IAC

  • Tinder: Finding Traction On Campuses, IAC’s New Dating App Makes It Easy To Break The Ice

    Tinder: Finding Traction On Campuses, IAC’s New Dating App Makes It Easy To Break The Ice

    Regardless of what you think about digital dating sites, they encourage us to close our computers and get out there and meet new people. In short, they bring people together. The problem is, of course, that there are infinite variations on social and mobile dating, from compatibility engines and social, Facebook-based platforms to game-ified bracelets and live video dating. Then there are… Read More

  • Shrink To Grow: Citysearch And Urbanspoon Parent Company CityGrid Lays Off 15% Of Its Employees

    Shrink To Grow: Citysearch And Urbanspoon Parent Company CityGrid Lays Off 15% Of Its Employees

    Online media and advertising company CityGrid, the parent company of properties like UrbanSpoon, CitySearch and Insider Pages, is announcing a round of layoffs today that will affect about 15% of its workforce. Read More

  • Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash

    Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash

    Update: The news has now been confirmed. The $300 million acquisition price includes About.com, ConsumerSearch.com and CalorieCount.com and the deal will close in the next several weeks. Full release below. Both AllThingsD and Reuters have reported a deal in the works, and we have now confirmed with a source very close to the situation that IAC is buying About.com from the New York… Read More

  • IAC’s CityGrid Media Buys Yext’s Pay-Per-Call Ad Business Felix For Around $30M

    IAC’s CityGrid Media Buys Yext’s Pay-Per-Call Ad Business Felix For Around $30M

    IAC’s Citygrid Media has bought Felix, a pay-per-call ad business from Yext, a service that helps businesses synchronize their listings across the Web. We hear the acquisition price was around $30 million. Yext originally launched at the TechCrunch50 conference in 2009 as a pay-per-call advertising service. Earlier this year, Yext shifted its focus from this service to a new product… Read More

  • IAC’s Match.com Buys 20% Stake In Chinese Online Dating Service Zhenai

    IAC’s Match.com Buys 20% Stake In Chinese Online Dating Service Zhenai

    IAC-owned Match.com this morning announced that it has acquired a 20% interest in Zhenai, a provider of “online matchmaking services” in China, for an undisclosed sum. Launched in 2005 by CEO Dr. Song Li, Zhenai provides integrated Internet and telephone matchmaking services to Chinese singles looking for long-term relationships. Zhenai is said to boast a user base of over 30… Read More

  • OKCupid Integrates Location Based Dating Into iOS And Android Apps

    OKCupid Integrates Location Based Dating Into iOS And Android Apps

    Online dating site OkCupid is making a big move today in the mobile space—the service is adding location-based functionality to its Android and iOS mobile apps. For background, OkCupid singles tend to be younger, which is one of the reasons why IAC’s Match.com decided to buy the dating startup for $50 million earlier this year. The use of mobile apps for dating and even… Read More

  • IAC Asks For More Google, Please

    IAC has had an agreement with Google for some time now to hand over all search advertising on Ask.com and other IAC sites to the search giant. In 2007, IAC extended the deal, which was worth $3.5 billion at the time, to end in 2012. According to a release issued this morning, IAC and Google has renewed and extended the agreement through March 31, 2016. According to the release, the… Read More

  • Exclusive: IAC Hatches Hatch Labs, A Technology Sandbox To Incubate Mobile Startups

    Exclusive: IAC Hatches Hatch Labs, A Technology Sandbox To Incubate Mobile Startups

    IAC has made a business out of developing or acquiring mobile applications based on its popular properties. In fact, IAC’s mobile apps, which include apps for Match.com, CityGrid, UrbanSpoon, and Dictionary.com, have seen over 40 million downloads as of end of the year 2010. Today, we’ve learned exclusively that IAC is furthering its mobile strategy by launching Hatch Labs, a… Read More

  • IAC Elects Former Disney CEO Michael Eisner To Expanded Board

    IAC has expanded its board of directors with a thirteenth seat and elected well-known businessman Michael Eisner, who served as chairman and CEO of The Walt Disney Company from 1984 until 2005, to join said board, effective immediately. Prior to his long tenure at Disney, Michael Eisner served as the President of Paramount for eight years after starting his career at ABC. In fact, he was hired… Read More

  • The Year In Online Video Deals And What To Expect In 2011

    With the recent rumor that Google’s YouTube unit was looking at acquiring video content company Next New Networks, it’s clear that anything can happen in the rapidly growing online video space.  While some are shocked to see that Google may cross over and own content, the rumor does sound plausible. Loaded with nearly $25M in venture financing, it’s not quite the initial… Read More

  • Liberty Exits IAC For Evite, Gifts.com And $220M In Cash – Diller Steps Down As CEO

    Big move for Liberty Media, IAC and the latter’s Barry Diller today. The former has exchanged its entire equity stake in the Internet holding company for a combination of assets and cash in a transaction intended to be tax-free to both companies. Liberty has exchanged approximately 12.8 million shares of IAC stock for all of the capital stock of a wholly-owned subsidiary of IAC that… Read More

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