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Diller Praises AOL But Stays Mum On Yahoo

Asked by Michael Arrington at TechCrunch Disrupt for his take on company-of-the-week AOL (NYSE: AOL), IAC (NSDQ: IACI) CEO Barry Diller only had praise for AOL’s moves. “For the first time in more than ten years … which in an internet company of such size is an eternity … real things are happening,” he said. “There is a real direction, a real plan; it is under a real leader. It is independent, it’s got a real chance.” Arrington also queried Diller on Yahoo (NSDQ: YHOO), although he phrased the question differently, asking whether Diller thought CEO Carol Bartz would be out by the end of the year. Diller called the question “infortunate” and said he had “nothing to say about it.”

As for IAC’s own strategy, Diller said he thought both the Daily Beast and video site Vimeo had “huge potential,” noting that Vimeo in particular “was growing like crazy.” He acknowledged in response to another question, though, that he did not believe would gain marketshare, calling it “miraculous” that the search engine had maintained its share of the market for so long. He reiterated that Ask was not competitive with Google (NSDQ: GOOG) and therefore was focusing on providing responses to specific questions — but he said he was unsure whether that new strategy would work either.