Ask.com shutters, as its owner IAC “continues to sharpen its focus”; a dot-com era icon, Ask Jeeves launched in 1997, a year before Google
“As IAC continues to sharpen its focus, we have made the decision to discontinue our search business, which includes Ask.com.
IAC board approves the spinoff of home improvement marketplace Angi; IAC has previously spun off companies like Expedia, Ticketmaster, and LendingTree
Salvador Rodriguez / CNBC :
Vimeo acquires Wibbitz, a short-form video creation service, and Wirewax, which builds tech to make objects in videos “shoppable”
Vimeo, the B2B video platform that spun out from IAC earlier this year, has made a pair of acquisitions aimed at building out the suite of features …
IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly trade company in Q2 2021; IAC stock rises 8.5%+
- IAC announced it is spinning off its full stake in Vimeo. — Vimeo will become an independent publicly traded company after the deal closes, expected in the second quarter of 2021.
IAC to buy online caregiver marketplace Care.com in a deal valued at nearly $500M; Care.com stock is up 13+%
- IAC's deal to buy Care.com comes one day after it detailed plans to spin off all of its shares of online dating company Match Group. — Care.com soars more than 13% on the news …
IAC has acquired short-term nursing jobs marketplace NurseFly, source says for $15M
Anthony Ha / TechCrunch :
Vimeo is acquiring live video streaming platform Livestream and launching its own live streaming service, Vimeo Live
After abandoning its plans to launch a subscription video-on-demand business earlier this year, IAC-owned streaming video site Vimeo announced today that it's acquiring …
IAC to buy Angie's List in $500M+ deal; Angie's List will be combined with HomeAdvisor to form new publicly traded company called ANGI homeservices Inc.
IAC/InteractiveCorp agreed to buy consumer-recommendation website Angie's List Inc., intending to combine the business …
Marissa Mayer to get $23M severance package; Thomas McInerney, former CFO of Barry Diller's IAC, to take over as CEO of Altaba following Verizon deal close
Todd Spangler / Variety :
Marissa Mayer to get $23M severance package; Thomas McInerney, former CFO of Barry Diller's IAC, to take over as CEO of Altaba following Verizon deal close
Marissa Mayer, who is set to lose her job as Yahoo CEO following the closing of the Verizon acquisition of the internet company's operating businesses …