Iac, Barry Diller | featured news

The New York Times Company has agreed to sell the About Group, which includes the About.com network of topic sites, to Barry Diller’s IAC/InterActiveCorp for about $300 million in cash, the company said on Sunday.

Barry Diller's IAC/InterActiveCorp. has taken a controlling stake in the Newsweek/Daily Beast joint venture, after the family of the late Sidney Harman decided to stop investing in the company.

IAC/Interactive, Barry Diller's conglomerate of Internet businesses, disclosed in an SEC filing this afternoon that the company has named Chelsea Clinton, daughter of former president Bill Clinton and current Secretary of State Hillary Clinton, to the company's board of directors.

Greg Blatt takes charge, Liberty Media sells its IAC stake -- The IAC chairman said Thursday that he is stepping down as CEO and that John Malone's Liberty Media has sold its entire stake in the company.