IAC/InterActiveCorp Chief Executive Barry Diller likes his latest planned online acquisition. He's just not that fond of its name. Diller on Tuesday told an audience of media and executives that the
more he learns about the search capabilities of Ask Jeeves Inc., which New York-based IAC is buying for $1.85 billion in stock, the more convinced he is that the firm can gain market share against
search rivals Google Inc., Yahoo Inc. and Microsoft Corp.'s MSN.
Read the whole story at AP, via USA Today, May 26, 2005 »