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.
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.
IAC released its first-quarter financial results and a letter to shareholders, available on its website. A conference call with Angi Inc. will discuss the results on May 8, 2024.
Dotdash Meredith (DDM), America's largest digital and print publisher, announced a strategic partnership with OpenAI to enhance ChatGPT with trusted content from iconic media brands including PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle, and Investopedia. The agreement aims to improve DDM's cookieless ad targeting solution, D/Cipher, with AI-powered capabilities and insights to enhance advertiser performance. OpenAI will display DDM content in ChatGPT responses, collaborate with DDM on new AI products, and use historical content to boost model performance. The partnership signifies a move towards fair compensation for publishers and creators by AI platforms.
Care.com has appointed Amit Goyal as their Chief Technology Officer (CTO) to lead the technology and engineering teams in developing a new platform. This move aims to unify Care's digital properties and enhance the delivery of innovative products and services. Goyal's background in managing teams and building distributed platforms, along with his product development expertise, makes him an ideal fit for the role.
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