• BBC, Tuesday, July 5, 2016 1:17 PM

IAC just sold Q&A-based social network Ask.fm to Noosphere, a tech-focused asset management firm. IAC had only owned Ask.fm since 2014. During that time, “IAC vowed to tackle cyber-bullying [that was associated with Ask.fm], but had faced criticism for allowing its users to continue posting anonymously,” BBC News notes. “California-based Noosphere’s other investments include the online gambling services Betcore and Murka, and the cybersecurity provider Cyber Safety Unity.”

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