Welcome to our dedicated page for IAC news (Ticker: IAC), a resource for investors and traders seeking the latest updates and insights on IAC 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.
IAC, a NASDAQ-listed company, has announced its participation in the Goldman Sachs Communacopia & Technology Conference on September 10, 2024. Christopher Halpin, IAC's Executive Vice President, CFO and COO, will take part in a fireside chat at 8:10 a.m. PT.
The event will be accessible to the public through a live webcast, with a replay option available afterwards. Interested parties can view the fireside chat by visiting the IR section of IAC's website at https://ir.iac.com/events-and-presentations.
This participation highlights IAC's engagement with investors and industry professionals, providing an opportunity for the company to share insights and updates on its operations and strategy.
IAC, a NASDAQ-listed company, has announced its participation in Citi's 2024 Global TMT and GEMS Conference on Friday, September 6, 2024. The event will feature a fireside chat with Neil Vogel, CEO of Dotdash Meredith, scheduled for 10:00 a.m. ET.
Investors and interested parties can access both a live webcast and replay of the fireside chat through the IR section of IAC's website. This participation provides an opportunity for IAC to showcase its strategies and insights to a global audience of technology, media, and telecommunications industry professionals.
IAC, a NASDAQ-listed company, is set to participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024. Christopher Halpin, the Executive Vice President, CFO and COO of IAC, will engage in a fireside chat at 1:15 p.m. ET.
This event presents an opportunity for investors and industry professionals to gain insights into IAC's operations and strategies. The company has made provisions for public access to both a live webcast and replay of the fireside chat, which will be available in the IR section of IAC's official website at https://ir.iac.com/events-and-presentations.
IAC (NASDAQ: IAC) has released its second quarter financial results and a letter to shareholders on its investor relations website. The company will host a conference call on August 7, 2024, at 8:30 a.m. ET to discuss the results and answer questions. Key participants in the call will include Joey Levin (CEO of IAC and Chairman of Angi Inc.), Jeffrey Kip (CEO of Angi Inc.), and Christopher Halpin (Executive Vice President, CFO and COO of IAC). The audiocast and replay will be accessible to the public through the IAC investor relations site.
IAC (NASDAQ: IAC) has announced its plans to release its second quarter 2024 financial results after market close on Tuesday, August 6, 2024. Simultaneously, IAC CEO Joey Levin will publish a shareholder letter, which may contain forward-looking information about IAC's business. The company will host a live conference call to discuss the Q2 results on Wednesday, August 7, 2024, at 8:30 a.m. ET. Investors and analysts can access the call via IAC's IR website or by dialing (833) 470-1428 for domestic callers and (404) 975-4839 for international callers. The conference ID is 781977. An audio replay will be available for seven days following the call.
Starboard Value LP, holding approximately 6.6% of Match Group's (NASDAQ: MTCH) outstanding common shares, has sent a letter to the company's leadership outlining opportunities to enhance shareholder value. The letter addresses initiatives for improving growth, profitability, and capital allocation following long-term share price underperformance.
Starboard believes Match is a high-quality market leader in the expanding online dating market with potential to generate over $5.50 of free cash flow per share by 2026. However, the letter also urges the board to remain open to strategic alternatives, including a potential sale, if turnaround efforts prove challenging.
IAC (NASDAQ: IAC) will take part in the 52nd Annual TD Cowen Technology, Media and Telecom Conference on May 30, 2024. Christopher Halpin, Executive Vice President, CFO, and COO of IAC, will join a fireside chat at 11:25 a.m. ET. The event will feature both a live audio webcast and a replay, accessible to the public via the IR section of IAC's website.
Care.com, a leading online platform for family care, has unveiled a new Care Spending Account product aimed at helping employers financially support their employees' care expenses. This addition to their Care for Business segment allows employers to make flexible monthly or annual contributions towards employees' care costs, including childcare, senior care, and pet care. The development of this product aligns with findings from Care.com’s 2024 Future of Benefits Report, which indicated a high demand for cash subsidies for care among employees. CEO Brad Wilson emphasized the growing importance of care benefits in the workplace and the company's goal to provide holistic support to employers. The Care Spending Account will be powered by First Dollar, a tech firm specializing in health spending benefits.
Care.com, a leading online platform for family care, has partnered with Found, a banking platform for independent workers, to offer caregivers new financial tools. This partnership allows caregivers to create a Found bank account to receive wages, track income and expenses, view financial insights, and manage invoicing. Naaz Nichols, Care.com's Chief Customer Service Experience Officer, emphasized the importance of treating caregivers as professionals by providing these financial tools. Caregivers on Care.com will also have access to a $100 bonus by depositing $1,000 into a Found account within 60 days of signing up.
IAC (NASDAQ: IAC) announced its participation in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 22, 2024.
Joey Levin, CEO of IAC and Chairman of Angi Inc., will engage in a fireside chat at 10:00 a.m. ET.
The fireside chat will be accessible both live and via replay on the IR section of IAC's website.
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