Chicago-based daily deals provider YouSwoop will be launching in the North Shore as early as Tuesday, marking the company’s first expansion outside of the city. Get the full story »
Inside these posts: Social media
Cameron and Tyler Winklevoss cannot back out of a settlement with giant social networking firm Facebook over claims that Chief Executive Mark Zuckerberg stole their idea, a U.S. appeals court ruled Monday.
The saga of the Winklevoss twins and Zuckerberg became silver screen lore with the release of the film “The Social Network” last year. It has long been a legal battle as well. Get the full story »
On Friday, Chicago real estate brokerage Dream Town Realty launched a week-long deal on Groupon, hoping to tap the popular social buying model to attract clients. Get the full story »
Local Offer Network, a Chicago technology company that aggregates daily deals from providers such as Groupon, has raised $1.5 million in a Series A round led by Matthew Pritzker and IllinoisVentures. Get the full story »
In Google’s latest attempt to become relevant in the social networking space, the search giant on Wednesday unveiled a new tool — a “1″ button akin to Facebook’s “Like” button — that allows people to share helpful search links with their friends. Get the full story »
Amtrak is introducing a pilot program to notify Northeast Corridor passengers about major service disruptions via Twitter.
The program using the @AmtrakNEC handle began Tuesday. Get the full story »
Gap began promoting the site GapMyPrice.com on its Facebook page this month, with its first offer that allowed customers to name their price for a pair of men’s khakis, reports Advertising Age. Get the full story »
Gogobot, a Menlo Park, Calif,-based startup that culls travel recommendations from users’ online social networks, said Thursday it has integrated its service with Chicago-based Orbitz and four other booking sites. Get the full story »
After Gilt Groupies changed the 12 o’clock hour and Groupon made vouchers cool, users may finally be over it all. Traffic to flash sales and daily deal sites has been dropping during the past few months, according to online traffic monitor comScore.
Gilt is down 22 percent since the start of 2011, and Groupon has fallen off 13 percent during the same time period. Though both are still up year over year. Get the full story »
From BusinessWeek | Chicago-based daily deal site Groupon Inc. is preparing to make its deal-of-the-day business even more local, launching a mobile product that will allow it to offer discounts to subscribers based on their location. The new program it is planning, Groupon Now, consists of two buttons for consumers to pick from: “I’m Hungry” and “I’m Bored.” When users click on one of the buttons, Groupon Now offers up a host of discounted options near the user’s location. Get the full story>>
Groupon launched a two-day national deal Wednesday offering discounted tickets for the upcoming movie “The Lincoln Lawyer,” partnering with Lionsgate in what the studio said was a first for the feature film industry.
“The Lincoln Lawyer,” starring Matthew McConaughey in the lead role, opens nationwide on Friday. Groupon is selling $6 tickets to the film. Subscribers who purchase the deal will get a special code to redeem their tickets on Fandango at any time during the movie’s theatrical run.
Lionsgate said it is the first Hollywood studio to promote a major feature film through Groupon. Movie tickets have been featured on daily deal sites in the past; earlier this month, Groupon rival LivingSocial offered a national deal where consumers could purchase two tickets on Fandango for $9. Get the full story »
Groupon Inc., an online provider of daily e-mails offering deals on everything from restaurants to dance lessons, was sued Tuesday by a Minnesota man who alleges the expiration dates on the company’s discounts are deceptive and illegal. Get the full story »
Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC.
General Atlantic is purchasing a block of roughly 2.5 million Facebook shares from former Facebook employees, giving the firm a 0.1 percent stake in the company, CNBC said. Get the full story »
Twitter has no plan to go public in the near future and does not need additional funds because it is making money, the co-founder of the popular microblogging site said. Biz Stone also dismissed reports JPMorgan Chase & Co. was in talks to buy 10 percent of Twitter for $450 million, which would have valued the company at $4.5 billion. Get the full story »