Iac Interactivecorp Stock Price, News & Analysis

IAC released its monthly metrics for February 2021 on its investor relations website. The company focuses on building innovative companies and has successfully transitioned from a single entity into ten public companies over two decades. IAC operates a range of well-known brands, including Vimeo, Dotdash, Care.com, and has majority ownership of ANGI Homeservices, which encompasses HomeAdvisor, Angie's List, and Handy. IAC's strategy is driven by financially-disciplined opportunism, aiming for continuous evolution in the digital landscape.

RoboKiller reports a surge in spam calls and texts in February 2021, with Americans receiving 5.6 billion spam calls, a 10% increase from January. Spam texts also rose to 5.8 billion, marking a 15% increase. The primary scam type is vehicle warranty-related, comprising 23% of total spam calls. Texas leads in spam calls, while Alaska tops spam texts per person. RoboKiller predicts a potential 70 billion spam calls and 90 billion spam texts by year-end, urging users to employ blocking technologies to combat scams.

IAC (NASDAQ: IAC) is set to participate in the 2021 Truist Securities Technology, Internet & Services Conference on March 10, 2021. Glenn Schiffman, the Chief Financial Officer, will engage in a fireside chat at 8:00 a.m. ET, with a live webcast accessible to the public at IAC's Investor Relations website.

IAC is known for its innovative approach, operating key brands like Vimeo, Dotdash, and Care.com, and holding majority stakes in ANGI Homeservices.

Vimeo, a subsidiary of IAC, will host an Investor Day on March 24, 2021, from 10:00 am to 12:00 pm ET, accessible via live webcast. The event will feature presentations from CEO Anjali Sud, CFO Narayan Menon, and CTO Mark Kornfilt, focusing on Vimeo's future as it prepares for a proposed spin-off into an independent entity. This spin-off aims to create enhanced value and operational independence for Vimeo while providing stakeholders with insights into its strategic direction.

Vimeo, in collaboration with Mailchimp Presents, launched the Stories in Place collection on February 23, 2021. This video series, funded by grants, showcases Black filmmakers documenting the narratives of Black-owned small businesses globally. Initiated in April 2020, the program highlights the resilience of these businesses amid the pandemic and social injustices. Featured films include stories from various entrepreneurs, emphasizing their unique contributions and struggles. You can view the collection at vimeo.com/storiesinplace.

RoboKiller released its annual Robocall Report, detailing spam call and text trends for 2020. The pandemic caused a 50% decline in spam calls from April to June, but volumes returned to normal by September, averaging 5 billion monthly. Americans lost $319 million to COVID-19 related fraud, with scam texts hitting 55.4 billion in total. Texas was the top state for spam calls, receiving 6.3 billion. Predictions for 2021 indicate a surge in spam texts, potentially reaching 90 billion.

Care.com has established a Safety Advisory Council to enhance its safety protocols, composed of experts including Janice K. Fedarcyk, Tom Siegel, and Glen Pounder. Chaired by General Counsel Melanie Goins, the Council aims to guide Care.com in advancing industry safety standards. The initiative follows the hire of Megan Poonolly as Head of Safety. New measures include in-platform video interviews and enhanced screening tools, reinforcing Care.com's commitment to prioritizing safety for families and caregivers. The Council's first meeting is set for Q1.

Vimeo, an operating business of IAC (NASDAQ: IAC), is set to participate in the virtual Goldman Sachs Technology and Internet Conference on February 10, 2021. CEO Anjali Sud will engage in a fireside chat at 9:40 a.m. EST. A live webcast of the event will be accessible to the public at IAC's investor relations page. Vimeo serves over 200 million users, offering a comprehensive video software solution that empowers individuals and organizations worldwide.

IAC (NASDAQ: IAC) released its fourth quarter financial results on February 3, 2021, and announced a virtual conference call scheduled for February 4, 2021, at 8:30 a.m. ET. The call will feature key executives from IAC and ANGI Homeservices. IAC has built a diverse portfolio over two decades, including well-known companies like Vimeo and Care.com, with a focus on financial discipline and innovation. Investors can access the detailed earnings report and shareholder letter on IAC's investor relations website.