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peHUB Second Opinion

The panel investigating the award of World Cups to Russia and Qatar will provide its report by early September.

Facebook’s buy of Oculus VR has closed.

Signs of a bubble? Carmelo Anthony announces launch of M7 Tech Partners, a VC firm. 

Have you read the latest startup thriller? Here’s the Termsheet from Lucas Carlson

J. Christopher Flowers, the Wall Street IB star who flamed out as PE guy, says another banking crisis is coming. 

Yahoo confirms its buying Flurry.

Netflix ends Q2 with 50.05 mln subscribers.

CNN is worth $8 bln to $12 bln, according to a report.

Goophone unveils iPhone 6 knockoff, the i6 which costs $159.99 for the 16 GB model.

Credit Suisse is expected to report its biggest quarterly loss since the collapse of Lehman Brothers Holdings Inc. 

Photo of Carmelo Anthony courtesy of Reuters/Danny Moloshok