Matterport appeals lower court ruling that awarded $79 million to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public. Continue reading
California District Judge George Wu granted CoStar’s request for an expedited discovery 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. Continue reading
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. Continue reading
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. Continue reading
CoStar Group’s revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors. Continue reading
Two weeks after filing a theft of trade secrets lawsuit against CoStar Group, Move now wants CoStar to hand over Move-owned files and electronic devices used by former Realtor.com News and Insights Editor James Kaminsky. Continue reading
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after six years as Compass’ industry relations SVP. Cyndi Eakin was promoted to chief accounting officer. Continue reading
Damian Eales told Inman his company is focused on providing high-quality leads and has plans to further leverage the network of its parent company, News Corp. Continue reading
Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow. Continue reading
The Better Business Bureau National Programs’ National Advertising Division has recommended that CoStar Group’s residential portal Homes.com ceases using claims that it has double the traffic of Realtor.com in its ads. CoStar Group has complied with th… Continue reading