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Monday, March 28, 2005

Ask Jeeves gets Diller's cash, keeps staff - 2005-03-28 - East Bay Business Times:
"Eric Lai
Ask Jeeves Inc.'s acquisition by media mogul Barry Diller's IAC/InterActive Corp. this week for $1.85 billion in stock will lead to some layoffs at the Oakland Web search engine but it will also bring more resources for Jeeves to compete with market leaders Google Inc. and Yahoo Inc.

The fifth most-popular search engine, Jeeves will become the prime search gateway for IAC's 40-plus Web stores and portals, including entertainment guide CitySearch.com, dating site Match.com and travel ticket vendors Expedia.com and Hotwire..."
(http://www.bizjournals.com/eastbay/stories/2005/03/28/story4.html)

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