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Groupon CEO and founder Andrew Mason. Photo: Bloomberg
Groupon is reportedly in talks with various banks over an initial public offering (IPO) that would value the daily deals site for as much as $25 billion, roughly half of what Facebook is currently worth. Given Groupon's recent actions -- walking away from Google's $6 billion offer, building a staff of 5,900 employees, and expanding into countries like China -- the IPO move, which could happen some time this year, certainly makes sense. (Bloomberg)
A curated selection of the day's most newsworthy tech stories from all over the Web.
Photo: Toshifumi Kitamura/AFP
To prevent sensitive documents from leaking out in the future, Major General Richard Webber, commander of Air Force Network Operations, issued the "Cyber Control Order" to "immediately cease use of removable media on all systems, servers, and stand alone machines" on the Defense Department's network. Other military branches have made similar directives. (Wired) The first MORE
JP Mangalindan, Writer-Reporter - Dec 10, 2010 6:11 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Less than an hour after TV media like Anderson Cooper and Dr. Phil accused Amazon of "peddling pedophilia" for recognizing and selling a pedophile "how-to" guide on Amazon's Bestsellers list, the ecommerce site pulled it from its MORE JP Mangalindan, Writer-Reporter - Nov 11, 2010 6:00 AM ET
Tech gathering brings together best of tech and digital Hollywood.
Next week Fortune Magazine continues a nearly annual tradition, its mid-summer Brainstorm conference. We'll gather some of the smartest, most connected and powerful people we know in the technology and entertainment industries to talk about where we are and where we're going. Check out the agenda to see who'll be with us.
We began almost a decade ago in Aspen, Colo., then MORE
Adam Lashinsky, Sr. Editor at Large - Jul 16, 2009 8:30 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
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