Barry Diller Makes Excuses for's Failures

On a conference call to discuss IAC's second-quarter earnings, Barry Diller, the web company's chairman, at times sounded like he was taking personal responsibility for the failure to turn into a viable alternative to Google.

IAC/InterActive: Overlooked, Undervalued Internet Stock

Barry Diller's sprawling Internet company operates more than 50 diversified businesses in 30 countries, including such high-traffic sites as,, CitySearch and It has gobs of cash and little debt. Yet its stock is stuck.

November Search: All About Google

Internet giant Google grew its U.S. market share by a full percentage point to 71.6 percent in November, according to Web traffic tracker Hitwise. See how Google's gain impacted Bing and Yahoo.