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Groupon tests new service, enters mobile payment battlefield
Groupon has begun testing a mobile credit card reader, encroaching on a domain innovated by Square that PayPal has also recently entered. The Groupon payment platform will charge a 1.8% transaction fee along with a 15-cent transaction charge. At that...
Tags: Media Industry, Social Media, PayPal, Inc., Apple iPod
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Groupon lets customers in on $8.5-million lawsuit settlement
Groupon subscribers this week are getting an email from the daily deals site informing them that they might be eligible to get a chunk of a proposed $8.5 million settlement. Last month, without admitting fault or wrongdoing, Groupon Inc. settled a class-...
Tags: Companies and Corporations, Justice System, Andrew Mason, Economy, Business and Finance, Crime, Law and Justice
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Facebook's lackluster debut hurts other social media stocks
Wall Street didn't get the Facebook effect it was hoping for.
In a sign that the social networking giant may have already become a bellwether for its sector, shares of virtually every social media company sank Friday with Facebook Inc.'s lackluster debut...Tags: Financing and Stock Offerings, Companies and Corporations, Yelp, Inc., Stock Market, Media Industry
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'Social travel' start-ups help travelers gather friends' tips
SAN JOSE — Wondering where to go on vacation this year, and what to do? A growing number of "social travel" start-ups offer alternatives to the trusty, dusty guidebook.
Sites like Twigmore and Triptrotting help you troll your social networks for...Tags: Dining and Drinking, Key Lime Pie, Restaurants, New Products, Wikimedia Foundation, Inc.
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Facebook IPO falls short of the hype
There wasn't much to like about Facebook's first day as a public company.
The social media giant's stock rose by mere pennies in its initial public offering. The shares closed at $38.23, barely above the $38 IPO price.
The performance fell far short...Tags: Financing and Stock Offerings, Companies and Corporations, Corporate Officers, Advertising, Initial Public Offerings
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Facebook trading debut disappoints investors
NEW YORK — First it popped, then it flopped. Facebook Inc.'s much-hyped debut on Wall Street was an event watched around the world. The social network's initial public offering valued it at $104 billion — more than market stalwarts such as...Tags: Companies and Corporations, Financing and Stock Offerings, Yelp, Inc., McDonald's, Morgan Stanley Dean Witter & Company
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FINRA's interest in Groupon: Investigation or standard practice?
Just before reporting bullish earnings after the close of trading Monday,Groupon Inc.stock soared 18.5% during its trading day. Does that a FINRA probe make? Hard to say. The Wall Street Journal, quoting a source familiar with the matter, is reporting...
Tags: Companies and Corporations, Economy, Business and Finance
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The Facebook effect: Social media stocks sink
On the day Facebook went public other social media stocks have begun to drop like flies. Social media companies such as Zynga, LinkedIn, Groupon and Pandora that went public in the last year began Friday with some poor results, each seeing its stock...
Tags: Pandora Media, Inc., Media Industry, Companies and Corporations, Social Media, Zynga Inc.
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Facebook IPO: Buy early or wait and see?
Facebook Inc. is certain to make a dramatic entrance to the stock market Friday with its hotly awaited initial public offering.
What's less certain is whether you should buy the stock.
Enthusiasts have salivated for months over the prospect of buying...Tags: Financing and Stock Offerings, Companies and Corporations, Tampa, Mark Zuckerberg, Advertising
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Groupon reports narrower loss
Groupon Inc. narrowed its loss in the first quarter as revenue grew nearly 90%.
The Chicago daily-deals company said Monday that it had a net loss of $11.7 million, or 2 cents a share, compared with a net loss of $146.5 million, or 48 cents, a year...Tags: Companies and Corporations, Thomson Corporation, Quarterly or Semiannual Financial Statements, Earnings Forecasts, Earnings
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Nokia Lumia to get a bundle of exclusive apps
If you've got a Lumia, then you'll get a bunch of new apps, including Groupon, that no other Windows Phone will get to tap into right away. On Tuesday, Nokia announced that the ESPN Hub, PGA Tour and AOL Entertainment Hub apps and an upgraded Groupon...Tags: National Football League, New Products, Tiger Woods, Skype, Nokia Corp.
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CBS orders Sherlock Holmes drama 'Elementary,' six other shows
Show TrackerCBS is bringing Sherlock Holmes to prime time next season with "Elementary." The new drama stars Jonny Lee Miller (ABC's "Eli Stone" and Showtime's "Dexter") as the famed detective, although this time the mysteries are transplanted to modern-day New...
May 26, 2012
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May 14, 2012
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May 8, 2012
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May 13, 2012
| Los Angeles Times
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