<![CDATA[Gawker: valleywag, interactivecorp]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, interactivecorp]]> http://gawker.com/tag/valleywag/interactivecorp http://gawker.com/tag/valleywag/interactivecorp <![CDATA[Goldman Sachs is now 10 percent less impressed with Internet]]> Citing a more challenging consumer environment, greater customer-acquisition costs and investor reluctance to pay above-market prices for shares, Goldman Sachs today cut price targets for Internet stocks including Google, eBay, and Amazon by 10 percent. For more reasons why Wall Street is suddenly less impressed with your tech stock portfolio, see Goldman's entire report, embedded here:

Read this doc on Scribd: Goldman downgrades tech
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<![CDATA[InterActiveCorp buys College Humor boys]]> [Update: Agh, we're two weeks behind with this news. Damn it, our staff sent this Internet to us and it just arrived...]

In a deal that can only end in way too many CamelCasedWords, InterActiveCorp (owners of Ticketmaster, Ask.com, Bloglines, Evite, and Citysearch) bought 51% of Connected Ventures (owners of College Humor, Busted Tees, and a little video site called Vimeo).

It's all the control at half the cost, and forgive us if the excited College Humor boys look a bit like a band that just inked a deal with the really cool dude from the music label.

IAC Acquires Controlling Interest in Connected Ventures, LLC [IAC.com via Hurty Elbow]
Photo by Zach Klein [Flickr, CC]

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