American Express has launched an iPhone application feature that offers daily deals to consumers targeting their purchase history and location. The ‘My Offers’ feature, is an add on to American Express’s existing iPhone app. Most of the bugs have been worked out, so It should be up and running. The beta test areas include New [...]

Facebook announced today that it will sell 25% more shares of the company than previously planned. The additional shares were disclosed in a filing with the Securities and Exchange Commission (SEC) and could easily add an additional $3 billion to the total amount being raised. The new number on the offering is 421.2 million shares; [...]

Editor’s note: The following is a guest post by Marc Horne.  Marc is a co-founder of DailyDealBuilder.com, provider of customizable deal software solutions and training. Getting your emails past an ISP’s deliverability standards alone is a significant barrier.  Getting your emails opened and links clicked is an entirely different barrier.  Like many of you, I am [...]

Once derided as a trivial waste of time and a sad replacement for human-to-human interaction, millions have changed their tune about the role of social media in modern society. Without question, social media – like email and texting – has become one of America’s preferred methods of communication. And wherever the masses go, the advertising [...]

A large congratulations are in order today as media expert, Larry Kramer, is named USA TODAY‘s newest president and publisher. In this role, Kramer will take the place of Dave Hunke, now Chairman of USA Today, and will lead the media company as it reaches a landmark 30th anniversary this September. “We wanted a great [...]

Facebook Incorporated has raised the bar and the price range for what appears to be Silicon Valley’s largest IPO. The new and improved range places a value on the company between $93 billion to $104 billion. The pricing also means that Facebook will raise about $12 billion which would knock Google Incorporated’s 2004 IPO down [...]

Groupon numbers are out and I have been all over this one like a wet blanket! There was a massive short covering rally today sending GRPN shares up $1.84 or 18.5%. Share volume traded a crazy 12.8 million shares 522% above normal daily volume. Unless there is something I haven’t seen yet, there should be [...]

I have been pounding on the table for several weeks as Groupon shares continued to become more and more oversold that there could be a short covering rally prior to earnings day (May 14th, after the market closes). Well, traders have held out until this morning to realize that perhaps revenues will in fact be [...]

Editor’s note: The following is a guest post by Marc Horne.  Marc is a co-founder of DailyDealBuilder.com, provider of customizable deal software solutions and training. The barrier to entry to get involved in the deal industry is rather low and as more niche specific sites are opening their doors, it begs the question, “what makes [...]

From humble beginnings to a silver spoon Eduardo Luiz Saverin was born on March 13th, 1982 in São Paulo, Brazil. Eduardo’s father was a Brazilian industrialist working in export, clothing, shipping, and real estate. By 1993, Saverin’s father had become wealthy, and in 1993 it was discovered that his son Eduardo´s name had been placed [...]