New York - Online invitation service Evite, owned by IAC (NSDQ: IACI), is has laid off almost a quarter of its personel, 9 employees out of 38 total, and will reorganize to cope with a slump in advertising, according to Paid Content. IAC Chairman Barry Diller said in the first quarter earnings call that display advertising on Evite, its main source of revenue, has been hurt due to the downturn.

New York - Politics and culture blog The Huffington Post has acquired comedy news site 236.com, and will be integrated as a new comedy section on the site.

New York - IAC (NASD: IACI), the U.S. conglomerate that owns businesses including Ask.com, Evite, Citysearch and Home Shopping Network, announced on Monday that it has sold its 30% stake in Jupiter Shop Channel Co., a Japanese TV shopping company, to Sumitomo for $493 million.

New York - Former Vanity Fair and The New Yorker editor Tina Brown on Monday launched her new online venture with IAC's (NASD: IACI) Barry Diller, The Daily Beast, which will mix original journalism and celebrity gossip with content aggregated from around the Web.

West Hollywood, Calif. - As part of media conglomerate IAC's (NASD: IACI) plan to split into five publicly-traded cmopanies, Ticketmaster (NASD: TKTM) announced on Thursday that it has begun independent trading on the Nasdaq under the ticker symbol TKTM.

New York - InterActiveCorp. (IAC) (NASD: IACI) has announced plans to launch an online advertising network that will cover all of its 26 various brands and Web properties, including Evite, Citysearch and Match.com.

New York - IAC (NASD: IACI), the conglomerate of Internet businesses, has sold its Entertainment Publications Inc. (EPI) subsidiary, a provider of discounts and promotions, to MH Equity Investors for $135 million.

West Hollywood, Calif. - IAC's (NASD: IACI) Ticketmaster on Tuesday announced the launch of a new paperless ticketing service, wherein customers will no longer carry any paper tickets, and instead present their credit card and photo ID to gain entry at a venue. The new Paperless Ticket will first be utilized on Tom Waits' "Glitter and Doom" tour this summer, and the company says it plans to begin installing capabilities to offer the service at major venues in the U.S. over the next year and a half.

White Plains, N.Y. - IAC Consumer Applications & Portals, a division of IAC/InterActiveCorp (NASD: IACI) that develops Zwinky, a teen-oriented virtual world, announced on Tuesday that it has acquired StarNet Interactive, the Israeli-based producer of GirlSense.com, a virtual community that offers teen girls a place to develop social networks around fashion.

Oakland, Calif. - Ask.com, the search engine unit of IAC (NASD: IACI), announced on Thursday that it will acquire Lexico Publishing Group, the owner of reference sites Dictionary.com, Thesaurus.com and Reference.com, for an undisclosed sum.