* IAC/InterActiveCorp reduced Chief Executive Barry Diller's compensation by 31% last year as it cut his annual bonus in half. Diller's pay package totaled $3.58 million in salary, benefits and bonus, compared with $5.22 million a year earlier.
* U.S. sales of video game hardware, software and accessories rose 23% in the first quarter to more than $2.2 billion, market research firm NPD Group said.
