Ask/IAC Q4: Bleeding Money, But Hey, Online Ads are Doing Good!
Written on February 9, 2010 by admin
Filed Under: Advertising, marketing
Ask’s parent company IAC posted $1B in losses largely because it wrote down the value of its search business. But, says the AP, this is actually good news for the online ad market (and not because a competitor is about to get out of the market)—because IAC didn’t do as badly as expected.
No, because it beat estimates by 2
