Groupon Grabs $250M Investment, Comcast Partnership

Groupon announced that it has secured a new $250 million investment from independent private company Atairos, which supports growth-oriented businesses. Michael Angelakis, Chairman and CEO of Atairos, will also join Groupon’s Board of Directors. Atairos laucnhed earlier this year with…

Groupon Celebrates A Billion Deals With Stat-Heavy Infographic

Groupon just announced that it recently sold its billionth Groupon, which it says puts it in the “the same elite company as Apple, McDonalds, Uber, The Beatles and Elvis, among others.” “One billion is a lot of Groupons!” a spokesperson…

Groupon’s ‘Stronger Than Expected’ Earnings Out

Groupon just reported its financials for Q4 with what the company calls “stronger than expected” results, including a record Black Friday and Cyber Monday period. Revenue grew to $917.2 million from $883.2 million in the same quarter in 2014 (up…

New Groupon CEO: Nobody Understands Us

Earlier this month, Groupon reported its Q3 financials and announced that it has a new CEO. Rich Williams stepped into the role as Eric Lefkofsky stepped down to return to his role as Chairman of the Board. Wall Street was…

Columbus Day Sales Lead To Numerous Twitter Users Telling Same Joke

Columbus Day sales are happening at stores around the United States as well as online. As you’d expect, Twitter is full of reactions to the controversial holiday and its related sales. Many are cracking jokes at the expense of Christopher…

Groupon Cuts Jobs, Exits Countries

Groupon announced that it is eliminating about 1,1000 jobs over the coming months. The cuts will mostly take place in its International Deal Factory and Customer Service. The company says it has streamlined its operation in these (and other) areas…

Microsoft Edge Browser Adds Cortana Coupons To Improve Online Shopping

Microsoft announced the pilot of a new Cortana feature for online shopping in its new Microsoft Edge browser. It’s called Cortana Coupons, and it leverages Cortana functionality to help users find coupons while they’re shopping online with Edge. Retailers like…

Amazon Gives Sneak Peek of Prime Day Deals

As you may have heard, Amazon is celebrating its 20th birthday on by throwing a big deals party on Wednesday it’s calling Prime Day. Amazon says that there will be deals throughout the day that give Black Friday a run…

Walmart Throws Shade at Amazon’s ‘Prime Day’ Birthday Celebration, Offers Up Own Deals

On July 15th, Amazon turns 20. In celebration of this, the company recently announced what it calls “Prime Day” – an online shopping “holiday” for Prime members that it says will trump Black Friday in terms of deals offered. Now,…

Netflix Was a Big Part of Why Regulators Hated Comcast/TWC Merger

By now you’ve probably heard that Comcast has abandoned its push to acquire Time Warner Cable, due to looming concerns that both the Department of Justice’s antitrust division and the Federal Communications Commission were poised to recommend it blocked. “Today,…