IAC Inc. - IAC STOCK NEWS

IAC (NASDAQ: IAC) has released its monthly metrics for March 2022 on its investor relations website. The company continues its strategy of building businesses and has effectively transitioned from a single entity to a conglomerate with 11 public companies, including Angi Inc. and Dotdash Meredith. IAC remains committed to financially-disciplined approaches, focusing on innovation and acquisition of new products and brands.

Brand Velocity Group has appointed Eric Grib as a Principal, bringing over 15 years of experience in private equity, corporate M&A, and investment banking. Grib's focus will be on enhancing BVG's strategy of growth through marketing resources and human capital. He previously worked with Acamar Partners, where he was instrumental in investing in CarLotz (NASDAQ: LOTZ), valued at $827 million. Grib’s diverse experience across sectors aligns with BVG's goals, according to Founding Partner Steve Lebowitz.

RoboKiller Enterprise has released a new report titled The State of STIR/SHAKEN analyzing the efficacy of the FCC's anti-caller ID spoofing framework. The report indicates that while initial results were promising post-implementation in 2021, the effectiveness has waned, with spoofed calls still constituting 40% of spam calls. RoboKiller Enterprise emphasizes that to effectively combat robocalls, voice service providers need to adopt robust mitigation plans in addition to STIR/SHAKEN compliance.

IAC (NASDAQ: IAC) released its February 2022 monthly metrics, available on its investor relations website. The company continues its evolution as it fosters brands and products, maintaining a commitment to financially-disciplined opportunism. Angi Inc. (NASDAQ: ANGI) is among its notable holdings, which range from early-stage ventures to more established businesses. IAC aims to build companies by nurturing curiosity and challenging the status quo, asserting its longevity and adaptability in the market.

Dotdash Meredith, a leading digital and print publisher and an operating business of IAC (NASDAQ: IAC), will participate in the BMO Digital Ad Summit on March 3, 2022. CEO Neil Vogel will engage in a fireside chat at 8:00 a.m. ET. A live stream of the event will be accessible to the public, with a replay available for 90 days post-conference on IAC's investor relations website.

Dotdash Meredith encompasses over 40 iconic brands, reaching nearly 200 million individuals in decision-making and inspiration.

Dotdash Meredith has launched a special edition magazine, The Home Edit: Feel-Good Organizing, which features tips and ideas from organizing experts Clea Shearer and Joanna Teplin. The magazine aims to celebrate the joy of organizing with lifestyle and design advice. Available now for $14.99, it will hit newsstands on March 4. Highlights include exclusive home tours and behind-the-scenes content from the Netflix series Get Organized with The Home Edit. A second issue is planned for Fall 2022.

Dotdash Meredith has appointed Liz Vaccariello as the new Editor-in-Chief of PEOPLE Magazine, succeeding Dan Wakeford. With over 25 years in editorial leadership, Vaccariello previously served as Editor-in-Chief of REAL SIMPLE. Zoë Ruderman has been promoted to Vice President and General Manager of PEOPLE digital, where she will oversee digital content, having contributed to a 120% audience growth for People.com since 2018. Both will report to Leah Wyar, President of Dotdash Meredith's Entertainment Group.

IAC (NASDAQ: IAC) announced its fourth quarter financial results and a shareholder letter on February 15, 2022. The company will hold a live stream on February 16, 2022, at 8:30 a.m. ET to discuss the results alongside Angi Inc. (NASDAQ: ANGI). IAC focuses on building companies through innovation and acquisitions, currently managing several brands, including Angi Inc. and Dotdash Meredith. The press release highlights IAC's commitment to financial discipline and evolving its portfolio.

On February 14, 2022, RoboKiller, a leading spam call and text blocker under IAC, released its 2021 Phone Scam Insights report. The findings reveal a dramatic increase in spam communications, with Americans receiving 87.8 billion spam texts (up 58%) and 72.2 billion spam calls (up 32%) over the year. Notably, consumers lost about $40 billion to phone scams, while RoboKiller's services helped prevent $100 million in losses. Vehicle warranty scams emerged as the most prevalent robocall category. The report highlights a trend towards increased spam texts, driven by scammers adapting to consumer behaviors.