As Search Speculation Swirls, Ask.com Parent IAC Faces Trial With Liberty Media
Ask.com has faced ongoing speculation that it will abandon its search service and outsource to another firm such as search leader Google, with which it has a five-year, $3.5 billion advertising deal, a scenario parent company IAC/InteractiveCorp. has denied as it instead looks to a day in court next week, where it will defend chief executive Barry Diller's plan to split the firm into four separate companies, and in the process diminish control of Liberty Capital.
|
|
