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,…

Comcast / Time Warner Cable Merger Is Dead, Officially

It’s official. Comcast has announced it has abandoned its efforts to acquire Time Warner Cable, in a deal that would’ve been valued at around $45 billion. This follows reports on Thursday that said the Department of Justice and Federal Communications…

Comcast Is Giving Up on Its TWC Deal: Report

Comcast is planning to kill its proposed acquisition of Time Warner Cable before the feds can kill it first. Bloomberg is quoting sources who say that Comcast is ready to back away from the merger, which would be valued at…

Groupon Recalls Fake, Possibly Holey Condoms

Groupon Australia has admitted that it sold a bunch of counterfeit condoms that may, in fact, be full of holes. The condoms were sold between March 12 and April 10. If you do the math, and it’s not a hard…

Elizabeth Warren, Al Franken Among Six Senators Urging a Swift Death for the Comcast/Time Warner Merger

In a letter addressed to Federal Communications Commission Chairman Tom Wheeler and Attorney General Eric Holder, six Senators are urging the blockage of Comcast’s proposed merger with Time Warner Cable. The letter comes just one day before representatives from Comcast…

Comcast, TWC Will Meet with Regulators to Try to Save Deal

With their proposed merger on shaky ground, representatives from Comcast and Time Warner Cable are planning to meet with Justice Department officials in the hopes of negotiating a pathway for the deal to proceed. This will be the first such…

Regulators Ready to Kill Comcast / TWC Merger: Report

One of the regulatory agencies looking over the proposed Comcast / Time Warner Cable merger may be about to give it the thumbs down, citing concerns over potential harm to customers. Bloomberg cites the ubiquitous “people familiar with the matter”…

Chromecast Users Get $6 In Google Play Credit

It’s never been a better time to own a Chromecast, Google’s $35 streaming device. Not only does the functionality of the device continue to improve thanks to updates from Google as well as increased support by third-party apps, but Google…

Amazon Fire Phone Gets Even Cheaper, Somehow, for One-Day Promotion

Amazon continues to find new and innovative ways to attempt to give away its safe-to-say-failed foray into the world of smartphones. The company is currently offering the Fire Phone, unlocked, for just $189. As you’re well aware, that’s cheaper than…

Groupon Broke Records Over The Holiday Weekend

Groupon announced that it experienced a record-breaking holiday weekend for deal sales in North America. The company says it had the most successful four days ever in its six-year history. Black Friday and Cyber Monday specifically were the two biggest…

Cyber Monday Sales Not Much Higher Than Last Year

Cyber Monday is the biggest online shopping day of the year, and for good reason. Not only do retailers heavily discount goods, but many also offer free shipping. That’s why Cyber Monday sales growth has been steady for the past…