Welcome!

News Feed Item

Ask.com Acquires Largest Global Q&A Social Network Ask.fm

Leading Q&A Brand Replaces Ask.fm Leadership; Makes Fostering a Safe Platform for Users to Ask and Answer Questions the Top Priority

OAKLAND, Calif., Aug. 14, 2014 /PRNewswire/ -- Today Ask.com, the leading brand for online questions and answers and an operating business of IAC, announced it acquired Ask.fm, the world's largest Q&A social network, which facilitates question and answer exchange across its global user base of 180 million monthly unique users. Terms of the deal were not disclosed.

Ask.fm has grown organically since its inception four years ago to reach 180 million monthly unique users in more than 150 countries around the world, with its largest user base in the United States. Available on the web and as a mobile app, Ask.fm generates an estimated 20,000 questions per minute with approximately 45 percent of its mobile monthly active users logging in daily. To date, the mobile app has been downloaded more than 40 million times.

"This acquisition extends Ask.com's Q&A brand leadership to Ask.fm's massive mobile-focused social platform," said Doug Leeds, chief executive officer, Ask.com. "It's a natural entry into a market segment and platform where Ask.com has been looking to expand."

Users of the immensely popular service create profiles to connect and engage with others through a question and answer format. Unlike other social networks, users on Ask.fm express themselves by choosing to respond to questions, which can be asked anonymously. Once approved by the user, questions and answers are posted to an individual's public profile, enabling a unique form of self-expression. 

"Ask.fm has seen phenomenal usage and engagement because of its compelling take on social expression: describing yourself through the lens of what others want to know about you," continued Leeds. "Now under Ask.com leadership, the plan for unlocking its true potential will focus on making the experience even more engaging, while significantly increasing the investment in safety."

Ask.fm was not previously affiliated in any way with Ask.com or its parent company IAC.  In connection with the transaction, existing outside Ask.fm investor Rubylight will retain a minority interest in the business. Ask.fm's founders will no longer be involved in its operations or retain any equity.

Following the departure of the previous Ask.fm leadership, Ask.com has kicked off its comprehensive safety strategy with the appointment of digital safety veteran Catherine Teitelbaum, former director of global safety and product policy for Yahoo!, to the newly-created role of Chief Trust and Safety Officer at Ask.fm.  Renowned digital safety expert and youth advocate Annie Mullins will lead Ask.fm's safety efforts in the United Kingdom and Europe, working closely with Teitelbaum.

In connection with pursuing the acquisition, Ask.com partnered with New York Attorney General Eric Schneiderman and Maryland Attorney General Doug Gansler in the creation of parallel agreements under which Ask.fm will implement a set of best practices focused on increasing the safety of its services. Announced today, the agreements underscore Ask.com's commitment to partnering with government and law enforcement in an effort to create a safer and more engaging product experience.

"Today's agreement shows once again that regulators can work with technology companies both to encourage innovation and protect consumers, including our youngest digital citizens," said Attorney General Schneiderman in a statement today. "I applaud Ask.com's leadership in working with our office to design a program that protects Ask.fm users from cyberbullying and other harmful content. We would hope that this collaboration serves as a useful model for other companies in the digital space."

About Ask.com
With more than 100 million global users, Ask.com is a leading online brand for questions and answers and an operating business of IAC (NASDAQ: IACI).   More information is available at www.ask.com or http://blog.ask.com.

About Ask.fm
Ask.fm is the world's largest Q&A social network where more than 180 million members in more than 150 countries connect and engage by asking each other questions. Ask.fm has just been acquired by Ask.com, the leading brand for online questions and answers and an operating business of IAC (NASDAQ: IACI).

SOURCE Ask.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
DevOps has often been described in terms of CAMS: Culture, Automation, Measuring, Sharing. While we’ve seen a lot of focus on the “A” and even on the “M”, there are very few examples of why the “C" is equally important in the DevOps equation. In her session at @DevOps Summit, Lori MacVittie, of F5 Networks, explored HTTP/1 and HTTP/2 along with Microservices to illustrate why a collaborative culture between Dev, Ops, and the Network is critical to ensuring success.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great dea...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...