iac/interactivecorp makes moves in online dating

Suzanne Francis, 22 years old


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But now things are getting really serious. The media conglomerate, whose chairman is Barry Diller, has been snatching up dating sites for the last several years, increasing its bet on the fertile terrain combining technology and romance, where many couples are meeting these iac/interactivecorp makes moves in online dating. Through its two giant dating sites, Match. Then in March, IAC increased its majority stake in Tindera mobile app that is ground zero for the hookup culture, paying an undisclosed amount that is believed to have valued Tinder in the billions. IAC is organized in an unusual way. Less a traditional media company than a conjoined set of loosely affiliated Internet outfits, IAC also owns companies in the search, e-commerce, video and media industries.

By Jan Wolfe. The lawsuit, filed in state court in Manhattan on Tuesday evening, came six months after Rad and other Tinder co-founders sued IAC, accusing it of undervaluing Tinder to avoid paying them billions of dollars. IAC and Match's complaint alleged that, in violation of an employment agreement, over several years Rad created backups of internal emails, forwarded company emails to a personal email address, and directly copied company files that included "highly sensitive, non-public information concerning iac/interactivecorp makes moves in online dating employers' business strategies and plans. Orin Snyder, a lawyer for Los Angeles-based Rad, said in a statement that the iac/interactivecorp makes moves in online dating was "ridiculous" because Rad's employment contract allowed him back up his email.

The lawsuit, filed in state court in Manhattan on Tuesday evening, came six months after Rad and other Tinder co-founders sued IAC, accusing it of undervaluing Tinder to avoid paying them billions of dollars. Tinder is one of several dating services under the umbrella of Match Group, which is mostly owned by IAC. IAC and Match's complaint alleged that, in violation of an employment agreement, over several years Rad created backups of internal emails, forwarded company emails to a personal email address, and directly copied company files that included "highly sensitive, non-public information concerning his employers business strategies and plans. Orin Snyder, a lawyer for Los Angeles-based Rad, said in a statement that the lawsuit was "ridiculous" because Rad's employment contract allowed him back up his email. Rad's lawsuit against IAC and Match, filed in August in iac/interactivecorp makes moves in online dating court in Manhattan, alleged the companies deliberately undervalued the Tinder dating app to limit how much money he and other employees could make from exercising stock options.
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iac/interactivecorp makes moves in online dating

iac/interactivecorp makes moves in online dating
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