News Byte

Proust Will Live On, Separate From IAC

Proust, a social-journaling service owned by IAC, was slated to shut down today, after just a six-month run. But Proust isn’t shutting down, after all: The service sent an email to users saying that it will remain active due to an outpouring of support from the Proust community. The service is now independent of IAC, and is being run by anonymous investors and entrepreneurs operating under Proust Interactive LLC.

DailyBurn CEO: Fitness-Tracking Devices Aren’t Gimmicks, but They’re Close

Wearable activity-tracking devices — Fitbit, UP, FuelBand — are becoming all the rage. But one skeptical fitness-tech CEO dares to say most of them don’t get the job done.
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TripAdvisor CEO Says Wall Street Underestimates Its Value Now That It’s Flying Solo

TripAdvisor’s co-founder and CEO Stephen Kaufer talks to AllThingsD about the media company’s prospects for growth now that it has broken off from Expedia and is an independently traded company.
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IAC’s Proust Personal Social Network to Shut Down

Proust, the somewhat pretentiously named social journaling service from IAC, is shutting down at the end of the month.
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Here Are Some More Yahoo CEO Choices: Liddell, Rosenblatt, Desmond

Let’s throw a few more names on the fire!
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Remedy Health Media Acquires HealthCentral

Remedy Health, a New York-based health information company, has bought HealthCentral, a start-up that offers online clinical and patient tools, community and content in a variety of topic areas.
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OkCupid Sets Up San Francisco Labs to Try to Reinvent Online Dating (Video)

The hipster dating service OkCupid has ventured from New York to San Francisco to create a freshly staffed outpost of start-up folks in order to brainstorm the site’s next act. They call it OkCupid Labs.
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IAC’s Crowded Room App Will Help You Meet People (And Maybe Date Them)

In many ways, a new local social app called Crowded Room feels and functions like Foursquare. But instead of being about finding new places, it’s about finding new people.
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Dibs! Obscure Marketplace Company Nabs Former DoubleClick CEO David Rosenblatt.

The low profile of online luxury marketplace 1stdibs evaporates today, with the appointment of David Rosenblatt as CEO and an injection of capital from high-profile Silicon Valley venture firm Benchmark.
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YouTube Close to Announcing Video “Channels”

Google Inc.’s YouTube is expected to announce as early as next week that it has signed a slew of partnerships with media companies and well-known personalities to produce original content for the popular video website, said people familiar with the matter.