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Marketplace for Friday June 13, 2014

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Armed tribesmen
Episode Description 
The extremist group that recently seized control of Mosul in Iraq is reported to have bagged $429 million from banks in the oil-trading city. ISIS also levies “taxes” on people in the areas it controls. We look at how ISIS functions as a financial entity, where it get its money, and what the group spends it on? Plus, Priceline is becoming even more of an all-services booking agent as it acquires Open Table. First innovators like Priceline undermined their competition - travel agents - and now their platforms are expanding to simply take their place. What other company has followed this model? In the case of Open Table, Priceline is getting not just a new business - restaurant reservations - but also Open Table’s customer base and platform. Also, a U.S. crackdown on online poker sites chased Full Tilt out of business. Now Full Tilt and associated poker sites may get back into the U.S. by being bought by a Canadian company.

Priceline negotiates reservations

OpenTable's acquisition means rival apps could be targets of additional mergers.
Posted In: OpenTable,

ISIL gets rich in attack on Iraq's cities

The Iraqi Sunni insurgents have seized hundreds of millions from Mosul's banks.
Posted In: Iraq, ISIL, terrorism

Weekly Wrap: Conflict in Iraq

Sudeep Reddy and Nela Richardson sit down with Kai to discuss the week's news.
Posted In: Iraq, oil prices, Eric Cantor
Online gambling

Online poker could get a second chance in U.S.

A deal between a Canadian company and the owner of sites like PokerStars may clear the way for online poker to return to the U.S.
Posted In: online poker, gambling
My Dog Bo

Fido, your big day at the office is here

Marketplace Datebook for the week of June 16, 2014
Posted In: dogs, Jaws, oceans, Federal Reserve
Ivory Tower

"Ivory Tower" and the crippling cost of college

A new documentary film examines the cost of higher education in America.
Posted In: higher education, universities, college, student loan debt

How to pronounce 'GIF'

Confirmed by the inventor himself.
Posted In: gif

Donald Rumsfeld on Iraq

The former U.S. defense secretary shares lessons on politics and business.
Posted In: Donald Rumsfeld

Music from this show

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Motion Sickness
Hot Chip
Gritty Shaker
David Holmes
Quicc Beat [Explicit]
Suff Daddy
Drum Babylon
Mux Mool