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Blogs about IAC

Blogs	Description	Date Updated
IACI Doesn’t Want To Sell Ask.com; Won’t Buy AOL	IAC/Interactive (IACI) CEO Barry Diller today said he has been approached by various parties about the potential sale of Ask.com, but that he is more interested in partnering with another search engine than in selling the business outright. “I think further consolidation in search is necessary given Google’s dominance,” he said at the Reuters Global Media Summit in New York, Reuters reports. Diller also said that is not interested in buying AOL. He said that IACI has had conver...	December 02, 2009
AOL: Weak Debut; RBC Starts With Sector Perform (Updated)	AOL (AOL.wi) is off to a slow start in its return to the public market. While AOL’s spin-off from Time-Warner (TWX) won’t be completed until next month, AOL shares have begun trading on the NYSE in when-issued trading. You have to hunt a bit to find quotes on the issue; neither Google Finance or Yahoo Finance seem to have them, but you can get trading info from the NYSE web site. Yesterday, the first day of dealings in the new AOL, trading opened at $27, and then sank 7.2% to $25.07,...	November 25, 2009
Liberty Interactive: Citi Upgrades On Rebound At QVC	Citigroup analyst Jason Bazinet this morning upped his rating on Liberty Interactive (LINTA) to Buy from Hold, with a new target of $13.25, up from $12. At the root of the call: a more bullish view on better performance at the cable and Web home shopping channel QVC. “Despite a challenging consumer environment, Liberty has successfully growth EBITDA at QVC,” he writes in a research note this morning. Bazinet points out that QVC in Q3 posted modest revenue growth of 1.6%, with strong ...	November 20, 2009
Urbanspoon Expands To The Urban Workforce With A BlackBerry App	In major metropolitan areas, the BlackBerry at lunchtime is a force to be reckoned with. And now it can be a device to help those urbanities actually find a place to eat with the launch of Urbanspoon for BlackBerry. Urbanspoon has been one of the most popular apps for the iPhone since it launched alongside the App Store in the summer of 2008. By blending location data with a fun, accelerometer-based way of finding good nearby restaurants, it even caught Apple’s eye, which soon began featur...	November 10, 2009
Is IAC Gearing Up to Sell Ask.com?	By Thomas RasmussenIt looks like acquisitive IAC/InterActiveCorp (IACI) could be gearing up to undo its largest buy ever, Ask.com. At least Barry Diller’s opening remarks during IAC’s conference call last week seem to indicate a desire to explore the possibility. The New York City-based Internet media company has successfully expanded into a content giant by snapping up dozens of Internet properties. IAC has inked 36 deals worth more than $4.5bn since 2002. Many of those purchases ha...	November 09, 2009
Failed Online Navigation Software Maker Sues Google, Yahoo And More Over Patent	Bone-headed patent lawsuit number 573482: a company called WebMap Technologies is suing a host of technology companies over an online map patent that was issued over 5 years ago, reports Law360 (requires registration). The patent (ID US6772142) is titled “Method and apparatus for collecting and expressing geographically-referenced data” and covers a web-based implemented system in which observers may pinpoint locations on a scalable map in order to fix data by latitude and longitude...	November 04, 2009
Seatwave Scores $17 Million In Fourth Funding Round	Seatwave, the UK-based upstart behind the eponymous marketplace for secondary tickets, has landed $17 million in Series D funding led by Accel Partners with Atlas Venture, Mangrove Capital Partners, Fidelity Ventures and Adinvest joining the round, writes Atlas partner Fred Destin on his blog. Recently named Europe’s fastest growing digital media company by investment bank GP Bullhound, Seatwave allows fans to trade theatre, sport and music tickets online and thus competes (hard) with Tick...	June 01, 2009
Update: Liberty Media Setting The Stage For HSN Bid?	The evidence suggests that John Malone is setting the stage for an eventual bid for the TV shopping channel HSN (HSNI). As I noted yesterday, Liberty Media this week disclosed that it has increased its stake in the company to 32.8% from 29.5%, via the purchase of 1,872,210 shares at an average price of $4.63. The shares are held by Liberty Interactive (LINTA), a tracking stock which also owns HSN rival QVC. As I pointed out in my post yesterday, the filing noted that the shares were acquired fro...	May 21, 2009
OpenTable IPO Prices At $20, Above Most Recent Range	The IPO for OpenTable (OPEN) priced at $20, according to the WSJ, above the most recent expected range of $16-$18, suggesting strong demand for the online restaurant reservation service’s equity deal. The offering for the San Francisco-based company marks the first venture-backed Bay Area-based tech company to go public since ArcSight in February 2008. But it comes just one day after the launch of Solarwinds (SWI) a venture-backed Austin-based software company. SWI launched at $12.50, and ...	May 21, 2009
What’s Up With HSN?	What the heck is going on with HSN (HSNI)? The company, which operates the cable channel which used to be called the Home Shopping Network, along with other retailing properties, was one of the companies that split off late last year from IAC/Interactive (IACI). It has been a fairly volatile stock: HSNI peaked at around $16 last August, a few weeks after the spin, then went into a tailspin that brought the stock down under $1.50 in December. But it has since perked up: HSNI is up 146% since earl...	May 15, 2009

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