announcement of cs-viacom today after the bell or tomorrow morning. charlie gasparino is reporting on that about a possible deal. adam, paul, are with us. charlie is trying to dot the is and cross the ts as what role joe ianniello plays at the company. assuming they announce a deal, is there larger strength with the company in the landscape, cbs and viacom? what do you make of it. >> there is a strength in a combined company. it is about selling content or buying content and that's what we're seeing here. one of the takeaways on this one, when you look at one of the reasons why i think it took so long to get the reason done, the stock deals in the market today, today we saw all facets what i've been calling the vortex of volatility in action today. and doing stock deals in this environment is just extremely difficult. i think today was the ninth consecutive day the s&p 500 had a 1% intraday movement. those movements used to be few and far between. it is almost like a daily occurrence. stock deals like this will be more the new normal. connell: that is

more details about the cb- cbs-viacom deal. a filing said they would have to pay cbs2 50 million-dollar termination fee. cbs would pay viacom termination of 560 million. we'll big through that. more breaking news and headline about that particular acquisition. there you go. >>> escalating crisis in costa rica. tainted alcohol, why health officials are sounding the alarm about that. that is coming up next. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) ... announcer: only fidelity offers four zero expense ratio index funds directly to investors. and we have zero account fees for brokerage accounts. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a

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.