Vimeo Raises $300 Million In Equity, Valued At $5.7 Billion

Vimeo has raised $300 million in equity, raising its valuation to some $5.7 billion as it prepares to become independent.

Vimeo Will Be Spun Off As Independent Company

IAC has announced it will spin Vimeo off as a fully independent, publicly traded company.

Google and Barry Diller’s IAC At Odds Over Chrome Extensions

Google and IAC are at odds over what Google calls misleading marketing practices, putting a lucrative deal at stake.

You’ve Got To Bail Everyone Out, Says Barry Diller

You’ve got to bail everyone out says Expedia and IAC Chairman Barry Diller. The damage that is being done every day is enormous. Everybody needs to be bailed out of this one-time thing and we’ll worry about paying the bills later.

Barry Diller: I See the Landscape As Cataclysmic

Expedia and IAC Chairman Barry Diller said that the economic and business landscape caused by the coronavirus and the political actions to fight it have been cataclysmic. Diller does not see a return to normal anytime soon. He believes that people will first have get over being scared and that won’t be easy.

Turo Car-Sharing App Gets $250 Million From IAC To Take On Car Rental Industry

“As we continue to grow and invest in our brand more and more people are sharing their vehicles,” says Turo CEO Andre Haddad. “With our app, you can actually share your car so that you can earn money when you’re not using your car. We’re hoping to be in the next few years in the same realm as ride-sharing and home-sharing.”

If It’s a Streaming War We’d Like To Be an Arms Dealer, Says IAC CEO

“If it’s a streaming war we’d like to be an arms dealer,” says IAC CEO Joey Levin. “We want to send the product and services to people who are making video. Everywhere people interact they’re expecting video now. It used to be text, then it was images, and now it’s video.”

All of Broadcasting Is In Danger From Streaming, Says Barry Diller

“It’s all of broadcasting that’s in danger because of what’s happened with streaming and with other services in that the only people who are willing to watch commercials are people that can’t afford to buy the goods being sold,” says media mogul Barry Diller. “That’s an existential long-term issue.”

Barry Diller on the Internet Revolution: Really Young, Truly Radical, Very Troubled

Internet pioneer Barry Diller says that the Internet revolution is still really young. He also says that this truly radical revolution is right now a very troubled revolution.

Yahoo Has Interest From Verizon, IAC/InterActive, News Corp, Time [Report]

As previously reported, Yahoo is said to be having meetings this week about the possibility of selling off its core business and/or getting more out of its stake in Alibaba Group Holding. The Wall Street Journal reported late on Tuesday…

Sean Rad Forced Out Of CEO Role At Tinder

Tinder CEO Sean Rad has been forced out of the role, but will be staying with the company in the capacity of President and board member. Rad founded the company behind the hottest dating app out there, but events unrelated…

Avengers DVD Release Accompanied By Launch Of Marvel Game Hub

IAC’s Mindspark Interactive Network announced that it has launched Heroic Play, a destination where Avengers fans can play various Marvel games, as well as get Marvel news and view Marvel related messages shared across social media. Heroic Play launched with…

Ask Parent IAC Acquires DateHookup To Pump Up Revenue

Earlier this week, we reported that Ask.com has acquired About.com and The About Network. Now, Ask parent IAC has announced another acquisition – DateHookup. IAC has completed the acquisition of the ad-supported dating site for an undisclosed sum. DateHookup generated…

Ask.com Acquires About.com For $300 Million

IAC announced that its Ask.com property has agreed to acquire The About Group from The New York Times for $300 million. The About Group, of course, is the company behind About.com. The deal was signed on Sunday. “The About.com acquisition…

Google, IAC Extend Partnership Through 2016

Procrastination and a fear of commitment apparently didn’t enter the equation when it came to renewing a longstanding search and advertising agreement between Google and IAC.  This morning, IAC announced that the two companies have extended their deal through March…

CitySearch Launches Daily Deals Aggregator

Taking advantage of all the buzz about daily deals, CitySearch has taken it upon itself to provide a convenient way for user to check out available deals from one spot (an iPhone or Android app). 

Barry Diller Gives Up Role Of IAC CEO

Less than a month after IAC’s Ask.com announced its decision to stop competing in the search market, another major change is taking place as Barry Diller gives up the title "CEO of IAC."   Gregg Blatt, who previously served as CEO of Match.com, will replace Diller.

eBay, Facebook, IAC, Yahoo Side With YouTube In Viacom Fight

Earlier this month, Viacom’s supporters came out in force, formally taking the corporation’s side in its legal dispute with YouTube.  Now eBay, Facebook, IAC, and Yahoo have acted to sort of balance the situation, stepping forward to ally themselves with YouTube.