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Deal of the day: LivingSocial
It was only in March that LivingSocial, the number two group buying site, took $25m in Series B funding. That, apparently, only tided the fast-growing company over for six weeks. Today the company is...
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Zagat getting into the daily deals business
In Silicon Valley, success breeds imitation. Witness the glut of doomed e-commerce sites during the Dot Com bubble or, more recently, the plethora of mafia-themed social games on Facebook. The latest...
View ArticleFurther Reading: iPad dents PC sales and the fate of MySpace
From the FT: Richard Waters: Ballmer’s window of opportunity to prove his worth Apple iPad surge hits PC shipments Moneysupermarket shares rise on sales news Demand Media looks to raise $138m in IPO...
View ArticleFurther reading: Facebook investments and the riddle over Twitter and JPMorgan
Tech News from around the web: The value of Facebook is the subject of two news items on the web today. The New York Post is reporting that representatives of a co-founder of the social network – which...
View ArticleFurther reading: LivingSocial in funding talks and Netflix plans original...
Tech news from around the web: LivingSocial, the daily coupon website and rival to Groupon, is in talks with investors to raise around $500m to help fuel its expansion, The Wall Street Journal reports....
View ArticleFurther Reading: Google Music coming soon and Oracle’s upbeat earnings
Tech news from around the web: Google Music, a streaming service that will store user’s existing music library on Google’s servers, is nearly complete and being tested on internally, reports CNet. Greg...
View ArticleFurther reading: Google set to face FTC probe and smartphone privacy
Tech news from around the web: The US Federal Trade Commission is considering launching an antitrust investigation into Google’s dominance of the internet-search industry, Bloomberg reports. Before...
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LivingSocial eyes IPO options
Tech news from around the web: Groupon competitor LivingSocial is considering a $1bn initial public offering, according to PaidContent. The IPO could value the social shopping site, which expects to...
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Apple said to unveil iPhone5 on October 4
Tech news from around the web: Apple is expected to hold its next big media event on Tuesday October 4, where it will unveil the next iPhone model, according to AllThingsDigital. Meanwhile, Mashable...
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Steve Jobs’ sister shares eulogy
Tech news from around the web: Steve Jobs’ biological sister Mona Simpson has shared the eulogy she delivered for her brother at his memorial service with the New York Times. 9to5 Mac reports that...
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Group buying gains steam
In another validation of the suddenly hot collective buying trend, LivingSocial has landed $25m in Series B funding from a group of investors including US Venture Partners and Steve Case’s Revolution,...
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