IAC
Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023
Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go public…
Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech…
Dating app giant Match is getting a new CEO. Just over two years after assuming the top exec position, Match CEO and 16-year employee Shar Dubey is stepping down. The…
Tinder is developing a feature called ‘Swipe Party’ that invites friends to join your swiping sessions
Tinder confirmed it’s exploring a new feature called Swipe Party which offers a way to make sorting through possible matches a more social experience. According to details spotted in the…
Dating app giant Match has settled its lawsuit with a group of Tinder founders and executives for $441 million. The suit, filed in 2018, had alleged that IAC and its then-subsidiary…
Vimeo snaps up AI video startup Wibbitz and ‘shoppable’ video tech maker Wirewax to expand its enterprise video tools
Vimeo, the B2B video platform that spun out from IAC earlier this year, has made a pair of acquisitions aimed at building out the suite of features and tools it…
As people’s expectations for consumer experiences are higher than before, Block Renovation “productizes” home renovation by packaging everything together for both the homeowner and contractor.
Match Group details plans for a dating ‘metaverse,’ Tinder’s virtual goods-based economy
Tinder has already undergone a big revamp with its recent launch of “Explore,” a new section inside the app that will enable more interactive experiences, including the second “Swipe Night”…
Tinder adds a new home for interactive, social features with launch of Tinder Explore
Tinder is redesigning its app to put a larger emphasis on its social, interactive features with the launch of “Explore,” a new section that will feature events, like the return…
Tinder’s interactive ‘Swipe Night’ stories return after a 20 million user turnout
Over the last year, Tinder has experimented with creative ways for people to connect beyond just swiping right. Pandemic or not, it’s hard to make the first move — so…
The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia.…
Despite the company’s putative performance not being very good thus far today, I can’t really find much bad about the company’s valuation and implied multiples.
With vaccination rates slowing in the U.S., the White House is getting creative about getting shots in arms. Beyond protecting yourself and others from a deadly disease, the latest incentive…
NurseFly, the healthcare jobs marketplace owned by IAC, has rebranded to Vivian Health as it expands its range of services. Originally launched for traveling nurses (or nurses willing to travel…
The public markets have been so active lately that it’s hard to drum up excitement for yet another company making its way to the bull market. But, in the case…
IAC has acquired Confide, the encrypted mobile messaging that once made headlines for its use by White House staffers during the Trump administration. The deal, which closed on Dec. 1,…
‘Slow dating’ app Once is acquired by Dating Group for $18M as it seeks to expand its portfolio
Five-year-old “slow dating” app Once has been acquired by the Dating Group, one of the largest companies in the dating world, for $18 million in cash and stock. Dating Group…
IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said…
F3, an anonymous Q&A app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to unlock a ‘Plus’ version that…
Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey…
Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds
IAC and Match Group announced that they have completed a “full separation.” Previously, Match Group (which owns Tinder, Hinge, OkCupid, PlentyOfFish and Match itself) was a publicly traded company, with…
Facebook will soon allow users to go on “virtual dates,” the company announced today. The social network is planning to introduce a new video calling feature that will allow users…
Tinder cancels its apocalyptic-themed show ‘Swipe Night’ out of sensitivity to coronavirus outbreak
Citing sensitivities to the ongoing COVID-19 pandemic, dating app Tinder is canceling the international release of its apocalyptic-themed, in-app video series, “Swipe Night.” The company had planned to release the…
Bluecrew, a flexible staffing business owned by holding company IAC, is launching a new mobile app called Bluecrew Manager. Rather than relying on a network of independent contractors, Bluecrew hires…
Eight years ago, Two Sigma Investments began an experiment in early-stage investing. The hedge fund, focused on data-driven quantitative investing, was well on its way to amassing the $60 billion…
IAC has sold off a majority stake in CH Media, the parent organization behind CollegeHumor. The new owner? CH Media’s chief creative officer Sam Reich.
Thimble, which offers flexible, short-term insurance to small businesses and freelancers, is announcing that it has raised $22 million in a Series A funding round led by IAC. Until today,…
Digital media holding company IAC has taken the next step toward spinning off Match Group, with a proposal outlining what that process would look like. Match Group (which owns Tinder,…
Lawyers for former Tinder execs file to dismiss ‘retaliatory’ defamation lawsuit
Last week, former Tinder CEO Greg Blatt filed a defamation lawsuit against Sean Rad and Rosette Pambakian, who are part of a group of Tinder founders and former executives who…
Former Tinder CEO Greg Blatt has filed a defamation lawsuit against Sean Rad and Rosette Pambakian, seeking at least $50 million in damages and accusing them of having “conspired to…