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“Barry Diller, David Geffen probed over Microsoft-Activision trades” The US government is investigating media moguls David Geffen, Barry Diller and his stepson Alexander von Furstenberg over bets the trio made on Activision Blizzard ahead of its merger with Microsoft. The three men have an unrealized profit of roughly $60 million from the trade based on…
“#Tinder’s owner lowballed app’s value even as revenue surged, founder claims” Barry Diller’s dating-app giant Match Group lowballed the value of Tinder as it negotiated with the hookup app’s founders over their exit packages in 2017, bilking them out of billions of dollars in the process, co-founder Sean Rad alleged in court. Specifically, Rad testified…
“#Tinder co-founder Sean Rad clashes with Barry Diller’s lawyer” Tinder co-founder Sean Rad got heated with attorneys for Barry Diller’s media empire on Tuesday, accusing the companies he’s suing for billions of misrepresenting evidence. “I just think you’re characterizing things in a pretty manipulative way,” said a fiery Rad while being questioned by Bill Carmody,…
“#Barry Diller denies his company cheated Tinder founders out of $2 billion” Billionaire Barry Diller took the stand on Monday to defend his media empire from a lawsuit claiming that it cheated the founders of Tinder out of $2 billion. The hookup app’s co-founder and former CEO Sean Rad claims that Diller’s companies — IAC…
“#Barry Diller denies his company cheated Tinder founders out of $2 billion” Billionaire Barry Diller took the stand on Monday to defend his media empire from a lawsuit claiming that it cheated the founders of Tinder out of $2 billion. The hookup app’s co-founder and former CEO Sean Rad claims that Diller’s companies — IAC…
“#Diller’s companies try to undermine witnesses in Tinder co-founder’s $2B suit” Attorneys for Barry Diller’s media empire sought Tuesday to throw cold water on Tinder co-founder Sean Rad’s claims that the mogul’s companies cheated him out of billions. Rad and other Tinder co-founders have accused Diller’s companies, Match Group and IAC, of cooking the dating…
“#Tinder founders say Diller’s companies used ‘lies’ to cheat them” Barry Diller’s media empire used “lies, deception, bullying and cheating” to stiff the creators of Tinder out of billions of dollars, attorneys for the dating app’s founders argued Monday during the opening of a high-stakes jury trial. Tinder co-founder Sean Rad and other early employees…
“#Tinder’s Sean Rad paid witness $2M before trial against Barry Diller’s company” Tinder co-founder Sean Rad — who’s suing Barry Diller’s media empire for a staggering $2 billion, claiming it duped him about the wildly successful hookup app’s value — paid $2 million to a key witness ahead of his testimony, according to court documents. …
“#Tinder founder’s witness was paid $2M before trial against Barry Diller’s company: docs” A key witness in the trial involving Tinder co-founder Sean Rad — who’s suing Barry Diller’s media empire for a staggering $2 billion, claiming it duped him about the wildly successful hookup app’s value — was paid $2 million by a litigation fund…
“#Tinder founder deleted emails during battle with Barry Diller’s IAC: docs” Tinder’s controversial co-founder deleted a trove of work emails even as he vowed to “destroy” the executive who succeeded him as CEO as they feuded over the hookup app’s sale to Barry Diller’s media empire, court papers show. Sean Rad — who is demanding…