Anjali Sud, CEO of Vimo Nourphoto | Nourphoto | Getty Images Shares of IAC jumped 16.6% after the company announced on Tuesday morning that it was cutting its entire stake in video software software company Insurance. Vimeo will become an independent publicly traded company after the expected deal closes in …
Read More »Google will apply a 30% cut on in-app purchases next year
The CEO of Alphabet makes a beautiful gesture during the annual meeting of the World Economic Forum (WEF) in Davos on January 22, 2020. (Photo by Fabrice Cofrey / AFP) (Photo by Getty Images Fabrice Cofrey / AFP) Google said Monday it would enforce rules for app developers to distribute …
Read More »In Battle Royale vs. Apple, Spotify and Match Group cast support behind ‘Fortnite’ developer Epic Games
“Fortnite” maker Epic Games is targeting a bona fide dust-up against Big Tech, and it is gaining the support of other leading app developers in the process. Spotify Technology Inc. SPOT, -0.92% and Match Group Inc. MTCH, + 1.15% has recently issued statements in support of Epic, which has filed …
Read More »MGM Resorts stock runs after $ 1 billion investment from Diller’s IAC
The marquee and sign at an entrance to MGM Grand Hotel & Casino are showing messages after the resort in the Las Vegas Strip closed as the coronavirus continues to spread across the United States on March 17, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Barry Diller’s …
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