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IAC, Huffington Post Launch News Satire Website "23/6"

Authored by Mark Hefflinger on November 9, 2007 - 11:30am.

New York - IAC/InterActiveCorp. (NASD: IACI) on Friday announced the launch of 23/6, a news satire website joint venture with the Huffington Post that will cover politics and people in the news, The Wall Street Journal reported. The site, which will fall under the same IAC division as CollegeHumor.com, has been in development for more than a year. The 23/6 team includes former writers for "The Daily Show" and "The Simpsons," in addition to Huffington Post bloggers.
tags: Video | IAC | News | 23%% | Politics | Huffington Post |

Japan's Softbank to Acquire 23% of U.K. Gambling Site Betfair

Authored by Mark Hefflinger on February 28, 2006 - 9:37am.
London - According to a report in the Financial Times, SoftbankCorp., a Japan-based Internet investment company, has agreed to acquire as much as 23% of Sporting Exchange Ltd., the U.K.-based online gambling group that controls Betfair. Although financial terms were not disclosed, the Financial Times said Softbank would pay about $22.80 a share. Sporting Exchange said it would likely release details for the deal, which should be completed by April 3, within the next few days.
tags: Gambling | Japan | Softbank | Betfair | 23%% | Acquire | U.K | Gambling Site |