Vice Media, with assets and liabilities between $500 million and $1 billion, has filed for Chapter 11 bankruptcy protection as it prepares to sell the company. A group of creditors have made a conditional bid, with other potential bidders invited over the next two to three months. This move follows a significant restructuring, including job cuts and discontinuation of programs. Don't worry; the CEO is confident their edgy reports on the same news everybody else is covering will survive this bump in the road.
We know what you're wondering, "Why has nobody combined the utterly unneeded drama of The Kardashian with Rocky?" Apparently, your prayers have been answered (also, you should pray for better stuff). The Family Stallone is a reality show following Sly and his family around as they navigate the challenging world of being filthy rich. Grab your popcorn.
A Sherpa has tied the record for reaching the top of Mount Everest. Pasang Dawa Sherpa hit the summit Sunday morning with a Hungarian climber, his 26th time since 1998. The other 26-time ascendant is another Sherpa, Kami Rita, who took his more recent trip last year. The weirdest part of this for us is that these Sherpa got paid to do it, opposite to most folks who climb the mountain. It makes you wonder why more climbers don't just become Sherpa, but that is between them and their life coaches.