s bill mcdermott and qualtrics' ryan smith.r about a drop in the faang stocks. i think we're adding apple back in and don't miss david faber with the ceo of general electric larry culp that's live at 9:00 eastern. stay tuned you're watching "squawk box" on cnbc [ phone rings ] what?! ready for christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters by saying "get grinch tickets" into your xfinity x1 voice remote. a guy just dropped this off. he-he-he-he. >>> welcome back to "squawk box. big deal this morning. s.a.p. buying qualtrics for $8 billion in cash. qualtrics was named a cnbc disrupter last year and planned to go public this month. joining us now on cnbc first interview, bill mcdermott and ryan smith we thank bot

amanda: sap ceo and ryan smith about the sap $8 billion deal to buy qualtrics. it's great business move for both. a listen. >> let me give you the details on the price. 13.5 times 2019 revenues which is consistent with the high profile cloud companies in this environment. one.s number number two, they're growing at basis.a year over year cloud company that's growing. sap is also growing. by business in the cloud 40%. if you combine two 40% companies. is the fastest growth story in the enterprise application cloud.e industry in the let's add one other thing, ryan has 9500 customers, sap got 450,000. we're operating at 193 countries the world. 22% of his revenue is outside u.s. like that growth fuse all over the global economy and see what you get. to market in 25 industries. the business case can be achieved with ryan just maintaining his constant growth rate out into the future. -- sap doing the same. on the analyst call, i told them, we're going to be the growing business over company to world in the cloud number one. us for double digit revenue growth. number

i want to a knowledge ryan smith, his brother, his father, people.s of the class i went into this with and this culture. at any price this is the best asset in the world and i could not be prouder. david: it is not easy to get these big deals done. mcdermott, sap ceo and ryan smith, qualtrics ceo. alix: the future of money where we take a look at different aspects. our focus is on a company working to bring crypto currency communities. the company partnered with grassroots economics, the first ever digital currencies to fight poverty in kenya. , bancorp as director of community currencies. also joining us let's break down what we are really talking about here. basically if i'm an entrepreneur in kenya and i want to sell my vegetables you're giving me the currency to do that. break down what you're doing. communities telling and entrepreneurs they are able to use their own production as the basis for creating a currency or token and put those currencies on entire market across the nation. for the first time in the block chain itself we had the ability to connect tokens together and back

do it, mullens trying to make magic with the deep ball intended for pettis but gets picked off...ryan smith much summed up the way the day went for the niners...john lynch feeling the heat after the events of the day...so the final score...tampa 27, san francisco 9...the fewest points the bucs allowed all season, they'd been giving up more than 30 entering the game... as for the raiders...no off the field distractions that we know of...jon gruden's club hoping to build off the momentum of last week's win as they took on the ravens in baltimore...the silver and black got jordy nelson back this week....the wide receiver was out with a knee injury.....>2nd quarter .....the raiders up 7-3......until this......cyrus jones fields the punt....he finds a lane and gets to the near sideline....he picks up a few blocks and takes this one to the house....the ravens take a 10-7 lead.....>third quarter....same score...and carr finds jared cook...acrobatic catch for the touchdown....cook has been the raiders best player this season.....>now here's a familiar face raiders fans..... lamar jackson finds mich

emily: sap ceo bill mcdermott and ryan smith. coming up, sizing up singles' day.'s record-breaking day came with some warning signs. later in the program, we will speak to the ceo of micron. his company is the latest epicenter of the u.s.-china technology dispute. this is bloomberg. ♪ ♪ emily: this is "bloomberg technology." i am in half moon bay at the techonomy conference. alibaba posting record sales during singles' day. it was a 27% increase from the tally in 2017. while this is a record, we should note that growth slowed from 39% last year. jack ma plans to step down at the end of the year. for more i want to bring in kevin carter and bloomberg tech's selina wang. , walk us through the numbers and the most significant things to look at. >> we saw $30.7 billion in merchandise sales, a 27% increase, which is still quite impressive given that this is the 10th anniversary of this huge shopping bonanza. that is significantly slowed from the growth last year. we are looking at growth merchandise volume. what that number tells us is the total amount of orders put to

do it, mullens trying to make magic with the deep ball intended for pettis but gets picked off...ryan smithnd that pretty much summed up the way the day went for the niners...john lynch feeling the heat after the events of the day...so the final score...tampa 27, san francisco 9...the fewest points the bucs allowed all season, they'd been giving up re than 30 entering the game... as for the raiders...no off the field distractions that we know of...jon gruden's club hoping to build off the momentum of last week's win as they took on the ravens in baltimore...the silver and black got jordy nelson back this week....the wide receiver was out with a knee injury.....>2nd quarter .....the raiders up 7-3......until this......cyrus jones fields the punt....he finds a lane and gets to the near sideline....he picks up a few blocks and takes this one to the house....the ravens take a 10-7 lead.....>third quarter....same score...and carr finds jared cook...acrobatic catch for the touchdown....cook has been the raiders best player this season.....>now here's a familiar face raiders fans..... lamar jackso

they're trading down 4 mers percent in germany sapc bill mcdermott and ryan smith will be on cnbc this morning. just the latest blockbuster software deal. >> frank, thank you very much. we'll see you in a few minutes. >>> staying with deal news athena health has agreed to be bought by veratos capital and elliott management for $5.5 million. it's 135 a share will normally ly owns it meantime, aptio is being bout by vista partners the deal values them at $38 billion a share. that is a 53% premium. imperial brands are lower in london today this in response to a wall street journal report that the fda may be set to impose a ban on all menthol cigarettes. bat makes newport cigarettes through its r.j. reynolds unit while imperial is the menthol brand. >> a big breakfast alert. kournl sa colonel sanders and mrs. butterworth are teaming up as everybody rightfully buzzing. stick around ♪ ♪ it's the longevity economy - americans 50+ driving 7.6 trillion dollars... of economic activity every year. right before our eyes, aging is unleashing exponential growth... ...in every industry. are you ready

smith got blasted on that play. back to the 4th quarter, atlanta up 31-14. matt ryan, julio jones, are you like me? did you start him in fantasy football? if you did you're happy. jones' first touchdown since last year. >>> the dubs back at it tomorrow night against the memphis grizzlies, the third of a five-game home stand. coming up tonight on game day, forward alfonso mckinney joining me. he had quite the stops along the way, luxembourg, mexico. but that's not what made the homecoming so special. >> i started today, signed off on documents to get my mom a house. >> man,atta boy on that one. buying your mom a house. >> that's probably one of the best moments, you know, ever to me. that's something that she wanted and that's something that she's been wanting, so for me to be able to do that is the ultimate blessing. >> boy, you get a warrior in studio, these days, the rock stars they are, that's really saying something. from raymond ritter productions. >> yeah, you said it was hard to get him through the door! >> yeah, he's 6' 8! >> and how do you have a flip phone? >> i'll try and explain in 10 s

think it's helpful when you have the security secretary ryan zincy blames us on environmental terrorists. >> republican incumbent senator cindy hyde-smithoiled in controversy over things she said. she said there were jokes. not great audio, but what she said was in one reference she was talking to politicians if you invited me to a public hanging i'll be on the front row, and another she said they remind me maybe we don't want to vote, maybe we want to make it a little more difficult and i think that's a great idea. "the washington post" has reported her lead is narrowing. >> mississippi was a seat along with arizona and montana that republicans thought they were going to win on election night, and they didn't win the two, not much in arizona and now they have a runoff in mississippi. it really feels like a runoff in alabama. mississippi 37% african-american. i think if epsy doubles down he could actually win this, and this is amazing to say about mississippi. i do want to say one quick thing, there's a dark history of lynching in mississippi. and what she said is sick, it's like what the naacp said, more than 600 riverings were recorde

ryan reynolds saying, thanks for everything. andronman act robert downey, jr., saying i owe it all to you. >> here's nbc's harry smith on lee's lasting reporter: stan lee was the man. he created o co-created most the roster of marvel comics pantheon of superheroes. ider man, the hull being, the fantastic 4. x man, ironman and more. each a kind of outsider with a very believable inside. >> it's no fun reading about somebody who is perfect. you want to read about peopleth you can identify with because we've all got problems and we've all -- we're all awed. >> reporter: marvel comics started in the early '60s. lee and hisat collabrs were risk take, writing their characters far beyond the range of their comic book rivals. the brand would grow so attractive, disney purchased it. in 2009 for $4 billion. >> enough of this. >> reporter: and since then, marvel movies and franchises have dominated the superhero world. i >> my t is your time. >> reporter: lee,e l alfred hitchcock, put himself in many a film. >> stan lee. r orter: and in the end, lee couldn't help but marvel at his success. >> i still sometimes have trouble b believing itause al

smith connects with josh docts on everyone's favorite, the fad. rou the redskins get on the board. but the problem is the falcons they do suing drive, this. matt ryan to calvin ridley and the rookie sensation does the rest. a 40-yard touchdown before the break. redskins down 21-7. t he fourth quarter, once again trying to mount a comebackgs when thinike this happen, you know it's not your day. they can make the catch. he gets thes and sepgs on the deflection and the falconns cas in the turnover. matt ryan, julio jones, jones one of the be in the nfl. but hasn't scoredo a thdown since week 12 of last season. thatto changes day. 35-yard touchdown, redskins fall, 38-14. >> they taught us with our pants down and hit us in the mouth. it's really going to separate guys and show their true character. >> we definitely had our chances, but you can't give a aarterback like matt ryan that many looksnd that many chances. we didn't do what we were supposed to do. >> really losing some momentum on those drives and they really ihurt us. t was a bad game, but it was one me. and we just can't let that happen again. we have to get the film going tomorrow to see wher

nancy hyde -- cindy hyde smith, i should say, the senator from mississippi in her bid for re-election. a reminder to vote in tonight's poll. the question, do you think paul ryan'sty to the chamber of commerce, the koch brothers, the business round table and wall street will once again stand in the way of funding for president trump's border wall? we'd like to hear from you. cast your vote on twitter @lou dobbs. tomorrow, congressman matt gates, andy biggs as well as kellyanne conway. be with us. thanks for joining us. good night. trish: breaking right now, migrants finding new ways to beat the system. homeland security tells us the number of men showing up with kids at the border has spiked 110% in just the last two years. the left continues to insist that the migrants are primarily women and children. we have a live report from tijuana in just moments. and new this evening, we are learning customs and border patrol is saying that its personnel have been using tear gas since 2010. what do you know? a total of 126 times since 2012. that means it was used dozens of times during the obama administration. of course, you doesn't

nancy hyde -- cindy hyde smith, i should say, the senator from mississippi in her bid for re-election. a reminder to vote in tonight's poll. the question, do you think paul ryan'soyalty to the chamber of commerce, the koch brothers, the business round table and wall street will once again stand in the way of funding for president trump's border wall? we'd like to hear from you. cast your vote on twitter @lou dobbs. tomorrow, congressman matt gates, andy biggs as well as kellyanne conway. be with us. >> there's a good possibility that we can make a deal and he is open to it. lauren: open to a deal. there's optimism that an agreement with china will happen. cheryl: dow up over 100 points on comments. s&p up 5 and a quarter, nasdaq up 13 and three quarters. lauren: stocks mostly higher in europe. trading to the upside. cheryl: stocks in asia are moving higher, japan, china and hong kong all up over 1%. lauren: apple wants you trade in

kron4's ryan o'donnell joins us with more on today's big day in the south. republicans are rooting for incumbant cindy hyde- smithats hope mike espy takes over this highly contested sete seat. originally, it was thought senator hyde-smith was shoe in... until her character came in question. pictures of her posing with confederate memorabilia a the emergence of this video of her telling supporters she'd attend a public hanging,sen. cindy hyde-smith / -r- mississippi: "anyone that was offended by my comments i certainly apologize." if he wins, espy would be the state's first black senator since reconstruction.mike espy / -d- mississippi senate candidate: "if i'm lucky and blessed and privileged enough to be elected tonight i think it's going to represent a sea change." president trump, not afraid of controversy... has been very supportive of hyde-smith... not wanting to lose that republican seat in the senate. we'll have the results of this race later tonight. (grant) another big story another big story tonight... following the state's deadliest and most destructive wildfire... lawmakers are taking a closer look at

i ran on james mat son and adam smith and judeo-christian tradition, the rule of law and free markets. that's wha what i ran on. republican creed. tea party vote paul ryano those old labels, that's what the left tries to do to you. i was an intellectual for 20 years. i had lunch for 100 liberal faculty every week. we got along fine and dandy. i get along with the democrats. so those aren't helpful. what really is at issue is we are providing results. and the other side is just doing resistance. right? and they don't want to talk about the public policy that a ph.d. in economics has been working on with our majority. they want to talk about political labels. katie: congressman, one man who likes results is president donald trump. he has endorsed you. >> right. katie: congressman dave brat is one of the hardest working and smartest people in washington. he is border. military, vets and second amendment. is he a powerful vote for maga and loves the great state of virginia. dave has my total endorsement. how has he played beneficiary or detraction in your race? >> oh, it's huge. he won my district by 5 points. if republicans show up, i win. and these polls,