• 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

  • 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

  • IAC Shows Signs Of Life In Third Quarter, Revenues Jump 25 Percent

    Barry Diller realizes that his Ask search engine isn’t going to gain market share anytime soon, but search can still power growth for IAC if it just keeps up with the growth in the overall search market. IAC released third quarter earnings this morning. Total revenues were up 25 percent to $422 million. Operating income quadrupled to $36 million, and adjusted earnings per share came in… Read More

  • Compete Top 50: Bing And Ask Rise – MySpace, MapQuest And Flickr Fall

    Online analytics company Compete has just published its ranking of the top 50 websites for September 2010, giving some insights into current visitor trends (and not absolute numbers, as the company tends to undercount traffic for most websites). Compete’s data compilation shows increasing traffic to Microsoft’s search engine Bing (up 11.7 percent for the month and 108.5 percent for… Read More

  • Vinod Khosla and Kevin Skillern on Green Tech Investments

    When Google Wanted To Sell To Excite For Under $1 Million — And They Passed

    On stage today at our TechCrunch Disrupt conference in San Francisco, Vinod Khosla, the founder of Khosla Ventures, recalled a story from the days when he backed Excite, one of the original Internet portals. Specifically, he spoke briefly about the time they failed to acquire Google. This story has been circulated for a while, but not many people know about it. Khosla stated it simply: Google… Read More

  • IAC's Barry Diller on the Threats to Net Neutrality

    Barry Diller: Everyone Needs To Stand Up And Protect Net Neutrality — Unleash The FCC!

    Today at our TechCrunch Disrupt conference in San Francisco, IAC CEO Barry Diller took the stage for a fireside chat with our own Michael Arrington. They covered a lot of topics, but the first thing Diller keyed in on was the most important: net neutrality. “All of you have to get out there and start arguing for this strongly,” Diller emphatically said. He clearly feels very… Read More

  • Barry Diller: Ask.com Has No Value Inside Of IAC

    Barry Diller: Ask.com Has No Value Inside Of IAC

    Many of us may have forgotten that Ask.com is a search engine just like Google and Bing. It seems that IAC’s Barry Diller, who owns Ask.com, seems to have no memory of Ask’s value as well. Diller sat down with Michael Arrington today at TechCrunch Disrupt, and spoke candidly about the future of Ask.com. Says Diller, “I don’t think Ask.com is going to gain search… Read More

  • Exclusive: IAC Finally Kills Off Bloglines

    It’s finally happened. Bloglines,the troubled RSS feed reader owned by IAC, will officially be shut down, the company has told TechCrunch exclusively. The site has had a tumultuous history, so it’s unsurprising that IAC has finally put the platform out of its misery. Bloglines, which is actually operated by IAC Q&A property Ask.com, will be informing users of the news today… Read More

  • CollegeHumor Media Launches Videogame Humor Site Dorkly.com

    Recently soft-launched by CollegeHumor Media (aka Connected Ventures), the IAC company is today formally introducing the latest addition to its ever-expanding network of funny websites. Meet Dorkly.com, a new videogame humor property that caters to “all gamers, be they nerds, geeks, or even dweebs”. That sounds like you, so we thought we’d share. Read More

  • IAC Buys Into Fitness Social Network DailyBurn

    Dailyburn, formerly known as Gyminee, a social network for fitness and diet tracking, online accountability, and motivation, has been sold. IAC has acquired a majority stake in the company for an undisclosed sum. DailyBurn will become part of IAC’s Mindspark Interactive Network, which is also is home to social and entertainment destinations like Zwinky, IWON and Girlsense, personal… Read More

  • The Taste Of The iPad. UrbanSpoon Makes Its HD Debut

    Before there was even an App Store, I knew there was something to UrbanSpoon. Several million downloads and a sale to IAC later, I can safely say I was right. Now the team behind it is trying to capture the magic all over again with its new free iPad app. On the face of it, UrbanSpoon for the iPad may not seem as useful as it is for the iPhone. After all, most people don’t just whip… Read More