences in -- software conference t

that oracle open might be adding to the traffic coming across the bay. watch for heavier flow again today at the toll plaza. north bay san rafael, southbound 101, clusters of cars, not a big issue. and no delays through the area. again, a couple of days of fog. clear view for 101 down past the 580 split and toward the golden gate bridge which is crystal clear. smooth drive. highway 37 at the top 0 the screen, we have a smooth flow of traffic but already see sensors flowing a tad bit 16 miles from vallejo and sears point. volume starts to build there. westbound highway 4 out of antioch. arrow marked eastbound, we saw a good deal of slowing until five minutes ago, and things started to clear. i was told all road crews cleared from 580 but may have been one last crew hanging on. good news doing extra work. guys and gals i should say. road work 880, 280, interchange around stevens creek off-ramp, getting to santana road. typical road crews will change over the next few days. they'll open some ramps. we'll talk about that more as the day approaches. right now

then he went on to start one of oracle's biggest competitors.ng me, from dreamforce 2014, marc benioff. so great to be here at dreamforce, the largest software conference in the world. how many people are here today? >> 145,000 registered to attend physically. 3 million have already attd

it will cause street closings for oracle. this will an lost traffic off of 80. be sure to find another way around or give yourself extra time. heavy, heavy traffic. the bay bridge toll plaza shows cash paying lanes stacking up and the fast track is clear as we make it from emeryville. >>> with the a's season coming to a dramatic end all eyes turn to the giants and their attempt to advance in the post soap. the wild card matchup is in pittsburgh fans can clear on the team. >> matt? >>> giants fans can get the stadium although the play takes place 2,500 miles away. first though, the wild roller coaster season for the a's ended last night. in the 6th inning, moss got the second home run of the game, giving the a's the heed. from victory, the bull pen gave up two runs and the royals came back with the final hit on the third baseline and the final was royals 9 and the a's has eight. >> how am i feeling? >> not very good. it was a great game. both teams played well and hard. but...the answer is "not great." you want to win. >> it is up to the giants to carry on the ho

what did you learn from oracle's new chief? >> she is hilarious.ut the customer-centric notion of oracle, and i will admit that i steered the conversation in this direction, but i wanted to know about her acquisitions because hundredoverseen about a acquisitions from peoplesoft all the way to micro. we talked about the christ -- price discipline. they look for a hole in the product line and they go out and did on things they -- did on things they think are worth filling the whole. .- hole they can always walk away from the deal, and that gives them the ability to be price-sensitive and not overpay for acquisitions. >> we mentioned acquisitions, acquisitions, for but what else did she say to put it in context of the overall strategy for acquisitions at oracle? >> you talked about other companies are doing, and it was funny. she said the name -- the day she was named co-ceo, this is a woman in charge of one of the biggest companies ever. she achieved this incredible milestone. she is getting phone calls and e-mails of congratulations. her father call