Yahoo To Sharpen Focus – Shuts Down 7 Products In Process
Under the new reign of Marissa Mayer, Yahoo announced last Friday that they are going to be shutting down several of their products in an effort to sharpen the company’s focus. Seven products will be let go, including it’s BlackBerry app, Avatars, Clues, app search, Sports IQ, Message Boards, and its Updates API. On April 1 the first six products will be shutdown.
Yahoo reasoning behind the cut backs is, ““Ultimately, we’re making these changes in an effort to sharpen our focus. By continuing to…
Dell Privatization Rumor Gaining Momentum
Dell, a well-known computer and technology company, has been considering a leveraged buyout since this past summer. JPMorgan is advising the company on the buyout that could be worth more than $20 billion.
The 28 year old company is currently speaking with their investment firms and founder, Michael C. Dell, about an opportunity that will privatize Dell. According to a recent report by DealBook, a leveraged buyout of Dell would be one of the biggest private equity transactions since the Blackstone…
San Diego’s Deal Current Network Gets a Capital Push
A San Diego-based software development company is getting the venture capital it needs to accelerate its growth in the daily deals software market.
Private equity firm Canal Partners, is funding Deal Current Network for an undisclosed amount.
Deal Current Network is developing software that allows companies to set up their own daily deals without having to go through a site like Groupon.
The company works with several clients including print and broadcast media, who are…
Venga Updates Sales, Technology Teams
Venga, a company that specializes in helping restaurants increase customer loyalty, has hired Bob McKay as its new vice-president of sales. He will be working with Michelle Baker, who is joining Venga as an Account Executive. The third new person to join the company is Michael Dumont, who will be Lead Software Engineer.
Venga uses software to tap into point of sale information to analyze and provide information about restaurant guests. This will enable a restaurant manager to access details such as frequency of…
DDM Tip Suggests Possible Digital Doorstep Clone Company
Editor’s Note: This article has been updated since original publication date to include commentary from the team at BrandLava.
Daily Deal Media received an anonymous tip alleging BrandLava.com may in-fact be equivalent of a so-called “Digital Doorstep Clone” company, by using same controversial redemption-based deal model that crashed and burned for Digital Doorstep earlier this year.
Brand Lava LLC, provides “Consulting services for the Daily Deal industry” by providing both ”Merchant Services” to maximize merchant ROI on deal runs, as well as what they call ”Digital Products” also known as a…
Wakoopa Social Shuts Down
In 2007 Wakoopa launched as the “last.fm for software”, monitoring the software its users used and recommended software based on usage and feedback from the community. According to findthebest.com the site had 100,000-250,000 users. But in 2010 the company began to focus on corporate clients and less on the social aspect. Now the company is shifting their entire focus to the corporate side and shutting down Wakoopa social.
In a statement Wakoopa CEO Wouter Broekhof said, “This meant that last year…
Morning Coverage of BI Mobile Advertising Conference 2012 in NYC
Daily Deal Media AM Coverage of the Business Insider Mobile Advertising Conference: Commentary from Coverage of Bravo, Discovery Communications, NHL, Lot 18, Seamless.com, Sugar Inc., Pandora and More!
Third-Screen Experiences: Making Content To Go
Every publisher and advertiser needs to understand how big content brands are using mobile devices to bring sports and entertainment to an increasingly on-the-go population. What are top practices in mobile content? What compromises—if any—must be made to squeeze it all onto the small screen?
Moderator: David Kaplan, Video & Publishing Editor, AdExchanger.com
Beth-Ann Eason, SVP & GM, Gourmet Live and…
Thrive World Wide to Acquire INTECH Creative, LLC
Thrive World Wide, Incorporated (Over The Counter ticker symbol: TWWI) announced today that it has entered into a Letter of Intent to acquire INTECH Creative, LLC. INTECH Creative LLC is a software development company, with its software development studio located in Jayanagar, Bangalore INDIA, and its preferred third-party subcontract office located in West Bengal INDIA.
INTECH will develop, manage and support the overall IT requirements of Thrive Worldwide, provide all technology-related requirements for Thrive projects company-wide, and develop its own…
Infographic: Merchants Make Less Money with “Groupon Now” Deals
In Groupon’s world, web-based group buying remains #1 in revenue and merchant ROI.
Groupon’s SoLoMo approach, Groupon Now, launched in mid-2011, is showing both lower adoption and revenue rates compared to the company’s standard, web-based group buying Groupon deals. As we review nearly a year into the SoLoMo, aka Social + Local + Mobile, launch of Groupon Now, numbers clearly illustrate the way in which customers are still more frequently buying deals online rather than via mobile.
On the merchant end, Groupon Now deals a presented…
Marketo Acquires Crowd Factory to Increase Diversity of Services
Marketo provides on-demand marketing software which helps businesses enhance and optimize their sales and marketing efforts. The acquisition of Crowd Factory, creator of white-label social marketing tools, will allow Marketo to increase and diversify the services they offer.
Crowd Factory was a hot purchase for Marketo, due to its platform and operations. The ability for marketers to add social applications and messages to every online marketing channel was right up Marketo’s alley. Crowd Factory’s platform could integrate with Facebook pagers, Twitter, LinkedIn, landing pages, websites, banner ads and…
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