Highlights
A collection of news and information related to Groupon, Inc. published by this site and its partners.
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LivingSocial cyber attack may affect 50 million customers
LivingSocial, a daily deals website part-owned by Amazon.com Inc., said Friday that it was hit by a cyber attack that may have affected more than 50 million customers. The company said the attack on its computer systems resulted in unauthorized access...
Tags: Computing and Information Technology Industry, LivingSocial, Inc., Amazon.com Inc.
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Shareholders get another chance
It's "proxy season" again for most public companies — called that because most shareholders submit their votes via proxy rather than attend the companies' annual meetings in person. This year's season represents a critical juncture in public company...
Tags: Robert A. Iger, Arab Spring, CEO Pay, Economy, Business and Finance, Corporate Officers
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Groupon dumps chief executive and founder Andrew Mason
Groupon, the daily deals website with a severe case of crashing stock, fired its chief executive and founder Andrew Mason on Thursday and Wall Street rejoiced. The company’s stock jumped after hours as investors learned that Executive Chairman...
Tags: Andrew Mason, Companies and Corporations, Economy, Business and Finance, Corporate Officers, Eric Lefkofsky
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Groupon cancels all gun-related deals after Sandy Hook shooting
Groupon Inc. is canceling all its firearm offers a month after the shooting massacre at Sandy Hook Elementary School last month in Connecticut. “All scheduled and current gun-related deals featured on Groupon North America, including shooting...
Tags: Cabela's Inc., Firearms, Sandy Hook Elementary School, Shootings, Sandy Hook Elementary School Shooting
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LivingSocial cuts 400 workers as rival Groupon weighs CEO's fate
Daily deals site and Groupon competitor LivingSocial cut 9% of its workforce Thursday, laying off 400 employees as it evaluates its recent “hypergrowth,” a spokesman said. Though several dozen of the employees worked in LivingSocial’...
Tags: Employees, Companies and Corporations, Andrew Mason, Economy, Business and Finance, Career and Workplace
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Groupon CEO Andrew Mason: 'I'd be the first person to fire myself'
On Thursday, Groupon Inc.’s board members will reportedly debate the fate of Andrew Mason, the chief executive of the struggling daily deals site. But then again, “it would be weird” if they didn’t, he said. “It’s...
Tags: Andrew Mason, Companies and Corporations, Economy, Business and Finance, European Debt Crisis, Corporate Officers
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Groupon slide continues, stock falls below $3 in 29% plunge
Whatever is happening with Groupon Inc., investors don’t like it, sending the daily deals company’s stock to another record low. Shares fell below $3 for the first time Friday, hitting $2.75 a share from $3.92 a share Thursday after the...
Tags: Andrew Mason, Weather, Weather Reports, Quarterly or Semiannual Financial Statements
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Election Day deals from JetBlue, Zipcar, Urban Outfitters, more
Need an incentive to vote besides a deep sense of civic duty? Many companies are hoping to lure patrons to the polls by offering Election Day promotions. Low-cost airline JetBlue Airways Corp. is dangling the chance to win a free flight out of the...
Tags: Restaurants, Dining and Drinking, Politics, Urban Outfitters Incorporated, JetBlue Airways
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On 1-year anniversary of IPO, Groupon shares plunge to record low
The stock chart for Groupon is a scary thing to behold, especially for investors. In the year since the daily-deals website made its public debut, the trajectory of its stock has been down, down, down. Shares, which were priced at $20 each, opened at...
Tags: Companies and Corporations, Economy, Business and Finance, Corporate Officers
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Rich get richer: Bill Gates tops Forbes list, Zuckerberg plunges
Bill Gates has been the richest person in the country for an entire generation, cinching the top spot on Forbes’ list of the 400 wealthiest Americans for the 19th consecutive year. That’s what a net worth of $66 billion will do for a guy....
Tags: SpaceX, Social Media, Bill Gates, Donald Bren, Warren Buffett
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Affordable travel tips from the experts
We long for travel, but we long even more deeply for affordable travel. To that end, we asked industry experts to weigh in on budget travel: from getting there to eating there to staying there to choosing where to go. Amy Chen, online editor, Frommers....
Tags: Hotels and Accommodations, Hotel and Accommodation Industry, Tourism and Leisure, Apartments, Rentals
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Shares of Angie's List and Groupon sink
Stocks in the beleaguered social-media sector keep heading down. Shares of Angie’s List Inc. and Groupon Inc. plunged Tuesday as investors continued their retreat from the formerly red-hot sector. Angie’s List, the consumer-review website,...
Tags: Social Media, Gaming Industry, Zynga Inc., Media Industry
Apr 26, 2013
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