The IAC chairman warned it would "hogwash" to buy Twitter for its potential to connect to existing business.
NEW YORK, Aug 20- Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire. The settlement with Dauman also ends the legal fight between members of the Viacom board and Redstone's National Amusements Inc,...
NEW YORK, Aug 18-- Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes...
Attendees at the this year's Allen & Co. conference in Sun Valley, Idaho, will have no shortage of topics to discuss.
Redstone, who holds 80 percent of the voting shares in Viacom and CBS Corp, last week removed Dauman and Viacom board member George Abrams from the seven-person trust that will control the shares after Redstone exits. In the statement, Redstone said he will apply "the same deliberation and consideration" he used when he removed Dauman and George Abrams as...
Business leaders will find ways to work with Donald Trump if he becomes president, two experts say.
CEO checklist for President of the United States
Media mogul Barry Diller had some harsh words about Donald Trump.
Match Group, which also owns Match.com and OkCupid, gets bulk of its revenue from membership fees and paid features. Match Group, majority owned by media mogul Barry Diller's IAC/InterActiveCorp, agreed to buy Vancouver- based PlentyOfFish for $575 million in July last year. The Dallas- based company's dating business, its biggest, which includes apps such as...
Match Group, which also owns Match.com and OkCupid, gets bulk of its revenue from membership fees and paid features. Match Group, majority owned by media mogul Barry Diller's IAC/InterActiveCorp, agreed to buy Vancouver- based PlentyOfFish for $575 million in July last year. Net income attributable to Match Group shareholders fell to $7.2 million, or 3 cents per...
Yahoo might sell its hallmark services — but would it find a bidder?
Online dating has failed to produce returns for public market investors. Match Group is out to prove mone can be made.
The owner of Tinder, Match.com and OkCupid hopes to raise as much as $466.2 million in an initial public offering of company shares.
CNBC's Jim Cramer explains why Expedia's acquisition of HomeAway is a good fit in a sharing economy.
Barry Diller, IAC & Expedia chairman, discusses the $3.9 billion deal, weighs in on competition, and explains why the company is now "strategically complete."
Presidential candidate Donald Trump responds to Barry Diller comments via Twitter.
Sources say Barry Diller's IAC/Interactive intends to spinoff part of its Match.com business, reports "Squawk Box's" Andrew Ross Sorkin.
InterActive Corp. is actively trying to damp down "crazy speculation" around its popular dating service Tinder, Barry Diller tells CNBC.
Media mogul Barry Diller tells CNBC that Sony deserves sympathy for the hacking attack and for President Barack Obama criticism.
IAC Chairman Barry Diller, who is on the board of Coca-Cola, reacts to Wintergreen Advisors' David Winters assault on the beverage giant's compensation plan.