ServiceNow CEO on Earnings, COO Departure

ServiceNow shares jumped as much as 13% on Thursday, its biggest intraday rise since November 2022, after the software company boosted its subscription revenue forecast for the full year. The company also announced the departure of its President and COO CJ Desai after an investigation uncovered policy violations related to a government contract and the hiring of a former US Army official. ServiceNow CEO Bill McDermott joins Caroline Hyde on "Bloomberg Technology."
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