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Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions (New York Times)

Mediagazer · last updated

New York Times:
Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions  —  The artificial intelligence giant has reportedly fallen behind on its own user and revenue targets, raising questions about its data center and I.P.O. plans

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