barry

Bad time for Netflix CFO to resign

Barry McCarthy, Netflix's chief financial officer and one of the linchpins of the company's management team, has stepped down.

In a statement today, Netflix said that McCarthy is moving on to "pursue broader executive opportunities outside the company." David Wells, a Netflix's vice president of financial planning and analysis, will succeed McCarthy, who has served as Netflix's CFO for 11 years. The change officially occurs on Friday.

Netflix CEO Reed Hastings said in a statement that: "Over the last few years, Barry has balanced his affection for Netflix and the excitement all of … Read more

IAC shakeup: Diller steps down; Liberty buys out

Barry Diller, the former entertainment mogul who set out to reinvent himself as a digital-media baron in the past decade with his New York-based IAC/InterActiveCorp conglomerate, has stepped down from his post as CEO of the holdings company.

In addition, one of IAC's largest shareholders, cable company Liberty Media, has fully bought out of the conglomerate, giving up its shares of IAC in return for $220 million in cash and the IAC subsidiary that includes Gifts.com and Evite. The transaction was completed yesterday.

Diller will remain chairman and senior executive of IAC, while the current CEO of … Read more

McAfee apologizes for antivirus update disaster

It's been a rough week for McAfee, but an even rougher one for many of its customers.

Acknowledging the chaos it caused by pushing out a buggy antivirus update on Wednesday, McAfee apologized to its customers in the form of a late-night blog on Thursday.

Barry McPherson, executive vice president of support and customer service, issued the apology on behalf of McAfee, saying the company was sorry for the headaches it caused for so many customers.

At 6 a.m. PDT Wednesday, the company released a faulty update to its antivirus software that hosed computers running Windows XP with … Read more

The 404 531: Where we meet Alison Rosen's mother (podcast)

Today's show title is a little deceptive, and we should be clear that Alison Rosen's mother does not make an appearance on this episode, but Alison's all we need anyway because she's the future of television! We're excited to have her back after a long hiatus, and she updates us on everything going on in her life, including ALISON ROSEN IS YOUR NEW BEST FRIEND, a new weekly interactive show on Ustream that features guests like Michael Showalter and Andrew W.K., in addition to an upcoming segment where Alison will explore the world of online dating. Be sure to add her on Twitter to stay updated.

We're also super excited to show you guys a clip of Natali Del Conte on last night's episode of "The Daily Show"! In a segment called "Tech-Talch," Jon reports on Chatroulette, aka our new favorite Web site, and shows a clip of Natali shielding her eyes as she gives a demo and inevitably stumbles upon a a dude having too much fun. Alison has the common sense to stay off the Web site, even for professional research, so we try to offer her some suggestions on how to make ChatRoulette more fun if you're a girl.

What would you do for five bucks? Twitter posts on a new site called Fiverr attempt to answer that question, and a lot of people are offering compelling services for five bones. If you can scrounge together some cash, you can turn into a dead jedi, get your fortune read, and even get a private wake-up call! Ooooh, invasive!

Many thanks to Alison for joining us this morning; we always have a lot of fun with her, and you should too! Head over to AlisonRosen.com, read her blog, write her a poem, download her iPhone app, and look for her again soon on The 404!

EPISODE 531 Subscribe in iTunes audio | Suscribe to iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS VideoRead more

Singularity University seasons executives for the future

MOUNTAIN VIEW, Calif.--While I'm sure that many of the people in the room were familiar with prediction markets, I wonder how many of them had ever seen an active one up close and personal before.

Providing that sense of deep immersion, of course, was exactly the point of an exercise run Monday during a session of Singularity University's executive program by Melanie Swan, a Silicon Valley hedge fund manager. Swan, the principal of MS Futures Group, had tasked small groups of students with coming up with world-changing product ideas and then simultaneously had the students vote in … Read more

Asked about selling search, Barry Diller says yes

Ask.com could be on the block, judging by the comments of the CEO of its parent company.

Reuters reported on IAC's third-quarter earnings conference call Tuesday, where CEO Barry Diller all but opened the bidding for the struggling search engine. Despite a novel promotional deal with Nascar, Ask.com has failed to make much headway against the great powers of search in Google, Yahoo, and Microsoft.

"We've been asked a lot whether we're open to consolidating transactions in the area of search. The answer is yes," Diller was quoted by Reuters as saying. "… Read more

Diller: Humbug on 'Internet is free' mythology

In Barry Diller's paleontological view of the Internet, we're still just coming out of the primordial ooze and slouching toward the "click to buy" button.

The IAC/InterActiveCorp CEO and self-professed opportunist, rather impatiently told CBS News' Katie Couric earlier this week that the day is coming when people will regularly pay for content. As he has before, he trotted out the example of Apple, which has managed turn its iTunes store into a "multimillion-dollar business" based on the once-heretical notion of asking people to spend money on digital music and video.

"We'… Read more

Diller: We're not really deal junkies

PASADENA, Calif.--InterActiveCorp CEO Barry Diller says he ended up with a huge Internet conglomerate, but said that was never really his goal.

"I don't really believe in synergies," Diller said Friday, speaking at Fortune's Brainstorm: Tech conference here.

In the past few years, IAC has already spun off Home Shopping Network, Expedia, LendingTree, and Ticketmaster. He'd eventually like to see the Ask.com search and Citysearch local businesses stand alone as well.

"They are in formation, he said. "They are not sufficiently landed. I'm hopeful that they will be."

Fortune … Read more

IAC's Diller: The iPhone is our crystal ball

NEW YORK--Barry Diller doesn't want to predict the future.

"I'm not a great predictor of these things," the IAC/InterActiveCorp CEO said onstage at his Wednesday keynote for the Advertising 2.0 conference, when interviewer and BusinessWeek reporter Jon Fine asked him when he thought the depressing economic news would finally end. (His personal belief is that it won't get much worse.) "Not that, by the way, anybody's predictions are worth very much to anybody." And he was particularly wary of commenting on the macro economy. "Oh, you certainly don't … Read more

Giants pitchers Twitter themselves into trouble

I feel like that nice objective judge in the Pirate Bay case.

Ever since I set eyes on the wondrous sight of Barry Bonds, I have felt some bizarre commitment toward the San Francisco Giants. Sometimes I even give them money.

However, I must tell you that Giants pitchers have been involved in two separate but equally troubling Twittering incidents.

The first that came to my attention involved closer Brian Wilson. Wilson seems like a fine chap. He comes into the 9th inning of games and tries to throw very fast balls past tired batters, none of whom has ever … Read more