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IAC News

News on IAC (Ticker: IACI) continually updated from thousands of sources around the net.

Friday Aug 15 | Professor Bainbridge on Wine

The Economist's Schumpeter column takes up Boards R Us

The past decade has seen several attempts to bring boards up to date. In America the Sarbanes-Oxley act and the Dodd-Frank act forced companies to appoint more independent directors and disclose more information about compensation.

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Related Topix: Corporate Governance, UC Los Angeles, University of Chicago

Thu Aug 14, 2014

Time

Barry Diller Wants to Save the Web's Most Controversial Social Network

In purchasing Ask.fm, which is used by 120 million people worldwide, the Internet mogul is betting he can clean up a star-crossed site How high is Barry Diller's tolerance for the tawdry? The 72-year-old billionaire, who is the chairman and senior executive of Internet holding company IAC, has in recent years added Tinder-presently dogged by a ... (more)

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Related Topix: Media, Ask Jeeves, Inc., Search Engines, Emerging Technology

MediaPost

Share on LinkedIn

Ask.com, owned by IAC/InteractiveCorp, said Thursday it acquired Ask.fm, a question and answer social network, signaling another move to integrate search and social.

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Related Topix: Social Software, Retail, InterActiveCorp, Apparel, CityGrid Media

Techmeme

IAC Agrees To Work With Regulators On Cyberbullying Protections...

Ask.com Buys Ask.fm, an Anonymous Q.&A. Start-Up - Ask, and ye shall receive. - Ask.com, the Oakland, Calif.-based company owned by IAC/InterActiveCorp, announced on Thursday it had acquired Ask.fm, a highly popular question-and-answer website.

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Related Topix: Oakland, CA, Retail, InterActiveCorp, Apparel

The Washington Post

Third Point Buys Rackspace, IAC, FMC Stakes, Exits Google

Billionaire Daniel Loeb's Third Point LLC hedge-fund firm amassed new stakes in cloud-computing provider Rackspace Hosting Inc. and IAC/InterActiveCorp., while exiting Verizon Communications Inc. and Google Inc. in the second quarter.

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Related Topix: Rackspace, Telecom, IT Services, FMC, Chemicals, WebMD, Rackspace Cloud, Rackable Systems, Startups

AmericanBankingNews.com

IAC/InterActiveCorp Now Covered by Maxim Group

The firm set a "buy" rating and a $85.00 price target on the stock. Maxim Group's target price would indicate a potential upside of 31.23% from the stock's previous close.

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Related Topix: Retail, InterActiveCorp, Apparel, Media, ServiceMagic, Shoebuy, Citysearch, CityGrid Media

SNL Financial

IAC unit buys Q&A social network

's Ask.com has acquired Ask.fm, a question-and-answer social network with a global user base of 180 million monthly unique users.

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Fri Aug 01, 2014

Seeking Alpha

IACI Bounces On Investor Relief, Time To Buy?

IAC/InteractiveCorp. released earnings before the bell on Wednesday, July 30th, and despite disappointing results bounced +4.70%, closing at $69.90.

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Related Topix: Retail, InterActiveCorp, Apparel, Media, ServiceMagic, Shoebuy, Citysearch, CityGrid Media

Canadian Business Magazine

Aereo (2011-2014) built its house on shifting legal sands

Aereo started life as Bamboom Labs. It was the second child of Chaitanya Kanojia, who sold an earlier venture, which measured television audience demographics, to Microsoft.

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Related Topix: Retail, InterActiveCorp, Apparel

Thu Jul 31, 2014

AmericanBankingNews.com

IAC/InterActiveCorp (IACI) Announces Quarterly Dividend of $0.34

IAC/InterActiveCorp declared a quarterly dividend on Thursday, July 31st, Analyst Ratings.Net reports.

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Related Topix: Retail, InterActiveCorp, Apparel, Media, ServiceMagic, Shoebuy, Citysearch, CityGrid Media

ValleyWag

Sean Rad Keeps Pretending He's in Charge of Tinder

Tinder is not really a startup. The tumult -filled dating company is owned by IAC, and answers to it like any subsidiary.

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Wed Jul 30, 2014

Re/code

Barry Diller Has an Aereo Hangover

Aereo, the embattled Web TV startup, says it hasn't thrown in the towel in the wake of its Supreme Court defeat.

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Bloomberg

Tinder May Reach $75 Mln a Year in Earnings, IAC Says

Tinder could generate as much as $75 million a year in earnings before interest, taxes, depreciation and amortization, Greg Blatt , chairman of IAC's Match Group unit, said on a conference call today to discuss IAC's earnings.

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Related Topix: Match, Online Dating

Bloomberg

IAC Falls as Aereo Writedown Leads to First Net Loss Since 2010

IAC/InterActiveCorp fell after reporting its first quarterly loss in more than four years as the company wrote down its investment in Internet-TV startup Aereo Inc. IAC swung to a second-quarter net loss of $18 million, the New York-based company said today in a statement.

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Related Topix: Retail, InterActiveCorp, Apparel, Media, ServiceMagic, Shoebuy, Citysearch, CityGrid Media

Hollywood Reporter

Barry Diller's IAC Posts Lower Second-Quarter Financials

The company's media unit also saw weaker results amid the closure of the Newsweek print business and sale of its digital business.

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Related Topix: Entertainment

Tue Jul 29, 2014

Sys-Con Media

The Princeton Review, a Portfolio Company of Charlesbank Capital...

The terms of the transaction were not disclosed. The transaction is expected to close on August 1, 2014, subject to satisfaction of customary closing conditions.

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Related Topix: Retail, InterActiveCorp, Apparel, Shoebuy, Princeton Review, Princeton Review Inc The, Education, Penn Foster

Cybercast News Service

Sen. Schumer Criticizes Media Bias Against IsraelCNS

Schumer made the comments while addressing the current conflict between Hamas and Israel, "And yet when we read accounts, even in the mainstream media, I watched one of the television news tonight there was the depiction of the people in Gaza being killed but no mention of them being used as human shields by Hamas," Schumer said.

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Related Topix: US Senate, US Politics, Senator Chuck Schumer, Charles Schumer, Democrat, US News

Mon Jul 28, 2014

Forbes.com

OkCupid Lied To Users About Their Compatibility As An Experiment

Ever since the big kerfuffle over Facebook's emotion manipulation study - and the defense that this happens all over the Web all the time - we've been wondering what other experiments we may have been part of without knowing it.

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Related Topix: Startups, Facebook, Social Software

The Washington Post

Zillow wants to make online real estate listings more like online dating

Zillow could make online real estate listings more like online dating -- but not by adding swiping.

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Related Topix: Zillow, Online Dating, Retail, InterActiveCorp, Apparel, Entertainment

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