IAC shares soar after announcing Vimeo spinoff

Anjali Sud, CEO of Vimeo NurPhoto | NurPhoto | Getty Images IAC is spinning off its full stake in its video software company, Vimeo, the company announced Tuesday. Shares of IAC were up more than 8.5% in premarket trading. Following completion of

Robinhood CEO says SEC charges 'don't reflect Robinhood today'

Robinhood CEO Vlad Tenev on Monday responded to claims that the stock trading company deceived customers about its money making tactics, which led it to a $65 million settlement with the Securities and Exchange Commission last week. In an appearance on CNBC’s

SoftBank launches blank-check company to join SPAC craze

SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images SoftBank Group filed to launch a special purpose acquisition company on Monday, saying it planned

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