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Good morning a very warm welcome to Worldwide Exchange on cnbc im wilfred frost. Lets check in on the Global Market picture and futures this morning are looking at a positive open. We are higher in the premarket coming off a day where we did see gains for the dow and the s p. But we closed well off the days highs, both indices coming into today down about 1 week to date yesterday the nasdaq was lower fourth negative session in a row. But only slightly lower. Such that week to date its down just 0. 4 . Today, as you can see, up significantly. The dow is up 187 points s p up 16. Nasdaq up 45 poi...

Russell 2000 up by. 78 . West texas at 53. 13 up 1. 48 or nearly 3 . The 10year note theres the yield at 2. 28 . The price is lower, the yield a little bit higher. Mandy drury today on the floor of the nyse with bob pisani. Seems like this has been where all the actions been this week, ty. Seemed like the likely place to come down to. Bob, fantastic job yesterday covering the big event. But in terms of todays action, we opened up with big volume. 249 to the up side. Why are we losing steam here . I think there is some realization that greece is still very iffy and china, the gains yesterday, t...

At its slowest pace since 2012. The financing terry saying it is trending down the territories budget today. The local economy is laden with the risk. The government is protecting 2016 gdp growth between 1 ansd 2 . Questec look at the markets, hong kong and china currently closed for lunch. Heres how they were trading, were seeing the global rally were resuming a selloff picture for tokyo and mumbai. Time now for bloomberg west. Emily another suitor for yahoo. Appears in the form of time inc. Where does bill gates and stand on apple and encryption. We asked for the microsoft cofounder to clari...

Have pulled out. 1015 years ago, it was much bigger than that. Ericsson, etc. We are the size of market cap and growth and people were read about us with juniper and others and yet will pulled away from them as well. It isnt that cisco i am talking about is how fast his industry is changing. Out of the big six ip players three of us will not be relevant to our customers. You can say that as the Silicon Valley stuff where you move fast. If you look in this role, only 1 3 of you will be relevant in 20 years. When you look at uber and what they did to the taxi industry and amazon with the challen...

If you get a chance, you can watch it all again. I do very much encourage dennis will be leading the interview but this is very much a participatory event. We will have plenty of time for westerns afterword so please be ready for questions after that so please be ready. Thank you all for being here. I will hand it over to dennis. It is a comparable time today in new york. Lets get right to it. You recently predicted that perhaps over the next 10 years some of the Biggest Technology companies will not be around. Tell us about who they are, when they are going to go down. [laughter] go right to ...