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IAC's CEO says that understanding consumer-focused internet brands is keeping IAC's stock flying high

IAC is a $15 billion media juggernaut that includes properties like Angi Homeservices, Match Group, and Dotdash. The company's stock continues to perform well in recent years because of the company's ability to play with "lots of different businesses, lots of different brands," said CEO Joey Levin. With Angie's List, IAC kept such close tabs on the company through competitor Home Advisor that eventually the two companies combined into Angi Homeservices.

Facebook and Google continue to dominate digital media, but IAC InterActive seems to have found a way to stand out.

The $15 billion internet conglomerate founded by media mogul Barry Diller operates dozens of digital brands like Angi Homeservices, Match Group, and Dotdash. In September, Jefferies analyst Brent Thill


How tech companies are fighting fake news with humans (FB, GOOG)

Microsoft and NewsGuard are among the companies today fighting fake news with human oversight and moderation. Disinformation and hoaxes have run rampant in recent years, fueled by tech platforms like Facebook. Microsoft takes a different approach, manually curating trusted news for its MSN portal and funneling revenue back to publishers. NewsGuard, meanwhile, assesses and rates news outlets so readers can learn more about the news outlets they're looking at.

To fight fake news, some companies are turning to an old-school technology: humans.

In recent years, the spread of misinformation and hoaxes have been turbo-charged by algorithmic platforms like Facebook and Google — from politically motivated Russian agents to all-American fraudsters just trying to make a quick buck off advertising revenues.

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'Whatever we operate, we own forever': IAC's CEO Joey Levin explains why winning in the consumer internet business is a long term game (IAC)

IAC CEO Joey Levin sat down for an interview with Business Insider global editor-in-chief Nicholas Carlson at IGNITION 2018, BI's flagship conference for tech and media. Levin talked about how IAC works on a "forever timeline," meaning the digital holdings company evaluates its businesses like it'll own them forever, instead of treating them on fixed timelines. IAC owns a number of digital and media companies, including Vimeo, Ask.com, Daily Beast, Angie's List home services, and Match Group's bundle of online dating apps.

Companies are often put on short-term timelines to measure their success, but Joey Levin, CEO of


Facebook's board needs to get a spine and fire Mark Zuckerberg, marketing guru Scott Galloway said (FB)

Facebook ought to fire both CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg for the string of failures on their watch, marketing professor Scott Galloway said at Business Insider's IGNITION conference Monday. Zuckerberg holds majority control over Facebook, but the board ought to get the nerve up to fire him anyway, Galloway said. Sandberg may be a feminist icon, but she still ought to be held accountable for Facebook's scandals and fiascos, he said.

Facebook CEO Mark Zuckerberg may have effective control of the company, but its board can and should fire him anyway, marketing expert Scott Galloway said Monday at Business Insider's IGNITION conference in New York. 


China's biggest streaming-music service reveals the details for its US IPO

Tencent Music on Monday set the price for its US initial public offering after global markets got a boost from a truce in the US-and-China trade war.  The company said American Depository Receipts will price between $13 and $15, helping it raise as much as $1.2 billion.  The IPO was initially scheduled for October 18, but was postponed due to stock-market volatility. Monday's filing comes after President Donald Trump agreed to postpone new tariffs on Chinese imports by 90 days and Chinese President Xi Jinping agreed to buy a substantial amount of US goods and name Fentanyl a controlled substance.

Match Group's CEO audited the company's payroll to make sure she was paying women equally and was surprised at the results (MTCH)

When Mandy Ginsberg took over as CEO of Match Group she vowed to make sure the company was welcoming to women. She knew she had to audit the company's payrolls to make sure that women were paid equally to men. She hired an outside auditor and was so shocked when they told her that Match was paying women 100% equally that she made the auditor double check the results. She now credits one of her long-held leadership practices on how to deal with employee pay.

When Mandy Ginsberg took over as CEO of online dating juggernaut Match Group in mid-2017, she was determined to alter the perception of the industry as a "bro culture" world.

And one step she made was to audit the salaries of her own workforce, which is now 1,500 people, to see if she was paying women and men equally for equal work.


Bill Gates reveals his 5 favorite books he read in the past year

As an avid reader, Bill Gates often shares his recommendations for the best titles of the year. This year's list includes two books on meditation, a memoir, a cautionary Silicon Valley tale, and an exploration of autonomous weapons. Gates said his 2018 recommendations are particularly gift-worthy, with a little something for everyone.

For a man that's busy eradicating malaria and redesigning the world's toilets, Bill Gates has a pretty impressive reading schedule. The Microsoft founder-turned-billionaire-philanthropist is known to read one book a week, or around 50 books a year. 


9 things you should never say to your coworkers at the office holiday party

Too much booze, end-of-year stress, and coworkers can be a recipe for disaster.

That's why office holiday parties are such a minefield of awkward situations.

Many offices are doing away with alcohol, or the party altogether, in the wake of sexual misconduct scandals currently plaguing a range of industries.

But if your office is having festivities this year, it's crucial to remember that you're pretty much still at work, even if it's a party.


20 tech gifts for women that she'll love
Posted December 3, 2018 1:4 PM
20 tech gifts for women that she'll love

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.

The old stereotype used to be that women wouldn't like tech unless it was dumbed down, pink, or sparkly, but now, the industry is changing. You can find tons of excellent tech for women out there that is as stylish as it is powerful.

Instead of buying a bedazzled fitness tracker or a pair of pink headphones and calling it a day, why not get her the tech gifts she actually wants?


Astronaut Anne McClain brought her 4-year-old son to a NASA photo shoot before flying to the space station, and the pictures will melt your heart

NASA astronaut Anne McClain launched to the International Space Station on Monday and arrived at at 12:33 p.m. EST. Before rocketing into orbit, McClain brought her son along to a NASA portrait session. Her son hammed it up for the camera, leading to some adorable official photos of McClain. The astronaut tweeted the photos in March in support of moms who struggle to find a work-life balance.

Before NASA's talented astronauts launch into space, they pose for an official photo shoot.