Ask, IAC CEO Barry Diller Steps Down

Barry Diller, founder of IAC which includes Ask.com, told the company he ran for over 17 years that he is stepping down as CEO. No he is not joining Jeeves in retirement, he said "I want to go back to what I am good at, which is looking for opportunities to grow the business."

"Greg Blatt, 42, the newly named CEO of IAC, who was formerly the CEO of IAC's stand-out property Match.com. IAC owns some 50 other websites including Ask.com, Citysearch, and The Daily Beast," CNN Money reported.