Users complain of account hacks, but OkCupid denies a data breach

It’s bad enough that dating sites are a pit of exaggerations and inevitable disappointment, they’re also a hot target for hackers. Dating sites aren’t considered the goldmine of personal information like banks or hospitals, but they’re still an intimate part of millions of people’s lives and have long been in the sights of hackers. If […]

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IAC-owned publishing company Dotdash grew revenue by 44 percent last year

Holding company IAC just released its fourth quarter earnings report, which includes positive numbers for Dotdash, the rebranded company formerly known as About.com — revenue increased 32 percent in the quarter (to $40.2 million), and it was up 44 percent (to $131 million) for the fiscal year. This comes after big layoff announcements from BuzzFeed, […]

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Tinder fires comms head and other employees who sued company

Tinder has fired its vice president of marketing and communications Rosette Pambakian, as well as other employees who sued Tinder’s parent company Match Group and its controlling shareholder IAC earlier this year. The Verge first broke the news of the firings. A Match Group spokesperson confirmed that a number of Tinder employees have been terminated, […]

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IAC reorg makes Vimeo and DotDash standalone segments, adds new acquisition Robokiller

IAC is changing the way its business is organized, the company reported during its Q3 2018 earnings on Wednesday. The company’s video platform Vimeo and DotDash (previously About.com) will become their own separate segments at IAC starting in Q4. That means they’ve reached the point their revenues can stand on their own. The company beat on […]

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CollegeHumor unveils Dropout, a subscription service for comedy videos, comics and more

CollegeHumor is getting into the subscription business with a new service called Dropout. Dropout is part of CH Media, the IAC -owned subsidiary that also includes Dorkly, Drawfree and CollegeHumor proper. It’s not just a subscription video service. Yes, there will be ad-free video series, many of them starring familiar faces from previous CollegeHumor shows, […]

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Daily Burn plans a new line of fitness apps, starting with HIIT Workouts

Daily Burn, the online fitness brand owned by IAC, launched a new iPhone app today devoted to the popular workout style known as HIIT (high-intensity interval training). Daily Burn already offers a general training app, but the company says it’s planning a whole series of vertical workout apps, starting with HIIT Workouts. They are “bringing personalized workout […]

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LendingTree is the secret success story of fintech

For all of the excitement centered around fintech over the past half-decade, most venture-backed fintech companies struggle to acclimate to public markets. LendingClub and OnDeck have plummeted since their late 2014 IPOs after several years of darling status in the private markets. GreenSky, which went public in May of this year, has been unable to […]

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Tinder founders sue parent companies Match and IAC for at least $2B

A group of Tinder founders and executives has filed a lawsuit against parent company Match Group and its controlling shareholder IAC. The plaintiffs in the suit include Tinder co-founders Sean Rad, Justin Mateen and Jonathan Badeen — Badeen still works at Tinder, as do plaintiffs James Kim (the company’s vice president of finance) and Rosette […]

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CarBlip’s car buying app raises $2 million

CarBlip, a new car-buying mobile application that’s aiming to compete with services like Wyper, has raised $2 million in a new round of financing. The investment was led by Nordic Eye Venture Capital with participation from the startup studio and seed investment firm, Science. CarBlip chief executive Brian Johnson, said that the company’s main purpose was […]

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Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market

 The car leasing and rental market is forecast to be worth $124 billion in 2022, and today a startup that is hoping to get a piece of that action by making the process of leasing a car easier is announcing a Series A in its effort to get there.
Honcker — a New York-based startup that acts as an aggregator and search engine for leasing services, and platform for would-be customers to… Read More

View More Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market