LivingSocial
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LivingSocial: Don't call it a deals business
There is more to LivingSocial than meets the eye, according to its CEO.
By Dan Primack, senior editor
To many consumers, LivingSocial is Groupon with better writing. Interchangeable, and possibly disposable if someone begins offering deeper discounts for more attractive merchants.
To LivingSocial, however, a lot of people are missing the deeper point.
"If you view this as a daily deals business, you've probably lost already," said company CEO Tim O'Shaughnessy, during a panel discussions MORE
Dan Primack - Jul 20, 2011 2:53 PM ETPosted in: LivingSocial, local -
Today in Tech: Cisco cutting 10,000 jobs?
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"In a year, we've gone from very small to ... very small." -- Steve Ballmer, Microsoft CEO, on Windows Phone 7's market share (PC World)
* Cisco could cut as many as 10,000 jobs, or roughly 14% of its overall workforce, to keep profits up: 7,000 jobs would MORE
JP Mangalindan, Writer - Jul 12, 2011 9:22 AM ETPosted in: Bloomberg Businessweek, Gilt Groupe, Google, LivingSocial, Peter Pham, Steve Ballmer, TechCrunch, Windows Phone 7 -
Don't call it the next tech bubble - yet
Signs of exuberance are everywhere: Tesla roadsters, soaring real estate, overpriced vinegar - and eye-popping valuations for pre-IPO companies like Facebook and Zynga. So why are so many Silicon Valley denizens reluctant to use the B-word?
By David A. Kaplan, contributor
FORTUNE -- Michael Dreyfus, 49, is a leading real estate broker in the heart of Silicon Valley. During the winter he sensed the housing market was coming back, though he hadn't MORE
Jul 11, 2011 5:00 AM ETPosted in: bubble, Facebook, Groupon, IPOs, LinkedIn, LivingSocial, Lou Montulli, Mark Andreessen, Mark Zuckerberg, Microsoft, MySpace, Netscape, Pandora Media, Sequoia Capital, Silicon Valley, Skype -
Study offers grim news on deal sites like Groupon
People may love online deals. But a Rice University study finds that bargain-hunters rarely turn into regulars.
FORTUNE -- The growing backlash against daily-deals services got some fresh support this week from an academic study finding that fewer than half of the companies that use such services once are unlikely to do so a second time.
The study, by Utpal Dholakia, professor of management at Rice University, also found that nearly 80% MORE
Dan Mitchell, contributor - Jun 16, 2011 4:50 PM ET -
Today in Tech: LivingSocial raises $400 million, Digg co-founder's new startup
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
Daily deals site LivingSocial, which has made a splash over the last few months with half-off deals from Amazon and Fandango, just clinched $400 million in funding from existing investors like Lightspeed Venture Partners and Amazon, at a valuation of $3 billion. (Wall Street Journal)
JP Mangalindan, Writer - Apr 5, 2011 10:16 AM ET
Jeffrey Katzenberg, CEO MOREPosted in: Alex Taussig, Android, Apple, Bing Gordon, Digg, DoubleClick, Google, Highland Capital Partners, Hulu, Kevin Rose, LivingSocial, Mark Pincus, Owen Van Natta, TechCrunch, YouTube, Zynga -
Twitter, Groupon, and how to manage an army of clones
The two companies have inspired two huge networks of imitators. So why is the one you'd least expect now intent on rubbing out the competition?
By Chadwick Matlin, contributor
FORTUNE -- Another week, another Groupon clone. And this time, it's Facebook. Last week, the company confirmed to Bloomberg that it was going to start competing for coupon revenue in earnest. Mark Zuckerberg and company began putting ads for a "Facebook Deals" feature MORE
Mar 21, 2011 12:50 PM ETPosted in: CrowdSavings, Facebook, Groupon, LivingSocial, Mark Zuckerberg, PriceBunch, TownHog, Twitter -
Why startups don't go public anymore
Facebook, Twitter, Groupon -- hot Internet startups are using private financing to grow like never before. Why do they trust the social graph to be the backbone of their business model but not of their statement of ownership?
By Kevin Kelleher, contributor
The web is nothing if not a democratizing force. It has turned us into active investors with low-cost commissions from online accounts and free access to vast amounts of financial MORE
Mar 17, 2011 2:46 PM ET -
Today in Tech: Netflix's $100 million TV show, Verizon owns 12% of iPhone market
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
Netflix, which owns 60% of the digital movie market, thinks the next step is to offer exclusive video content that can't be found anywhere else. The content in question? A new series, House of Cards, directed by David Fincher and starring Kevin Spacey. The company reportedly outbid Netflix MORE
JP Mangalindan, Writer - Mar 16, 2011 5:00 AM ETPosted in: Alexandra Wallace, David Fincher, HBO, iPhone, iPhone 4, LivingSocial, Mobile, Netflix, Television program, time warner cable, VeriFone Systems -
Today in Tech: what's new in iOS 4.3, LivingSocial's Fandango deal
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
Army private Bradley Manning (right), the soldier who reportedly gave WikiLeaks 500,000-plus classified materials like video of a Baghdad helicopter air strike in which 12 people were killed, faces 22 additional charges that accuse him of aiding the enemy. Though such charges could mean the death penalty MORE
JP Mangalindan, Writer - Mar 3, 2011 6:27 AM ETPosted in: Apple, Bradley Manning, Facebook, iOS, iOS 4.3, iPad, iPhone, Jack Dorsey, LivingSocial, Mobile, Square, Steve Jobs, TechCrunch -
Today in Tech: Egypt kills web access, LinkedIn's IPO
A curated selection of the day's most newsworthy tech stories from all over the Web.
Multiple outlets are reporting that Egypt has shut off local web access, a first in Internet history. Tweeted CNN reporter Ben Wedeman: "No internet, no SMS, what is next? Mobile phones and land lines? So much for stability. #Jan25 #Egypt" The move comes as thousands of Egyptian protesters call for an end to the 30-year dictatorship of 82-year-old MORE
JP Mangalindan, Writer - Jan 28, 2011 6:00 AM ETPosted in: Amazon, Apple, AT&T, Egypt, Eric Schmidt, Google, Groupon, Hosni Mubarak, Internet, Jeff Bezos, LinkedIn, LivingSocial, Microsoft, News Corp., Rupert Murdoch, Verizon iPhone
