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 Interactivecorp (IAC) delivers innovative digital experiences through its portfolio of market-leading platforms in media, search technology, and online services. This page provides investors and industry observers with direct access to official announcements, financial disclosures, and strategic developments.
Track press releases covering earnings results, partnership launches, and operational milestones across IAC's diverse brands. Our curated feed ensures you stay informed about key initiatives in digital publishing innovations, search algorithm updates, and emerging trends in online consumer services.
All content is sourced from verified corporate communications, with updates organized chronologically for quick reference. Bookmark this page to monitor IAC's progress in shaping internet-based markets through its unique multi-brand strategy and technology investments.
Dotdash Meredith has appointed Liz Vaccariello as the new Editor-in-Chief of PEOPLE Magazine, succeeding Dan Wakeford. With over 25 years in editorial leadership, Vaccariello previously served as Editor-in-Chief of REAL SIMPLE. Zoë Ruderman has been promoted to Vice President and General Manager of PEOPLE digital, where she will oversee digital content, having contributed to a 120% audience growth for People.com since 2018. Both will report to Leah Wyar, President of Dotdash Meredith's Entertainment Group.
IAC (NASDAQ: IAC) announced its fourth quarter financial results and a shareholder letter on February 15, 2022. The company will hold a live stream on February 16, 2022, at 8:30 a.m. ET to discuss the results alongside Angi Inc. (NASDAQ: ANGI). IAC focuses on building companies through innovation and acquisitions, currently managing several brands, including Angi Inc. and Dotdash Meredith. The press release highlights IAC's commitment to financial discipline and evolving its portfolio.
On February 14, 2022, RoboKiller, a leading spam call and text blocker under IAC, released its 2021 Phone Scam Insights report. The findings reveal a dramatic increase in spam communications, with Americans receiving 87.8 billion spam texts (up 58%) and 72.2 billion spam calls (up 32%) over the year. Notably, consumers lost about $40 billion to phone scams, while RoboKiller's services helped prevent $100 million in losses. Vehicle warranty scams emerged as the most prevalent robocall category. The report highlights a trend towards increased spam texts, driven by scammers adapting to consumer behaviors.
MGM Resorts International and IAC are set to purchase a total of 9 million shares from Corvex Management at $45 per share, amounting to $405 million. Each company will invest $202.5 million, reflecting strong confidence in MGM's long-term growth. This buyback represents approximately 11.5% of MGM's outstanding shares.
The settlement is expected by February 16, 2022, and will be conducted under MGM's $3 billion stock repurchase program, leaving $636.7 million available post-transaction.
The latest report from RoboKiller reveals that Americans received approximately 6.5 billion spam calls in January 2022, marking a 4% increase from December. While spam text messages saw a 6% decrease, calls related to vehicle warranties remain the most prevalent. Additionally, scams posing as delivery companies dropped by 53%, possibly due to the holiday season's end. Despite expectations for reduced spoofed calls, the report indicates no significant change following the implementation of the STIR/SHAKEN framework.
Dotdash Meredith's Beautiful Kitchens & Baths magazine has unveiled its eleventh-annual list of the 30 Most Innovative Products, showcasing the year's top kitchen and bath design innovations. Featured products include Fisher & Paykel's Combination Steam Oven and Kohler's Avoir Toilet. Editor Samantha Hart highlights the advancements catering to consumer desires for style and functionality. The full list is available at BHG.com/30most. Dotdash Meredith, a leading publisher, operates under IAC (NASDAQ: IAC).
IAC is set to announce its fourth quarter results after market close on February 15, 2022, with a shareholder letter from CEO Joey Levin potentially featuring forward-looking information. A joint video conference with Angi Inc. will follow on February 16, 2022, at 8:30 a.m. ET, to discuss the results. The event will be publicly accessible through a live stream. IAC focuses on building innovative companies and is known for its portfolio, including Angi Inc. and Dotdash Meredith.
IAC has released its monthly metrics for December 2021, now available on its investor relations website. The company continues to focus on a variety of brands and businesses, including Angi Inc. (ANGI) and Dotdash Meredith. With a commitment to financially disciplined opportunism, IAC is oriented towards building and acquiring innovative products. The metrics provide insights into the company’s performance as it evolves and consolidates its market position.
IAC has appointed Chris Halpin as Chief Financial Officer effective January 26, 2022. Halpin brings extensive experience from the NFL, where he managed strategic growth and digital initiatives. His background includes overseeing international business and sports betting strategies. Halpin aims to enhance shareholder value by capitalizing on digital engagement trends. CEO Joey Levin emphasized Halpin's ability to navigate emerging consumer technologies, marking a significant leadership transition for IAC.
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