Welcome to our dedicated page for Iac Interactivecorp news (Ticker: IAC), a resource for investors and traders seeking the latest updates and insights on Iac Interactivecorp stock.
IAC Inc. (NASDAQ: IAC) is a leading media and internet company headquartered in New York City. It encompasses over 150 brands and products, making it one of the largest online platforms globally. The company's diverse portfolio includes well-known names like Ask.com, About.com, Match.com, HomeAdvisor, and Vimeo, among others.
IAC operates across various segments such as search, applications, online dating, media, and e-commerce. Its family of websites attracts over two billion monthly visits, reaching users in more than 200 countries worldwide.
In recent years, IAC has focused on spinning off successful ventures; in the second quarter of 2020, it spun off Match Group, a prominent dating app provider, and in the second quarter of 2021, it spun off Vimeo, a video software provider.
IAC's revenue is diversified across several segments: Angi Inc. contributes 33%, Dotdash Meredith 39%, search 14%, and other emerging businesses 14%. Angi Inc. is well-known for home service solutions, while Dotdash Meredith is a major digital and print publisher in the U.S., featuring brands like PEOPLE, Better Homes & Gardens, and Investopedia.
One of the latest strategic moves by IAC includes a partnership with Ben Sherwood and Joanna Coles to revitalize The Daily Beast, aiming to make it an essential source of journalism. Additionally, Dotdash Meredith has entered a strategic partnership with OpenAI to integrate trusted content from DDM into ChatGPT, enhancing user experience and ad-targeting capabilities.
Financially, IAC continues to demonstrate disciplined opportunism, focusing on building category-leading businesses through curiosity and innovation. The company regularly updates its shareholders and the public through quarterly reports and conference calls, highlighting its commitment to transparency.
For more information and to view the full list of IAC's companies, please visit www.iac.com.
Teltech Systems has launched RoboKiller's Call Confidence API, an enterprise-grade robocall prevention technology designed to protect businesses from phone fraud. This API leverages advanced algorithms that have already saved Americans over $150 million from spam calls. With a database of over 600 million spam calls blocked, the technology integrates machine learning and customer feedback. Additionally, it helps voice providers comply with FCC guidelines ahead of the June 30 deadline, ensuring robust compliance and protection against illegal calls.
IAC announced that its stockholders have approved the spin-off of Vimeo from IAC's remaining businesses during a meeting held on May 14, 2021. The completion of the spin-off is expected by May 25, 2021, when Vimeo will commence trading on Nasdaq under the ticker symbol 'VMEO'. From May 18 through May 24, Vimeo will trade on a 'when-issued' basis with the symbol 'VMEOV'. IAC intends to file a Form 8-K detailing the final vote results once certified. This spin-off reflects IAC's strategy to create and manage a diverse portfolio of companies.
IAC has released its first quarter financial results, including a shareholder letter available on its investor relations website. A live-stream video conference is scheduled for May 7, 2021, at 8:30 a.m. EDT, featuring CEO Joey Levin and other executives discussing the results and answering questions. IAC operates brands like Vimeo and Dotdash, and has a majority stake in Angi Inc., which includes HomeAdvisor and Handy. The company's focus remains on financially disciplined opportunism and continuous evolution.
IAC's Vimeo has released its first quarter financial results, which are now available on the investor relations section of the IAC website. A live stream video conference will occur on May 6, 2021, at 8:30 a.m. EDT, where CEO Anjali Sud and CFO Narayan Menon will discuss the results and answer questions. Vimeo serves over 200 million users and is positioned as a leading all-in-one video software solution.
Vivian Health, an IAC company, has rebranded from NurseFly to enhance its healthcare job marketplace services. The platform now supports a wider range of healthcare positions beyond travel nursing. It has seen a 348% increase in job seekers, facilitating over 1 million applications recently. Vivian’s new features include machine-learning job matching, detailed salary insights, unbiased employer reviews, and a resume builder to streamline the job search process. A recent survey indicates significant shifts in job priorities among healthcare workers, with 43% considering leaving the profession.
Eggland's Best (EB) has partnered with Daily Burn to promote healthier lifestyles through nutrition and fitness. Starting April 22, families can enter a sweepstakes for nutrition and fitness prizes until June 25. Winners can receive items like yoga mats and a grand prize of a one-year Daily Burn membership and a supply of EB eggs. The initiative includes nutritious recipes and free workout videos. Notably, EB eggs boast superior nutrition, offering six times more Vitamin D and double the Vitamin B12 compared to regular eggs, aligning with an active lifestyle.
IAC (NASDAQ: IAC) is set to release its first quarter earnings results after market close on May 6, 2021. The earnings announcement will be accompanied by a shareholder letter from CEO Joey Levin, potentially featuring forward-looking insights. A live stream of a video conference discussing the results, in collaboration with Angi Inc., is scheduled for May 7, 2021, at 8:30 a.m. EDT. IAC operates several well-known brands, including Vimeo and Dotdash, and maintains majority ownership of Angi Inc.
IAC's Vimeo will release its first quarter 2021 results on May 5, 2021, followed by a live-streamed video conference on May 6 at 8:30 a.m. EDT to discuss the results. Investors can find the earnings report on IAC's Investor Relations website.
Vimeo serves over 200 million users and is a leading video software solution provider. The PR includes cautionary forward-looking statements regarding financial performance and potential separation from IAC.
IAC has released its monthly metrics for March 2021, now accessible on its investor relations website. The company, a leader in building and acquiring brands, operates notable entities like Vimeo, Dotdash, and Care.com. IAC emphasizes financial discipline and opportunism as core principles guiding its diverse portfolio, which also includes majority ownership of Angi Inc. This PR highlights IAC's commitment to transparency by making performance metrics publicly available.
Vimeo and Constant Contact have formed a strategic partnership to integrate video marketing tools within Constant Contact's platform. This collaboration allows users to create, host, and manage videos seamlessly, enhancing email marketing campaigns. Constant Contact users will benefit from features such as video creation, GIF embedding, lead capturing, and performance measurement from a single dashboard. This partnership joins others like GoDaddy and Shopify, further solidifying Vimeo's role in empowering businesses through video.
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