DILLER BUYING ASK JEEVES FOR $2 BILLION

AC/InterActiveCorp, holding company for Internet properties such as CitySearch, Match.com, and Expedia, is buying AskJeeves for $2 billion. Diller's company is trying to shed ZeroDegrees, the failed professional social networking company, and pick a growing player in the online world. It will be interesting to see how effectively AskJeeves is integrated into Diller's online grouping of Internet properties.