IAC CEO Joey Levin: Vimeo the 'Switzerland' of Video Creation
In recent years, Vimeo has been pushing to transform itself into an end-to-end platform for video creators, adding post-production tools, storage capabilities, and live streaming features. Creators can publish their content on any other platform through Vimeo, including on competitors like YouTube. "That provides a real advantage for us in that we can be Switzerland in that publishing landscape," CEO Joey Levin tells Cheddar's Alex Heath at the Sun Valley conference.
For the full segment, [click here.](https://cheddar.com/videos/iac-ceo-joey-levin-talks-hinge-dating-app-acquisition)
The iconic Budweiser Clydesdales will no longer have their tails shortened using a common, yet controversial, procedure that has drawn the ire of animal activists, parent company Anheuser-Busch InBev announced Wednesday.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
