hans vestberg, thank you for joining us this morning.t to start off on a relatively small part of your business, one that seems to get a lot of attention here at a communication/media conference, oath tim armstrong, the man that run it, put it together, aol, yahoo, many of the participants when they talk about it, the simple question, is it big enough, does it have enough scale, or do you need to sell it or buy more? >> i think first of all, happy for the asset we have. the executive team put this together we had a lot of different assets put together we have our channels which we're proud of everything from sports to finance. we have just developed an ad tech platform all over the organization and also it is a lot of great confidence that's important for the verizon brand. ai, data centers, i think this is an important asset for us the team put it together we're doing a good transition as usual. verizon planned well we feel good about it. important asset for us both a leverage internally and external sort of asset we can use. >> you fee

hans vestberg.od luck on saturday >> thank you. >> the concert comes up on saturday september 29th right here in new york city. there's some of the headline of who you can see here. >> that's on our sister station. >>> amazon heads for home. the internet giant going beyond the smart home into a company that actually builds them. houses, that is. we'll speak to the president of the national foreign trade council. and we've got a lot more with e e.ths.c. commissioner in a little bit back in a minute we're putting ai into everything, and everything into the cloud. it's all so... smart. but how do you work with it? ask this farmer. he's using satellite data to help increase crop yields. that's smart for the food we eat. at this port, supply chains are becoming more transparent with blockchain. that's smart for millions of shipments. in this lab, researchers are working with watson to help them find new treatments. that's smart for medicine. at this bank, the world's most encrypted mainframe is helping p

. >>> coming up, an interview you won't want to miss verizon's new ceo hans vestberg joining david frome. quk t see wl be right back dove's gains have been cut in half, still up 90% don't go away. today. a top technician calling the stock a dead man walking find out why at tradingnation.cnbc.com >>> welcome back to street -- sidewa "squawk on the street. we had two banks meet. any observations >> i think this went along schedule bank of england didn't do anything ecb didn't change rates but are reducing asset purchases widely expected as they moved into -- trying to move more to normalization phase. >> i got you mr. carney has to deal with brexit issues as we move to 2019 my big question is i think divergence is a big issue for 2018 do you think the fact the two central banks and bank of japan are behind on normalization compared to the u.s. that it will underscore more divergence of our economies >> i think it will i think the fed is getting near a tipping point. at this point the fed is removing excess accommodation, not tightening going into 2019, there will be 2.5% i would expect. a

. >> more to come, of course coming up on this topic tomorrow, teleco ceo verizon hans vestberg joinsley" at 11:30 a.m. coming up neck, we'll be back with the closing countdown four and a half minutes left to trade. 's all so... smart. but how do you work with it? ask this farmer. he's using satellite data to help increase crop yields. that's smart for the food we eat. at this port, supply chains are becoming more transparent with blockchain. that's smart for millions of shipments. in this lab, researchers are working with watson to help them find new treatments. that's smart for medicine. at this bank, the world's most encrypted mainframe is helping prevent cybercrime. that's smart for everyone. and in africa, iot sensors and the ibm cloud are protecting endangered animals. that's smart for rhinos. yeah. rhinos. because smart only really matters, when we put it to work- not just for a few of us, but for all of us. let's put smart to work. ♪ ♪ wake up early, o. ♪ slap on some cologne ♪ i'm 85 and i wanna go home ♪ ♪ just got a job ♪ as a lifeguard in savannah ♪ ♪ i'm 85 and i wanna go