Real estate media giant Zillow Group just posted fourth-quarter revenue of $ 169.4 million, up 7 percent over the same quarter last year and exceeding the expectations of analysts polled in advance. However, the company’s profits fell short of expectations, after taking an $ 8.1 million hit due to costs from ongoing litigation with Rupert Murdoch’s News Corp., which in 2014 acquired Move Inc., one of Zillow’s longtime rivals. For the fourth quarter, the company posted a net loss of $ 25.7 million, or a loss of 14 cents per share, compared to a profit of 9 cents a share in the same quarter a… Read More
GeekWire

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