Barry Diller&#39;s IAC to Spin Off Expedia Travel Units
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IAC/InterActiveCorp, the Internet and television commerce company controlled by Barry Diller, will spin off its travel business, which owns Expedia.
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A reorganization at IAC/InteractiveCorp is a sign that Barry Diller its chief executive wants to emphasize high-profile advertising campaigns as a way to bolster its Ask.com search engine.
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Billionaire Barry Diller, the entertainment mogul who ran some of the world's media giants and helped create Fox Broadcasting, said yesterday he will turn to Wall Street to create a new publicly traded online travel company anchored by the Expedia franchise.
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NEW YORK - IAC/InterActiveCorp. Chief Executive Barry Diller said Tuesday he would not rule out taking the Internet conglomerate private, but has no immediate plans to do so.
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America Online has partnered with and taken a minority investment in travel search player Kayak Software. The two will build an AOL-owned travel search site, to launch in early 2005, which will be powered by Kayak&#39;s technology.
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Barry Diller, the internet tycoon, is planning to spilt his $18 billion online empire to float a new publicly quoted dot.com leisure giant built around Expedia, the world&#39;s largest internet travel company.
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InterActiveCorp  Chief Executive Barry Diller says the Web conglomerate emerging after the spin-off of the company's online travel business will not resemble a traditional portal company like Yahoo Inc.
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In a recent AP article, IAC&#8217;s Chairman of the Board Barry Diller was quoted as saying that not only is Ask.com the glue which keeps IAC together, but Ask.com&#8217;s search technology is also better than Google. Diller said the company would use its Ask.com search engine, which claims about 6 percent of the search market, as [...]
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IAC/InterActiveCorp. Chief Executive  Barry Diller said on Monday he saw opportunities as news  increasingly moves to the Internet from newspapers, and his  company was close to announcing a new product.
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Expedia Inc.  Chairman Barry Diller said on Monday he has no plans to cede control of the top online travel company to fellow major shareholder Liberty Media Corp.
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TUI, Europe's leading travel and tourism group, has unveiled plans to axe thousands of jobs as part of a 250-million-euro (330-million-dollar) cost-cutting drive aimed at steering the group back to higher profits.
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Like flights that pass in the night, Expedia goes this way, Travelzoo goes that way.
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Some companies are reviving travel, with options on destinations, as bonuses for their best workers.
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IAC/InterActive spins off the online travel service. Also: PCs sprout second brain.... Nielson ratings show broadband users surpassing dialup.... and more.
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Sabre Holdings Corp., operator of the Travelocity Web site, reported Monday its board named Sam Gilliland to serve as chairman in addition to being the company&#39;s chief executive.
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Holiday companies MyTravel and Thomas Cook announce they are to merge.
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IAC/InterActiveCorp  is talking to potential investors interested in the four business units the Internet conglomerate plans to spin off, such as its HSN shopping network and Ticketmaster box office service, the Wall Street Journal reported on Saturday.