"Barry and I decided a year and a half ago not to talk about Aereo," CBS CEO Leslie Moonves says.» Read More
John Malone, Chairman of Liberty Media and Barry Diller, Chariman and CEO of Interactive Corp are both powerful billionaires who are used to getting their way. They've been close business partners until just recently. Now Malone is trying to get Diller ousted from his very own company.
Fake Jane was complaining to Fake Mary Thompson about the usual things--men, job, life, looks, age, money, collagen. Fake Mary ("FM") decided to lighten things up and told Fake Jane to stop acting like a self-loathing diva.
IAC/InterActive Corp reported its second quarter earnings today and net income was up 78%, but Wall Street wasn't impressed -- the jump was thanks solely to divestiture and lower acquisition costs. Looking only at continuing operations (excluding stock compensation and those divestiture costs), the quarter's earnings were 31 cents, a penny less than the year-ago quarter, and two cents less than the analyst consensus. Revenues grew six percent, less than analysts expected.
Expedia, the online travel agency controlled by Barry Diller, said it is cutting its plan to buy back its own shares by almost 80 percent, blaming a lack of attractive financing available in credit markets.