All Posts Tagged Tag: ‘Deals’
As previously reported, Groupon has apologized for a recent deal gone bad in Tokyo. In the apology, CEO Andrew Mason mentioned that Groupon has "capacity planning formulas" to help merchants figure out the number of customers they can handle from a Groupon deal. As you may know, a common complaint about Groupon is that it can send too many people to a business, which does not have the means to meet customer demand.
Groupon CEO Andrew Mason apologized to users in Tokyo for a deal that went bad a few days before the New Year’s holiday. The deal involved the delivery of food, and became too popular for the business providing the deal to handle.
They sold 500 "Groupons", and the business was unable to process the orders, leading to late deliveries, and deliveries of product in "terrible condition", as Mason describes it.
Don’t call your stockbroker or even place an informal bet just yet. The latest info on the proposed Google-Fairsearch deal represents a rumor twice over. Still, a report’s indicated that the Department of Justice might decide to step in and stop the acquisition.
Groupon is launching in India, Israel, and South Africa as it has acquired similar deals sites in each of those countries – SoSata, Grouper, and Twangoo respectively.
"Collective buying is in its infancy in India, Israel and South Africa and we see strong potential," said Rob Solomon, president and COO of Groupon. "Groupon is shaping the way local merchants market themselves in every corner of the world."
Groupon announced that it has completed its $950 million round of financing, which has been discussed in the tech press over the last couple weeks. The company says it will use the funds to fuel global expansion, invest in technology, and provide liquidity for employees and early investors.
If Groupon’s not already a household name, it may be soon. According to AdAge, the company is getting ready for some big time TV advertising, starting with spots during the Super Bowl pre-game show (the Super Bowl itself was already sold out).
Yahoo Connected TV might soon get a serious bump in respectability in the eyes of sports fans and families with kids. A potential deal with Disney could bring content from ESPN and Disney (along with ABC) to the platform, according to a new report.
Legend has it that Groupon turned down a $6 billion offer from Google, which if accepted would have been Google’s biggest acquisition to date. Time will tell if this was a smart move or not, but Andrew Mason, Groupon’s CEO seems fairly confident in the company’s future.
Nearly three-quarters (74%) of Americans feel that the easiest way to complete their holiday gift purchases is online, while 87 percent favor brick-and-mortar stores, according to research firm StrategyOne.
When it comes to finding the best deals overall, Americans are divided — with 52% stating they found the best deals online, while 48% say they could find the best deals in retail stores.
A company that specializes in "DRM, video optimization, digital copy protection, and conditional access" will now be the property of Google. Late last week, Google agreed to acquire Widevine Technologies for an undisclosed amount.
Widevine is no inconsequential startup. The organization’s been around since 1999, and as of today, its customers include AT&T, Best Buy, Blockbuster, Dish Network, LG, Motorola, NBC.com, Netflix, and Samsung (among other important corporations).
AOL and Yahoo both have new focuses on churning out content. This is one reason why some industry analysts have suggested that the two companies would be a good fit for a merger. It’s made for interesting conversation, but there has never been any substantial evidence that the two companies would ever pursue such an endeavor.
A tie-up between Yahoo Japan and Google may sound unlikely for all sorts of reasons, but antitrust regulators in Japan see no reason to stop the deal from going forward. Earlier today, the Fair Trade Commission declared that the proposed partnership isn’t anticompetitive.
A little background information: Yahoo Japan said in July that it intended to make use of Google’s search tech, which came as a surprise to many since Yahoo and Bing were moving forward together in the U.S.
Conduit – an organization that powers apps for more than 260,000 Web publishers – has been a partner of Google’s for four of the six years the smaller company’s existed. Big changes are underway, however, as Conduit has picked Bing to act as a partner going forward.
Daily deals site Groupon might soon become the property of another company whose name starts with "G" and contains a couple "o"s, according to a new report. Supposedly Google (the company in question, if you couldn’t guess) is willing to write a pretty big check, too.
The last time we wrote about Google TV Ads, it was due to a defeat: NBC Universal had ended an advertising partnership. But it looks like that wasn’t entirely indicative of things to come, as Google announced today that it’s managed to sign a partnership with Verizon FiOS TV.
Chalk up another victory for Google in terms of edging out its competitors. Today, well-known security company AVG announced that the Google will replace Yahoo as the search foundation of its antivirus and security products.
This is development supposed to "broaden the search functionality of AVG’s Security Toolbar product and real-time Internet security solution, AVG LinkScanner," AVG explained in a statement.
Google’s legendary war chest may finally be put to use. Although there’s almost no way the company will spend all its cash, a vice president of corporate development did indicate in a recent interview that it’s looking to make one or more gigantic acquisitions.
Starting late yesterday, a fresh round of rumors began to circulate about a possible Yahoo-AOL deal. Then other sources and experts denied that anything’s taking place. But investors still seem to be excited about the concept, sending Yahoo and AOL’s stocks up a significant amount in early trading.
Amazon.com said today it has reached an agreement to acquire Quidsi, which operates Diapers.com and Soap.com.
Under the terms of the deal, which was approved by Quidsi’s stockholders, Amazon will purchase all outstanding shares of Quidsi for $500 million in cash, and also take on $45 million in debt. The acquisition is set to close next month.
"I’m not sure which is more unpleasant–changing diapers, paying too much for them, or running out of them," said Jeff Bezos, Founder and CEO of Amazon.com.
AOL said today it is selling four of its office buildings it no longer uses and two undeveloped pieces of land on its Dulles, Virginia campus to CB Richard Ellis Realty Trust for $144.5 million.
AOL said as of today it has approximately $750 million of cash on hand.
Google’s $700 million acquisition of ITA Software has just hit another obstacle. Several high-profile travel companies have banded together to form "the FairSearch.org coalition" and ask the U.S. Department of Justice to challenge the deal.
If Google’s earnings report hadn’t gone well yesterday afternoon, we’d perhaps raise an eyebrow over the company’s latest partnership. Google posted some stellar financial results, however, making a deal involving Google Earth and a firm called Slooh look like just one more endearing quirk.
Slooh is, by the way, a company that deals in astronomy. It describes itself as "an online Space Camera that streams live views from robotic telescopes stationed in the Canary Islands, Chile and Australia."
Millions of mobile phone users in Europe should soon start seeing a lot more of Google’s properties. The search giant has secured a search deal with Deutsche Telekom, which owns T-Mobile.
Google will now be T-Mobile’s default search provider in Europe, and that means its engine will be accessible through both the standard T-Mobile homepage and an "idle" screen. It’s hard to imagine Google won’t see a bump in market share as a result.
Despite the whole Microsoft debacle, it’s still possible – and perhaps likely, judging by the reaction of some investors – that one or more organizations will buy Yahoo. Rumors about takeover plans have begun to swirl, and Yahoo’s stock has begun to soar.
One of Google’s biggest victories in terms of television advertising partnerships has unraveled. Google and NBC Universal have dissolved the pact they established two years ago, meaning would-be advertisers will lose access to a number of high-profile channels.
File this one in "maybe, possibly, perhaps" category: rumor has it that Yahoo, with its history of dealing in search, advertising, and content, just might acquire popular deal of the day site Groupon.
Kara Swisher reported earlier this afternoon, "Sources said Yahoo has been eyeing [Groupon] for possible acquisition, which would put it smack dab in the hot space around local purchasing and consumer information."
Dapper, a company that deals in both creating and optimizing display ad campaigns, is now the property of Yahoo, Inc. Yahoo announced the acquisition this afternoon.
There are at least a couple reasons for Yahoo fans to be excited about this development. One is Dapper’s impressive list of clients and partners, which includes organizations like AdBrite, AOL, DoubleClick, Expedia, Kayak, Microsoft, and PubMatic.
A better text input experience may be coming to Android. Late last week, Google announced that it has acquired BlindType, a company that specializes in touch typing software for mobile devices.
The BlindType system aims to solve all the problems brought on by small screens, larger fingers, and unsteady hands. According to the company, it "[c]onstantly adjusts to the user’s ‘perceived’ keyboard and typing style."
AOL buying TechCrunch isn’t the only news happening in the tech content world today. GigaOm and TheStreet.com have announced a partnership, which will see the two publications sharing content and audiences. Both will share and co-author editorial and research content across their network of sites.