A&E deal would price Vice at $2.5 billion

Vice's co-founder Shane Smith has said he wants Vice to be the "next CNN" and "next MTV." NEW YORK (CNNMoney) Vice Media is in talks with A&E about a deal that would value it at more than $2.5 billion, according to a Vice spokesman. A&E...

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The Coolest Kickstarter ever raises over $13 million

NEW YORK (CNNMoney) The Coolest Cooler (yes, a cooler) raised $13.3 million in its 52-day run. The previous record holder, the Pebble smartwatch raised $10.2 million in 2012. Why have more than 60,000 people contributed to a cooler campaign? Well,...

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Sports betting vs. the stock market

NEW YORK (CNNMoney) They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains. And of course, they both hate to lose. But don't let those similarities fool...

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A&E deal would price Vice at $2.5 billion

Vice's co-founder Shane Smith has said he wants Vice to be the "next CNN" and "next MTV." NEW YORK (CNNMoney) Vice Media is in talks with A&E about a deal that would value it at more than $2.5 billion, according to a Vice spokesman. A&E...

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Sports betting vs. the stock market

NEW YORK (CNNMoney) They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains. And of course, they both hate to lose. But don't let those similarities fool...

19.33 | 0 komentar | Read More

The Coolest Kickstarter ever raises over $13 million

NEW YORK (CNNMoney) The Coolest Cooler (yes, a cooler) raised $13.3 million in its 52-day run. The previous record holder, the Pebble smartwatch raised $10.2 million in 2012. Why have more than 60,000 people contributed to a cooler campaign? Well,...

19.33 | 0 komentar | Read More

The Coolest Kickstarter ever raises over $13 million

NEW YORK (CNNMoney) The Coolest Cooler (yes, a cooler) raised $13.3 million in its 52-day run. The previous record holder, the Pebble smartwatch raised $10.2 million in 2012. Why have more than 60,000 people contributed to a cooler campaign? Well,...

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links.Design/Data vizForms of color | Vintage illustrations exploring color systemsPolice Punishment: CCRB vs NYPD | Interactive analyzing NYPD complaint dataFuturistic UI...

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A&E deal would price Vice at $2.5 billion

Vice's co-founder Shane Smith has said he wants Vice to be the "next CNN" and "next MTV." NEW YORK (CNNMoney) Vice Media is in talks with A&E about a deal that would value it at more than $2.5 billion, according to a Vice spokesman. A&E...

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Struggling Angry Birds maker dumping CEO

The maker of the Angry Birds video game is replacing its CEO. NEW YORK (CNNMoney) Rovio Entertainment, the Finnish video game maker, announced that CEO Mikael Hed will "pass the hoodie" in January to former Nokia (NOK) executive Pekka Rantala,...

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Indian economy gets a jolt

India's quarterly growth data was stronger than expected. HONG KONG (CNNMoney) This is the strongest quarterly growth in over two years and it comes as the first 100 days of Narendra Modi's term as prime minister come to a close. Modi has...

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Slow Comcast speeds were costing Netflix customers

Netflix told the FCC that calls made to its customer support center about slow-loading videos on Comcast's network more than quadrupled late last year. NEW YORK (CNNMoney) That's according to a petition Netflix filed to the Federal Communications...

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Malaysia Airlines slashes 6,000 jobs in major restructuring

HONG KONG (CNNMoney) State investor Khazanah, which owns nearly 70% of the carrier, revealed the 30% workforce reduction on Friday. Khazanah also announced the creation of a new corporation that will absorb the majority of the carrier's assets....

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Stocks: 5 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the five things you need to know before the opening bell rings in New York: 1. Amazing August: The major U.S. indexes have climbed up by roughly 3% to 4% over the course of...

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Struggling Angry Birds maker dumping CEO

The maker of the Angry Birds video game is replacing its CEO. NEW YORK (CNNMoney) Rovio Entertainment, the Finnish video game maker, announced that CEO Mikael Hed will "pass the hoodie" in January to former Nokia (NOK) executive Pekka Rantala,...

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Fantasy football's chic alternative

(Left to right) Stephanie Lozito, Andrew Nyman, Greg Johnson and Katey Johnson NEW YORK (CNNMoney) A new startup offers the competition of fantasy football -- brackets, voting, prizes -- for those whose sport of choice is, well, shopping. ...

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Malaysia Air posts $97 million loss

HONG KONG (CNNMoney) The carrier lost $97.4 million in the three months ended in June, as it reeled from its second aircraft disaster of 2014 -- the shooting down of a flight over Ukraine. The report is likely to be the airline's last as a public...

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New England's epic supermarket feud ends

With few customers and no deliveries, shelves for perishable items were quickly left empty. NEW YORK (CNNMoney) Arthur T. Demoulas, the ousted president of Market Basket, reached an agreement late Wednesday to buy out the stake in the 71-store...

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New England's epic supermarket feud ends

With few customers and no deliveries, shelves for perishable items were quickly left empty. NEW YORK (CNNMoney) Arthur T. Demoulas, the ousted president of Market Basket, reached an agreement late Wednesday to buy out the stake in the 71-store...

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Malaysia Air posts $97 million loss

HONG KONG (CNNMoney) The carrier lost $97.4 million in the three months ended in June, as it reeled from its second aircraft disaster of 2014 -- the shooting down of a flight over Ukraine. The report is likely to be the airline's last as a public...

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Why I left a job in finance to play video games

NEW YORK (CNNMoney) He found the work fast paced and it paid well, but something was missing. He asked for some time off in 2012. He quit a week later to become a full-time video game player. What seemed like a crazy move at the time has turned...

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How to fix wealth inequality

NEW YORK (CNNMoney) Most wealth in the United States is gained from the appreciation of home values over time. Twenty-five percent of Americans' wealth, the sum of all physical and financial assets, comes from the increased value of homes -- and...

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Time Warner Cable comes back from nationwide Internet outage

NEW YORK (CNNMoney) Time Warner Cable, which serves about 14.5 million of the country's 115 million homes, said the outage occurred at 4:30 a.m. ET "during our routine network maintenance." "An issue with our Internet backbone created disruption...

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RadioShack in talks on cash lifeline

RadioShack could get the cash infusion it needs from its major investor. NEW YORK (CNNMoney) The troubled electronics retailer is in talks with Standard General, which holds nearly 10% of RadioShack shares, to give it a cash infusion, sources...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: 1. Stocks are on fire: U.S. stock futures were stable Wednesday morning, a day after the S&P...

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IMF chief Lagarde under investigation in France

Christine Lagarde is the head of the International Monetary Fund. LONDON (CNNMoney) Under French law, a formal investigation means prosecutors believe they have serious evidence implicating a suspect in a crime. It does not necessarily lead to...

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Time Warner Cable suffers nationwide Internet outage

NEW YORK (CNNMoney) Time Warner Cable said the outage occurred at 4:30 a.m. ET "during our routine network maintenance." "An issue with our Internet backbone created disruption with our Internet and On Demand services," the company said in a statement....

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Home prices rising, but slowly

Hot home price gains are cooling a bit. NEW YORK (CNNMoney) National home prices rose 6.2% this spring, compared to the same three months last year, according to the S&P/Case-Shiller national home price index. Prices in the index's 10...

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Amazon is eating Best Buy's lunch

Cloudy with a chance of showrooming? Best Buy's outlook is uncertain after a poor sales report. NEW YORK (CNNMoney) The electronics retailer reported quarterly sales Tuesday morning that were lower than a year ago and below Wall Street's expectations....

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Don't wait! Trade in your old iPhone now

Apple is expected to launch the iPhone 6 in two weeks, but waiting until then to sell your old iPhone means you're way late to the game. NEW YORK (CNNMoney) The trade-in value of an old iPhone declines sharply before the launch of each new one,...

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Burger King buying Tim Hortons

Burger King is buying Canadian doughnut maker Tim Hortons. NEW YORK (CNNMoney) The deal could be the latest example of a U.S. company buying a foreign company in order to move its legal home to that of the company it is acquiring, thus allowing...

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GM's compensation fund gets 100th death claim

Ken Feinberg has received 100 death claims so far. NEW YORK (CNNMoney) GM received 100 death claims and 184 injury claims as of Friday, according to a spokeswoman for Ken Feinberg, a consultant hired to administer GM's compensation fund. He began...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: 1. Stock markets mellow: U.S. stock futures were little changed Tuesday and European markets were...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Early indications are good. U.S. stock futures were all higher Monday and European markets advanced. Here are the four things you need to know before the opening bell rings in New...

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Apple recalls iPhone 5s for battery woes

Certain iPhone 5 smartphones are eligible for free battery replacements, Apple says. NEW YORK (CNNMoney) Apple (AAPL, Tech30) said "a very small percentage" of iPhone 5 smartphones may "suddenly experience shorter battery life or need to be charged...

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Original Superman comic sells for record $3.2 million

NEW YORK (CNNMoney) A pristine copy of Action Comics #1 -- which introduced Superman for the first time -- sold on eBay (EBAY, Tech30) for $3,207,852, a record. When it originally hit newsstands in 1938, the comic sold for 10 cents. Reports from...

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Is Burger King moving to Canada?

HONG KONG (CNNMoney) The new company would be headquartered in Canada, the two firms said in a joint statement. Both Tim Hortons (THI) and Burger King (BKW) would continue to operate as standalone brands. By moving north of the border, Burger King...

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Hackers attack Sony PlayStation Network

The "Lizard Squad" has targeted Sony's online gaming network. NEW YORK (CNNMoney) Over the weekend, Blizzard Entertainment, CCP Games, Riot Games and Sony (SNE) have done maintenance to bring their networks back online. CNNMoney quiz: What...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Early indications are good. U.S. stock futures were all higher Monday and European markets advanced. Here are the four things you need to know before the opening bell rings in New...

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Glenn Beck sought out CNN deal, but talks died fast

NEW YORK (CNNMoney) But the idea fizzled fast and talks aren't expected to resume, according to several people with direct knowledge of the exchange. "The talks were never serious," one of the people said. Still, Beck's interest -- first reported...

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