WhaleShark Media, which owns and runs a number of online coupon and deal sites, announced today it has raised $150 million from JP Morgan and Institutional Venture Partners.
The company facilitated $1.7 billion worth of sales in 2011. Its sites attract 300 million visitors annually.
WhaleShark Media sites have both Groupon-style deals and discount codes for websites.
Barely a week since successfully completing sea trials after a three year hiatus, the venerable research sub Alvin is already earning back the $42 million in hardware upgrades and engineering retrofits it's received—showing off its spaciou
The HAV304 took the crown of “world's longest aircraft” with its inaugural flight today. The gargantuan spans a football field and towers just over two stories in height, owing its construction to pure metal. It sacrifices little in being the world's longest, as it still reaches 100 mph, which is triple that of the dwarfish Goodyear blimp.
Business Insider is expanding in the U.K.! We're opening a newsroom in London this summer, with a focus on finance, tech and politics. We are hiring at all levels, from an editor-in-chief to editors, reporters and paid interns. Successful candidates will get a rare opportunity to be the founding BI U.K. employees tasked with building an exciting new brand from the ground up.
When you travel the world, having a few drinks with your hosts is a great way to get a sense of the local culture. But excessive alcohol consumption can cause physiological consequences . Don't worry—a hangover is universal, and your new friends probably already know a way to cope with it.Read more...
Welcome to our new Payments Insider newsletter, a morning email with the top news and analysis on the digital payments industry, produced by BI Intelligence UPGRADING TO CHIP AND PIN CARDS CARRIES A HEFTY PRICE TAG FOR TARGET. Upgrading Target's systems to the EMV or "chip card" standard would cost $100 million, according to John J.
Welcome to our new E-Commerce Insider newsletter, a morning email with the top news and analysis on the e-commerce industry, produced by BI Intelligence .Click here to sign up for E-Commerce Insider today, and receive it every morning in your inbox .
Government-run postal services around the world are missing a huge opportunity to deliver more items purchased online. "… Postal services around the world are uniquely positioned to handle and deliver at low cost," says Alibaba Vice President John Spelich,.
Shares of Groupon are down 20%. Adjusted for nonrecurring items, the company earned $0.04 per share, the company said in its Thursday afternoon Q4 earnings announcement . This was stronger than the $0.02 expected by analysts. Revenue of $768.4 million smashed expectations for $718.0 million. Management's guidance was mixed.
Comcast has confirmed that it's going to buy Time Warner Cable to form a huge, tangled monster of awfulness. Hooray! You want out? Lucky for you there are some alternatives to doing business with your monopolistic cable-internet master if you try hard enough. Here are your options, and good luck making your escape. Read more...
Microsoft announced plans to lay off 18,000 people. To anyone that works at Microsoft, we'd like to know what the mood is inside the company. Please email us at email@example.com. We'll be discreet and do everything possible to protect your identity.
Business Insider is looking for an experienced Web Analytics manager to join our marketing team in New York City. This is a senior analytics role for a candidate with several years of experience in Web and marketing analytics.The ideal candidate will have:Business Insider is a fast-growing business media company that was built for the digital age.
The stealthy business security company Apprity, launched by two former Oracle employees, has raised $8 million in its first institutional financing. For its first venture round, Apprity turned to seasoned security technology investors Promod Haque, a senior managing partner at Norwest Venture Partners, and Gaurav Garg, a founding partner of Wing Ventures.
It seems like Facebook isn't the only one looking to expand lately. Yahoo is in talks to buy online-video service News Distribution Network (NDN), according to a report in The Wall Street Journal , citing anonymous sources. According to those sources, Yahoo could pay up to $300 million in the deal. NDN, a video syndication service, is the fourth-largest video site, with 573 million video views.
Call for nominations! Most of these teens are barely 18 years old, and they're doing more than many adults could ever hope to do in their lifetimes. Last year, we profiled a scientist who built a nuclear reactor in his father's garage, a swimmer who won four Olympic gold medals, and a self-taught coder who runs his own app development company.
Last month we learned that wearable device maker Basis was shopping around for a major tech firm to purchase it. The companies tipped to be in the running to buy Basis at the time included Apple and Google among others. A deal has now been announced and Intel is the winner. Last month Basis was said to be seeking about $100 million.