Latest Headlines

Latest Headlines

Retailers shouldn't underestimate value of mobile shopping apps

Given the ubiquity of smartphones, it's hardly a surprise that shoppers are relying on them to make informed purchasing decisions on the fly. What is surprising, however, is which apps are getting the most attention.

"Predictive data envy" prompting data scientist exodus

Gartner is right about big data projects proceeding slowly in the corporate world. People are still figuring out how exactly big data works. But that doesn't mean data scientists are patiently waiting on their corporate bosses to give the green light or for more challenging projects to come their way. Indeed, if they don't feel satisfied with their work, they just may develop "predictive data envy" and move on to another company. 

Groupon snaps up social gifting app Plumfare

Groupon has acquired mobile discovery and gifting application Plumfare. Financial details were not disclosed.  VentureBeat  first reported the news, and Groupon and Plumfare confirmed the deal.

Groupon: Mobile driving close to half of North American transactions

Groupon reported better-than-expected second-quarter sales, crediting its turnaround to the continued growth of its mobile commerce business: Close to half of the company's North American transactions are now completed on mobile devices, increasing from 30 percent in June 2012.

Groupon revamps Breadcrumb POS app with vertical-specific features

Groupon is expanding its iPad-based Breadcrumb point-of-sale platform, adding pre-built, customizable experiences adapted to specific merchant verticals like retailers, quick-service restaurants and bars, salons and spas.

Struggling Groupon ousts CEO Andrew Mason

Groupon is parting ways with founder and CEO Andrew Mason. As a result, Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis are stepping in to lead the daily deals firm while it seeks a permanent replacement.

Groupon: Mobile transactions driving 40% of revenue mix

Groupon reported fourth-quarter revenues of $638.8 million, up 30 percent year-over-year thanks in part to the continued growth of its mobile deals platform. Operating losses totaled $12.9 million,...

Mobile payments in 2013: Will it be user-driven or vendor-driven?

The gold rush to win the mobile payment race has attracted a lot of different companies, however it's still unclear which ones will succeed at this multi-billion dollar industry.The ecosystem is currently divided into two camps: vendor-driven and user-driven initiatives.

Groupon acquires Glassmap, will shut down real-time discovery app

Groupon has acquired Glassmap, a real-time location sharing and local discovery service optimized for Apple's iOS and Google's Android. Glassmap confirmed the acquisition on its blog. Financial details of the deal were not disclosed.

Groupon Payments expands to Android devices

Groupon released an updated version of its Merchants application for Google's Android operating system, adding support for the GrouponPayments transaction processing platform.