IAC Inc. - IAC STOCK NEWS

IAC (NASDAQ: IAC) has released its monthly metrics for August 2022, which are now accessible on its investor relations website. The company continues to evolve from its origins over two decades ago, steering the growth of 11 public companies including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith, and Care.com. IAC emphasizes a commitment to financially disciplined opportunism while maintaining its innovative approach in various business sectors. For detailed metrics, visit IAC's investor relations page.

RoboKiller Enterprise, a division of Mosaic Group under IAC, released its Mid-Year Telecom Phone Spam Threat Report on September 8, 2022. The report indicates a projected 19% increase in robocalls and 68% in robotexts impacting businesses. Key findings reveal brand imposter scams affect consumer trust, with over 66% of users reporting scam calls. Recommendations include using company-sponsored phones and spam solutions to mitigate these threats.

The 2022 Mid-Year Phone Scam Report by RoboKiller reveals that Americans are projected to receive 233 billion robotexts and robocalls, marking substantial increases from 2021. Specifically, 147 billion robotexts and 86 billion robocalls are expected, resulting in estimated losses of $87 billion from phone scams. Notably, robotexts have surged as scammers' primary method, with financial losses from these messages reaching $9.7 billion. The report highlights a shift toward robocalls but notes government efforts may lead to a decrease in future spam calls.

IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia + Technology Conference on September 13, 2022, at 11:30 a.m. PT. Christopher Halpin, Chief Financial Officer, will engage in a fireside chat during the event. A live webcast will be available to the public, along with a replay on IAC's website. IAC is a company focused on building innovative businesses, including Angi Inc. (NASDAQ: ANGI), and is headquartered in New York City.

Wendy Naugle has been appointed as the new Editor-in-Chief of PEOPLE Magazine, replacing Liz Vaccariello who moves to a corporate editorial role at Dotdash Meredith. Naugle has been with PEOPLE since July 2019 as Deputy Editor and has led significant franchises. Her appointment is expected to enhance the editorial strategy under the leadership of President Leah Wyar. Dotdash Meredith, the largest digital and print publisher in America, oversees iconic brands such as Better Homes & Gardens and Investopedia and operates under IAC.

The Daily Beast has launched 'Obsessed,' a new entertainment-focused platform aimed at delivering insightful content on pop culture. Sponsored by Paramount+, Obsessed aims to enhance reader engagement by offering a variety of content, including reviews, interviews, and analysis. Notable features include 'See/Skip,' which provides recommendations on shows and movies, and 'Obsessional,' curating trending stories. The launch comes amid a 40% increase in entertainment traffic for The Daily Beast this year, showcasing the growing demand for trusted entertainment journalism.

IAC (NASDAQ: IAC) disclosed its second quarter financial results on August 9, 2022, along with a shareholder letter. A live-streamed video conference discussing quarterly results for IAC and Angi Inc. (NASDAQ: ANGI) is scheduled for August 10, 2022, at 8:30 a.m. ET, featuring key executives including CEO Joey Levin. The conference aims to provide insights and answer questions on performance metrics. IAC continues to focus on building various businesses, including Angi Inc. and Dotdash Meredith, while remaining committed to financially disciplined growth strategies.