254-7-million Archives

Tinder, Match.com owner seeks date with investors

October 16, 2015 creative 254-7-million, barry-diller, financials, lead-the-ruling, liberal, quarter-ended, support, their-support, well-received

The company is owned by media mogul Barry Diller’s IAC/InterActiveCorp , which said in June it would float less than 20 percent of Match in an IPO. Revenue rose 10.3 percent to $888.1 million in 2014, according to the company’s IPO filing, while it jumped 19 percent to $254.7 million in the second quarter ended June. “It looks like it will be well received by the IPO market ..

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Twitter to pay Kordestani annual base salary of $50,000

October 16, 2015 publisher 254-7-million, allay-concerns, barry-diller, executive, google-as-its, initial-public, kordestani, mobile-payments, role-as-head, ventura

(Reuters) – Twitter Inc said it would pay new Executive Chairman Omid Kordestani an annual base salary of $50,000 and a one-time grant of options to buy 800,000 shares of the microblogging website operator. Kordestani's appointment was a move by Twitter to allay concerns about Dorsey's dual role as head of mobile payments company Square Inc.