Items Tagged with 'News Corp.'

ARTICLES

  • News Corp’s Move acquiring Texas real estate startup Opcity for $210 million

    Company matches homebuyers and sellers with real estate agents
    Move, which is owned by media giant News Corp and operates Realtor.com for the National Association of Realtors, is about to grow its real estate empire by acquiring a Texas-based real estate technology startup that claims its technology can match qualified homebuyers and sellers with real estate agents in real-time. News Corp announced late Wednesday that Move is acquiring Opcity, which was founded in 2015, for $210 million.
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  • NFL player Mychal Kendricks accused of insider trading on News Corp’s acquisition of Move

    Former Browns linebacker admits to getting tips from former Goldman Sachs analyst
    Former Cleveland Browns linebacker Mychal Kendricks admitted Wednesday that he engaged in insider trading when he used privileged information from a former Goldman Sachs analyst to make a profit of nearly $280,000 when News Corp acquired Move back in 2014.
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  • Realtor.com finds itself at center of Sean Hannity advertiser controversy

    Real estate site says it’s not pulling ads from Fox News
    [Commentary] If you’ve been on Facebook or Twitter in the last 48 hours, you’ve likely seen video of people destroying their Keurig coffee machines or throwing them out the window as a protest to the company pulling its ads from Sean Hannity’s show on Fox News. But Keurig was hardly alone in pulling its ads from Hannity’s show. One of the companies that supposedly pulled its ads is realtor.com, or so it appeared.
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  • Realtor.com's traffic is growing but still dwarfed by Zillow

    Zillow Group websites triple traffic of News Corp property
    When News Corp acquired Move Inc., which operates Realtor.com for the National Association of Realtors, in November 2014, the worldwide conglomerate pledged to “turbocharge” Realtor.com. The impact of the News Corp acquisition is still being felt by Realtor.com, which continues to see growth in its web traffic, but the company still has a long way to go to catch the websites of the Zillow Group.
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  • [video] Five years in, Zillow CEO explains how it achieved record growth

    Spencer Rascoff: "I think five years from now, we'll be even prouder"
    The more time passes, the more complex Zillow Group's earnings report becomes, adjusting for big-ticket items like its Trulia acquisition and its legal battle with Move/News Corp. To help digest the numbers, CNBC interviewed Zillow Group CEO Spencer Rascoff to get a better grasp of the company's record revenue and growth.
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  • Zillow to pay $130M to settle lawsuit with Move over alleged trade secret theft

    Settles one of most contentious battles in history of online real estate
    One of the most contentious battles in history of online real estate is now over, as Zillow announced Monday that it reached a settlement with Move over allegations of trade secret theft levied against two high-level executives at Zillow who once plied their craft at Move. And all it took was $130 million.
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  • Why are both sides happy about latest ruling in Move/Zillow battle?

    Judge rules that Zillow didn't destroy evidence, but says that one Zillow exec did
    The details are telling: working in bad faith, executing a very secretive computer program, deleted files not really actually deleted, the destruction of property, professional misconduct, personal attacks. This is all in the latest Move/Zillow ruling. So how can both sides be happy about the way things are going? Because, here's what really happened.
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  • Zillow reports record traffic, but bottom line dented by Move/News Corp legal battle

    Legal costs drag down Zillow earnings again
    Things have never been better for the Zillow Group websites, which includes consumer brands Zillow, Trulia, StreetEasy, HotPads and Naked Apartments, in terms of website traffic, but the company's bottom line was again negatively affected by Zillow’s legal battle against Move, Realtor.com, the National Association of Realtors and News Corp.
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  • Move's Reesio partnering with zipLogix to simplify transaction process

    Will integrate zipForm transaction documents into Reesio platform
    As part of an effort to simplify the real estate transaction process, Move Inc., which operates Realtor.com for the National Association of Realtors, recently announced an agreement with zipLogix that will bring the zipForm digital library of transaction documents to the Reesio platform, which is a document and transaction management platform that allows the entire real estate transaction to be done online.
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