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IAC to Divest Care.com Stake in $320 Million Deal

https://www.theglobeandmail.com/investing/markets/stocks/IAC-Q/pressreleases/547323/iac-to-divest-care-com-stake-in-320-million-deal/
IAC/InteractiveCorp. announced a definitive agreement to sell its entire stake in Care.com for approximately $320 million in cash to an affiliate of Pacific Avenue Capital Partners. This divestment aligns with IAC's strategy to focus on core assets and streamline its portfolio, while Care.com will operate as a standalone growth platform under new ownership. The transaction is expected to close in the first half of 2026, enhancing IAC's financial flexibility, though an AI analyst rates IAC as Neutral due to weak financial performance and technical momentum.

IAC to Divest Care.com Stake in $320 Million Deal

https://www.theglobeandmail.com/investing/markets/stocks/IAC/pressreleases/547323/iac-to-divest-carecom-stake-in-320-million-deal/
IAC/InteractiveCorp has announced a definitive agreement to sell its entire stake in Care.com for approximately $320 million in cash to an affiliate of Pacific Avenue Capital Partners. This divestment aligns with IAC's strategy to streamline its portfolio and focus on core assets, while Care.com will transition to private equity ownership aiming for accelerated growth in the family care market. The transaction is expected to enhance IAC's financial flexibility and position Care.com as a standalone growth platform.

$320M sale of Care.com bets on booming $400B family care market

https://www.stocktitan.net/news/IAC/pacific-avenue-capital-partners-to-acquire-iac-s-care-flflvkdg28uu.html
IAC announced the sale of its Care.com subsidiary to an affiliate of Pacific Avenue Capital Partners for approximately $320 million in an all-cash transaction, expected to close in the first half of 2026. This divestiture aligns with IAC's strategy to focus on core assets like People Inc. and its MGM stake, while Pacific Avenue plans to scale Care.com's enterprise offerings. Care.com operates in the growing $400 billion family care market, leveraging its network of caregivers and partnerships with over 700 employers.

Pacific Avenue Capital Partners to Acquire IAC's Care.com

https://finance.yahoo.com/news/pacific-avenue-capital-partners-acquire-213000961.html
Pacific Avenue Capital Partners has entered into a definitive agreement to acquire Care.com, a subsidiary of IAC, for approximately $320 million. This acquisition aligns with IAC's strategy to streamline its portfolio by monetizing non-core assets and focusing on its People Inc. and MGM stake. Pacific Avenue aims to leverage its expertise to further grow Care.com, particularly in its enterprise offerings.

Ben Sherwood & Joanna Coles To Run The Daily Beast

https://deadline.com/2024/04/ben-sherwood-joanna-coles-the-daily-beast-barry-dilles-iac-1235885778/
Former Disney executive Ben Sherwood and Hearst veteran Joanna Coles have partnered with Barry Diller's IAC to lead The Daily Beast. Sherwood will serve as publisher and CEO, and Coles as chief creative and content officer, with both taking a substantial interest in the company. They aim to revitalize the digital publication amid a challenging media landscape, focusing on its "insurgent promise" and original vision as a sophisticated tabloid.
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Victor Kaufman of IAC Inc. (IAC) reports RSU grant and share withholding

https://www.stocktitan.net/sec-filings/IAC/form-4-iac-inc-insider-trading-activity-4d9cd2df9163.html
Victor Kaufman, Vice Chairman of IAC Inc. (IAC), reported recent equity compensation activities, including the grant of 6,845 restricted stock units (RSUs) on February 9, 2026, which will vest in equal installments over the next three years. Additionally, 2,445 RSUs vested on February 10, 2026, with 1,007 shares withheld for tax purposes at $36.47 per share. Following these transactions, Kaufman directly holds 22,483 IAC common shares and 4,890 RSUs, with an additional 68,284 shares held indirectly through a trust for his spouse.

IAC Highlights Q4 Results and Expands Strategic Investments

https://www.theglobeandmail.com/investing/markets/stocks/IAC-Q/pressreleases/30734/iac-highlights-q4-results-and-expands-strategic-investments/
IAC/InteractiveCorp. announced its Q4 2025 results, showcasing strong performance from its People Inc. unit with a 14% rise in digital revenue for the quarter. Despite a consolidated revenue decline and goodwill impairment at Care.com, the company emphasized disciplined capital allocation, share repurchases, and strategic investments in MGM Resorts International and AI partnerships. Analysts currently rate IAC stock as a Buy with a $60.00 price target.

IAC: Q4 Financial Results Overview

https://www.bitget.com/amp/news/detail/12560605181760
IAC Inc. reported a net loss of $76.8 million and a loss of $0.99 per share for the fourth quarter, missing analyst earnings estimates of $0.67 per share. Despite the earnings miss, the company's Q4 revenue reached $646 million, exceeding the $640.7 million forecast. For the full year, IAC posted a total loss of $104 million on revenues of $2.39 billion.

IAC: Q4 Financial Results Overview

https://www.bitget.com/news/detail/12560605181760
IAC Inc. reported a net loss of $76.8 million, or $0.99 per share, for the fourth quarter, missing analyst estimates. Despite the earnings miss, the company's revenue for the quarter reached $646 million, exceeding forecasts. For the full year, IAC reported a total loss of $104 million and annual revenue of $2.39 billion.

Barry Diller joins IAC earnings call as Q4 results go public

https://www.stocktitan.net/news/IAC/iac-earnings-release-available-on-company-s-5hi8uu3zv95a.html
IAC (NASDAQ: IAC) has released its fourth-quarter financial results on its investor relations website and announced a public conference call for February 4, 2025, at 8:30 a.m. EST. The call will feature Barry Diller, Christopher Halpin, and Neil Vogel. The article also notes a moderate negative market reaction to the news, with IAC's stock declining 3.02%.
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2.7M clinicians, $1.5B in jobs: new CEO to steer Vivian Health's AI push

https://www.stocktitan.net/news/IAC/vivian-health-announces-leadership-changes-appoints-bill-kong-l6nhamwb6hst.html
Vivian Health has announced significant leadership changes, appointing Bill Kong as CEO, with co-founder Parth Bhakta transitioning to Executive Chairman and Adam Greenberg expanding his role to President & CFO. The company, a subsidiary of IAC Inc., is profitable and has seen 50x revenue growth since its acquisition, now focusing on AI-driven product innovation to scale its healthcare jobs marketplace, which supports 2.7 million clinicians and facilitates over $1.5 billion in annual labor spend. The new leadership aims to leverage Kong's operational experience and deep industry relationships to further transform healthcare hiring.

IAC TO ANNOUNCE Q4 2025 EARNINGS ON FEBRUARY 3rd AND HOST EARNINGS CONFERENCE CALL ON FEBRUARY 4th

https://sg.finance.yahoo.com/news/iac-announce-q4-2025-earnings-211000713.html
IAC (NASDAQ: IAC) will announce its fourth-quarter 2025 earnings after market close on February 3, 2026, and will host an earnings conference call on February 4, 2026, at 8:30 a.m. EST. The company's leadership, including Barry Diller, Christopher Halpin, and Neil Vogel, will participate in the call to discuss the results. The financial details will be accessible on the investor relations section of IAC's website.

XTX Topco Ltd Makes New $1.61 Million Investment in IAC Inc. $IAC

https://www.marketbeat.com/instant-alerts/filing-xtx-topco-ltd-makes-new-161-million-investment-in-iac-inc-iac-2025-11-28/
XTX Topco Ltd has made a new investment of $1.61 million in IAC Inc., purchasing 42,977 shares. Institutional investors collectively own 88.9% of IAC. Despite IAC missing recent quarterly earnings estimates and experiencing a revenue decrease, analysts maintain a "Moderate Buy" consensus rating with an average target price of $46.73.

IAC Stock: Company Inks AI Deal With Microsoft; Earnings Send Shares Down

https://www.barrons.com/articles/iac-stock-price-earnings-barry-diller-microsoft-copilot-84f4b170?gaa_at=eafs&gaa_n=AWEtsqf_OpfAeWQ2CjTblNRFeVSShXKTZu1MBbegfj8J3kOjCCoclXkt91Hi&gaa_ts=69365557&gaa_sig=_D_nJ-XTn8TxPXtJSQcCt-aww8ho-IXQxgmKVIiVMNceanrMZnVixDPMB46lD0FSQc07fLRZRkM08WNuBSOOXg%3D%3D
IAC, the conglomerate led by Barry Diller, has signed an AI deal with Microsoft amidst the rising challenges publishers face from artificial intelligence. Despite this strategic move, the company's stock is currently declining. The article suggests that the AI deal is not the reason for the stock's poor performance, implying other factors, likely earnings-related, are at play.

IAC shares tumble as Q3 earnings miss expectations

https://www.investing.com/news/earnings/iac-shares-tumble-as-q3-earnings-miss-expectations-93CH-4328595
IAC (NASDAQ:IAC) shares dropped 11.9% after reporting third-quarter earnings that missed analyst expectations. The digital media company saw revenue decline 8% year-over-year, largely due to weakness in its print and search segments, despite growth in its People Inc. division. The company posted a loss of -$0.27 per share on revenue of $589.8 million.
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Citizens reiterates Market Outperform rating on IAC stock, sees multiple catalysts By Investing.com - Investing.com South Africa

https://za.investing.com/news/analyst-ratings/citizens-reiterates-market-outperform-rating-on-iac-stock-sees-multiple-catalysts-93CH-3923487
This article reports that Citizens reiterated a Market Outperform rating on IAC stock. The content, however, appears to be an application error page rather than a full news article detailing the reasons for the rating or any specific catalysts. It indicates a technical issue preventing the article from loading correctly.

Did Vivian Health’s AI Launch Just Shift IAC’s (IAC) Digital Innovation and Earnings Narrative? - simplywall.st

https://simplywall.st/stocks/us/media/nasdaq-iac/iac/news/did-vivian-healths-ai-launch-just-shift-iacs-iac-digital-inn
Vivian Health, an IAC company, has launched an AI Assistant to streamline healthcare recruitment, signaling IAC's expansion into AI-driven solutions. This move could influence IAC's earnings growth and digital innovation strategy, though the company's reliance on Google for traffic remains a key vulnerability. Analysts have diverse fair value estimates for IAC, ranging from US$46.26 to US$177.63.

A Look at IAC's (IAC) Valuation Following Recent Share Price Declines - Yahoo Finance

https://finance.yahoo.com/news/look-iacs-iac-valuation-following-070645774.html
IAC's shares have fallen over 3% today, extending a more than 10% decline for the month and a 26.1% loss over the past year. Despite analysts deeming the stock 34% undervalued with a fair value of $48.69, concerns about revenue and long-term losses persist. The D/Cipher+ product is highlighted as a key asset for future digital advertising revenue growth and profitability.

People Inc. Cuts 6% Of Its Workforce

https://www.adexchanger.com/publishers/people-inc-cuts-6-of-its-workforce/
People Inc., formerly Dotdash Meredith, has announced layoffs impacting 226 employees, approximately 6% of its workforce, across all business areas. The company attributes these cuts to a strategic decision to reallocate funds towards growth areas, such as the recent acquisition of Feedfeed and investments in its contextual ad-targeting tech, D/Cipher+, rather than business struggles. Despite facing challenges from AI search products impacting referral traffic and a dip in its parent company IAC's stock, People Inc. emphasizes its growth in off-platform views and AI partnerships, while affirming AI will not replace human content creation.

IAC TO ANNOUNCE Q3 2025 EARNINGS ON NOVEMBER 3rd AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 4th

https://www.kron4.com/business/press-releases/cision/20251008NY93200/iac-to-announce-q3-2025-earnings-on-november-3rd-and-host-earnings-conference-call-on-november-4th
IAC (NASDAQ: IAC) will release its third-quarter 2025 earnings after market close on Monday, November 3, 2025. Following the earnings release, the company will host a conference call on Tuesday, November 4, 2025, at 8:30 a.m. ET to discuss the results. Key executives including Barry Diller, Christopher Halpin, and Neil Vogel will participate in the call, which will be accessible to the public via a live audiocast and replay on IAC's investor relations website.
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IAC TO ANNOUNCE Q3 2025 EARNINGS ON NOVEMBER 3rd AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 4th

https://finance.yahoo.com/news/iac-announce-q3-2025-earnings-201000815.html
IAC (NASDAQ: IAC) will release its third-quarter 2025 financial results after market close on November 3, 2025, accessible on its investor relations website. The company will also host an earnings conference call on November 4, 2025, at 8:30 a.m. ET to discuss the results, with participation from key executives including Barry Diller. The audiocast will be publicly available through IAC's investor relations section.

IAC Q1 2025 presentation slides: Company argues significant undervaluation amid strategic shifts

https://www.investing.com/news/company-news/iac-q1-2025-presentation-slides-company-argues-significant-undervaluation-amid-strategic-shifts-93CH-4271700
IAC/InterActiveCorp presented its Q1 2025 earnings, asserting significant market undervaluation of its diverse digital businesses. Despite a surprising Q2 EPS beat, revenue fell short, causing a 13.41% stock drop. The company is focusing on strategic execution, capital allocation, and value creation, including a share repurchase program and spin-offs, while reducing Google traffic dependency to unlock claimed intrinsic value.

IAC and The Price Companies (TPC) Collaborate to Advance Biomass as a Clean Renewable Energy Solution

https://www.prnewswire.com/news-releases/iac-and-the-price-companies-tpc-collaborate-to-advance-biomass-as-a-clean-renewable-energy-solution-302558168.html
IAC and The Price Companies (TPC) have partnered to promote sustainable biomass as a clean, renewable energy solution for energy-intensive industries in the U.S. This collaboration combines TPC's expertise in sourcing and logistics of biomass feedstock with IAC's engineering, processing equipment, and proprietary technologies, including their patent-pending Drop Tube Calciner. The goal is to provide scalable, affordable, and reliable biomass energy, offering an alternative to less consistent renewable sources like solar and wind, especially for sectors such as data centers and manufacturing.

Insurance moves: PIANY, Alliant, AmTrust, Ryan Specialty, IAC, Willis and Davies

https://www.insurancebusinessmag.com/us/news/breaking-news/insurance-moves-piany-alliant-amtrust-ryan-specialty-iac-willis-and-davies-549274.aspx
The insurance sector has announced several senior leadership appointments across various organizations. Key moves include Jason Bartow's election as president of PIANY, Sara Stein joining Alliant Insurance Services to lead growth in the association and affinity market, and the launch of AmTrust Financial Services' E&S Premier group. Ryan Specialty Holdings, Insurance Association of the Caribbean (IAC), Willis (WTW), and Davies also made significant appointments to their boards and leadership teams.

IAC Q2 2025 slides reveal 15% EBITDA growth, claims shares trading at substantial discount

https://www.investing.com/news/company-news/iac-q2-2025-slides-reveal-15-ebitda-growth-claims-shares-trading-at-substantial-discount-93CH-4168916
IAC/InterActiveCorp (NASDAQ: IAC) reported a 15% consolidated Adjusted EBITDA growth for Q2 2025 and provided full-year guidance, suggesting a rebound after a challenging first quarter. The company, trading at a significant discount according to its own analysis, emphasized strategic initiatives like rebranding Dotdash Meredith to People Inc. and overhauling Care.com. IAC plans aggressive capital allocation, including share repurchases and M&A, to unlock shareholder value and meet its projected 2025 Adjusted EBITDA of $247-$285 million.
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IAC Releases Q2 2025 Financial Results: Top Executives to Host Earnings Call Tomorrow

https://www.stocktitan.net/news/IAC/iac-earnings-release-available-on-company-s-li0hbz2we97y.html
IAC (NASDAQ: IAC) has released its second-quarter 2025 financial results on its investor relations website and will host a conference call on August 5, 2025, at 8:30 a.m. ET to discuss these results. The call will feature Christopher Halpin and Neil Vogel, and both the live audiocast and replay will be available to the public. Following the news, IAC's stock declined by 13.01%, indicating a significant negative market reaction.

IAC swaps emerging markets equity funds in 401(k) plan

https://www.pionline.com/searches-hires-mandates/pi-iac-401k-plan-emerging-markets-equity-fund/
IAC has made changes to its 401(k) plan by swapping emerging markets equity funds. The article, while brief, highlights this specific action taken by IAC regarding its employee retirement plan investments. This indicates a strategic shift in the company's approach to the emerging markets component of its 401(k) offerings.

IAC (IAC): Company Profile, Stock Price, News, Rankings

https://fortune.com/company/iac/
This article provides a company profile for IAC (IAC), including an overview of its stock price, news, and various rankings from Fortune. It also highlights key financial information such as profit ratios and earnings per share.

CEO at 33, Tubi's Anjali Sud on success hacks she learned at Amazon, IAC on way to top of Fox streaming

https://www.cnbc.com/2025/05/07/success-hacks-tubi-anjali-sud-female-ceo-amazon-fox-streaming.html
Anjali Sud, CEO of Tubi, was named to the 2025 CNBC Changemakers list and discussed her career path, including her rise to CEO at 33 and her leadership roles at Amazon and IAC. She emphasizes building strategies based on understanding customer needs rather than solely competing with industry giants like Netflix. Sud also highlights the importance of internal debate for innovation, embracing impatience in execution while being patient with vision, and the value of prioritizing sleep for overall success.

Dotdash Meredith’s Earnings Are Flat, Following Google Grief And Tariff Trouble

https://www.adexchanger.com/publishers/dotdash-merediths-earnings-are-flat-following-google-grief-and-tariff-trouble/
Dotdash Meredith (DDM) reported flat ad revenue growth for Q1, despite its contextual targeting platform D/Cipher, as it faces challenges from Google's AI-powered search results and tariff-induced economic uncertainty. The company saw a decline in core user sessions due to Google's AI Overviews but experienced growth in performance marketing and licensing revenue through partnerships with OpenAI and syndication deals. Macroeconomic headwinds, particularly from Trump tariffs affecting programmatic ad pricing and major Chinese buyers like Temu and Shein, pose further threats to DDM's advertising business.
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Kamala Harris’ donors are privately urging the firing of FTC’s Khan and SEC’s Gensler

https://www.postguam.com/business/world/kamala-harris-donors-are-privately-urging-the-firing-of-ftc-s-khan-and-sec-s/article_c1272b22-6d25-11ef-88db-937b025e8169.html
Major Democratic donors on Wall Street are pressuring Kamala Harris' team to replace Federal Trade Commission Chair Lina Khan and Securities and Exchange Commission head Gary Gensler if Harris wins the November election. Donors believe Khan is hindering the technology sector and that Gensler is too tough on Wall Street, putting Harris in a difficult position as she tries to balance donor interests with the progressive wing of her party. Replacing these regulators would require navigating legal stipulations and potentially lengthy confirmation processes.

An Interview with Uber CEO Dara Khosrowshahi About Aggregation and Autonomy

https://stratechery.com/2025/an-interview-with-uber-ceo-dara-khosrowshahi-about-aggregation-and-autonomy/
Ben Thompson interviews Uber CEO Dara Khosrowshahi about his career trajectory from Expedia to leading Uber through its challenges and eventual IPO. They discuss Uber's business model evolution, the importance of aggregating supply, and the company's strategy for autonomous vehicles. Khosrowshahi emphasizes Uber's role as an aggregator and its approach to partnering with autonomous vehicle companies rather than developing its own hardware.

IAC: Q4 Earnings Snapshot

https://qz.com/iac-q4-earnings-snapshot-1851254097
IAC Inc. (IAC) reported fourth-quarter earnings of $327.8 million, or $3.70 per share, though adjusted losses were 73 cents per share, falling short of analyst expectations. The company's revenue for the quarter was $1.06 billion, matching Street forecasts, with full-year profit at $265.9 million and revenue at $4.37 billion.

It’s Too Soon to Sell Nvidia. Why This Investor Likes GM and IAC Stock.

https://www.barrons.com/articles/nvidia-gm-iac-stock-markets-cfeba803?gaa_at=eafs&gaa_n=AWEtsqfiXZwgc9AwIumkPoJpk9lQTkmF46vS01mo9Lh8Hd09lM-iajImbB5w&gaa_ts=6999951d&gaa_sig=BuALfH4aJY1F3XA38yT8zHnw6BGsYAFiGqrKNNObBBtFCWMtIHJKgYy_SJySVxCEglBuj-OGbnohdfLrZ5BD8w%3D%3D
Samantha McLemore of Patient Capital Management believes it's too soon to sell Nvidia and sees value in the Magnificent Seven, small-cap stocks, and energy shares. She also identifies General Motors (GM) and IAC (IAC) as favorable stock picks. McLemore recently attended a value-investing conference, signaling her focus on underappreciated assets.

Dotdash Meredith's Digital Ad Revenue Grows 12%, Powered by Cookieless Ads

https://www.adweek.com/media/dotdash-meredith-dcipher-digital-advertising/
Dotdash Meredith reported a 12% increase in year-over-year digital advertising revenue, reaching $238 million, marking its second consecutive quarter of double-digit growth. This success is primarily attributed to its cookieless targeting tool, D/Cipher, which is now utilized in over 50% of its premium campaigns. The company's overall quarterly revenue was $425 million, demonstrating a 3% rise from the previous year, with adjusted Ebitda climbing 23% to $66 million.
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Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports

https://www.reuters.com/markets/deals/barry-diller-says-paramount-pursuit-might-be-over-iac-cnbc-reports-2024-07-26/
Barry Diller, Chairman of IAC, has indicated that his company is likely out of the running to acquire Paramount Global, according to a CNBC report. Diller expressed anticipation of significant litigation regarding Paramount's planned merger with Skydance Media. This news comes as Paramount faces a lawsuit from an investor critical of the Skydance deal's terms.

IAC Steps Up M&A Plans Amid Recent Exploration of Paramount Bid

https://www.wsj.com/articles/iac-steps-up-m-a-plans-amid-recent-exploration-of-paramount-bid-68186fc7?gaa_at=eafs&gaa_n=AWEtsqecPhKD6g01UG2cfmhoKPYYdmSN5oVty1tjSnA-4RTVadGx-ppys6jk&gaa_ts=6999a3e8&gaa_sig=seWoTaNvinHNlu1p3HTpRHUxBb7HvlWMljJEeXSqG3ROjzGmWS3MX_KoDbVQx9nuifnEiu8UyFoQHmJeZj6Z1Q%3D%3D
IAC is intensifying its acquisition strategy, including integrating new businesses and expanding existing ones, following its recent consideration of a bid for Paramount Global. The New York-based internet and media holding company is accelerating its dealmaking efforts after prioritizing profitability for some of its current holdings. This move comes as deal activity in certain sectors experiences a rebound, driven by expectations of lower interest rates and a push to invest in emerging technologies like generative artificial intelligence.

Media mogul Barry Diller weighs a bid to gain control of Paramount

https://www.cnbc.com/2024/07/02/media-mogul-barry-diller-weighs-a-bid-to-gain-control-of-paramount.html
Media mogul Barry Diller's IAC is exploring a bid to acquire National Amusements Inc., the controlling shareholder of Paramount Global. This interest emerges after National Amusements ended discussions with Skydance on a proposed merger for Paramount. If successful, IAC's bid would give it a controlling stake in Paramount, with terms likely exceeding the $2 billion Skydance had offered Redstone for National Amusements.

Barry Diller’s IAC Mulling Bid to Gain Control of Paramount Global: Report

https://variety.com/2024/biz/news/barry-diller-iac-national-amusements-paramount-1236058778/
Barry Diller's IAC is reportedly "exploring" a bid to acquire National Amusements Inc. (NAI), the company that holds a controlling stake in Paramount Global. This move could potentially give Diller control over Paramount Global, a struggling media company. The report comes after Shari Redstone, who controls NAI, scrapped merger talks with David Ellison’s Skydance Media for Paramount.

OpenAI Inks Licensing Deal With People Magazine Publisher Dotdash Meredith

https://www.bloomberg.com/news/articles/2024-05-07/openai-inks-deal-with-people-magazine-publisher-dotdash-meredith
OpenAI has signed a licensing agreement with Dotdash Meredith, the publisher of People magazine, to integrate its lifestyle and entertainment content into ChatGPT. This partnership will also allow the content to be used for training OpenAI's AI models. In return, Dotdash Meredith will utilize OpenAI's models to enhance its advertising targeting tool.
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IAC’s Dotdash Meredith Inks Deal With OpenAI, Will Bring People, Food & Wine to ChatGPT

https://www.hollywoodreporter.com/business/business-news/iac-dotdash-meredith-deal-openai-1235892487/
IAC's Dotdash Meredith, a publishing company owning titles like People and Food & Wine, has signed a strategic partnership and licensing agreement with OpenAI. This deal will make Dotdash Meredith's content accessible to ChatGPT and involves collaboration on integrating OpenAI tech into DDM’s ad-targeting solution and creating new AI products. IAC CEO Barry Diller, who previously voiced concerns about AI's impact on publishing, is now leading his company into a partnership with one of the industry's major players.

Nevada gaming regulators recommend license for media mogul Barry Diller

https://thenevadaindependent.com/article/nevada-gaming-regulators-recommend-license-for-media-mogul-barry-diller
Nevada gaming regulators have recommended an unlimited license for billionaire investor Barry Diller, two years after he received a limited license due to an insider trading investigation. The SEC recently closed its investigation into Diller's stock sale without recommending enforcement action. The Nevada Gaming Commission will make the final decision on May 16, with some regulators expressing concerns about the ongoing Department of Justice case.

Daily Beast to Be Led by Ex-Disney ABC TV Chief Ben Sherwood, Former Hearst Content Boss Joanna Coles in Deal With IAC

https://variety.com/2024/digital/news/daily-beast-ben-sherwood-joanna-coles-iac-1235971445/
Ben Sherwood, former Disney ABC Television Group president, and Joanna Coles, former chief content officer for Hearst Magazines, have finalized a deal with IAC to lead The Daily Beast. Sherwood will serve as CEO and publisher, while Coles takes on the role of chief creative and content officer. The pair will hold a minority stake, aiming to revitalize the digital news and opinion site amidst a challenging media landscape.

Barry Diller taps media vets to run The Daily Beast

https://www.axios.com/2024/04/15/daily-beast-hires-ceo-cco
Barry Diller has appointed media industry veterans Ben Sherwood and Joanna Coles to lead The Daily Beast, granting them a minority equity stake in the publication. This move aims to revitalize the digital news outlet, which has faced challenges and profitability issues, and bring it back to its original "rebel roots." Sherwood will serve as CEO and publisher, while Coles takes on the role of chief creative and content officer.

Josh Kushner and supermodel wife Karlie Kloss buy Life magazine, plan to revive print edition

https://nypost.com/2024/03/28/media/josh-kushner-and-wife-karlie-kloss-buy-life-magazine-plan-to-revive-print-edition/
Josh Kushner and his wife, supermodel Karlie Kloss, have acquired the publishing rights to Life magazine from IAC, through Kloss's media startup, Bedford Media. They plan to revive the iconic photography-focused magazine in print and online, leveraging its historical brand for events and collaborations. This acquisition marks their latest venture into media, following Bedford Media's purchase of i-D magazine and Kloss's investment in W magazine.
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EDPR NA Announces Commercial Operation of 297 MW Sharp Hills Wind Farm in Canada

https://www.energetica-india.net/news/edpr-na-announces-commercial-operation-of-297-mw-sharp-hills-wind-farm-in-canada
EDP Renewables North America (EDPR NA) and EDP Renewables Canada Ltd. (EDPR Canada) have announced the commercial operation of the 297 MW Sharp Hills Wind Farm in Alberta, Canada. This project, near Sedalia and New Bridgen, represents an investment of over USD 600M CAD, created more than 400 construction jobs, and has significant local economic benefits. The project is a result of an MOU with Invest Alberta Corporation and serves as an energy offtaker for TC Energy.

IAC Divests Mosaic Apps to Bending Spoons in Deal Valued Above $100 Million

https://www.bloomberg.com/news/articles/2024-01-10/iac-divests-mosaic-apps-to-bending-spoons-in-deal-valued-at-100-million-plus
IAC Corp. has agreed to sell its Mosaic Group suite of mobile-phone apps and intellectual property to Italian technology company Bending Spoons SpA in a deal valued at over $100 million. The agreement includes Mosaic's apps and intellectual property, but none of Mosaic's 330 employees are expected to join Bending Spoons.

Daily Beast CEO Dietrick departs for new opportunity

https://talkingbiznews.com/media-moves/daily-beast-ceo-dietrick-departs-for-new-opportunity/
Heather Dietrick, CEO of IAC's Daily Beast, is departing at the end of 2023 to become Chief Media Officer at Outside Interactive. During her six-year tenure at The Daily Beast, Dietrick launched subscription tiers, an ecommerce business, and a pop-culture vertical. At Outside, she will oversee operations and staff for its 13 editorial brands.

How Hudson River Park Helped Revitalize Manhattan’s West Side (Published 2023)

https://www.nytimes.com/2023/09/19/business/hudson-river-park-development-manhattan.html
Hudson River Park, celebrating its 25th anniversary, has played a crucial role in transforming Manhattan's West Side from an industrial area into a vibrant residential and commercial hub. The park, which attracts 17 million annual visits, has spearheaded billions in real estate development, drawing major companies and residents to the area. Recent developments include a new beach at Gansevoort Peninsula and a playground at Pier 97, completing sections of the extensive park network.

Hollywood studios should save themselves by ditching Netflix, making their own labor deal, Barry Diller says

https://www.marketwatch.com/story/hollywood-studios-should-save-themselves-by-ditching-netflix-making-their-own-labor-deal-barry-diller-says-39f3ae5e?gaa_at=eafs&gaa_n=AWEtsqfE2KbSOYbCtfwFpzNNBc8YAhcJMcEvFiAHCJFfv-8ymcyWFCdEBKOH&gaa_ts=699a3499&gaa_sig=kcY-dtH_I8eWUVjE7guQZTVZhyKaTdM68TY8_p9n9-6wgpgKUrL-ZJuJM8OQeK7sA1k8W1vYIfJXjGT35jrbtg%3D%3D
Barry Diller, an entertainment mogul, believes legacy Hollywood studios should settle the ongoing writers and actors strikes quickly, even if it means striking deals independently of Netflix and Amazon. He argues that these tech companies are not allies but enemies with different business models, and failure to recognize this could lead to "catastrophic" consequences for the studios.
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