GRPN Is Now Half Price Without a Groupon

Groupon's share price reflects its mounting pile of problems. On March 30, Groupon announced a restatement of its first quarterly report since going public five months ago. It admitted to a material weakness in its accounting controls which caused the stock to start its recent downward spiral. The U.K. has sanctioned it for its business practices. You don't need a half price Groupon to buy the ...

The Morning Download: Hertz's CIO in the Driver's Seat - Wall Street Journal (blog)

The Morning Download: Hertz's CIO in the Driver's Seat Wall Street Journal (blog) Dozens of companies are trying to get into the “geofencing” business—sending out mobile coupons to nearby shoppers, report the Journal's Dana Mattioli and Miguel Bustillo. But so far the hype is bigger than the actual use. Adoption by shoppers has ... and more »

Phila.'s tech scene is bubbling - Philadelphia Inquirer

Phila.'s tech scene is bubbling Philadelphia Inquirer Back in the '70s and '80s, when Apple and Microsoft and Oracle and Dell and the other tech behemoths were still babies, Philadelphia was dirty, overtaxed, and at that time clearly in decline. The city was the last place a young entrepreneur would ... and more »

Valuing Facebook - The Economist

The Economist

Valuing Facebook The Economist If Facebook's valuation were to hit $100 billion, it would put the company roughly on a par with, say, Amazon and give it a market capitalisation greater than those of Dell and Hewlett-Packard combined. One analyst even dismissed Facebook's suggested ... and more »

GRPN Is Now Half Price Without a Groupon - Forbes

GRPN Is Now Half Price Without a Groupon Forbes Was it that she was a big company person in a small company? Or was it that she saw the handwriting on the wall and didn't want to impair her own reputation? Whatever factored into her decision, she surely made a good one to exit. and more »