IAC/InterActiveCorp
News and overview for IAC/InterActiveCorp
IAC Bottom Line Helped By Asset Sales
Discovery Executive NewsBlast | 26 days 21 hours 27 minutes ago
The Wall Street Journal reports IAC/InterActiveCorp. CEO Barry Diller has indicated an inclination to sell struggling search businesses, such as Ask.com, to Google or Microsoft...
Will Microsoft make bid for Ask.com?
IAB SmartBrief | 24 days 21 hours 27 minutes ago
The most likely search company to acquire or invest in IAC/InterActiveCorp's Ask.com is Microsoft Corp., which reportedly is looking to increase its search footprint, according to this article...
IAC/InterActiveCorp Reverses Year-Earlier Loss
Discovery Executive NewsBlast | 116 days 21 hours 27 minutes ago
IAC/InterActiveCorp reported $40.8 million in earnings in the second quarter, compared to a loss $421.6 million in the same time period last year. The Wall Street Journal reports the Internet-services group was revamped last fall.
3 Results
Sign up for USTelecom dailyLead
Company Overview
| Company: | IAC/InterActiveCorp |
|---|---|
| Industry: | Internet Content Providers |
| Website: | http://www.iac.com |
IAC/InterActiveCorp (IAC) satisfies inquisitive minds who want to explore local hot spots, meet the right partner, find a contractor, and maybe even host a party or two. The Internet conglomerate owns more than 35 Web companies, including search engine Ask.com, local guide Citysearch, dating site Match.com, home service provider network ServiceMagic, and online-invitation firm Evite. Formerly a jumble of disparate assets that included cable-TV networks, travel services, and mortgage lending, the company has slimmed down to focus on the online search and content market. To achieve this goal, it split into five public companies in 2008, with IAC retaining the Web properties. IAC is controlled by CEO Barry Diller.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,445.1 (2008) |
|---|---|
| One-year % Growth in Sales | -77.3 (2008) |
| Net Income in U.S. Dollars (mil.) | -156.2 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 3,200 (2008) |
| One-year % Growth in Number of Employees | -84.8 (2008) |
| Fiscal Year-End | December |