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IAC Takes $170 Million Hit

InterActiveCorp — owner of Ask.com and other big league web services — is taking a $170 million hit due to decreasing values. The company has announced a $100 million drop for its lending division, which houses LendingTree.com. It’s also seeing a $70 million drop in its real estate sector, which includes RealEstate.com. IAC blames [...]

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IAC to take $170M in charges for spinoffs

(AP) -- Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of its mortgage and real estate businesses.

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IAC to take $170M in charges for spinoffs

Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of its mortgage and real estate businesses. The...

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IAC to take $170M in charges for spinoffs (AP)

AP - Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of its mortgage and real estate businesses.

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Vimeo Switches Off Videogames

High quality video streaming service and IAC/InterActiveCorp (NASDAQ:IACI), Vimeo will no longer allow the uploading of video game samples. Users will no longer will be able to do walk-throughs, game strategies, player vs. player battles, raids, fraps, etc. Videos that already have this type of content on them will start being deleted on September [...]

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IAC Lines Up Financing for Spinoffs

IAC/InterActiveCorp, the media and Internet conglomerate run by Barry Diller, said Friday that it priced $840 million in bonds and received $1.15 billion in bank commitments related to its planned break-up. The company, which is expected to complete the spinoffs in August, said it received financing commitments for Interval Leisure Group, Ticketmaster and HSN. Mr. Diller [...]

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IAC Agrees to Financing of Spinoffs

IAC/InterActiveCorp has reached financing agreements to spin off Interval Leisure, Ticketmaster and HSN. The company will have an estimated $1.3 billion left to invest in its advertising-supported Internet businesses.

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Beacon Equity: Technical Trade Alerts on Software

Today's TraderNotes include: Google Inc. (Nasdaq: GOOG), Microsoft Corp. (Nasdaq: MSFT), Yahoo! Inc. (Nasdaq: YHOO), IAC/InterActiveCorp (Nasdaq: IACI), Baidu.com Inc. (Nasdaq: BIDU) and Answers Corp. (Nasdaq: ANSW).

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Top US Web companies in May 2008

Parent Audience, 000 Time Per Person (hh:mm:ss) 1. Google 127,636 1:48:41 2. Microsoft 123,333 2:16:00 3. Yahoo! 115,605 3:13:23 4. Time Warner 107,778 3:24:16 5. News Corp. Online 79,058 1:45:31 6. eBay 66,240 1:46:12 7. InterActiveCorp 64,627 0:20:33 8. Wikimedia Foundation 57,343 0:17:18 9. Amazon 55,365 0:27:45 10. New York Times Company 51,148 0:17:27 Source: Netratings

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Ask.com syndicates search and ads to Photobucket

The search technology behind IAC/InterActiveCorp's Ask.com now powers Photobucket.com search under a new multiyear strategic agreement between the companies, Ask.com said Thursday. (IACI)

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Photobucket Launches iPhone App & Partners With Ask.com

Ask.com, a subsidiary of IAC/InterActiveCorp (NASDAQ:IACI) and Photobucket, a subsidiary of News Corporation (NYSE:NWS) have partnered together. Ask.com is now powering Photobucket’s search engine. Ask.com will also be controlling the ads on Photobucket. The financial details were undisclosed. Photobucket has roughly 44 million monthly unique visitors per month. Photobucket also launched an iPhone...

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Sector Wrap: Major Web stocks mostly rise

Most major Web stocks rose Thursday, with IAC/InterActiveCorp increasing after the company set a date for its annual meeting, at which shareholders will be asked to approve a reverse stock split related to the spinoffs of several businesses.

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Ask.com syndicates search and ads to Photobucket

The search technology behind IAC/InterActiveCorp's Ask.com now powers Photobucket.com search under a new multiyear strategic agreement between the companies, Ask.com said Thursday. (IACI)

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Photobucket signs Ask.com search marketing deal

NEW YORK (Reuters) - IAC/InterActiveCorp's search engine unit Ask.com said on Thursday struck a deal that allows its search box to be displayed across online photo and video site Photobucket.com.

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Ask.com Gets Literate

Search engine Ask.com, a unit of IAC/InterActiveCorp, has announced that it has closed an all-cash deal to acquire Lexico Publishing Group LLC, the...