Barry Diller’s IAC/InterActiveCorp racked up its second profitable quarter in a row Tuesday despite a decline in advertising. The company–which runs Ask.com and the Citysearch online city guide, among other things–posted earnings of $21.3 million, or 16 cents a share, compared with a year-earlier loss of $15.2 million, or 11 cents a share.
Sounds like search outfit Ask is having a bit of, ahem, engine trouble. Employees tell Valleywag that the company is buzzing with talk of layoffs. And now come reports that Ask proprietor InterActiveCorp (IACI) may soon scrap Teoma, the engine that powers the company’s search. “There is indeed a big shake-up coming,” a company insider [...]
Barry Diller may have managed to turn Fox into a legitimate fourth major broadcast network. But he hasn’t had much luck doing the same thing with Ask.com in search. Despite Diller’s best efforts, Ask’s share of the search market dropped to 4.6% in November from 5% in November 2006, according to comScore.
“We have certainly [...]
Note: John Paczkowski is on vacation and won’t be writing or posting videos until he returns next Monday.
To keep you abreast of tech news while he’s away, we’re compiling a daily digest of 10 must-read tech stories.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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