emily: viacom's ceo there. coming up, softbank's massive fund makes its first ever energy storage bet. we find out what energy vault is with the ceo. this is bloomberg. ♪ emily: softbank's massive vision fund made its first ever energy storage that monday -- monday,torage bet investing in energy vault. this company stacks concrete blocks in a tower that can store and release energy. it is presenting it as a solution to lithium batteries, claiming it can supply electricity to the grid 24 hours a day. to discuss what this means for the energy storage market, i sat down with the ceo. >> we have designed an innovative new system tower. it includes a six arm crane and 35,000 metric ton bricks that that are all orchestrated with proprietary software stack, so that is the whole system integration. we take excess energy from solar or wind when it is produced and not needed. that energy is used to raise the blocks, and when the energy is needed by the grid, we lower those blocks and discharge the energy. emily: how wi

cbs and viacom finally inked a merger deal. we will talk to viacom's ceo about synergies and the road ahead. what slowing economy? chinese online retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. first to our top story, it was a big week for tech ipo's with fleet work and cloudflare filing to go public. the web security company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. three alleged gunman posted manifestoes on 8chan before three separate mass shootings in the united states. cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform off-line. so, is now the time to go public for cloudflare? i discussed it with liliana baker and will curtain. >> like many other tech ipo's, especially in software, it is not profitable. it has a pretty good growth rate though. it's really trying to look at its competitor, fastly. fastly went public earlier this year and is doing ok.

us entertainment giants cbs and viacom have announced that they have finalised their merger plans. the new company will have more than $28 billion in revenue and comprise brands including mtv, paramount pictures and publisher simon & schuster. they will be latest in a wave of media mega—mergers as traditional media giants take on new streaming rivals. india's smartphone market saw record sales in the second quarter. almost 37 million handsets were sold between april and june, up around 10% on the same time last year. the us airline safety regulator has banned certain models of apple's macbook pro laptops on flights, after the tech firm recalled select units with batteries that pose a fire risk. the 15—inch models were sold between september 2015 and february 2017. the federal aviation administration says it has alerted major airlines about the recall. so let's check in on the numbers. shares on wall street and in asia rallied pretty sharply after the united states announced it's delaying imposing new tariffs on some chinese imports until the middle of december. let's go to our

. >> let me get your thoughts on another story that was vesting that of cbs corporation and viacom announcing they're once again reuniting. they're part of the same company. g. they're part of the same company. a lot of the competitor in this media landscape, the parent company, these are huge, huge firms spending a huge amount of money on content. shari redstone, she's wanted to bring these two companies back together for quite some time. she now looks like she will succeed in doing that. she seems to think that scale is strength. if you them. and joining these two companies together will bring her a lot more scale. they will have paramount studios, and they will with refocussing, redoubling their efforts on streaming. that will be a big part of the multimedia platform. >> so hard to imagine that it was 13 years ago that netflix was sending us dvds in the mail. >> willem still has a dvd player. that's his mode of preference, right. >> true story. >>> axios has a look at this morning's one big thing. >> and the ongoing protests in hong kong boil over as demonstrators and police come to violen