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IAC narrowly beats Wall Street third-quarter revenue estimates
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +2 min
Nov 7 (Reuters) - Internet holding company IAC (IAC.O) beat Wall Street third-quarter revenue estimates on Tuesday, as the owner of publisher Dotdash Meredith saw traffic growth return for core brands. IAC owns Dotdash Meredith, America's largest digital and print publisher, as well as brands such as the Daily Beast and care services platform Care.com. Revenue fell 15% to $1.11 billion, narrowly beating analyst estimates, amid a challenging advertising market. Revenue at Dotdash Meredith, its biggest business, fell 11% to $417.5 million, with digital and print revenue declining 4% and 16%, respectively. Consolidated adjusted EBITDA grew 83% year-over-year, with adjusted core earnings growing at home services platform Angi and Dotdash Meredith.
Persons: Dotdash Meredith, We've, Joey Levin, GAI, Helen Coster, Manya, Krishna Chandra Organizations: IAC, Daily, Revenue, Consolidated, Dotdash Media, . Copyright, Manya Saini, Thomson Locations: Dotdash, New York, Bengaluru
Birds in North America will no longer be named after people, the American Ornithological Society announced Wednesday. “There is power in a name, and some English bird names have associations with the past that continue to be exclusionary and harmful today,” the organization's president, Colleen Handel, said in a statement. “Everyone who loves and cares about birds should be able to enjoy and study them freely.”Rather than review each bird named after a person individually, all such birds will be renamed, the organization announced. She said heated discussions over bird names have been happening within birdwatching communities for the past several years. And a group called Bird Names for Birds sent a petition to the ornithological society urging it to “outline a plan to change harmful common names” of birds.
Persons: Colleen Handel, Alexander Wilson, John James Audubon, John P, McCown, “ I'm, , Emily Williams, Susan Bell, Christian Cooper, Amy Cooper, Cooper, birdwatchers Organizations: American Ornithological Society, Confederate Army, Georgetown University, National Audubon Society, National Audubon Society's, Audubon, Birds, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: North America, U.S, Canada, , New
Where it's being heldThe AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London. What it seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The British government wants the AI Summit to serve as a platform to shape the technology's future. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI. "By focusing only on companies that are currently building frontier models and are leading that development right now, we're also saying no one else can come and build the next generation of frontier models."
Persons: Rishi Sunak, Peter Nicholls, Rishi Sunak's, ChatGPT, Getty, codebreakers, Alan Turing, It's, Kamala Harris, Saul Loeb, Brad Smith, Sam Altman, Global Affairs Nick Clegg, Ursula von der, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, , Xi Jinping, Biden, James Manyika, Manyika, Mostaque, we're, Sachin Dev Duggal, Carl Court Organizations: Royal Society, Carlton, Getty, U.S, Microsoft, Coppin State University, AFP, Meta, Global Affairs, Global Affairs Nick Clegg U.S, Ministry of Science, Technology European, Joe Biden Canadian, Britain, Afp, Getty Images Washington, U.S ., Google, CNBC, Big Tech Locations: London, China, Bletchley Park, British, America, Baltimore , Maryland, Chesnot, U.S, Nusa Dua, Indonesian, Bali, EU
[1/3] Italian artist Michelangelo Pistoletto's 'Venus of the Rags' is displayed in Piazza Municipio before being destroyed in a fire, in Naples, Italy June 27, 2023. It will absorb what was left from the fire of the original artwork, art critic Vincenzo Trione explained, "to show that it is possible to rise from the ashes, not only metaphorically". The original "Venus of the Rags" was created in 1967 and various versions are on display in museums across Europe, including the Tate Gallery in Liverpool, northern England. I would have never thought in 1967 that I would find myself once again immersed in this piece of art," Pistoletto said, adding that "we must now heal (Venus)". The installation is meant to convey the juxtaposition between eternal beauty, represented by Venus, and modern society's social degradation and consumerism.
Persons: Michelangelo Pistoletto's, Ciro De Luca, Michelangelo Pistoletto, Vincenzo Trione, Gaetano Manfredi, Pistoletto, Giulia Segreti, Keith Weir, Tomasz Janowski Organizations: REUTERS, Rights, Naples, Tate, Venus, Thomson Locations: Italian, Piazza Municipio, Naples, Italy, Piazza del, Europe, Liverpool, England
NEW YORK (AP) — On the 400th anniversary of Shakespeare's First Folio, rare originals are being displayed and publishers are offering collectors editions of Shakespeare's plays, including one that sells for $1,500. The British Museum is collaborating with Rizzoli Books in New York on “Shakespeare’s First Folio: 400th Anniversary Facsimile Edition,” contained within a slipcase cover. Besides Doran's introduction, the Folio Society release includes a foreword by Dame Judi Dench. “In an era when everything seems disposable, I feel like there's a good market for fine editions of classic books,” says Folio Society publishing director Tom Walker. “You can buy a Ben Jonson folio for a few thousand dollars; a Shakespeare folio will cost you millions.
Persons: Shakespeare's, Mr, William Shakespeares, Shakespeare, “ Macbeth, , ” Gregory Doran, Adrian Edwards, George R.R, Martin's, Dame Judi Dench, Neil Packer, , Tom Walker, Chris Laoutaris, Ben Jonson, Benjamin Jonson ”, Henry, Emily Folger, Sir George Grey, ” Laoutaris, , James Shapiro Organizations: Royal Shakespeare Company, British Museum, New York Public Library, British, Rizzoli Books, Folio Society, Folio, Shakespeare Institute, Avon, Columbia University Locations: New York, London, playwright's, Stratford, British, Australia, New Zealand, South Africa, United States, United Kingdom, Japan, Germany, France
Researchers said on Monday the solar storm - the sun sending a large burst of energetic particles into space - occurred 14,300 years ago. Nine such extreme solar storms now have been identified using tree-ring radiocarbon evidence, with the most recent in 774 and 993 AD. The largest directly observed solar storm, called the Carrington Event, occurred in 1859, wreaking havoc on telegraphs and creating a nighttime aurora so bright that birds sang as if the sun was rising. The effects of solar storms can disable electronics. "If similar solar storms happened today, they could be catastrophic for society, as we are so reliant upon technology," Heaton said.
Persons: Cecile Miramont, eked, Tim Heaton, Heaton, Edouard Bard, Cécile Miramont, Will Dunham, Rosalba O'Brien Organizations: REUTERS, University of Leeds, Engineering Sciences, Marseille University, Thomson Locations: Gap, Handout, England, France, paleoclimates, Aix, Washington
Netanyahu’s vow to unleash the full force of the Israeli military on Hamas has raised fears for the safety of Israeli civilians spread in undisclosed locations across the densely populated Gaza Strip. “It will make things much more complicated.”Political Cartoons View All 1202 ImagesLocating Israeli hostages in Gaza — something Israeli intelligence agencies failed to do in the case of Shalit — poses further challenges. “So the army would have to bomb everything.”Hamas already has said it seeks the release of all Palestinian prisoners in Israeli jails — some 4,500 detainees, according to Israeli rights group B’Tselem — in exchange for the Israeli captives. There is “absolutely no chance” that the current government would agree to the release of Palestinian prisoners, said Gayil Talshir, a political scientist at the Hebrew University of Jerusalem. This included the Schalit deal in 2011, and Israel’s release of 1,150 jailed Palestinians in exchange for three Israeli prisoners in 1985.
Persons: Benjamin Netanyahu’s, Gilad Shalit, Israel, Netanyahu, ” Michael Milstein, Shalit, , Yaakov Amidror, , Khalil Shikaki, , Gayil Talshir, Yair Lapid, Netanyahu “, Bezalel Smotrich, ” “, Ehud Yaari, Tali Levy, Adva Adar Organizations: JERUSALEM, Gaza, Hamas, West Bank, Palestinian Authority, Palestinian Center, Policy, Survey Research, Palestinian, Hebrew University of Jerusalem, Saturday Locations: Jihad, Gaza, Tel Aviv, Israel, , Ashdod
Yet the famed investor has only topped Forbes' list of the wealthiest Americans once, in 1993. AdvertisementAdvertisementWarren Buffett has been a billionaire for nearly four decades – but only topped Forbes' annual list of the 400 richest Americans on one occasion, back in 1993. He has topped the Forbes list 25 times, including for 24 consecutive years between 1994 and 2017. Individuals worth less than $10 billion topped Forbes' rankings every year between 1982 and 1994. The leader was worth below $90 billion each year until 2018, when Bezos ranked first with a $160 billion fortune.
Persons: Warren Buffett, Buffett, Bill Gates, , Forbes, Daniel Ludwig, Gordon Getty, Sam Walton, John Kluge, Jeff Bezos, Elon Musk, Gates, Larry Ellison, he's, outshone Buffett, , Alice Schroder, Rick Wilking, Melinda French Gates, Bezos Organizations: Forbes, Service, Walmart, Microsoft, Amazon, SpaceX, Oracle, Berkshire Hathaway, Gates Locations: Berkshire, Omaha
City dwellers who vote, volunteer, and give to charity are the most neighborly, Americans say. That's according to a survey by Neighbor.com, which ranked cities based on these factors. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. These were the two largest factors considered when determining the annual "Most Neighborly Cities List." Voter turnout and crime rate were weighed higher than philanthropic giving and volunteer work — illustrating how important civic engagement is for people.
Persons: , Joseph Woodbury Organizations: Service Locations: Utah
In September, Neighbor.com released its ranking of the most neighborly cities in the United States. It's important to note that three of the cities in the top 10 are in Utah. The state recently ranked as the happiest state in America, according to WalletHub. According to the WalletHub report, Utah had the highest volunteer rate, with 40.7%, 2.6 times higher than Florida, with the lowest volunteer rate. It also had the lowest separation and divorce rate in the country.
Persons: Neighbor.com, Neighbor, Joseph Woodbury Organizations: CNBC Locations: United States, U.S, Utah, America, Florida
Back then, no one knew what the ocean floor looked like — until one woman used her many talents to find out. When she reflected on her life, geologist Marie Tharp recollected being able to fill in the blanks of the ocean floor, which she saw as a fascinating jigsaw puzzle. Their final project together was the World Ocean Floor Map. The Heezen-Tharp “World Ocean Floor” map painted by Heinrich Berann. Marie Tharp Maps, LLCAfter Heezen's death, organizations that had hired him and Tharp to work on projects reassigned them.
Persons: didn't, Marie Tharp, Marie Tharp recollected, Tharp, Columbia University's, Lamont, Alfred Wegener's, Wegener, he'd, Bailey Willis, Willis, Bettie Higgs, Maurice Ewing, Roberta Eike, Tharp didn't, they'd, Bruce Heezen, Frank Albert Charles Burke, Heezen, Howard Foster, she'd, Ewing, Jacques Cousteau, Cousteau, Marie Tharp's, Heinrich Berann, you'd, It's, Hali Felt, Higgs, Society's Hubbard, Mary, Abraham Lincoln, Thomas Edison, George Washington Organizations: Service, Columbia, Columbia University's Lamont Geological Laboratory, University of Michigan, Columbia University, Lamont, Fairfax Media, Getty, US Navy, Oceanographic Conference, ABC, Disney, Entertainment, National Geographic, Mary Sears Woman, Oceanography Locations: Wall, Silicon, German, American, Lamont, Massachusetts, Nova Scotia , Massachusetts, France, Gibraltar, United States
Elon Musk's grandfather, Joshua Haldeman, was a "radical conspiracy theorist," the Atlantic reports. AdvertisementAdvertisementThe organization also referred to people as numbers (apparently, Musk's grandfather was 10450-1) and sometimes added Xs to their names. A newspaper cited by the magazine said the group gave off "the tone of an incipient Fascist movement ." Like grandfather, like grandsonHistorians note Musk's ideas that technology can solve most of society's ills reflect some of the same technocratic beliefs his grandfather promoted. Haldeman, Musk's maternal grandfather, was born in 1902 in the US before his family moved to Canada at a young age.
Persons: Elon Musk's, Joshua Haldeman, Haldeman, Howard Scott, Musk's, Hitler, Elders of Zion, Musk, Grimes, Technocrats, George Soros, Wyn Haldeman, née Fletcher, Maye Organizations: Service, Bettmann, Getty, North America . Heritage Art, Getty Canada, Social Credit Party, Elders of, Twitter, Defamation, ADL Locations: Canada, Wall, Silicon, Los Angeles , California, North America, California, Atlantic, Josephine County , Oregon, South Africa
Biotech CEO Bryan Johnson's strict diet, which he claims reverses aging, involves eating a blended mush of steamed vegetables and lentils. "I no longer have arousal from eating junk food," Johnson told Insider in a separate interview. Johnson told Time's Charlotte Alter that he thought his strict health routine was "the most significant revolution in the history of Homo sapiens." "I no longer have arousal from eating junk food," Johnson told Insider in a separate interview. AdvertisementAdvertisementTo be sure, scientists told Insider that Johnson's approach has unclear health benefits.
Persons: Bryan, Johnson, Bryan Johnson, Time's Charlotte Alter, Jan Vijg Organizations: Service, Albert Einstein College of Medicine Locations: Wall, Silicon
One of the most fascinating things that followed had to do with a particular parenting style that hurts children's confidence and self-esteem. Critical parenting can lead to a 'false self'The most successful parents don't follow a critical style of parenting. Parents who raise the strongest and most resilient kids create an environment that allows them to make mistakes and not fear failure. What successful parents do differentlyParents who raise the strongest and most resilient kids create an environment that allows them to make mistakes and not fear failure. You can still love the person, but you don't love the action.
Persons: we're Organizations: Harvard Graduate School of Education
Erlend Bore needed to get more exercise, so he bought a metal detector and started walking more. He found what he thought were chocolate coins, but they were gold jewelry from about 500 AD. Bore's discovery has been dubbed the "find of the century," but he can't keep the treasure. Earlier this year, 51-year-old Erlend Bore bought a metal detector after he was advised by his doctor to get off the sofa and find a new hobby. But one day his detector immediately started beeping and just five inches below the soil he unearthed nine gold pendants, three gold rings and 10 gold pearls.
Persons: beeping, Celine Berger, Ole Madsen, Håkon Reiersen Organizations: Service, University of Stavanger Locations: Wall, Silicon, Rennesoey, Stavanger, Norway, Europe, Oslo
Bore bought a metal detector earlier this year as a hobby and stumbled across an archeological marvel. He discovered gold pearls, rings, and pendants. It turned out to be nine pendants, three rings and 10 gold pearls in what was described as the country's gold find of the century. AdvertisementAdvertisementIn August, Bore began walking around the mountainous island with his metal detector. On the Rennesoey ones, the horse's tongue hangs out on the gold pendants, and "its slumped posture and twisted legs show that it is injured," Oehrl said.
Persons: It's, Ole Madsen, " Madsen, Håkon, Sigmund Oehrl, Odin, Oehrl Organizations: Service, , Archaeological, University of Stavanger Locations: Wall, Silicon, COPENHAGEN, Denmark, Norwegian, Rennesoey, Stavanger, Norway, Europe, Sweden, Oslo
While the idea of using the 14th Amendment to keep Trump out of the White House has been bandied about by lawyers and political figures, the Colorado action is the first lawsuit demanding that a state disqualify Trump from the ballot, CREW said. The group chose Colorado because the laws there make it easier to get it before a court, he says. Some members of Congress, most recently Democratic Sen. Tim Kaine of Virginia and Democratic Rep. Adam Schiff of California, have suggested the 14th Amendment might apply to Trump. Critics of the movement to disqualify Trump say the 14th Amendment clause was written to apply to former Confederates and should not be used against contemporary would-be candidates. Still, those who want to use the 14th Amendment to disqualify Trump face significant legal hurdles, experts say, adding that the matter is likely to end up in the Supreme Court if the movement gains steam.
Persons: Donald Trump hasn't, Trump, Noah Bookbinder, Democratic Sen, Tim Kaine, Adam Schiff of, Joe Biden, Asa Hutchinson, I’m, he’s, CNN's, Bryant, Corky, Messner, Bookbinder, Steven Calibrisi, Antonin Scalia, Calibrisi, Marjorie Taylor Greene, Madison Cawthorn, North Carolina –, Michael McConnell, George W, Bush, hasn't, McConnell, Kamala Harris Organizations: Trump, Democratic, Republican, D.C, Responsibility, White, Justice Department, University of Pennsylvania, Federalist Society, Adam Schiff of California, Arkansas Gov, Union, New, Army, Radical Left Communists, Fascists, MOST, Fair, Capitol, Northwestern University, Federalist, , Rep, Stanford Law Locations: Colorado, Washington, Virginia, United States, State, New Hampshire, Marjorie Taylor Greene of Georgia, North Carolina, New Mexico
Fearless Media is a newsletter about the future of entertainment, media, and tech by Creative Media chairman Peter Csathy . Elon Musk's wields immense influence that spans technology, space, communications, and transporation. And I'm not just talking about global communications and Twitter/X's strategic importance to the worlds of media and entertainment, not to mention global leaders themselves. Musk, in many ways, rules our lives, yet few of us — apparently including governments like our own — fully appreciate that. Musk also controls nearly 5,000 satellites with StarlinkMany forget that Musk also controls the skies well above us all around the globe.
Persons: Peter Csathy, Elon Musk's, transporation, Elon Musk, I've, Musk, we're, Tesla, Let's, Steve Jobs Organizations: Creative Media, Morning, Fearless Media, Elon, Libertarian, SpaceX, NASA, Ford, General Motors, Company, FDA, PayPal, Twitter, Creativie Media Locations: Ukraine, Russia, China
Ashley Blanc was born in Trinidad & Tobago but moved to the US when she was a baby. Last year, Blanc bought a house in Latronico, Italy, and said she can't wait to move there. In the fall of 2021, I came across an article about cheap homes for sale in Latronico, Italy. Latronico, Italy, taken during a visit to the town. But here in America, it's moreso, "We don't like you because you're Black and you're beneath us."
Persons: Ashley Blanc, Blanc, I've, Rosa Parks, Martin Luther King, Jr, Vincenzo Castellano, Money, there's, I'm, it's, Latronico Organizations: Service, Social Security Locations: Trinidad & Tobago, Latronico, Italy, Wall, Silicon, United States, Barbados, America, Baltimore, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina needs investments now to help improve its economic situation: Asia Society's Wendy CutlerWendy Cutler, Asia Society vice president and former Acting Deputy U.S. Trade Representative under President Obama, joins 'Squawk Box' to preview Commerce Secretary Gina Raimondo's visit to China, what it means for U.S.-China relations, and more.
Persons: Wendy Cutler Wendy Cutler, Obama, Gina Raimondo's Organizations: China, Asia Society, . Trade, U.S Locations: Asia, China
Even as family offices explode in size and number, they're increasingly prone to "group think" when it comes to investing, according to Tim Draper, a leader in early-stage venture capital. "There is a little bit of group think that happens in family offices," said Draper, founder of Draper Associates . "One leading family office says 'we're going to do middle market buyouts' and then they all do it. Family offices in recent years have quickly piled into certain asset classes, like private credit, direct deals and secondary private-equity, as they follow larger family offices. "In some ways we are are a family office, its just a decentralized family office."
Persons: they're, Tim Draper, Draper, Jesse, Adam, Jesse Draper, Draper's, Tim Organizations: Draper Associates, Skype, Ventures
Nile crocodiles react to the cries of infants from species like bonobos, chimpanzees, and humans. Researchers played audio recordings of infants crying to the carnivorous crocodiles and discovered they were drawn to those in the most distress. While humans primarily responded to the pitch of the cries, crocodiles responded based on levels of "deterministic chaos, harmonicity, and spectral prominences." Nile crocodiles can grow to about 20 feet long and can weigh up to 1,650 pounds, per National Geographic. According to the publication, Nile crocodiles generally live close to humans, meaning encounters happen relatively often.
Persons: Organizations: Service, Royal Society B, Royal, Geographic Locations: Wall, Silicon, CrocoParc, Agadir, Morocco, Saharan Africa, Madagascar
REUTERS/Matias Baglietto/File PhotoBUENOS AIRES, Aug 4 (Reuters) - Argentina's opposition is polling with a slight lead for the upcoming August primaries, usually a reliable bellwether for the outcome of the presidential election, but with many voters ready to snub the ballot box the results are far from certain. Most polls peg the center-right opposition alliance Together for Change (JxC) with a slight edge against the center-left ruling coalition Union for the Homeland (UP). Over 10 percentage points behind is political outsider Javier Milei's Liberty Advances party, which hopes to win votes from those disillusioned with politics. The primaries will decide the candidates who will compete in the Oct. 22 elections, but polls vary on which candidates will win a place in the race. Massa is seen as likely to win a place in the presidential vote, but the country's severe economic crisis has favored Milei, who carries an "emotional vote".
Persons: Javier Milei, Matias Baglietto, Carlos Fara, Javier Milei's, Mariel Fornoni, Horacio Rodriguez Larreta, Patricia Bullrich, Bullrich, Sergio Massa, Juan Grabois, Massa, Milei, Pollsters, It's, Lucila Sigal, Juan Bustamante, Sarah Morland, Sandra Maler Organizations: 135th Argentine, REUTERS, Union for, Homeland, Management, Economy, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, UP, Fara
Four leading artificial intelligence companies launched a new industry group on Wednesday to identify best safety practices and promote the technology's use toward great societal challenges. The group underscores how, until policymakers come up with new rules, the industry will likely need to continue to police themselves. Anthropic, Google , Microsoft and OpenAI said the new Frontier Model Forum had four key goals, which Google outlined in a blog post:1. Advancing AI safety research to promote responsible development of frontier models, minimize risks, and enable independent, standardized evaluations of capabilities and safety. Identifying best practices for the responsible development and deployment of frontier models, helping the public understand the nature, capabilities, limitations, and impact of the technology.
Persons: Satya Nadella, OpenAI, Chuck Schumer Organizations: Microsoft, Google, Frontier, CNBC, YouTube Locations: Redmond , Washington, coders, India
Centrist group No Labels is preparing to possibly field a third-party candidate in 2024. But it remains unclear whether their candidate would be a Republican or a Democrat. In audio obtained by Insider, one top leader said it would be a "flip of a coin." "The No Labels effort would elect Donald Trump," Republican Sen. Mitt Romney of Utah, a Trump critic, recently told The Hill. But historically, the group has been supported by some Republican donors, including those who've also contributed to Trump.
Persons: Jon Hunstman, , it's, Huntsman, Ryan Clancy, Democratic Sen, Joe Manchin, West Virginia —, Joe Biden's, Republican —, Donald Trump —, Donald Trump, Republican Sen, Mitt Romney, who've Organizations: Republican, Service, Democrat, Republican Gov, Publicly, Democratic, Electoral College, Trump Locations: Wall, Silicon, New Hampshire, Utah, West Virginia
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