Internet porn has devastated old-fashioned smut rags. We now hear a top executive at FriendFinder Networks, the publisher of Penthouse, wants to close the money-losing magazine down. But his boss denies it. Two sources close to FriendFinder says that Anthony Previte, FriendFinder's chief operating o...

A porn star draping boobs over an employee's head. Lapdances on the company dime. $50 million in back taxes. These are just some of the charges Penthouse publisher FriendFinder Networks is facing from an ex-employee. Natalie Cedeno, the company's former HR director, says that company executives reta...

Here’s a question that’s been puzzling me and some other folks for the past few days: What does a money-losing porn and social-networking company do with a $95,000 car? The answer: It gives it away. Or at least, that’s what Adult FriendFinder was planning on doing with the Ferrari ...

Andrew Conru, a geeky mechanical engineer turned porn baron who founded one of the Web's raciest personals site, made out well when Penthouse bought Adult FriendFinder. He even unloaded a $125,000 car on the operation. Such are the kind of details emerging from FriendFinder Networks's S-1 filing. Th...

What kind of tech and media company tries to go public in this economy? A tech and media company with no other options. That’s the story behind yesterday’s filing by FriendFinder Networks Inc., a collection of porn sites and adult networks that wants to raise $460 million via the public ...

There goes a perfectly entertaining rumor: Adult FriendFinder founder Andrew Conru has written in to deny that he's involved with a woman named Lois, as commenter rumourone had claimed. Amusingly, rumourone had gone to some trouble in constructing the fantasy, picking up factual bits like Conru's in...

Despite such perks as "all the porn you can watch if you've a mind to," a former employee of Adult FriendFinder, the user-generated porn site now owned by Penthouse, plans to sue the company. He says the company fired him because of "his activism on behalf of gay, lesbian, and other alternative life...

Whatever happened to Andrew Conru, the porn baron of Palo Alto? After selling Various Inc., the parent company of X-rated singles site Adult FriendFinder, to Penthouse for $500 million in December, he's getting his personal life in order, commenter rumourone informs us. He's reportedly still working...

Right before Penthouse acquired Andrew Conru's Adult FriendFinder for $500 million, a rumor spread that FriendFinder was making offers itself to buy smaller porn sites. Sources told Adult Entertainment Today AFF made offers on two sites that might not have large profits but "have attracted media att...

"It would be sweet if it were true," demurred porn baron Andrew Conru, when we asked if the Palo Alto porn baron had sold FriendFinder Inc., the parent company of porn-laden classifieds site Adult FriendFinder. Sweet indeed, then. Multiple sources have told us Various was sold on Friday, and one con...