Genealogy Web site Ancestry.com has succeeded in raising $100 million in its initial public offering. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenue, it fared better than other IPOs that have recently priced below their filing ranges.

Ben Silverman, Co-Chairman of NBC Entertainment and Universal Media Studios, is leaving the network to form a new company with internet firm IAC

Internet company IAC/InteractiveCorp, which owns sites such as Ask.com and Match.com, has weathered the economy more successfully than most old media companies, CEO Barry Diller told CNBC Friday.