Vimeo raised $150m as its parent company consider a spin-off of the video platform

Amid record revenue growth, US holding company and parent of Vimeo, IAC raised $150m for the video hosting/sharing platform and detail plans to separate Vimeo as its own company. During IAC’s Q3 earnings report, CEO…

Former head of streaming at Disney Kevin Mayer leaves to become CEO of TikTok

Head of The Walt Disney Company’s Direct-to-Consumer and International business is leaving Disney to become CEO of TikTok and COO of parent company ByteDance. Founder Yiming Zhang will remain as CEO of ByteDance. President of…