IAC

IAC InterActiveCorp (NASDAQ:IAC) is a diversified media and internet conglomerate founded in 1995 and headquartered in New York. The company has evolved from its origins as a television shopping network into a collection of digital brands and online marketplaces. Under the leadership of Chairman Barry Diller and CEO Joey Levin, IAC has pursued a strategy of building, acquiring, and spinning off internet businesses across various sectors including digital publishing, home services, caregiving, and online content. The company is known for its active portfolio management approach, regularly spinning off successful businesses to unlock shareholder value while continuing to invest in emerging digital opportunities.