QuinStreet is an online media and marketing company that owns the domain names Insure.com and Internet.com. Insure.com was bought for about $16 million and Internet.com was bought for $18 million. Quinstreet has filed an IPO in order to raise $250 million. The company will be listed under the Nasdaq index with the symbol “QNST.”
Quinstreet was founded in 1999 and has $60 million in funding from Sutter Hill Ventures, Split Rock Partners, Granite Global Ventures, Catterton Partners, Focus Ventures, Rosewood Capital, Charter Growth Capital, VSP Capital, J&W Seligman, and Stanford University. Quinstreet earned $260 million in revenue this year and had net income of $17.2 million.
Because of the picture above Lucie Kim decided to sue Miley Cyrus for $4 billion. The lawsuit was class-action and it was a high amount because she claimed that Cyrus was violating a statute that does not allow businesses to discriminate against minorities. Los Angeles Superior Court Judge Robert Hess threw out the case saying that the photo did not break any state laws.
Kim’s lawyer argued against the ruling by saying that Cyrus is a master marketer and she should have known that the photo deprived the Asian-American community of “courtest and respect.” Cyrus issued an apology in the same week that the photo was released. Cyrus and her friends said that they were not intentionally trying to discriminate against an entire race in an earlier filing.
The American Music Awards is an award ceremony that started in 1973 and was conceptualized by Dick Clark. The award ceremony is starting at 8PM EST today on ABC but if you don’t have access to a TV you can watch it embedded below (after the jump). The video will stop working after the show is done.
Live performers include Jennifer Lopez, Lady Gaga, The Black Eyed Peas, Janet Jackson, Eminem, Rihanna, Daughtry etc.
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