LivingSocial was once among the toast of the startup world, shooting revenue past $500 million and stirring up talk of an IPO with a $15 billion market cap. Now, however, Amazon is downgrading its investment in almost a third of the daily deals site to zero. And the company, currently without a CEO, is cutting failed business lines as it tries to right-size itself after a big divestiture.
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TheStreet (July 15, 2014) 2013 was a record year for data breaches in New York, at least according to a report from the New York State Attorney General's office. Public and private institutions in New York experienced more ... watch video
TheStreet (June 5, 2014) Amazon announced it will launch a new product on June 18th in Seattle. The online retail giant teased the market with a Twitter photo of a shiny black device with the Amazon logo. A launch video ... watch video
TheStreet (July 3, 2014) Amazon said it was prepared to take the Federal Trade Commission to court in defense of allegations it had failed to prevent unauthorized transactions by children on its tablets. Amazon said it would ... watch video
Newsy (Mar. 14, 2014) Blog Zatz Not Funny leaked images of an Amazon-branded controller, essentially confirming the rumors that Amazon will release a set-top box soon.
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Newsy (Apr. 15, 2014) BGR has leaked images of what could be Amazon's smartphone. The outlet's been right about Amazon leaks before. Sources expect an announcement in June.
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Sep. 27, 2016 In order to properly decide if an upgrade is worth the cost, consumers should compare the new product with what they already own. But new research shows there‘s a wide gap between what buyers ... read more
Sep. 27, 2016 Using laser light, a team of scientists has developed a precise, continuous control technology giving 60 times more success than previous efforts in sustaining the lifetime of “qubits,” the unit ... read more
Sep. 26, 2016 To determine how the universe's heavy elements -- gold, silver and many others -- came about, a team of international researchers is studying both the largest and smallest things known to us -- stars ... read more
Sep. 26, 2016 Researchers have found a way to boost the speed of computer applications by more than 9 percent. The improvement results from techniques that allow computer processors to retrieve data more ... read more
Sep. 21, 2016 Statisticians are developing new ways to interpret the unprecedented amounts of data being generated continuously all around us. Whether it is smart phones packed full of sensors measuring your ... read more
Sep. 23, 2016 For children with speech and language disorders, early-childhood intervention can make a great difference in their later academic and social success. But many such children ... read more
Apr. 7, 2016 Researchers developed a theoretical model that considers the strategic interaction between a daily deal website, a merchant and consumers. They found that by providing sales information, daily deal ... read more
Apr. 4, 2016 Conventional wisdom in strategy holds that companies need to choose between cost-cutting or revenue growth. Pursuing both strategies at the same time can result in incoherence -- or getting stuck in ... read more
Feb. 2, 2015 Online-selling pioneer Amazon.com has utilized three individual business models, by means of which it engages in productive cooperation with its competitors. By harnessing its competitors within its ... read more
May 22, 2012 While daily deal websites and flash sale websites offer a service or product at a discount to bring in new consumers and incentivize them to return, consumers are not coming back after the initial ... read more