IAC Inc.

IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company is incorporated under Delaware General Corporation Law and headquartered in New York City. Joey Levin, who previously led the company's search and applications segment, has served as chief executive officer since June 2015.

Some of the key events about IAC Inc.

1992
Launched Home Shopping Network, revolutionizing television-based retail
1995
Acquired Expedia, entering the online travel booking market
1999
Introduced Ticketmaster Online, bringing event ticketing to the internet
1999
Faced criticism for aggressive pop-up advertising practices on Excite@Home
2002
Accused of misleading accounting practices related to the Expedia spin-off
2003
Acquired LendingTree, expanding into online financial services
2004
Launched Ask Jeeves search engine, competing in the internet search market
2005
Acquired CollegeHumor, entering the digital entertainment space
2008
Criticized for laying off 8% of its workforce amid economic downturn
2009
Launched The Daily Beast, a news and opinion website
2009
Sued by Interval Leisure Group for alleged breach of contract
2012
Acquired About.com, expanding its digital content portfolio
2013
Faced backlash for firing a PR executive over a controversial tweet
2015
Launched ANGI Homeservices, connecting homeowners with home service professionals
2015
Criticized for shutting down popular humor website CollegeHumor
2016
Accused of age discrimination in hiring practices
2018
Criticized for data privacy concerns related to its dating apps
2019
Launched Vimeo as a standalone public company, supporting video creators and businesses
2019
Faced controversy over alleged sexual misconduct at Tinder
2020
Criticized for significant layoffs across multiple IAC-owned companies during the COVID-19 pandemic

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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