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CNN 10
Fate of Flight 370 Now Known; Candy Crush IPO; Ebola Virus in Guinea
Aired March 25, 2014 - 04:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CARL AZUZ, CNN ANCHOR: Welcome to CNN STUDENT NEWS. We`re glad to see you this Tuesday. I`m Carl Azuz at the CNN Center.
Malaysia`s government made a tragic announcement yesterday: all lives are lost. It ended many people`s hopes that there could have been any survivors aboard Malaysia Airlines Flight 370, which vanished more than two weeks ago. Grieving families expressed everything from anguish to doubt to anger. One woman left the news briefing asking where`s the proof. Malaysia says information from a British satellite company and (INAUDIBLE) investigators indicates that plane crashed somewhere in the Southern Indian Ocean. As of last night, no parts of it had been recovered, though international planes and ships were combing the region.
One main search area is about 1500 miles west Perth, Australia. So, victims` families will be given the opportunity to travel there if and when the wreckage is recovered.
Our next story today concerns Ebola. It`s a very deadly virus that was first identified in 1976. It causes hemorrhagic fever. Symptoms are external and internal bleeding and organ failure. Most outbreaks including the most recent in Guinea have been in Africa. But because it spreads easily through contact with bodily fluids, officials are taking no chances.
(BEGIN VIDEOTAPE)
UNIDENTIFIED MALE: Ebola seen here under the microscope. It is one of the most highly contagious and deadly viruses known to man. The name alone elicits fear and brings (INAUDIBLE) images of doctors in hazmat suits. Now, people in Guinea are battling the West African countries first ever outbreak of the disease.
DAMANTANG CAMARA, GUINEA GOVT. SPOKESMAN: We immediately sent samples to two laboratories specializing in tropical disease. The health ministry waited for the laboratory to determine the nature of the virus involved, and then we got confirmation. It was Ebola.
UNIDENTIFIED MALE: The virus has killed dozens of people in the southern region of the country. And there are fears Ebola may now spread to the capital of Conacry.
DR. CE MAOMY, PHYSICIAN (through translator): Listening to the news and to see the effects of what is happening in the forest. It`s true that a mysterious fever is striking people. It`s scaring us.
UNIDENTIFIED MALE (through translator): I`m scared. I`m scared because it affects me.
UNIDENTIFIED MALE: Government officials say samples from several suspected cases in the capital have tested negative for the virus. But Doctors without Borders is proactively flying in tons of medical aid and equipment to fight the epidemic.
GEMMA DOMINQUEZ, MEDICINS SANS FRONTIERS (through translator: In Conakry, there`s an alarming situation and a little panic. In other places, they are a bit more used to it where it`s endemic. That`s not easy either, because people are afraid of this epidemic because it`s very deadly. But at least they are a bit used to it.
UNIDENTIFIED MALE: There have been sporadic incidents of Ebola in other African countries in recent years, but with the fatality rate of up to 90 percent, and no known cure, there`s concern that in Guinea, a poor country with a weak medical infrastructure, a widespread Ebola outbreak could be devastating.
(END VIDEOTAPE)
UNIDENTIFIED FEMALE: Time for the "Shoutout." What`s the term for a company`s first sale of stock to the public? If you think you know it, shout it out!
Is it IPO, open interest, S&P or SEC?
A company`s first sale of stock to the public is an IPO. It stands for initial public offering. That`s your answer and that`s your shoutout.
AZUZ: So, if you buy shares of a public company on the stock market, you can profit if the stock goes up and lose money if it tanks. The maker of Candy Crush saga is going public offering an IPO. The immensely popular game is a freemium, free and premium. It`s free to download, but it can cost you to keep playing. What do you think its chances are of sweet stock market success?
(BEGIN VIDEOTAPE)
SAMUEL BURKE, CNN CORRESPONDENT: Candy Crush has become a global craze and the games` masterminds are cashing in.
UNIDENTIFIED MALE: Delicious.
BURKE: Here on Wall Street investors are getting their opportunity to taste Candy Crush and parent company King Digital. But to understand just how popular Candy Crush is, you have to go underground to the New York City Subways.
In the tunnels of Gotham City, Candy Crush where users line up colored candies to win points appears to be the go to game.
UNIDENTIFIED FEMALE: Is this, you know, trying to occupy my time, you know, on my commute.
BURKE (on camera): How often do you play it?
UNIDENTIFIED MALE: Pretty much every day when I`m on the train.
BURKE (voice over): King says almost half of the people who play Candy Crush in the U.S. do it on subways, trains and buses. And the minutes definitely add up.
(on camera): Do you play Candy Crush?
UNIDENTIFIED FEMALE: Yeah, all the time. I had to delete the app because it`s taking over my life.
BURKE (voice over): Megan Rose Dickie follows online gaming for Website business insider. Even she has issues.
UNIDENTIFIED FEMALE: I`ve spent like hundreds of dollars playing the game like ...
BURKE (on camera): Hundreds of dollars? Literally?
UNIDENTIFIED FEMALE: Literally.
BURKE (voice over): Players like Megan spend big bucks on tools that get them to higher levels. That`s how to propel King to a profit of over $560 million last year. Most games juggle to turn any profit. King could become one of the hottest Internet IPOs this year. Still investors might want to think twice.
Gamers are fickle. Zinger`s Farmville was once the hot Internet game, but Zinger`s shares have fallen dramatically since its IPO. Even angry birds have struggled to maintain the buzz.
With so many IPOs on tap this year, investors have felt like kids in a candy shop. Life maybe sweet for Candy Crush now, but in the fierce world of social gaming, investors might want to settle for a less intent sugar rush. Samuel Burke, CNN, New York.
(BEGIN VIDEOTAPE)
AZUZ: Mark Bergel spends most nights sleeping on the coach. He could get a bed if he wanted one. He just wants everyone else in America to have one first. Bergel founded the charity that gives furniture and life skills coaching to impoverish people in Washington D.C. where more than 18 percent of residents are poor. Bergel`s efforts to help thousands are why he is a CNN hero.
(BEGIN VIDEOTAPE)
UNIDENTIFIED FEMALE: I`m very emotional right now. I`m excited. I`m so glad things are starting to turn around. For like five years me and my kids have had no way to go.
We just had to go from place to place. We slept in (INAUDIBLE). We moved in here with nothing.
When I see my children on the floor going to bed, it hurts me.
(on camera): Hi!
MARK BERGEL, CNN HERO: There is no stability and there`s no dignity when you live in apartments that have nothing in them.
(on camera): So, how this works? OK. Anything this that you want in here - you put your sticker on, and that`s why you guys will take home.
UNIDENTIFIED FEMALE: OK.
BERGEL (voice over): Once we get the homes furnished, they have a chance to just take a breath and start to create a different life.
We pick up the furniture and other home goods from people who have more than they need and we distribute them free of charge to people who have nothing.
UNIDENTIFIED FEMALE: I like this table. This family who could sit down and who can just eat.
That`s something to sit on, something to lay on. Now, we come back on track.
Now, my kids can pursue their dreams.
BERGEL (on camera): This is a good start? Right?
UNIDENTIFIED FEMALE: Yes. Yes. It is.
BERGEL: It`s a good start.
(voice over): I help people to find the hope that was missing from their lives.
UNIDENTIFIED FEMALE: Love you. Good night.
BERGEL: And the opportunity they didn`t know was before them.
(END VIDEO CLIP)
AZUZ: Forecast for todays` "Roll Call" is storming. We are starting with the storm of Sauk Rapids-Rice High School, they are watching from Sauk Rapids - Minnesota, and they are first on today`s roll.
Glad to see the Patriots, too. In Galub (ph) New Mexico. Hello to our viewers at Miyamura High School.
And on the Gulf Coast watch out for the buccaneers. They are sailing from Harvey, Louisiana at West Jefferson High School.
If someone tells me a hamburger costs two fifty, I will make sure the decimal is after the two. In this burger, there is no decimal. Just $250 worth of beef and toppings. And just ordinary beef and toppings. It`s cobe (ph) beef, topknot stuff from Japan, and heirloom tomato because it costs as much as an heirloom, foie gras because why add salt when you can have liver? Beluga caviar, pangetta and the white truffle? It`s truffle of flavor, truffle of expense. You can only get it rare to medium rare like its perspective buyers. Most would call the price beef fuddling. Even a hamburger that couldn`t call it a steal, but for those who think it`s worth it, this burger is king. I`m Carl Azuz. And we`ll move on tomorrow.
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