Iac Interactivecorp Stock Price, News & Analysis

IAC has released its monthly metrics for September 2022, now accessible on its investor relations website. The report highlights the company's commitment to evolving through innovation and acquisition while maintaining disciplined financial strategies. IAC has successfully spawned 11 public companies over two decades, including its notable subsidiary, Angi Inc. (NASDAQ: ANGI). IAC's portfolio comprises leading businesses like Dotdash Meredith and Care.com, reflecting its diverse investments in both early-stage and established markets.

On September 27, 2022, RoboKiller Enterprise announced the launch of its Command API, enhancing its FCC-compliant solutions to block robotexts in addition to robocalls. This integrates AI and machine learning, achieving a 99% elimination of risky messages. The service protects against over 600 million known scam numbers, crucial for businesses facing SMS scams. With a focus on compliance and efficiency, RoboKiller aims to simplify spam management and bolster security for organizations.

Vivian Health, an IAC company, announced a partnership with Lume, a banking platform for healthcare professionals. This collaboration aims to develop new banking and financial services for over 800,000 registered clinicians on Vivian's platform. Lume's co-founders will join Vivian to enhance product and engineering efforts. This partnership follows a recent $60 million equity investment from Thoma Bravo and others to further accelerate Vivian's growth. The initiative is designed to create a more supportive financial environment for healthcare workers amid ongoing industry challenges.

Dotdash Meredith, a subsidiary of IAC (NASDAQ: IAC), will participate in the Truist Securities Internet Growth Summit on September 16, 2022. Neil Vogel, CEO of Dotdash Meredith, is set to engage in a fireside chat at 10:30 a.m. ET. The discussion will be available for public viewing via live stream at IAC's investor relations website. A replay will also be accessible later on the same platform.

Dotdash Meredith is recognized as the largest digital and print publisher in the U.S., with a diverse portfolio of iconic brands.

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.