peHUB Second Opinion

In Second Opinion, any wearable devices that Apple introduces on Sept. 9 likely won’t be available until early 2015, the top university for VC-backed entrepreneurs, President Obama’s tan suit and why many tennis players don’t wear sunscreen. Happy Labor Day!

kids with smartphone

peHUB Second Opinion

In Second Opinion, five ways to improve your VC pitch, will Apple finally unveil its iWatch on Sept. 9, Square is reportedly raising about $200 million at a $6 billion valuation and sales of the Knee-Defender jump after a fight on a plane.

dogs in sunbeam

peHUB Second Opinion

In Second Opinion, we have the dirty tactics Uber is using to sabotage Lyft, Fed Chair Ben Bernanke thinks that the 2008 financial crisis was worse than the Great Depression and Apple prepares a 12.9 inch iPad for early 2015. Happy National Dog Day!


ValueAct takes $1 billion stake in 21st Century Fox-Reuters

Hedge fund ValueAct Capital LLC said it had taken a $1 billion stake in Rupert Murdoch-controlled film and TV company Twenty-First Century Fox Inc
Fox withdrew its $80 billion bid to buy Time Warner Inc last week after being rebuffed by the owner of CNN, HBO and Warner Bros studios. Murdoch said he has no plans to pursue another company as an alternative, Reuters reported.


peHUB First Read

A new app seeks to detect upcoming manic episodes in those with bipolar disorder, how to interpret Rupert Murdoch’s sudden withdrawal of his $80bn pursuit of Time Warner and it’s time to change your password (again).


peHUB Second Opinion

In Second Opinion, Apple is holding an iPhone event on Sept. 9, Groupon’s Q2 results disappoint, Dollar General is considering making a rival bid for Family Dollar and a study finds that horses talk with their ears.

News Corp Chairman and CEO Rupert Murdoch listens to a question at the "The Economics and Politics of Immigration" Forum in Boston

peHUB Second Opinion

In Second Opinion, Rupert Murdoch’s 21st Century Fox’s $80 bln bid for Time Warner is rejected, Murdoch really wants HBO pretty bad, Amazon is testing “Kindle Unlimited” and smoking pot can occasionally make you paranoid.


peHUB Second Opinion

In Second Opinion, American Apparel is getting $25 mln from Standard General, Apple will eventually release info about the diversity of its workforce and teens are having a hard time finding a summer job.


peHUB Second Opinion

In Second Opinion, study finds that good-looking male entrepreneurs have the best chance of getting venture funding, more people work for Alibaba than Yahoo and Facebook combined. Plus Flappy Bird is returning!

Time Warner Closes Buy of Insight Communications from the Carlyle Group

Time Warner has closed its $3 billion buy of Insight Communications Co. The seller was the Carlyle Group. The deal was announced last August. Insight is the 10th largest cable operator in the United States, serving around 750,000 customers in Illinois, Indiana, Kentucky and Ohio, Reuters has reported. PRESS RELEASE Time Warner Cable Inc. (NYSE:TWC) […]

TPG Capital, News Corp., Time Warner Bid on Calik

TPG Capital, News Corp. and Time Warner have all put in bids for the media assets of Turkey’s Calik Holding, Reuters reported Monday. The bids were reportedly all around $1 billion, Reuters wrote.

VC-Backed Game Maker Trion Worlds Ponders IPO

(Reuters) – Little-known online games company Trion Worlds, after raising more than $100 million in venture capital since 2006, is looking at becoming the newest debutante at the digital media IPO ball. Not unlike larger and better-known games company Zynga, which filed for an IPO of up to $1 billion in July, Trion is considering […]

Question of the Week: Does Facebook/Time Warner Deal Threaten Netflix, Cable Companies?

Create your free online surveys with SurveyMonkey, the world’s leading questionnaire tool.

Earlier this week, Time Warner agreed to test a new video rental service on Facebook. Users can now rent the “The Dark Knight” for 30 Facebook credits or $3, watching the Batman movie instantly on their PCs.

Some say this deal — if it works — could sound the death knell for Netflix, which saw its share price drop from $207.40 to $195.45 on the day of the announcement (March 8). Others, like this analyst, say the move doesn’t represent an immediate threat to Netflix.

Time Warner Ups Stake in European Broadcaster

Time Warner has paid $60.3 million to increase its ownership in Central European Media Enterprises, Reuters reported. Time Warner now holds 31% of the broadcaster, up 5.5% from its previous stake. It bought the shares from from privately held Testora, part of Czech private equity group PPF Investments.

Time Warner Bids for MGM

NEW YORK (Reuters) – Time Warner Inc (TWX.N) joined Lions Gate Entertainment (LGF.N) and Access Industries in bidding for MGM, a source said, adding that the three bids range from $1.2 billion to $1.5 billion. The deadline for a second round of bids for MGM was unofficially extended after Time Warner, the most likely buyer […]

Time Warner Buys StyleFeeder

Time Warner (NYSE: TWX) has acquired StyleFeeder, a Cambridge, Mass.-based personal shopping engine. No financial terms were disclosed, although the WSJ reports that the sale price was “well into eight figures.” StyleFeeder had raised more than $3.5 million in VC funding from Highland Capital Partners and Schooner Capital.

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