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.
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.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Iac Interactivecorp (IAC)?
What is the market cap of Iac Interactivecorp (IAC)?
