Expedia and TripAdvisor’s Breakup Is Now Official

As planned, Expedia has formally concluded the spinoff of TripAdvisor today. Expedia shareholders will receive one share of TripAdvisor and one share of Expedia for every two shares of Expedia stock held prior to the split. Tomorrow, TripAdvisor will trade on the Nasdaq under the symbol TRIP, and Expedia will continue to trade under EXPE.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work