IAC/InterActiveCorp, the company that owns Ask.com, reported earnings today, which showed earnings for IAC have dropped 32% from the previous year. TheStreet.com reports IAC "earned $47.2 million, or 14 cents a share, in the quarter, compared with earnings of $68.9 million, or 19 cents a share, a year ago." Bloomberg has more detail on the earnings report, showing that revenue grew 36% to "$1.55 billion with the purchase of Cornerstone Brands Inc. and Ask.com." But there are still clear concerns with Ask.com's CEO Steve Berkowitz leaving for MSN Search.
Introducing SES Online
Want to view one of the sessions you missed or listen to an especially informative presenter a second time? SES New York sessions are available for purchase on ClickZ Academy's new e-Learning site. SES is now Online!