Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
You can save money by doing a quick check and unsubscribing from apps you no longer use.Technologyread more
Investors are holding out hope that Fed Chair Jerome Powell lays the groundwork for a rate cut as soon as July. Even just one this year would be a mistake, says Amanda Agati,...Trading Nationread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Luckin's opportunity in China is "one of the world's greatest retail growth opportunities," according to KeyBanc Capital Markets.Investingread more
"It's going to be what it's going to be," he told CNBC's "Squawk on the Street." "You take these projections, and you can take them so high, so for us, it just seems sensible—it'll be what it'll be—and let's not get crazy before it is."
He said Tinder has experienced "enormous growth" and its paid subscription model has attracted hundreds of thousands of customers since it launched in March, "vastly more" then IAC ever anticipated. However, he said he didn't want market froth to affect the business.
Read More Tinder swipes right on monetization
"Our responsibility is to grow it sensibly and to be, in our own minds, prudent and skeptical, while at the same time pushing it every way we can on the ground," he said.
Asked exactly how much of Tinder IAC owns, Diller said it was more than 60 percent, but less than 95 percent.
Those who assume the true value of Tinder is in the billions of dollars are making a speculative bet, he said.
"I would look instead at the values inside the company and pay attention to either those achieved or near-achieved values," Diller said.