Rupert Murdoch's REA Group calls it quits on Rightmove acquisition
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3B was rejected by the UK portal's board of directors
by Marian McPherson Sep 30
Court denies Move's preliminary injunction in suit against CoStar
California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of 'imminent, irreparable harm'
by Marian McPherson Sep 23
Murdoch's REA Group makes another bid for UK's Rightmove
Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1B for Rightmove on Monday — a 10% increase from its first offer
by Marian McPherson Sep 23
UK portal Rightmove rejects bid from Rupert Murdoch's REA Group
UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32B acquisition bid, saying it 'fundamentally undervalues' the company's prospects
by Marian McPherson Sep 11
CoStar touts forensic evidence in new filing against Move
On Wednesday CoStar asked the court to deny Move's amended preliminary injunction due to forensic data allegedly proving Move-owned files were never shared with the company
by Marian McPherson Sep 5
CoStar Group dismisses year-old lawsuit against Homesnap founder
The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform's 'limited nature' is no longer a threat
by Jim Dalrymple II Sep 4
Rupert Murdoch's REA Group eyes UK's biggest real estate portal
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal
by Taylor Anderson Sep 3
Ex-Move staffer accessed dozens of disputed files at CoStar: Experts
James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents 2 days before he left the job, according to legal filings
by Taylor Anderson Aug 28
Gains and losses amid market shifts: Q2 2024 earnings
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, here's the breakdown of who's up and who's down
by Jessi Healey Aug 15
Realtor.com revenue drops 2% as traffic, lead volume remain flat
Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2% yearly to $143M as traffic to the site stalls at 74M average monthly unique visitors
by Marian McPherson Aug 8
Realtor.com CEO: Take Homes.com claims with a grain of salt
In his 2nd Inman Connect appearance of the year, Damian Eales addressed intensifying rivalry with Homes.com and what his company is doing to lead the charge on preserving buyer agency
by Marian McPherson Aug 1
Judge rules in favor of CoStar, grants expedited discovery
California District Judge George Wu granted CoStar's request in Move's theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery
by Marian McPherson Jul 30
Former Realtor.com editor declares innocence in new filing
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar's expedited discovery request
by Marian McPherson Jul 29
CoStar puts former Realtor.com editor on leave amid lawsuit
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit
by Marian McPherson Jul 24