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Groupon

Groupon salespeople disgruntled, ready to jump ship, report says

Daily-deals provider Groupon is having a tough time keeping its salespeople happy, according to a new report.

The Wall Street Journal, citing sources, has reported that increasing numbers of Groupon salespeople are looking for new jobs after becoming disgruntled with the way they're treated by their employer. The Journal sat down with Mike Silagadze, CEO of software firm Top Hat Monocle, who revealed that he has received "hundreds of resumes" from Groupon salespeople.

According to the Journal, the daily-deals provider has made it too difficult for its sales force, which accounts for nearly half of its more … Read more

Nokia Maps wheels and deals with Groupon Now

Roughly six months ago, Nokia announced a partnership with Groupon that would incorporate deals into its Nokia Maps apps for Nokia Lumia phones. Today, Nokia released a new version of Nokia Maps (2.5) that surfaces Groupon Now deals.

Groupon Now is the segment of Groupon's collective couponing company that advertises local, extremely limited-time offers. The integration with Nokia Maps uses GPS coordinates to surface nearby Groupon Now deals and help navigate you to them via car, foot, or public transport, in a single app. Nokia says you can also redeem the coupons using Nokia Maps.

In addition to … Read more

Groupon sued for patent infringement

Groupon was slapped with a lawsuit accusing it of illegally using peer-to-peer advertising company by little-known Blue Calypso.

Blue Calypso said today in a statement that Groupon is infringing on two patents related to its digital word-of-mouth marketing business.

"As companies try to monetize their social media connections, they are rapidly moving into our technological area of expertise and it is imperative that we protect and secure what we have built," Blue Calypso CEO Bill Ogle said in the statement.

CNET contacted Groupon for comment, and we'll update the story when we get a response.

The frequency … Read more

Does Groupon have good deals on tech?

I like Groupon. Oh, who am I kidding, I love Groupon. LivingSocial, too. And even DealChicken, despite it having the name DealChicken.

I've used these services to score some pretty fantastic deals on restaurants, vacations, fun family outings, and the like.

Recently, Groupon, Google Offers, and LivingSocial (among others) have started offering goods along with services, some of which are tech items.

Ah, but are those goods good deals? Given the often-substantial savings you get on three-course Italian dinners and gallery-wrapped photos canvases, you might just blindly assume that Groupon's tech discounts are equally substantial. (Call it the … Read more

LivingSocial expands into merchandise deals

LivingSocial said today it has branched into merchandise, a move that comes as the online daily-deal company tries to keep pace with sector leader Groupon.

Up to now, most of LivingSocial's bargains have been connected to restaurant meals, weekend trips and spa services. From now on, customers can visit the site to buy discounted merchandise. This is the company's first attempt at selling physical products.

The company, based in Washington D.C., is kicking off the offering with a day at the beach theme, offering such goods as tent gazebos, beach toys and towels.

Groupon already sells merchandise, … Read more

Groupon shares continue their downward trend, hit all-time low

Daily-deals provider Groupon has watched its shares plummet as the weak European market scares investors away.

The company's shares hit an all-time low yesterday of $7.72 before eventually climbing back to end the day at $7.77. According to analysts, who spoke with Reuters recently, Groupon derives a large portion of its revenue from Europe, and continued softness in that market is driving many investors away.

Groupon went public last year at $20 per share. Soon after, the company's shares fell. However, they rebounded earlier this year, making some wonder if the worst was behind it. Since … Read more

Good deal: Groupon opens first physical store

E-commerce just dropped the letter "e," with Groupon setting up its first retail store in the heart of Singapore.

The store is an avenue for shoppers to redeem their purchased goods instantly, Groupon Singapore CEO Karl Chong told CNET Asia during the official launch. It's also a way for the company to get to know its customers.

The shop has three computer terminals, as well as a handful of Apple iPads, where customers can browse, buy, and print deals on the spot. However, only physical goods can be redeemed at the store in the Suntec City Mall. … Read more

Buy Groupons from your phone

With the Groupon app for Android, you can not only sift through local daily deals, but you can also manage your profile, keep track of Groupons you've already purchased, and sift through rewards from some of your favorite retailers.

If you've used Groupon.com at all, the Android app should feel familiar. The look is the same, the deal categories are all there, and purchasing Groupons is just as simple. The difference, of course, is in the swiping and the ease with which you can zip around.

The app starts you off with a list of featured deals … Read more

Groupon charges $1,000 to name your baby for you

Father's Day is coming up on Sunday. What's the ultimate gift for a dad who has a little one on the way? Relieve him of the burden of the baby name selection process, provided mom is willing to go along.

The mechanism for achieving this comes from the unlikely source of Groupon. The self-proclaimed "World's Foremost Authority in Baby Naming" will name your baby Clembough. Yep, Clembough. Boy or girl, it doesn't matter. Clembough is what you're getting.

Even better, this deal costs $1,000. Groupon isn't paying you for naming rights, you are paying it for the name Clembough. Let's savor that for a moment. It doesn't really roll off the tongue. It could be pronounced Clem-baw or Clem-bow. Maybe it's a combination of Clem Burke (drummer for Blondie) and "bough," the word for a tree limb.… Read more

Groupon shares tank as insiders dump stock

Groupon shares dropped nearly 9 percent Friday as insiders took their first opportunity to cash in on their stock.

Groupon shares fell 8.7 percent to $9.72 in early trading on Friday. The company went public in November at $20.

The decline is largely attributed to the expiration of the insider lockup agreement, or the period after an initial public offering when insiders are unable to sell their stock. That expired on Friday, allowing insiders to freely cash out, the Chicago Tribune pointed out.

Today's sell-off represents a cautionary tale for Facebook, which just went public last month … Read more