Groupon Unveils Groupon POS, An iPad App And Dashboard For On-Site, Mobile Payments
Groupon is expanding their mobile payment reach with the release of Groupon POS, an iPad-specific version of its mobile payments service aimed at local merchants, working as a dashboard to make and track payments. The release of the new service puts the Chicago based daily deal company one step closer to their competition – Square, PayPal and PayAnywhere.
The focus on expanding beyond daily deals, which was originally ex-CEO Andrew Mason’s strategy, shows that even though Mason…
Twitter Valued At $10 Billion Based on GSV Holding
One of Twitter’s investors has estimated the micro-blogging site at almost $10 billion, which is up around 10 percent from a prior estimate. This may be an indication that shares are appreciating ahead of a possible initial public offering.
Woodside California based GSV Capital Corp. (GSVC) owns 1.9 million shares of Twitter valued at $35.2 million, or about $18.50 a share, the firm said in a May 8 filing. Based on a fully diluted share count of almost 530 million,…
Yahoo And Marissa Mayer Makes Third Acquisition In Two Days
Marissa Mayer has spring fever – and the only cure? Start-ups. The Yahoo CEO has acquired Loki Studios, a Palo Alto based-mobile gaming startup in her third acquisition in the past two days.
“We are thrilled to be joining the exceptional folks at Yahoo. We believe fully in their commitment to creating outstanding mobile products. We are excitied to learn from, work with and contribbute to one of the most well-known pioneers of the tech industry,” reads a blog post on Loki Studios’ website.
The…
Daily Deal Central Launching New Site In Light Of Mother’s Day
Daily Deal Central is launching a completely redesigned website DailyDealCentral.com in celebration of Mother‘s Day 2013.
The improved website provides a much better user experience and includes several new features not found on other deal sites, according to Jae Liang, Founder and CEO of Daily Deal Central. The site also offers local businesses, buyers, schools or charities, and affiliate partners with many advantages they won’t find on most of the deal sites out there.
Daily Deal Central is designed around a simple concept. Users simply…
Fab.com Increases Sales 300% Between 2012 and 2013, Has Social Commerce Perfected
Social networking has been on the tip of everyone’s fingers since MySpace and Facebook became household names. With their popularity continuing to skyrocket, businesses have been on a never ending journey to figure out how to turn “friends” and “likes” into profits. While some have been unsuccessful in their venture – there are a few who show that social commerce has a huge potential to make a profit – for companies who use it correctly.
A focus for businesses…
Yahoo’s Marissa Mayer May Be Gunning For Hulu
All Things D has reported that according to numerous sources close to the situation, Yahoo CEO Marissa Mayer has recently met with top execs at Hulu, the OTT subscription service offering ad-supported on-demand streaming video of TV shows, movies, webisodes and other new media, trailers, clips, and behind-the-scenes footage from NBC, Fox, ABC, TBS, and many other networks and studios. The media company owners have been contemplating the selling of it for some months.
The Internet giant has currently not made a formal bid,…
Is Facebook Purchasing Social Mapping App, Waze, For $1 Billion?
Facebook may be in the works of making another billion-dollar acquisition. This time, to increase the social networks mobile efforts – according to three reports in the Israeli press at Calcalist and sister publication Ynet and The Marker (all in Hebrew), Facebook has approached Waze, the social mapping and traffic mobile app.
Calcalist values the deal between $800 million and $1 billion. The negotiations between the social network and crowdsourced mapping app apparently began six months ago, according to Business Insider.
Facebook and Waze…
Amy Hood Assumes Role As Microsoft’s First Female Chief Financial Officer
Microsoft is taking another step toward gender equality in the office in electing Amy Hood as the first female chief financial officer, the highest finance position in the company.
Hood has been with Microsoft since 2002 and is replacing Peter Klein, who resigned to spend more time with his family. In an effort to help the transition, Klein will stay with the company through June. Formerly, Hood acted as chief financial officer for the business division — overseeing Office suite, one of Microsoft’s…
Target Teams Up With Cartwheel To Test Facebook Driven Deals – Will This Be Successful?
This past Wednesday Target unveiled a bold initiative to test a version of Cartwheel, an ambitious collaboration with the world’s largest social network that will allow users to earn savings via Facebook and then use their smartphones to redeem those savings in stores.
Retailers have previously gotten creative in how they display their products via social networks and Pinterest, but have came up short when it comes to converting those ideas into profit. By using mobile devices to help drive people to its stores, Cartwheel…
New Investor In VKontakte, Russian’s “Facebook”, Denies Ties With Russian President Vladimir Putin
Last Month a Moscow-based investment fund run by Ilya Sherbovich bought 48 per cent of VKontakte, Russian’s answer to Facebook, and now the company may be in trouble. Currently the Russian businessman is playing down concerns he has been brought in to crack down on activists who use the network to protest against Russian President Vladimir Putin.
The purchase has been reported to have taken VK by surprise. According to the Globe and Mail, the purchase also came just days before police raided…
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