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Groupon Announces Q4 2011 Earnings
Posted February 9, 2012 by Dennis Wagner
Groupon, a daily deals company shares fell by 16% in late trading after it reported a tax related Q4 loss that analyst hadn’t forecasted in its first earrings as a public company. As per Yahoo Finance the daily deals company was expected to post earnings of 3 cents per share on revenue of $475 million in the Q4. Groupon posted a proforma net loss [...]
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GigaOm Acquires ContentNext Media
Posted February 9, 2012 by Jessica Austerlitz
ContentNext Media the parent company of the well known site paidContent.org was acquired by GigaOM, a California-based Web 2.0 technology news website. ContentNext was put up for sale since November 2011 after Guardian News & Media, its prior owners decided to dispose the brand and concentrate on expanding the capabilities of its other publication. In other words, it’s a whirlwind of corporate hand-offs [...]
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