do you see salesforce making more big deals in the near term?damentally, we work backwards from what are the technologies that we need to have to enable our customers to achieve their goals. we always work backwards from the customer and the customer experience. we will always consider either building by or partnering to a call push those goals. that will continue -- to accomplish those goals. that will continue to be our focus. emily: what are the objectives for the developer conference? bret: to really cool thing about salesforce as a platform is we are not just targeting developers. we are trying to make a platform that enables a much broader range of people to have access to these new technologies. this event, happening in san francisco next week, the thousands of people who come here, many of them made a midcareer transition into technology, started outside of the technology industry, and learned for free using our self learning tools like trailhead. by doing so, they were able to actually get a career in technology. what i think is so powe

salesforce -- do you see salesforce making more big deals in that near-term?k backwards from what are the technologies we need to have to enable our customers to achieve their goals? we work backwards from the customer, customer experience, and we will always consider building, buying, or partnering goals.blish those emily: what are the objectives? bret: the really cool thing about salesforce as a platform is we are not just targeting developers. we are trying to make a platform that enables a much broader range of people to have access to these new technologies. this is happening in san francisco next week. here,nds of people come many of them made a midcareer transition into technology, started outside technology and learned for free using our self learning tools. by doing so, they were able to get a career in technology. what is so powerful about that and why this event is so powerful, if you look at the landscape of technology today, societies relationship with the technology industry has really shifted over the past few years. what i am so proud of its sa

we spoke with salesforce's ceo and president. served as facebook's chief technology officer. bret: the landscape of technology is changing more rapidly today than it has in generations. the world's economic forum calls it the fourth industrial revolution. it is artificial intelligence, the internet of things, mobility, the smart watch, amazon, alexa. and for a company like a google or a facebook, where i was previously, we have building -- full of engineers to grapple with those changes, but if you are a 100-year-old insurance company or health company trying to figure out how i provide a customer experience -- helping every company in the world grapple with these experiences. it is really rewarding as a product developer to an parcel many companies to do that. emily: now, this announcement that you have agreed to buy mulesoft, it seems to be a desire to stretch beyond salesforce's core customer relationship management tools. bret: if you think about what it means to transform a company that has -- that was not born in the digita

i think we all it does at salesforce -- it is all about stakeholders.ommunities around us, this includes our society. i think right now, the way i think about it is that these technologies are complex, their impact is very nuanced, how can we include all of the stakeholders in coming up the way to solve these problems? >> that was bret taylor at salesforce. still ahead, we will hear from the blackberry ceo john chen. his thoughts on whether big tex should get broken up. this is bloomberg. ♪ ♪ >> virtual reality was supposed to change the world. it had yet to really arrive. within facing -- let's try to make sure that it doesn't in the new headset. mark took it for a test. >> virtual reality, this was supposed to be the way of the world. it has yet to take off the way hollywood taught as it went. oculus has a vision of facebook trying to change that. their plan, the oculus go. it is the new strategy, it is cheaper at a different approach. unlike headsets from htc, sony and even oculus is i and range, the goal is a completely standalone device. it does ne

how does a company like twitter fit into salesforce?egin towould not present to predict such a thing. as commendable as growth is, they have spent billions of dollars to add to their company in that timeframe. that certainly 80 the growth and we do not really now on a piece by piece basis how the acquisitions have done, how much they have contributed to the growth and how much is organic and very importantly at least to me, whining about something less than 35% growth. he raised the guidance for the next quarter to a limited growth of 20% on the earlier basis. not at least dipping into the teens yet. cory johnson, our editor at large. y'sing up, spotif turf is being closed in on. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity

need to trust someone so they trust salesforce to do the job.e we got a great environment, business is the best it has been for salesforce and for tech in ages but because of what benioff calls the fourth industrial revolution digitization allowed for personization which the customer at a ridiculous level gets to have and sales force is the pioneer of connecting these companies with these people. the ceos who come to salesforce for help, they know it they want to be part of the ohana. my daughter lived in hawaii for a while. it didn't mean family. it meant the yearning enjoy that comes from being in the heart of the community. maybe that's way too ethereal for you, maybe too sentimental, maybe the reality is that salesforce is the right company in the right place at the right time but in a cynical, unsympathetic and realistic moment, i think it is a nice idea ohana per share, i like that stick with cramer. nothing compares to the real thing. experience the command performance sales event for yourself, now through april 2. experience amazing at y

the salesforce endorsement is huge, i have to say.lesforce puts their name and capital behind it, i'm impressed. ultimately why isn't microsoft eating their lunch or why won't they >> or amazon >> google. >> anybody who does it for free. why do you pay you can get it for free, same product for free >> if you have salesforce, to your point, this is not blue apron. if you have salesforce putting their money where their mouth is, it's very hard to bet against this stock blue apron, by the way, closed i think at an all-time low today, right around $2. i don't think that's what this is, though >> especially with the sales force endorsement. >> sorry about your moat you have a great moat at your house. >> hang on the salesforce endorsement, they've bought into this already. they need to say we're going to need to buy some more so we can buy the ipo price so they can get out of it at a reasonable valuation. i'm not sure that's a great thing. >> or maybe this paves the way for salesforce to buy the company. >> why wait? you can get it for the

the salesforce investment is really interesting.current private placement that means at the same time they're doing the ipo they are selling $100 million worth of stock to salesforce. this comes on the heels of an announcement last week that salesforce will integrate dropbox products with the salesforce customer relations management software. they can upsell each other and integrate the products. not only is it a partnership, now it seems that it's clear that salesforce does have some skin in the game with his large stake. it's akin to what we saw with comcast taking a big stake in snap when it listed about a year ago. that happened after the ipo. interesting move here from salesforce pairing up with dropbox financially. emily: we had the ceo on the show last week. this was of course one of dropbox's biggest competitors. i asked him if he is concerned about dropbox. this is a company that's bringing in more money than box. take a listen to what he had to say. >> dropbox's numbers are tale of two types of companies. one is a consumer

the salesforce investment is interesting.ent private placement that means at the same time they're doing the ipo they are selling $100 million worth of stock to salesforce. this comes on the hail -- the heels of an announcement last week that salesforce will integrate dropbox products with the salesforce customer relations management software. they can upsell each other and integrate the products. it seems that it's clear that salesforce does have some skin in the game with his large stake. it's akin to what we sell with taking a bigomcast stake in snap. interesting here. emily: we had the ceo on the show last week. one of dropbox's biggest competitors. if he is concerned about dropbox. it's a company that's bringing in more money than box. tale ofox's numbers are two types of companies. one is a consumer residue -- revenue business. and then about a third of the business-to-business. that's the only part of the business that looks anything like us. our revenue tilts towards midsize companies and large and prizes. agree with

they privately agreed to sell salesforce $100 million in stock.lso announced a reverse stock split for current inside investors, 1.5-1, meaning those investors won't be as diluted. explain what this all means. alex: the dilution is to maintain that the employees in -- and the existing investors hold the rights that they had beforehand. the salesforce investment is really interesting. this is a concurrent private placement. that means at the same time they're doing the ipo they are selling $100 million worth of stock to salesforce. and this comes on the heels of a partnership announcement with salesforce they announced late last week, saying they will integrate dropbox products with the salesforce customer relations management software. so they can basically upsell each other and integrate the products. but not only is it a partnership, now it seems that it's clear that salesforce does have some skin in the game with this large stake. it's akin to what we saw with comcast taking a big stake in snap when it listed about a year ago. but that happened

help the salesforce tower shine. this morning... a southern this morning... a southern california couple insists: they at ikea, we believe that everything you need this morning... a southern california couple insists: they er. had. >> we'll be right back. ikea family members get 15% back when you spend $2000 or more at the ikea kitcheent. at ikea, we believe that everything you need should be within reach. in an affordable dream kitchen that works as hard as you do. ikea family members get 15% back when you spend $2000 or more at the ikea kitchen event. three children in a plywood box in the desert. they say the only thing they're guilty of -- is being poor. erday a san be >>> this morning a southern california couple says they were not keeping their children in a plywood box in the desert. they say they were just poor. yesterday a judge ordered the release of the couple because they don't have criminal records and are not a danger to the community or a flight risk. authorities say that the couple raised their children in this plywood shack in joshua tree wit

. >>> jim spoke with salesforce's mark bennyoffand mark plank last night. two important interviews as we enter the first trading day of march after the first month for the dow and s&p since 2016 and in an hour fed chairman powell will return to capitol hill and appear before senate banking to testify on the committee and monetary policy. markets of course sold off after powell's appearance on tuesday when the upbeat economic comments sparked fears of a faster pace of rate hikes.

this is a $6.5 billion cash and stock takeover by salesforce for mule soft. i know the stock used to be much lower. people will complain it's too expensive. we like takeovers on "mad money. other good news, square, some good news it's back to taking a leadership position and remember those who thought nvidia was rolling over well, neither nor the dog or stock is playing dead. intel continues upward if tech continues to keep acting as a leadership group, let's if micron blows away the thursday thursday we need to see the european commission pledge to look into not act but look into taxes on u.s. companies like amazon and

is salesforce investment really interesting. this is a concurrent private placement, which means they are silly $100 million worth of stock to salesforce and this comes on the heels of a partnership agreement they announced last week, basically saying they will integrate thebox's comments with management software, so they can upsell eachother. not only is it a partnership, but now it seems it is clear that salesforce does have some skin in the game with this large toke, and it is the akin what we saw with comcast taking a stake in snap one year ago. salesforce, pairing up with dropbox financially. dropbox'shad one of biggest competitors on the show last week. i asked him, is he concerned about dropbox -- this is a company that is bringing in more money than box. take a listen to what aaron levie had to say. aaron: one is a consumer business, and that is 60% to 70% of the revenue, and that is consumers like uri using it for professional or personal use. and 1/3 of the revenue is b to b. that is the only part of the business that

up next, salesforce making a 5 $6.5 billion bet on the cloud.etails ahead. >>> and bearing down thousands of flights cancelled as the northeast braces for the fourth major storm in three weeks. we're live on the ground with the latest -- when i say we, i mean not me. when "worldwide exchange" returns. . >>> welcome back to "worldwide exchange." if you're just waking up, let's get you up to speed on the market action. u.s. equity futures are flat to slightly lower the s&p will open down by 2 points the dow jones by about 21. the nasdaq down about 20 points if things hold the way they are now. >>> japan is closed today, the rest of the asian markets were generally lower. the hang seng in hong kong off by a half percent. the shanghai down by a quarter of a percent european trading, similar themes flat to slightly lower in europe with major markets the dax off by a quarter of a percent. the ftse 100 off by a third. >> stocks to watch today, sales force is buying mulesoft for 5.9 billion in cash and stock. the deal values mulesoft at $45 a share. a 3

the salesforce investment is interesting. this is a concurrent plan of it -- private placement.his comes on the heels of a announcement last week saying they will integrate dropbox's products with customers relation management software so they can upsell each other and the great products. not only is it a partnership but it is clear that salesforce has some skin in the game with this large stake. it is a can to what we saw with comcast and snap when it listed a year ago/interesting move with salesforce. week, this was one of dropbox is biggest competitors and they were called pseudo-competitors. i asked if he was concerned about dropbox, a company bringing in more money than box. take a listen. >> the numbers are a tale of two companies, one is a revenue business -- that is end-users and you and i using it for professional or personal use. a third of the revenue is b2b. that tilts more towards small business or teams whereas our revenue tilts towards midsized companies and large enterprises. emily: widget angry with his take that they don't compete as much as we think? alex: cur

not only is it a partnership, but now it seems it is clear that salesforce has skin in the game.is akin to comcast taking a snap.rt of we had the box ceo on the show last week. this is one of dropbox's competitors, pseudo-competitors. i asked him if he was concerned about dropbox. take a listen to what he had to say. dropbox is a tale of two types of businesses and one is a revenue kind of business, users using it for professional or personal use and one third of the revenue is b ti v, that is the only part of the business that looks like bob. towardsnue tilts midsize companies. emily: alex would you agree with his take that they do not compete as much as we seem to think? alex: currently that seems to be the case. dropbox has 500 million registered users and only 11 million are paying. one of the biggest differences is box has a concerted sales effort and dropbox does not. 90% of the revenue comes from self-service, signing up for the products that you pay for and that is the difference. is competing, but it does seem like he and his company have been focusing on the large accou

eoghan: we look at salesforce and there is no one like them.e clearly on their way to the top market cap. all companies, especially really center ofhave a gravity, a foundation. everything they do they have to lead from that place. they were built 20 years ago. businesses that meet their customers in person or on the phone. they will stretch and do things like this, but it will take a newcomer. emily: am i hearing you say you would be open to an acquisition from salesforce? eoghan: you did not hear that from me. [laughter] emily: we hear companies raise high valuations and are not able to sustain them. what is the risk there and how do you assess that risk? raised our first million dollars and a $6 million valuation, i was scared. every time you go out there and put yourself out to the world and tell your best story and set new goals -- it is intimidating. but have always done his focus on customers and products and it will take us to places. emily: do you think we will see consolidation and messaging consumer and enterprise? eoghan: for consum

we look at salesforce and there is no one like them.ially really big ones -- they have a foundation. everything they do they have to lean from that place. they were built 20 years ago. businesses that make customers in person or on the phone -- and it will stretch and do things like this but it will take a new -- fundamental. emily: are you saying you are open to an acquisition from salesforce? eoghan: you didn't hear any of that. [laughter] emily: we hear companies raise valuations and they may not sustain them, what is the risk there and how do you assess that risk? our first raised million dollars and a $6 million valuation, i was scared. any time you go out there and put yourself to the world and tell your best story and set new goals -- it is intimidating. but have always done his focus on customers and products and it will take us to places. emily: you think will see consolidation and messaging consumer and enterprise? for consumers it is better for companies to point to. met for the first time today, hopefully i'm am not wrong, b

you know it is all salesforce.f you get an e-mail from adidas, it is salesforce if you go to a store and talk to a sales rep in person, that's salesforce, we're building a single view of the customer for adidas >> benioff says the company's goal of raising a revenue run rate of $20 billion by 2022 just got more realistic >>> box reporting a narrower loss, first quarter revenue rose in line with estimates, but the forecast for the current quarter revenue is below estimates the stock down some 13%. >>> shares of monster beverage are in the red the energy drink maker reporting higher earnings and revenue. both numbers missed forecasts. >>> kevin plank says 2017 was a transformative year. under armour embarked on a plan to cut jobs, close stores and focus selling directly to consumers through online and own-branded stores plank spoke to jim cramer last night and says 2018 will be one of the most important chapters in under armour's history. bhafrnlgts >> what we want to do is make sure we have a clear understanding. i

sorry, "salesforce tower," but year covered and yes, it's pretty dense out there.his is out view from the transamerica pyramid looking south. here's a look from south tro looking north toward the golden gate bridge. golden gate not an easy drive. here's a view from mount vaca ahead of the sunrise. pretty colors out there but north bay a lot of low-lying valley fog causing near zero visibility. >>> a little fog along the eastshore freeway near sonoma boulevard, highway 29. not too far from here, we are tracking a new accident along highway 29. we'll have a closer look at that coming up in the 6:00 hour. >>> get ready to put your electronic devices down. there's a challenge. today is national unplugging day. the nonprofit group called reboot wants everyone to stop using their phones, tablets, computers, anything electronic, from sundown today through sundown tomorrow. the purpose is to experience life unplugged and encourage people to communicate face to face. today marks the ninth annual national day of unplugging. i think i can do it but i don't think my daughter w

this integrates salesforce's software with dropbox's cloud collaboration. i'm a fan of dropbox and the company and the ceo drew ha houston. can i really recommend something that ran up 40% in its first moments of trading that's the question. what are we willing to pay for the stock of dropbox so let's do the numbers and what we call the comps. at these levels the stock is trading 8.5 times next year's sales estimates and one of yesterday's earned that might sound expensive but it's in line with the other kings of the cloud adobe, salesforce, red hat, splunk, vm wear, they sell five to ten times next year's sales if you try to over value it, it looks higher than the others it means it will take a few years before it makes sense to value the stock on an earnings basis. in short, dropbox is looking like it's one of the kings of the cloud. does it deserve to trade like a cloud king i think so i'd like to wait for a pull back before telling you to pull the trigger, but you know what, i'm not sure you're going to get one. bottom line, look, you need to be careful

taking classes on salesforce free learning platform. >> be building a company to help other veteransget employed as well. no records >> reporter: drought could reach 12,500. executives say it is all about empowerment. >> nobody wants to be automated out of a job. we want to empower everybody to learn these skills the company is hiring for. >> reporter: a community of learners connecting with tech in ways they never thought they would. >>> facebook said it is taking steps to make it easier for people to control their privacy including making data settings easier to find. >> following the debacle, we want to know what you think about deleting facebook. go to abc7news.com/vote and let us know your opinion. you will see a real time result on your screen. earlier we heard from ben goodman vice president of strategy and innovation. he said many facebook users were bli blindsided by the scandal. >> what they didn't think about the secondary use of that data how it could be used beyond their intention. >> recent study found 40% of facebook users don't realize how much they are sharing online

salesforce a major cloud player.t some of the tech ipos that have come forward that are still doing very well following their ipo a lot of them are ones that have business models that involve sort of dealing with tech and storage but some of the kind of entertainment ones that have rocketed well among the best performers here from the nasdaq has been roku. snap is trading below its ipo price, that was one of the big headline grabbers last year but roku very quietly continues to move higher even as we all wonder about what is happening in the streaming space so we're getting closer here still not quite there as the underwriters look to try to get the best price on this ipo >> hey, bob, what's taken so long >> well, this is not easy to price this first off, there's tremendous amount of retail interest here so you have a lot of people going back and forth and down on the floor here what happens in the situation is you've got people waiting at the last minute to figure out where we are so you don't want to get in too ear

caroline: an update on the salesforce deal to buy mulesoft.ny has also raised its 2022 sales goal to $22 billion because of the purchase. will stay on the headlines. this is bloomberg. ♪ caroline: some breaking news uber, the investigation will address operating concerns with the car surrounding the tragic events of a uber autonomous vehicle striking a woman and conquer. the investigation will address driver interaction says is the national transportation bureau and they say they have had investigators and tempe on tuesday collecting information. will have more on that story later. meanwhile, the london-based venture capitalist firm has a fund to help young companies in europe and israel grow. the intention of the fund is to make average investments as much as $30 million in areas such as enterprise software. they are in the tired investment -- and joining us now is a managing partner was been with the company for 18 years, congratulations on the new fund. you have bigger checks to write. what is the sweet spot? >> we are very excited and we t

so from day one, the desire was to build a lasting company, to build a salesforce of cloud security,ake it public, and build a lasting one. that is why we are here. alex: cloud security is a very large market. breakdown for us a little bit more what exactly zscaler does for its customers. >> security is a complex topic. sits today security in the data center. that is because in the old world, employees sat in the office, applications in a data center, and you secured the office in the data center using a castle and moat approach and a drop rate, you when death - through drawbridge - bridge, you went in and out of the internet. it is becoming irrelevant, the security center. tickle you was moved to cloud, and that is what zscaler did. it was built from a clean slate, a platform so that every user of a given customer can have great therience and use applications in the cloud or internet. it is the purposeful design that sets us apart. , with what salesforce did what they did to peoplesoft. we built an application that works for the cloud.we are born in the cloud for the cloud . alex: w

and then you have salesforce and dropbox. their recruitment from black boxes and software onto the cloud, to save money. the buzzword in the technology space right now is artificial intelligence. what are the synergies between a! and the cloud? they are buzzwords. to make ai intelligent, you need data and computing power, which cannot be done on a phone, on a laptop. you can doa done on a phone, on a laptop. you can do a little bit, but more effectively and quickly in the cloud. how important is asia for the cloud. how important is asia for the cloud business? fundamentally, asi said, alibaba and others are doing well, building e—commerce in the cloud, access, storage. it makes sense to have information stored outside of a local hard drive because it can fail. you can get! tera byte because it can fail. you can get! terabyte of storage for less than ten us dollars a month! a lot of potential for the cloud industry going forward. what is your biggest weakness? where do you see yourself in five years' time? we have been their t

we did what salesforce did, with what they did to peoplesoft.ilt an application that works for the cloud. we are born in the cloud for the cloud. alex: when you do things about -- think about the born in the cloud, you have the older tech providers try to push contiguity, the likes of cisco, symantec, emc. you run down the chain and they are all pushing in. but this is going upwards of $4 billion in the next three years according to a number of industry analysts out there. how are you expanding to grab more of that pie? jay: some of the companies you mentioned, they build great products that were designed to sit in the data center. when paradigm shift takes place, incumbents rarely make it across because the technology is needed, they are disruptive and need to be both from a clean slate. just like you cannot take power generators designed for your home use, and thousand of them in a power plant, in a factory, and say i am a power plant. in the same way, appliances built by traditional security companies, what is known as single tenant, they rea

cloud adoption is only just beginning and the kings, adobe, salesforce, service now, red hat, splunk, workday all belong on your shopping list where you can do buying. the kings of the clouds have just been anointed i am watching the thrown and sitting down with ceo splunk to see how the company has been able to continue its move higher i also have workday on deck to see if it is going to run again. it sure did after earnings and all your calls, rapid fire and tonight's edition of the "lightning round." stick with the kings and stick with cramer. hi, i'm joan lunden with a place for mom every day we hear from families who partnered with a senior living advisor from a place for mom to help find the perfect place for their mom or dad thank you so much for your assistance in helping us find a place. mom feels safe and comfortable and has met many wonderful residence and staffers. thank you for helping our family find our father a new home. we especially appreciate the information about the va aid and attendance program. i feel i found the right place. a perfect fit. you were my angel and

. ♪ caroline: salesforce has agreed to buy mulesoft for $6.5 billion.hares surged 28% on tuesday following the report the sale was imminent. clients getelps content on the cloud. they sold .711 shares of common stock for each mulesoft share. we continue our coverage of the fallout from the misuse of facebook data. there are reports of what data cambridge analytica hat and how it was used continue to pour in. our next guest is someone with a insider perspective of how facebook operates and just published an article for wired and calls into question the effectiveness of something called psychographic targeting. antonio, wonderful to have you on the show. we had some bragging coming from the now suspended ceo of cambridge analytica saying we did all the research and all the data and all the analytics and targeting. where does this leave facebook data? in the techa saying world, just because it does not work does not mean you cannot sell it to read i don't quite buy it. the reality of psychographics has been used for a while and it is a decades old practice

actually, salesforce, actually, they have been trying to have discussions directly with other funders that have historically funded the district as a higher dollar amount, and they are trying to convene their own funder groups to see if there can be more investments done. [please stand by for captioner switch] students. >> superintendent you want to respond? >> you asked about different districts. having come from previously san jose in the middle of silicone valley, the port here is far more than we were able, not close. i'm not sure what it is. we were able to get far more here. a big part is i had the conversation the district in san jose came together. there are 23 district this is the city of san jose to make these requests. we are running up against a brick wall. the ways we saw small investments happen is when they began to talk to each other. it wasn't anywhere near the size that we have here. that is at least how small that was. they hear each other and listen to each other. the group was talking to them to say this is what we are doing. they just don't hear it from us. thank

salesforce announced today that the software maker meals soft for $6.5 billion.s soft makes software that integrates applications, databases and devices. salesforce ceo says the acquisition will allow its customers to more easily connect the information across all sources both public and private. >>> amazon shares serve more than two point serve more than 2.5% today and that was enough to make amazon the second most valuable publicly traded company in the united states. google parent alphabets drops to number three, apple still holds the top spot if current trends continue, amazon could become the first united states company worth $1 trillion sometime in august.>>> a pastry chef has gotten a big assignment, clear protect will make the case for the upcoming royal wedding of vince harry and megan markel. she joined us a couple of years ago promoting her book the violet bakery could named after her bakery in london. the chef has been asked to create a lemon elderflower cake that incorporates the flavors of spring for the may wedding. the cake will be covered with bu

we got a whole list of guys that are great. >> are you pitching their 401(k) at salesforce?uck robinson at cisco is fantastic. we got some great people in the valley >> who don't you like? that's a much narrower list. >> oh, there's people out there not doing the right thing. >> maybe one day you'll tell us. come back over gold is trading at its lowest level in the ♪ trades next. wi'm really grateful that usaaq. was able to take care of my family while i was overseas serving. it was my very first car accident. we were hit from behind. i called usaa and the first thing they asked was 'are you ok?' they always thank you for your service, which is nice because as a spouse you serve too. we're the hayles and we're usaa members for life. see how much you could save with usaa by bundling your auto and home insurance. get a quote today. this is a tomato you can track from farm, to pot, to jar, to table. and serve with confidence that it's safe. this is a diamond you can follow from mine to finger, and trust it never fell into the wrong hands. ♪ ♪ this is a shipment transferred two

salesforce is one of them. it's interesting because the ceo of salesforce said he actually thought he was paying people equitably and it was a couple senior women who approached him from his own company who said you are not and it prompted him to do a gender wage gap analysis in the company and it cost him $3 million is another the next year end it cost another $3 million. so there is, there are companies doing this, but not enough of them. i would love to see more of it happening. it's now happening in the uk. the uk recently, allowing an effect where large companies do need to do and report their gender wage gap. what's interesting is i spoke to one of those companies, the big consulting firm and they decided to get ahead of the uk law and what they found was they were crunching these numbers internally. they are ready knew what the numbers were but they found when they fed them publicly, it created such momentum, highly motivating for them to really dig in and understand why they had the gap, where the stick

focusing companies like google or microsoft with its office suites, they have had to build up a salesforcend build out their marketing team to sell the newer enterprise product, whether that is cloud or other tools that you compete with. is a sales team in your future? right now, you don't depend on that for money coming in. at what point with a view to pinpoint where you say we need sales folks to sell into the sea suite? greatuston: we have a sales team, but what we are to do is a really efficient. we have had to of businesses actually using dropbox so we are able to get a lot of leverage because our salespeople are really talking to companies and talking the cios who already have a ton of dropbox adoption. we end up spending about half as much on sales and marketing as a percentage of revenue is the typical company. alex: that's how you intend to operate. mr. houston: we have 500 million salespeople, because they bring dropbox to work and the skilled came from our consumer groups and the viral nature of how we grow. alex: talking about would market investors before you sold the shares,

shares of herbalife up 6% today to >>> and after the bell, salesforce rorted earnings and sales that edged past expectations. the cloud computing com gave stronger than expected guidance for the year and hiked its forecast for fiscal 2019. shares volatile in the extended session. they ended the regular day down 22 cent at $116.24. >>>il priceell today but they are up 14% over a one-year period and they'rexpected to keep climbing. since gas pricesw closely fol oil prices, that could cause ilin at the pump. how high they go and what does that mean for households and the economy? patrick dehan is senior petroleum analyst at gas buddy, welcome, patrick, nice to have here. >> thanks for having me. >> why are prices moving higher at the pump? is it seasonal? i know we see it in the spring but isre more to it than that? >> there is. unfortunately this isn't just as simple baseball season coming. lot of this ahas to do with seasonal maintenance at refineries over the country. more expensive summer gasoline adds to the cost. those two pressures, combined with oil prices that you m mentioned a

. >>> moving along breaking news on salesforce, josh lipton, what's going on there?sthaert big news from mathe company to acquire mule soft. the price tag is $6.5 million. mulesoft for connecting applications its customers include everyone from coca-cola to barclays they say will power the new salesforce integration force saying it will enable customers to connect all of the information throughout their enterprises across all public and private clouds again, this news just crossing salesforce buying mulesoft for6.5 billion back to you. >> mulesoft's up 3.5%. they were up big in the session when reuters reported these talks were under way. >>> it's official now. let's get to some other big stories in our rapid recap >> facebook under fire the fallout grows from that massive data scandal. >> reporting facebook will hold an emergency meeting with employees later today to discuss the fallout. >> this is about power when you have too much power, this is what happens >> we are unbelievably outraged and beyond disturbed at the allegations that data was misused or our polici

not going to be in the corporate social responsibility departments of, you know, the facebook and salesforcesf the world. >> that's why this is a good conversation to start to have. there's a lot of reading and writing out there on the concept of universal basic income. it goes by different names. it's worth thinking about. this is a worldwide problem. we are finding ways to get more out of people for less work. so there may come a point, we showed it earlier, by 2030, net/net, the world will have lost 800 million jobs. we're not gaining more jobs. we're able to produce more and put more out there without employing more people. we should think about it. >> a quick social element, we talk about how angry people are in this country, the discord. much of that comes from hopelessness. if you're part of the population that lost your job and your job hasn't come back, you're not seeing these programs put in place, but you feel like who cares about me, who is going to help me? the good news is the conversations are happening. it's time to get things moving. >>> coming up, we couldn't talk about a co

here's the view of "salesforce tower."ps trying to mess with our camera lens. we'll have moderate to heavy rain, then this afternoon thunderstorms. we'll have gusty conditions out there. we are seeing lines of strong precipitation. we'll zoom into some of the spots coming up. >>> right now we are tracking the usual crowds developing out

here's the view of "salesforce tower." you can see those raindrops trying to mess with our camera lens. we'll have moderate to heavy rain, then this afternoon thunderstorms. we'll have gusty conditions out there. we are seeing lines of strong precipitation. we'll zoom into some of the spots coming up. >>> right now we are tracking the usual crowds developing out of tracy, westbound to 580 slow until you get into livermore then things start to pick up about a 25-minute ride to 680. but then you are slow going again because we have an accident along westbound 580 into castro valley. currently it's blocking all lanes. chp is going to be running some traffic breaks to try to allow cars to get through that stretch but in the meantime, we are seeing a big backup develop so just a heads up for drivers who plan to head through castro valley. plan for delays and leave a little early. back to you guys. >>> a shootout at a busy san francisco intersection sent dozens of schoolchildren and pedestrians ducking for cover. a police office