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.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!