Lions Gate’s Starz rejected CBS’s $5 billion offer about two months ago, sources say






CBS offered $5 billion to acquire Lions Gates premium cable channel Starz about two months ago but was rejected, according to a person familiar with the matter.

Shares of Lions Gate rose as much as 15% on Friday after a report from technology publication The Information first reported the news. The stock was briefly halted on the news.

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Netflix should take a cue from ‘Game of Thrones’ and ditch binge-watching for new shows






In an era in which binge-watching is the new norm, HBOsGame of Thrones breaks the mold.

Instead of releasing new episodes all in one day, the fantasy drama doles them out in weekly installments, just like traditional cable programs.ÂThe move may seem old school in a time when Netflix has normalized marathon viewing of TV shows, but its actually a major factor in the prolific success of the show. Fans get a reprieve between episodes to react to what happened and speculate about whats to come. And they have built online and real world communities to do just that.

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Nvidia CEO doesn’t expect China to block $7 billion takeover of Mellanox, despite trade tensions






Nvidia CEO Jensen Huang doesnt expect Chinese regulators to stand in the way of its nearly $7 billion takeover of Israeli chip designer Mellanox Technologies.

In an interview that aired Friday onMad Money, Huang told CNBCs Jim Cramer that the merger will fulfill an important function for data center security networking and storage processing. China, which is engulfed in a tense trade war with the United States, is a major semiconductor market where both companies sell a large portion of their products.

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A restaurant mistakenly served up a $5,700 bottle of wine. But turned it into a social media win






Media experts have lauded a restaurants very public response to an expensive mistake made by one of its staff members.

A diner at the big-budget Hawksmoor restaurant in Manchester, U.K., was accidentally served up an extremely expensive bottle of Chateau le Pin Pomerol 2001. The bottle of wine was worth £4,500 ($5,700) but the customer had ordered one worth a fraction of the price.

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Amazon is spending billions on internet satellites, self-driving cars and more as revenue growth slows






Amazon has been gradually racking up investments to position itself for the future as its core business slows.

Within the past year alone, Amazon has announced more than half a dozen major investments representing billions of dollars. The investments primarily focus on new delivery businesses and logistics, but also include other areas, such as its investment in a new headquarters. Amazon made clear its ambitions in the transportation and logistics space by identifying such services as potential competitors in a regulatory filing earlier this year.

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Facebook’s Sheryl Sandberg: Chinese tech companies are also powerful, and will not be broken up






FacebooksÂchief operating officer,ÂSheryl Sandberg, sat down for an interview with CNBCs Julia Boorstin on Friday calling for regulation of American tech companies but pushing against the idea of breaking up the social media company.

“You could break us up, you could break other tech companies up, but you actually don’t address the underlying issues people are concerned about,” Sandberg said.

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Nike’s ‘inclusive’ image at risk if it fails women athletes, brand experts say






When Olympic athlete Alysia Montano took part in a race only one month away from having a baby, she became known asthe pregnant runner. It was 2014 and she went on to win a national championship when her daughter was six months old, and another when she was 10 months old.

But in an opinion piece and video published by the New York Times on Sunday, Montano said when she told one of her former sponsors,ÂNike, that she wanted to have a baby during her career, the sports giant told her it would pause her contract and stop paying her.

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Seven comeback stocks that investors could pounce on: Cramer






The stock market had a number of winners Thursday and many of them are names that have made slower gains than the rest of the market, CNBCs Jim Cramer said.

In this newly rejuvenated market, its time to reach for the laggards and play catch-up, theMad Money host said.The names on this list are exactly the ones that will work, given that theyve fallen behind, right here, mostly through no fault of their own.

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Rent the Runway CEO: ‘I haven’t been given the privilege or permission to lose a billion dollars every quarter’






Rent the Runway co-founder and CEO Jennifer Hyman has her sights set on expanding her business — without sacrificing profitability.

Its not an unusual goal — but one that some big tech companies have had a hard time managing. Uber, which went public last week, posted an adjusted loss of $1.85 billion for 2018. Lyft, another newcomer to the public market, had a first-quarter loss of $1.14 billion this year.

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