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 an internet content and communications services company that describes its mission as building businesses, often in digital media, online marketplaces, and related categories. Company news highlights that from a single original entity, IAC has produced multiple independent, publicly traded companies and continues to operate category-focused platforms such as People Inc. and Care.com, alongside strategic equity positions in MGM Resorts International and Turo Inc.
News about IAC frequently centers on earnings releases, investor presentations, and conference participation. The company regularly announces quarterly results and hosts earnings conference calls, with details furnished through press releases and Form 8-K filings. These updates give investors and analysts insight into segment performance, capital structure developments, and management’s discussion of operating conditions.
Another major stream of IAC-related news comes from its subsidiaries. People Inc., described as America’s largest digital and print publisher and formerly known as Dotdash Meredith, issues announcements about brand strategy, rebranding, and content partnerships. Recent examples include the renaming to People Inc. and an AI content partnership with Meta to provide real-time lifestyle content to Meta AI users, building on earlier commercial agreements with OpenAI and Microsoft.
Care.com, part of the IAC family, generates news around new services and tools in family and senior care. One release describes the launch of a Senior Care Advisor service that connects families with master’s-level social workers to create individualized care plans, reflecting how IAC-affiliated platforms expand their offerings.
Visitors to this IAC news page can review a stream of company and subsidiary announcements, including earnings communications, financing and credit agreement updates, partnerships, product and service launches, and governance matters disclosed via SEC filings. Checking this page helps readers follow how IAC’s mix of media, care, search, and marketplace businesses evolves over time.
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.
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Wendy Naugle has been appointed as the new Editor-in-Chief of PEOPLE Magazine, replacing Liz Vaccariello who moves to a corporate editorial role at Dotdash Meredith. Naugle has been with PEOPLE since July 2019 as Deputy Editor and has led significant franchises. Her appointment is expected to enhance the editorial strategy under the leadership of President Leah Wyar. Dotdash Meredith, the largest digital and print publisher in America, oversees iconic brands such as Better Homes & Gardens and Investopedia and operates under IAC.
The Daily Beast has launched 'Obsessed,' a new entertainment-focused platform aimed at delivering insightful content on pop culture. Sponsored by Paramount+, Obsessed aims to enhance reader engagement by offering a variety of content, including reviews, interviews, and analysis. Notable features include 'See/Skip,' which provides recommendations on shows and movies, and 'Obsessional,' curating trending stories. The launch comes amid a 40% increase in entertainment traffic for The Daily Beast this year, showcasing the growing demand for trusted entertainment journalism.