Shares in digital conglomerate Interactive Corp. are up 14% today after the company announced that its video subsidiary Vimeo will be spun off into its own company in 2021. In the quarter ending in September, Vimeo had 1.46 million subscribers, a gain of 21% from the same period a year ago, with revenue of $75.1
Business
Almost exactly two weeks after California Governor Gavin Newsom announced what became a new lockdown for most of the state’s population, the daily number of new cases has fallen for five successive days. Granted, those numbers are dropping from an all-time new daily case high for the state — or any state, for that matter