Say hello to the biggest IPO EVER in the United States!
Alibaba, the Chinese e-commerce giant, just filed to sell up to $21 billion in stock.
The company is expected to start trading on September 19th under ticker symbol “BABA,” but before that, it will be making a tour around the globe to woo investors.
You know what’s cool? $10.4 million in crowdfunding.
The “Coolest Cooler” is now the most-funded project ever on Kickstarter.
Created by Ryan Grepper, this cooler has a little bit of everything — blender, waterproof bluetooth DJ speaker system, USB recharge station, and yes, it will keep your stuff cold.
The campaign still has 3 days to go. Check it out here.
A 6.0 earthquake struck Northern California early Sunday morning, the worst to hit the region in 25 years. The majority of the damage affected Napa Valley, where local businesses are rebuilding today.
Napa County has approximately 430 physical wineries. The owner of one wine company says he lost close to 20% of his wine in the quake.
California Governor Jerry Brown has declared a state of emergency for Napa, Solano, and Sonoma counties.
(Photo credit: Justin Solomon, CNBC)
When it comes to sports, the NFL brings in the big bucks. After all, it’s the most lucrative sports league…in the WORLD.
A few fun facts:
- Most valuable team: Dallas Cowboys, worth $3.2 billion
- 2nd most valuable: New England Patriots ($2.6 billion)
- The average team? $1.43 billion
Now that’s a lot of billions.
Meet Andy Casagrande:
- Two-time Emmy Award winning wildlife cinematographer, producer & television host specializing in apex predators (top of the food chain).
- Over 100 film credits to his name
- Worked on 27 different Shark Week specials for Discovery Channel over the past decade.
Carl Quintanilla & Twitter CEO Dick Costolo take on the #IceBucketChallenge
— Carl Quintanilla (@carlquintanilla)August 13, 2014
After Scott Wapner challenged them yesterday, CNBC anchor Carl Quintanilla and Twitter CEO Dick Costolo took on the #IceBucketChallenge today. Just after noon eastern time, Costolo posted a Vine of him drenched in cold ice water. Moments later, Quintanilla, who Costolo challenged, did the same from outside the New York Stock Exchange.
Both passed on the challenge, which benefits the ALS Association.
It’s the chilly phenomenon sweeping the country. Today, it swept through CNBC.
On live TV, our pharmaceutical reporter Meg Tirrell took the #IceBucketChallenge along with ALS researchers at Biogen Idec. CNBC’s Scott Wapner then accepted the challenge from Biogen’s Doug Williams during the Halftime Report.
But it didn’t stop there. Scott then nominated Twitter CEO Dick Costolo and Facebook CEO Mark Zuckerberg.
Costolo immediately accepted the challenge. Hey Zuck, what about you?
So far, the challenge to #StrikeOutALS has been working: The national office of the ALS Association says it’s received more than $2.3 million since July 29.
Remembering Robin Williams
From President Obama to Hollywood actors and comedians, an outpouring of tributes flood social media upon news of the legendary comedian’s death.
@BarackObama: "Robin Williams was an airman, a doctor, a genie, a nanny … and everything in between. But he was one of a kind." —President Obama
@BillyCrystal: No Words.
@SteveMartinToGo: I could not be more stunned by the loss of Robin Williams, mensch, great talent, acting partner, genuine soul.