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Topic: IAC

Layoffs Hit The Daily Beast

About two dozen employees get the axe

The Daily Beast may be spared from shuttering for at least another year, but it will continue to operate with a staff that's about two dozen employees lighter, according to…

The Daily Beast Has a Post-Tina Brown Future—For Now

Parent company IAC Approves 2014 budget

The Daily Beast will live to see another year—but beyond that is anyone's guess. "The Daily Beast is not for sale and is not closing," interim CEO Rhona Murphy said in…

Tina Brown Leaving The Daily Beast to Start Her Own Company [Updated]

New venture to be called Tina Brown Live Media

Tina Brown's days at The Daily Beast are numbered. The seasoned editor will leave the company in January, after her contract ends, to start an eponymous enterprise called Tina Brown Live Media,…

Newsweek Daily Beast CEO Baba Shetty Resigns

Digital First Media reportedly interested in buying news mag

Baba Shetty, the Newsweek Daily Beast Co. CEO, is leaving the company ahead of Newsweek's planned sale, Tina Brown announced today in a company-wide memo. Shetty, who was the chief…

Report: IAC Seeks Buyer for Newsweek [Updated]

Sale would be third in three years

IAC has confirmed reports that it's seeking a buyer for the hobbled newsweekly, which has already been sold twice in the past three years, then ended its U.S. print edition. In…

IAC Shutters Hatch Labs

Investment halted roughly three weeks ago

IAC has shut down Hatch Labs, its startup incubator aimed at developing mobile apps and technology.  According to a company spokesperson, the Hatch business, the result of a partnership between IAC…

Huge's Unusual Romance With OKCupid

Digital agency takes higher-risk revenue-sharing deal to build blind dating app

If OKCupid's newest blind-dating app does well enough, digital agency Huge will get some of the cash. The Interpublic Group shop created the OKCupid app—"Crazy Blind Date"—for the IAC-owned dating site…

Why Newsweek's Digital Move Makes Sense

And why it probably won't last

No one really believes Newsweek is going to create the first successful subscription-based digital publication, when that format has been a failure so far. But even if it doesn’t, the…

CBS Interactive, nRelate Partner in Curation

The fight to discover and recommend content on the Web heats up

Those in the online publishing game constantly compete for the chance to put content in front of Internet users, and a new partnership between CBS Interactive and the content discovery…

Facebook Pushing Further Into Search Ads

Testing Sponsored category with ads from Disney, Zynga, Match.com

Is Facebook pushing further into Google's territory? It sure looks that way, as the company has quietly begun rolling out more search-driven advertising, including a new category of Sponsored search ads. Last…

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