Cheddar Afternoon Business Update 11/15: Forever 21 shoppers possibly hacked
Time Inc. is launching Sports Illustrated TV, a subscription streaming service that will cost $4.99 a month.
According to the Wall Street Journal, the service will initially be available only on Amazon Channels. With 130 hours of content, including original documentaries and programs related to the Sports Illustrated swimsuit franchise.
Meanwhile, Forever 21 shoppers may have been hacked. The company says some of its payment systems have been breached from March of this year until last month. The breach means customer credit card info could have been stolen. According to the Wall Street Journal, the company has hired a firm to investigate the scope of the breach.
Lastly, the Match Group is reportedly in talks to buy the dating app Bumble for more than $1 billion.
Match could be looking to bring Bumble’s $23 million registered users into its orbit, with over $850 million matches made in under three years.