"Better faster greener super micro resource-saving server and storage systems with intel zeon scalable processors reduce the cost and environmental impact of your enterprise infrastructure learn more at super micro dot com. This is tech news briefing. I'm tanya boosters reporting from the newsroom in new york and it is a deal c._b._s. Viacom to merge in a business buffeted by cable t._v. Court cutting increasingly dominated by streaming can to traditional media giants join together and take on a digital world answering deep new questions after these tech headlines vines chili's parent brinker international is trying to stay profitable as it rolls out more deals sales and delivery through jordache which is eating into profits even as the moves boost sales same store sales have bounced up and down lately and the sector remains challenging n._j._i._t. Brinker says it struck the most profitable deal with door dash it could to help boost margins on the expensive service. It's also helping boost checks by not including some deals dell's on menus for delivery as delivery customers at tend to be less value oriented snap unveils a new version of its video recording and video taking king sunglasses marking the social media companies latest attempt at making its first hardware product profitable the redesigned i wear called spectacles three is due out this fall and boasts dual cameras designed to capture three d. You can also expect a lightweight steel frame and circular lenses apple has surged five percent to two hundred and ten dollars and forty nine cents after u. S. t. r. announced iphones laptops would be spared until at least december from the the proposed ten percent tariffs on three hundred billion dollars in chinese goods. The reprieve is the second break. The trump administration has granted apple the company last year cut smart watches watches and wireless ear buds a similar break from plan tariffs other products that were spared including sneakers and apparel many analysts had expected apple to absorb the ten percent tariffs earth's what bush in particular predicted doing so would reduce its earnings per share this year by fifty cents to twelve dollars and eighty cents coming up the story. The of along thwarted merger ends with c._b._s. Viacom striking a deal better faster greener super micro resource-saving saving server and storage systems with intel's zeon scalable processors reduce the cost and environmental impact of your enterprise infrastructure learn more at super micro grow dot com c._b._s. and viacom have agreed to merge the all-stock deal if completed. We'll create a major entertainment player. The deal did not come easily w._s._j. Reporter ben mullen terms the deal will create an entertainment player valued at around around thirty billion dollars in a deal valued viacom at around eleven point eight billion dollars in cases like this both companies are both sellers and buyers because they're exchanging stock for those financial. Oh news nerves out there. The stock exchange ratio is point five nine six two five which means at viacom shareholders will receive that many c._b._s. Shares for each vicompte share here that the own. Let's talk new content opportunities. The merge comes with many many more programming options for your streaming sensibilities got dora the explorer spongebob squarepants on the viacom side and then on the other side. You have things like the loudest voice with <hes> c._b._s.'s showtime premium cable channel on top of that. You have the c._b._s. Broadcast broadcast network and a ton of basic cable networks on the viacom side. Both companies also have direct consumer streaming services. Viacom has pluto t._v. Which is an ad supported streaming service and and c._b._s. C._b._s. alexis which you have to subscribe for big options are one thing however tuna a mobile an analyst at c._f. R._a._m. Research explains the main rationale now behind this agreement and the big trend. That's made itself comfortable in the media industry media companies. Try to gain more scale the bigger you get the for more content. Obviously you have and presumably the more leverage that you have when you're going to talk to distributors about distributing content. I seems to be the way that the industry has has been going more and more scale transition to direct to consumers as the case has been we are left content with our new streaming life the one that's not going going anywhere and the one that media companies are finally figuring out how to embrace consumers are dropping their traditional pay t._v. Offerings in favor of cheaper alternatives direct to consumer sumer so netflix has become more formidable names guys on hulu etc have entrenched themselves. That's why i think content providers and distributors have now kind of try to reinvent themselves to get a better competitive advantage by getting more more leverage due to a confluence of all of these factors for more details had to wsj.com that does it for the tech news briefing from the newsroom in new york. I'm tanya bustos. Thanks for listening."