IAC

  • 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 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 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

    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

    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

  • The Newsweek Daily Beast Will Make A Monstrous Combination

    The Newsweek Daily Beast Will Make A Monstrous Combination

    After a series of on-again, off-again talks, Newsweek is merging with The Daily Beast, the IAC-owned online news site run by Tina Brown. The new joint venture will take the ungainly name of the Newsweek Daily Beast Company. Last August, the Washington Post Company sold Newsweek for $1, plus the assumption of $40 million in debt, to stereo tycoon Sydney Harman. Now Barry Diller is getting… Read More

  • Exclusive: Bloglines Will Be Resurrected By IAC-Funded MerchantCircle

    Exclusive: Bloglines Will Be Resurrected By IAC-Funded MerchantCircle

    The saga continues. After informing us in September that the IAC-owned Bloglines was to be shut down permanently, Ask.com (the IAC property that operates Bloglines) has resurrected the troubled RSS feeder, the company tells TechCrunch exclusively. IAC has transferred ownership of the property to an unlikely new patron: MerchantCircle, an online marketing network for small business owners. Read More