According to Reuters.com, Coupons.com has just raised “$200 million from institutional investors, underscoring the tremendous investor appetite for businesses that help consumers find bargains using the Internet.” “That amount of cash places…
Category: Internet News
WSJ: Groupon.com Files For IPO
According to the Wall Street Journal, Groupon Inc. filed today to go public today. Morgan Stanley, Goldman Sachs Group Inc. and Credit Suisse are the lead underwriters for the IPO Groupon posted…
Iran To Create Its Own Internet: Is the Beginning of the End of The World Wide Web?
According to a story in the Wall Street Journal, (sub req.) the country of Iran is planning on creating its own state run Internet service within the next 2 years. Iran’s telecommunications…
CafeMom Launches Mom.com As A Daily Deals Site
According to a press release, CafeMom has launched Mom.com, as a daily deals website. “The free shopping service, launched nationally and in an initial test market, offers families deals of 50% off…
YNOT To Start Site For Sale Of Adult Websites: YNOTMarket.com
According to AVN.com, YNOT Group LLC announced today it plans to launch YNOTMarket.com, in June which “will be a full featured adult website virtual marketplace designed to help both buyers and sellers…
California Bill Seeks To Regulate Social Networking Sites With Fines Up to $10K Per Violation
California state senator Ellen Corbett proposed an amended version of the Social Networking Privacy Act (SB 242). The Bill would require social networking websites to design by default, privacy settings that prevent…
Shares Of Linked In More than Double In 1st Hour of Trading
Shares of Linked in, more than doubled from its IPO price of $40 and started trading at $83 a share. Currently shares are trading at $92 a share. Linked in is one…