Good Day, Bad Day

A band on the run, friendly IPOs

GOOD DAY FOR: A band on the run, after thieves heisted 1,000 copies of the video game “Rock Band,” plus the accompanying instrument controllers, from a truck in California. No one was hurt in the $170,000 highway robbery. “We hope these guys end up forming a rock band in jail,” said Bryce Baer, spokesman for “Rock Band” publisher Electronic Arts. (Los Angeles Times, free registration required)

BAD DAY FOR: Friendly IPOs, after United Online canned the planned spinoff of Classmates-dot-com, which would have been the first IPO of a social networking site. United cited a bad climate for IPOs, but analysts said that Classmates’ business model—both it and competitor Reunion-dot-com charge subscription fees—make them less appealing than free sites like Facebook and MySpace. (Los Angeles Times, free registration required)

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up