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Peter Schiff Criticizes Trump's Tariff Strategy, Oil Prices Drop Following Netanyahu's Statement, Kamala Harris Pledges To Remove Unnecessary Degree Requirements And More: Top Political Updates This Week
Sunday, October 20, 2024 - 1:58am | 504The past week was a hotbed of activity, with political debates and economic strategies taking center stage. From tariff discussions to election battles, the week saw a flurry of statements and counterarguments from prominent figures. Here’s a quick recap of the top stories that made headlines...
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Billionaire Trump Supporters 'Refuse To Talk About The Character Of…Rotten Person': Media Mogul Barry Diller Sounds Off On Elon Musk, Others
Monday, October 14, 2024 - 7:28pm | 757Media mogul Barry Diller, who is the chair of IAC Inc (NASDAQ:IAC) is among the technology sector entrepreneurs who are backing Vice President Kamala Harris in the 2024 election. In recent interviews, Diller opened up on his feelings about Harris' election opponent Donald Trump. What Happened:...
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Here Are All The Wall Street Titans Backing Harris's Presidential Bid So Far
Sunday, July 28, 2024 - 2:34pm | 470Key figures in the world of finance are rallying behind Vice President Kamala Harris in spite of her past tensions with Wall Street and her potential impact on financial sector stocks if elected president. What Happened: Billionaires such as Jonathan Gray of Blackstone, Marc Lasry from Avenue...
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'Don't Discount Kamala Harris Yet,' Says IAC Chairman Barry Diller, Recounting How 'She Mobilized Her Forces And… Shut Everyone Else Down' Within Hours Of Biden Stepping Down
Saturday, July 27, 2024 - 7:00am | 545IAC chairman Barry Diller on Friday praised Vice President Kamala Harris while recounting what happened after President Joe Biden last week decided to exit the 2024 presidential race. What Happened: While appearing on CNBC, Diller said he was impressed by Harris’s quick mobilization of...
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Tesla, Paramount Global, Annovis Bio, Eli Lilly, Amazon: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, July 2, 2024 - 11:38pm | 612On Tuesday, the Dow Jones Industrial Average rose by 0.4%, closing at $39,331.85, while the S&P 500 also ended the day in positive territory, increasing by 0.6% to finish at 5,509.01. Additionally, the Nasdaq gained 0.8%, closing at 18,028.76. These are the top stocks that gained the attention...
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Google's Ad Expansion Met With Resistance From Expedia And IAC Chair: 'I'm On The Edge Of Revolt Now'
Wednesday, November 1, 2023 - 8:43pm | 739Barry Diller, the chair of IAC Inc. (NASDAQ:IAC) and Expedia Group Inc. (NASDAQ:EXPE), previously voiced his dissatisfaction with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s advertising approach, hinting at an impending “revolt....
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Barry Diller Says An 'Aardvark' Could Beat Trump In 2024 Presidential Election, Biden Shouldn't Run Again
Wednesday, September 27, 2023 - 12:12pm | 459Media mogul Barry Diller doesn't want to see former President Donald Trump or current President Joe Biden run again in 2024, but polls suggest we may get a rematch of the 2020 election next year. What Happened: Tuesday on CNBC's "Squawk Box," Diller shared his thoughts...
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AI Art Does Not Have Copyright Protection, Judge Rules: What It Means For Hollywood
Monday, August 21, 2023 - 12:33pm | 732For over a century, Hollywood has been the nerve center of global entertainment. In recent years, the industry has faced threats of disruption, not just from innovative streaming platforms such as Netflix Inc (NASDAQ:NFLX) or Walt Disney Co,’s (NYSE:DIS) Disney+ but from the technology itself...
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Movie Stars Vs. C-Suite Brass: Hollywood Strike Gets Ugly As CEO Tells A-Listers Where To Go
Monday, July 17, 2023 - 2:33pm | 1197You take a pay cut!: That's what Barry Diller, a renowned former Hollywood studio chief, thinks big-name actors should do — at least the ones who are clamoring for pay parity in the movie industry. What Happened: “The one idea I had is to say, as a good-faith measure, both the...
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Urban Air Mobility Pure Play Blade Gets SPAC Deal
Tuesday, December 15, 2020 - 5:13pm | 617A new publicly traded pure play on urban air mobility is coming, with Blade announcing an SPAC deal Tuesday. The SPAC Deal: Blade is going public via Experience Investment Corp (NASDAQ: EXPC). The $125-million PIPE includes new investors Hedosophia, KSL Capital and David Geffen and original...
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Google Accuses Ask.com Owner IAC Of Browser Hijacking: Wall Street Journal
Sunday, December 6, 2020 - 1:08pm | 323IAC Chairman Barry Diller A fight is developing between Google and IAC/Interactivecorp. (NASDAQ: IAC), The Wall Street Journal reported today. What Happened: Google is considering removing IAC's Chrome browser extensions from the Google store. This is after an audit turned up deceptive...
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Billionaire Barry Diller Blasts TikTok-Oracle Deal, Kyle Bass Says Security Threat 'Grave'
Tuesday, September 22, 2020 - 3:25pm | 403The ongoing TikTok-Oracle Corporation (NYSE: ORCL) back-and-forth has yet to transform into a deal, and the process has morphed into "a crock," billionaire media mogul Barry Diller said on CNBC's "Squawk Box." No Longer About National Security: The original thesis of...
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IAC Trades Down After Q2 Report, Gambles On Increased MGM Stake
Monday, August 10, 2020 - 4:43pm | 331IAC/InterActiveCorp (NASDAQ: IAC) reported $726.4 million in second-quarter sales Monday, a 38.8% decrease over sales of $1.19 billion in the same period last year. The company reported second-quarter GAAP EPS $1.13 versus 16 cents in the same quarter last year and adjusted EBITDA at...
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Barry Diller Blasts Corporate Earnings Guidance, Calls It 'Wasteful' Exercise
Friday, June 5, 2020 - 9:27am | 380The economy will "eventually" rebound but in the meantime, companies are wasting time trying to come up with quarterly or yearly guidance, Barry Diller, chairman of Expedia Group Inc (NASDAQ: EXPE) and IAC/InterActiveCorp (NASDAQ: IAC), said on CNBC's "Squawk Box." What...
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Barry Diller's IAC To Buy Care.com
Friday, December 20, 2019 - 12:01pm | 209Care.com (NYSE: CRCM) shares are trading higher after the company announced it will be acquired by IAC/InterActiveCorp (NASDAQ: IAC) for $15 per share in an all-cash transaction of $500 million. This valuation represents a 34% premium to Care.com's closing stock price on Oct. 25, the last...