In purchasing Ask.fm, which is used by 120 million people worldwide, the Internet mogul is betting he can clean up a star-crossed site
Interactive Corp, better known as IAC, is the digital holding company run by Barry Diller. IAC already owns Ask.com and About.com, so Ask.fm will fit into a suite of online question-and-answer services. British politicians including Prime Minister David Cameron have criticized the site, saying Ask.fm does too little to prevent suicide and police cyberbullying.
T he stories, deals, moves and more from the upstart economy that made us take notice in July. Upstart moves for July Washington state follows Colorado as it begins to allow certain, licensed stores to sell marijuana legally for recreational, as opposed to medicinal, use. Show More Summary
The company's media unit also saw weaker results amid the closure of the Newsweek print business and sale of its digital business. read more
Tutor.com, owned by Barry Diller's IAC/InterActiveCorp, agreed to acquire the Princeton Review to bolster its test preparation services. Tutor is buying the company from Charlesbank Capital... To view the full story, click the title link.
IAC's tutoring unit, Tutor.com, will run the Princeton Review -- whose test preparation guides are familiar to students studying for the SAT. Terms of the deal with the private equity firm Charlesbank Capital Partners were not disclosed.
A look at the hottest deals, business moves and upstart entrepreneurs for July 15 from around the country, as reported by The Business Journals and other local business publications. Deals and money plays Chicago… Is Nordstrom playing...Show More Summary
IAC/InterActiveCorp, the Internet holding company controlled by billionaire Barry Diller, acquired the dating and media assets of This Life Inc.'s HowAboutWe service, which suggests things to do on... To view the full story, click the title link.
Barry Diller, chairman of IAC, which owns Tinder, isn't sweating the sexual harassment suit. "We've been doing an internal investigation that is not yet complete, but so far has not given us any reason to believe that the CEO was engaged in any negative practices." Read more...
After months of debate and speculation, the U.S. Supreme Court ruled against internet TV service Aereo in a 6-3 decision, effectively killing the service, at least in its current form. Barry Diller, Aereo’s biggest financial backer and one of its most vocal supporters, said the ruling means “it’s over now” for Aereo and that there’s... Read More
Barry Diller sure must be a forgiving guy. Sean Rad, 27, is sitting pretty as Tinder’s chief executive despite allegedly describing his boss, IAC/InterActiveCorp Chairman Diller, as a d–k and texting a drawing of Diller as such, The Post has learned. Show More Summary
By Carl So Barry Diller’s latest venture, Aereo, has hit a major legal snag: A two-year-long legal battle between the country's biggest broadcasters and a startup called Aereo is about to culminate at the U.S. Supreme Court. The court's...Show More Summary
Aereo's CEO: "Our work is not done." It's hard to see what's left, though.
The Supreme Court has ruled that Aereo's streaming service is illegal —but while execs earlier said there was no Plan B, at least some people at the company appear ready to reconsider, the Atlantic finds. Barry Diller, the year-old service's biggest investor, says "it's over now," but CEO Chet Kanioja...
Those who have read my blog before know that I have criticized Aereo’s business from day one. [See: Barry Diller’s OTT Service Aereo Is Dead On Arrival] Not from the standpoint of whether or not the service was operating legally, but rather with the perspective that when it comes right down to it, Aereo’s service […]
Aereo, the company known for not having a plan B, now has to find one after its loss at the Supreme Court this morning. But none of its options are looking very good. One of its top investors, Barry Diller, told NBC News this morning, “We did try, but it’s over now.” Read More
Barry Diller was clear from the beginning. If streaming-TV company Aereo Inc. loses in court, he told The Wall Street Journal in 2012, "there's no Plan B." Wednesday's Supreme Court ruling against Aereo will most likely mean the end of the insurgent television-streaming company that CEO Chet Kanojia started in 2012—and Mr. Show More Summary
Foes of Aereo wasted no time celebrating their hard fought victory in Wednesday's U.S. Supreme Court decision, which held by a 6-3 ruling that Barry Diller's upstart technology company had violated... To view the full story, click the title link.
"I do believe blocking this technology is a big loss for consumers," the Aereo financial backer told CNBC. read more
The controversial TV streaming service Aereo’s business methods were ruled illegal by the Supreme Court Wednesday morning, dashing the startup’s plans to disrupt the well-entrenched pay-TV industry. That’s particularly bad news for media bigwig Barry Diller, who helped the startup get off the ground when his company IAC led a $20.5 million funding for Aereo…