Reuters reports Barry Diller, the CEO of IAC/InterActiveCorp, which bought Ask years back, is no longer the CEO of the company. Barry Diller recently gave up on Ask.com with competing with Google, turning Ask.com back into a Q&A site.
Now Diller is the chairman and senior executive of IAC, and the current CEO of IAC portfolio company Match.com, Greg Blatt, will take over as the CEO of IAC/InterActiveCorp.
Part of this news is that cable company Liberty Media has bought out of the company, trading in their shares of IAC in exchange for $220 million in cash and Gifts.com and Evite, once [...]
Related Topics: Ask: Business Issues | Channel: Industry