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
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.