All Posts Tagged Tag: ‘InterActiveCorp’
Two years ago, after YouTube had taken the Internet by storm, InterActiveCorp CEO Barry Diller scoffed at the idea that an amateur video-sharing site could threaten the entertainment industry.
There’s a fair amount of commotion surrounding Confused.com; the site, which is “a one-stop shop to help you find out whether you can save money on your car or home insurance this year,” may be accepting acquisition bids of well over $1 billion. And a potential buyer may be InterActiveCorp, the owner of Ask.com.
I can’t leave the country for 2 minutes! ZDNet is reporting that IAC will today announce the acquisition of Ask Jeeves in a deal worth $1.9 billion.
IAC/InterActiveCorp reported fourth quarter results with revenue totaling $1.7 billion.