Facebook has teamed with ABC News on a "U.S. Politics" channel, through which users can interact with reporters, screen news segments and join discussions about the country's political situation. The arrangement, which is the social networker's first collaboration with a news organization, also includes the joint sponsorship of Democratic and Republican presidential debates on Jan. 5 in New Hampshire.
IAC/InterActiveCorp CEO Barry Diller says the company's latest plans for investment in China will include the creation of a Chinese version of Ask.com and a separate $100 million Internet venture whose focus could be online gaming. Diller did not provide specific details on the latter initiative, which could be launched within a year.