interview earlier with the slack ceo stewart butterfield. more of that conversation coming up later. a blockbuster quarter beating estimates as the work from home quarter extends around the world. we will hear from the ceo about what he thinks the tailwind will mean for longer-term growth. this is bloomberg. ♪ docusign has benefited from the digitization of signatures and agreements that came with remote work. the company reported strong third-quarter results sending shares up 12%. joining me to discuss whether the growth sustain post-pandemic is dan springer. we are nowhere close to being out of this yet given the latest stay-at-home order in san francisco. i know you live in san francisco. your office is in san francisco. what is your reaction to this new order and things perhaps getting worse before better? >> it is hugely disappointing. 5000-plusgn's employees have been working from home since march. we would love to get back in the office. given the situation and health risk and situation with hospitals, i think it is prudent to be caut

talk about a pot stock, stock shares nearly doubling in 2020 but how did ceo stewart butterfield get software giant salesforce to throw down a more than 50% premium on the messaging platform just a week and half ago, he's going to tell us in just a few minutes right here on "the claman countdown". forget the painful nasal swabs as were about to show you the new device that could make testing for coping as easy as breathing, the closing bell ringing and 37 minutes, up 178, "the claman countdown" is coming right back. ♪ a must in your medicine cabinet! less sick days! cold coming on? zicam® is clinically proven to shorten colds! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam zinc that cold! i do motivational speakingld. in addition to the substitute teaching. i honestly feel that that's my calling-- to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people sa

coming up on bloomberg markets, stewart butterfield.ill talk about happened this week with salesforce. this is bloomberg. ♪ . this is bloomberg. ♪ it's down to the wire, the team's been working around the clock. we've had to rethink our whole approach. we're going to give togetherness. logistically, it's been a nightmare. i'm not sure it's going to work. it'll work. i didn't know you were listening. - hey. - [narrator] she takes two prescriptions. kate's son jack, takes one too. kate works hard, and thought she had good insurance. but she still pays too much. that's no good. so kate downloaded the goodrx app. now she can compare prescription prices, to find the best discounts. she even beats her insurance price. good for you kate, good for you. goodrx, stop paying too much for your prescriptions. download the free app today. >> i think they are getting very close. i want it to happen. i believe that they are getting very close to a deal. i will. i will absolutely. ask me that in a number of weeks from now. they should be looking at all

just a few minutes, we're going to ask slack ceo stewart butterfield which ones and of course we'll digtion of slack a few headlines to catch you up on right as we head to break apple is planning to ramp up iphone production in 96 million for the first half of 2021 according to nikkei asia news service, citing salesforce that apple shared with suppliers. 30% increase over the same period in 2020 and the federal reserves open market committee set to begin a two-day meeting. we will, tomorrow we'll get the latest policy statement and a news conference from fed chairman jerome powell we've got that going for us, which is nice. stay tun, u' wchg "squawk box" on cnbc >>> welcome back to "squawk box," earlier this morning the fda released a briefing document for thursday's big panel meeting on that vaccine. meg tirrell has been digging through the materials and joins us now meg. >> hey, andrew, there is a lot of information from the fda's analysis of the moderna vaccine. we are still digging through the 50-plus page document. here are a few key details to bring you. in terms of safety, they d

some trivia for you though i guess not so trivial for a guy who made billions, stewart butterfield, the creator of slack, is also the co-creator of the photo website flickr. as a young boy he lived in a log cabin in canada without electricity or running water. there are all kinds of things coming out of washington including a bribery investigation and even death threats. we'll talk more about that as we talk politics in half an hour. startling news out of white house this morning, the president says he'll photo the national defense authorization act unless the rules are changed for twitter and facebook and youtube. the rule is known as section 230. the president says he'll veto the defense bill unless congress removes the legal protections from the websites that give them immunity for what people post. he posted that to twitter last night. the defense authorization act sets funding for army, navy, air force and marines. funding levels. a different bill actually provides the actual money. now section 230 protects companies like twitter if you say something, for instance, slanderous about

coming up, slack ceo stewart butterfield at 2:00 new york, 6:00 -- 7:00 in london. bloomberg. now.berg first word news the rebound in the u.s. labor market slow down last month. employers added just 245,000 jobs in november, well below estimates and indicates a surgeon coronavirus is curbing the economic recovery. to 6.7nomic rate fell per -- the employment rate fell to 6.7%, but so that the rate of americans participating in the labor force. the chances are now higher for a deal on a stimulus package by the end of the year. the bipartisan plan endorsed by democratic leaders and debated for negotiation is now getting more interest from republicans. calls for spending $908 billion. that is less what democrats are calling for and they say it is a starting point. turns outrned -- it pfizer scale back its coronavirus target earlier this year. problems getting materials to produce a shock on a large scale. pfizer plan to produce 100 million doses by the end of september. -- december. now estimates it will make more than half that amount. global news 24 hours a day, on ai

for now, stewart butterfield will remain ceo. back to you. >> dee, thanks for that. crossing the tape as well hpe and box. josh lipton has both for us. >> hpe revenue $7.2 billion. turn to the forecast, q 1 they are looking for between 40 and 44 cents street was 35 cents. for 2021 they raised their eps guidance to a better than expected 1.60 to 1.78. had a chance to catch up with the ceo. i wanted to talk to him about a few things he is selling a lot of products to a lot of customers around the world. he says hpe sees a good deal of certainty but cities customers still need to upgrade specifically they are intelligent edge business, networking hpe is gaining share and sees steady income momentum they are also relocating headquarters from san jose, california, to houston, texas. telling me houston is a strong market to attract and retain talent especially on the non-technical side the new camp us in houston will be nearly four times the size of the silicon valley campus, the silicon valley campus will remain he says an innovation hub for hpe. no layoffs socialed with

i think what you will want to do to keep stewart butterfield happy, the ceo of slack, to keep the staffo keep betomers happy is let slack slack and not feel like you have to fold it into every piece of software at salesforce. you want to keep its distinct personality, and that is executives are saying. you don't want to create something that's going to get folded into the salesforce board . remember that salesforce had its own sort of comparable workplace productivity chap called chatter. people just have not been thrilled with it. i have not used it, but we talk to people, we read the responses from people. chatter did not evolve, nor did it resonate. recognized that people are looking for a way to communicate, to collaborate in .n efficient way he recognized that this is a product that works. at the same time, you have to look at why did this happen now? if slack is so great, why did this go out? remember a couple of years ago, amazon was looking at slack. almost every big company at one stage or another has looked at slack. why did slack pulled out as long as it did? i think you are

the european commission, alleging anticompetitive behavior speaking of microsoft, slack ceo stewart butterfieldthe verge they are preoccupied with killing us no doubt butterfield is right to sound nervous. teams is now the dominant force, growing from 32 million daily active users at the beginning of the pandemic in march, to more than 115 million in october. back to you all. >> josh, that growth in teams is so dramatic over the course of the pandemic i have to ask, though, when you look at microsoft's market share in the area that salesforce dominates, it's so much smaller. do you see microsoft either investing dramatically in that space, or making any acquisitions to compete with salesforce's bread and butter? >> right now salesforce has about 20% share, that's according to the latest data i certainly think it's possible that ceo nadella sees that as a growth opportunity when you look at the strategy, you can see why some are excited about it they look at salesforce and see a big cloud portfolio and now you move into communications software, too, with sales and marketing muscle maybe you grow

was stewart butterfield speaking to emily chang.t financial firm to consider transferring to florida. a stringman be joining of prominent financial names going south? >> it looks like they are exploring the possibility. the sunshine state has a lot to like. the warm weather, lower tax and living costs and it is a big difference from the heavily covid-impacted city of new york. bloomberg has learned that goldman's success in operating remotely as persuaded its leadership team that they can move more roles out of the new york city area to save money. goldman set the aggressive goal of saving over $1 billion this year. they have started moving some to dallas. they may continue to do that and designed to keep their asset management division in new york. we are told by sources that they are scouting office space north of miami for the asset management division which brings in $8 billion per year. , often aions trendsetter for the industry, adds to the cloud for new york's future. haidi: japan and south korea open at the top of the hour.

stewart. we're so excited >> that is benioff and butterfield making the announcement yesterday, jim, as we're of these demonstrations and presentations in a covid world. >> i just think people didn't bother to read what stewart butterfield was saying go over some figures, slack connect, last four quarters of growth and connection, 140%. 160% 200% 240% i mean, that's viral and i've got to tell you, when i read that, i think that did anyone even bother to notice how strong slack has come on, except for maybe satya nadella. david, you cannot look at slack in a static way. it is doing incredibly well. it can do three times that, i believe, with salesforce, this was not some acquisition of some failing company. the company was taking very big business this quarter, and i don't know a soul who bothered to look at how it was doing. >> what are you reading there? >> notes >> okay. >> what? >> i can -- >> you're allowed. i do it all the time. >> it is noted >> i got you just checking. you do that to me every day. we won't talk about all the acquisitions sale for s salesfos done and they put up big num