Tech

CollegeHumor’s parent company pulled its funding, laying off more than 100 employees and leaving a longtime executive to run the company on his own

Influential comedy website CollegeHumor has lost its financial backing from its parent company IAC, CollegeHumor CCO Sam Reich tweeted on Wednesday. Reich bought it from IAC to avoid shuttering the company and will now manage the newly-formed CH Media. But the company has still gone through a massive restructuring, and […]
CollegeHumor’s parent company pulled its funding, laying off more than 100 employees and leaving a longtime executive to run the company on his own
Tech

Read the email that Tinder’s owner sent refuting the claims made by its former marketing exec who is accusing the company of covering up her alleged assault

Former Tinder VP Rosette Pambakian is suing former Tinder CEO Greg Blatt, who she alleges sexually assaulted her. She is also suing Tinder’s parent companies, Match Group and IAC/Interactive Corp., alleging that they covered up the assault and wrongfully terminated her employment. Match Group CEO Mandy Ginsberg said in a […]
Read the email that Tinder’s owner sent refuting the claims made by its former marketing exec who is accusing the company of covering up her alleged assault
Tech

‘Whatever we operate, we own forever’: IAC’s CEO Joey Levin explains why winning in the consumer internet business is a long term game

IACCEO Joey Levin sat down for an interview with Business Insider global editor-in-chief Nicholas Carlson at IGNITION 2018, BI’s flagship conference for tech and media. Levin talked about how IAC works on a “forever timeline,” meaning the digital holdings company evaluates its businesses like it will own them forever, instead […]
‘Whatever we operate, we own forever’: IAC’s CEO Joey Levin explains why winning in the consumer internet business is a long term game
News

Elon Musk usually reveals new details about SpaceX’s plan to colonize Mars at this annual conference. The next one is in 2 weeks, but Musk hasn’t said whether he’s going.

Elon Musk, the founder of SpaceX, plans to fly a Japanese billionaire around the moon in 2023 inside a new rocket ship. But the launch system, called Big Falcon Rocket, is ultimately designed to colonize Mars. In September 2016 and 2017, Musk revealed new details and updates about his Mars […]
Elon Musk usually reveals new details about SpaceX’s plan to colonize Mars at this annual conference. The next one is in 2 weeks, but Musk hasn’t said whether he’s going.
Tech

Tinder founders say former CEO ‘groped and sexually harassed’ an executive at a company party in a bombshell $2 billion lawsuit

Included in a jaw-dropping lawsuit brought by Tinder’s founders against its parent company, IAC, are allegations of sexual misconduct against its former CEO. The lawsuit alleges that the former Tinder CEO and IAC Chairman Greg Blatt “groped and sexually harassed” Rosette Pambakian, Tinder’s vice president of marketing, and that IAC […]
Tinder founders say former CEO ‘groped and sexually harassed’ an executive at a company party in a bombshell $2 billion lawsuit
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