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 ..
Read more(Reuters) – Travel review website operator TripAdvisor Inc reported a 29.2 percent rise in quarterly revenue as it earned more from click-based advertising and display ads. Shares of the company, which owns websites such as tripadvisor.com and oyster.com, rose about 5.8 percent to $81.30 in extended trading on Wednesday. Revenue from click-based advertising rose 20 percent to $249 million in the first quarter ended March 31 from a year earlier and accounted for 69 percent of total revenue, the company said
Read moreBy Alastair Macdonald BRUSSELS (Reuters) – Can a bunch of graying politicians in Brussels really get with it and give Europe a revolutionary open market in digital technology? Jean-Claude Juncker and other EU executives poked fun at their own generation in an online video posted on Twitter on Wednesday to try and convince younger Europeans that they can.
Read moreThe EU executive will propose cutting the bloc’s sales tax on online newspapers, European Commission President Jean-Claude Juncker said on Wednesday, in a move that would bring them into line with print media. Addressing Germany’s newspaper publishers federation BDZV in Brussels, Juncker said the Commission would put forward draft legislation in the first half of next year to extend national governments’ right to set reduced rates of value-added tax (VAT) on newspapers to their digital versions
Read more(Reuters) – Mobile game maker King Digital Entertainment Plc's quarterly revenue and profit handily beat market estimates as newer games such as “Candy Crush Soda Saga” more than made up for declining popularity of older titles. King Digital, whose shares jumped 18 percent in extended trading on Thursday, also said it would buy Seattle-based game developer Z2Live Inc. Total gross bookings, an indicator of future revenue, increased 8 percent to $586 million in the fourth quarter ended Dec.
Read moreLinkedIn's hiring business has been thriving, clocking revenue growth of nearly 50 percent in each of the last three quarters, helped by rapid expansion in international markets such as China. “In the fourth-quarter, more than 75 percent of new members came to LinkedIn from outside the United States,” Chief Executive Jeff Weiner said on a post-earnings call. The company added 3,000 new customers to its hiring business in the quarter, Chief Financial Officer Steve Sordello said.
Read moreTwitter on Thursday said that the absolute number of net user additions in the first quarter was on track to equal the rate in each of the first three quarters of 2014.
Read moreBy Malathi Nayak SAN FRANCISCO (Reuters) – Zynga Inc reported better-than-expected third-quarter results as the maker of “Farmville” set its mobile gaming push in motion with releases such as “New Words with Friends.” Shares in the San Francisco-based mobile gaming company, were up about 8 percent in after-hours trading on the Nasdaq after ending Thursday's session up a cent at $2.36.
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