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BLOOMBERG Bloomberg West May 16, 2014

Shares a World Wrestling entertainment are getting slammed, falling 43 after the company said its new Online Tv Network will not make up for lost a per and ondemand revenue until next year. Wwe needs 1. 3 million subscribers to 1. 4 million subscribers to generate enough income from the network. Blackberry is losing a board member. He will not stand for reelection after one year on the board. He is the former ceo of sony ericsson. The move will leave the board with six executives. The next battleground in the applesamsung fight may be over a graphitebased material which could be ideal for wearable devices. It is a hightech version of cling wrap and is thinner, stronger, and more flexible than current technology. Both apple and samsung have been racing to secure patent. Two applications in the u. S. , while samsung has 17. Back to our lead story of the day, it has been a rocky time in the Public Markets but the valuations of many hot startups are soaring and show no signs of cooling off

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