New York's Tech Elite And Open Web Advocates Back — and Fund — Tim Wu For Lieutenant Governor
Barry Diller's IAC, Tumblr's David Karp, Netflix's Reed Hastings and other have all donated to Wu's campaign, largely because of the lieutenant governor candidate's opposition to the Comcast/Time Warner merger and support for net neutrality.
Fantasy Sports League FanDuel Raises $70 Million In Venture Capital Round Typically Reserved For Hot Tech Startups
Shamrock Capital Advisors led the round, joined by new investors NBC Sports Ventures and KKR. The new round is seven times larger than its last capital raise and brings FanDuel's total amount raised to $88 million.
Barry Diller's Match.com Follows HowAboutWe Into Business of Planning Dates for Couples
HowAboutWe for Couples and Delightful, a new service from the company that owns Match.com and OkCupid, specialize in planning dates for users. It's a way to cater to customers who have already found that special someone.
Become A Millionaire Playing Fantasy Football
DraftStreet, the fantasy sports website that allows for daily and weekly instead of full-season play, will bring 40 players to Las Vegas to compete in a tournament with a $1 million grand prize, the largest single guaranteed award in fantasy sports history.
Newsweek Owner: "I Don't Have Great Expectations. I Wish I Hadn't Bought Newsweek"
Barry Diller, the chairman of Newsweek parent company IAC, told Bloomberg News Monday he didn't have "great expectations for Newsweek" and that he wishes he had not decided to buy the struggling newsweekly that recently cut its print edition.