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IAC Splits; HSN, Ticketmaster, LendingTree Spun Off

InterActiveCorp (IAC) has just announced that it will divide up the media conglomerate into five businesses.

Reuters reports IAC will keep Ask.com, Match.com, Evite, Citysearch, and Excite, while spinning off its HSN home shopping network, Interval time-share business, Ticketmaster ticket service, and its mortgage referral business LendingTree.

IAC Shatters Into Five Pieces

Ticketmaster, Interval, Lending Tree, and the Home Shopping Network will be spun off IAC, leaving the group to exist as five separate publicly traded companies.

Spam Trail Leads Blogger To Defamation Suit

A California blogger becomes one of the latest to be dragged into court after an inflammatory blog post. A brief tale about tracking down a spammer, which also held the accused personal contact information, won Jerry Baker a defamation lawsuit. The case also illustrates the potential pitfalls of Internet research.