John Malone now has an additional 369 reasons to throw Barry Diller out on his ass, and more in this Afternoon's round up

-SDH For IAC/Interactive Corp CEO Barry Diller, news that the company lost $369.9 million in the fourth quarter, on a big write-down at its mortgage referral business couldn't have come at a worst time. Reports like this will just give Diller's indirect boss John Malone more ammunition in his quest to re-gain Liberty's 62% voting shares from Diller and use them to show him the door. [AP] So Time Warner says they are working to split AOL's outdated dial business from it's newly rolled out ad driven business. But if Time Warner is looking to sell the dial up business, who in the world would want to by a declining business? [CNNmoney] Businessweek announced today that it has named Jessica Sibley in a new roll as Senior Vice President and Worldwide Publisher [PRNW]