IAC/InterActiveCorp, the company that owns dating service Match.com, this morning reported a first quarter loss of $28.4 million. Executives at the company are worried: they know that the balance sheets will look worse when you see them in person.

IAC/InterActiveCorp, the company that owns search engine Ask.com, this morning reported a first quarter loss of $28.4 million. This comes as sad news to the 15 people who use Ask.com.

President Obama beamed this morning as he and Vice President Biden officially welcomed Arlen Specter to the Democratic Party. This, mainly because both Biden and Specter’s mouths had been taped shut.

Microsoft and Verizon are reportedly talking about launching “a touch-screen multimedia cell phone” that combines Windows Mobile and Zune software. The phone is expected to sell well among those who own Yugos and the DVD edition of “Ishtar.”