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.
raised about $15 million in VC funding plus an undisclosed private equity round.Maxymiser deal wasn't a l0w-ball offer, but a decent one, at least for the major stake owners.We're still trying to discover details on Oracle's purchase of Maxymiser earlier this week.
It has been some time since Marissa Mayer, chief executive of Yahoo, has spent big to add a promising start-up to her company’s portfolio. On Friday, she broke out the checkbook.Yahoo paid close to $200 million for Polyvore, an online social shopping and style site, according to two people briefed on the deal.
Deal of the Day, Gold Box Deals and Kindle Daily Deals."Amazon will shut down its "daily deals" site Amazon Local on December 18, 2015, according to its website . Any vouchers you have already bought won't be affected by the change, and you'll be able to purchase deals as you normally would until the shutdown date.
Hackers claim to have made good on their threat to release data they stole in a breach last month of the company behind Ashley Madison, the popular online dating website aimed at people hoping to cheat on their spouses.On Tuesday, the group of hackers who first claimed responsibility for the attack last month dumped 9.7 gigabytes worth of stolen user account and payment information online.
SoftBank, the massive multinational media and telecom conglomerate, announced on Wednesday that it had invested $1 billion in the Korean e-commerce start-up Coupang, in one of the largest private tech investments of 2015.The deal is the latest in a string of big e-commerce investments in Asian markets, including the $1.
Today, Fossil Group announced that it has entered a $260 million "definitive agreement" to acquire Misfit, the company that created the popular and versatile line of Misfit fitness trackers. The announcement comes not long after Fossil releasedits own line of Q trackers , which monitor daily activity and deliver filtered smartphone notifications to your wrist.
Deliveroo, the London meal delivery startup that works with restaurants across Europe, has announced that it has raised $70 million in new funding. The Series C funding round was led by Greenoaks Capital and Index Ventures, and Deliveroo's existing investorsAccel Partners and Hoxton Ventures also participated.
GroupM, the media investment arm of the world's largest advertising agency holding group WPP, confirmed on Wednesday that it had acquired a majority stake in independent London-based digital media agency Essence Digital.
For the first time, cable TV network Nickelodeon staged a casting call at VidCon, a convention that draws stars of YouTube and social media like Vine, Instagram, and Snapchat and their passionate followers. The Viacom-owned channel's talent search is one way traditional TV networks are recruiting internet personalities to build audiences.
Although Oracle whiffed on its fourth quarter , missing expectations on both revenue and profits in the quarter that is traditionally its strongest, Oracle's management was upbeat, almost deliriously so. "We are delighted with this quarter," one of Oracle's CEOs, Safra Catz said on a quarterly conference call with analysts.
Uber has picked up another strategic investor.The ride-sharing company has raised roughly $100 million in financing from the Tata Opportunities Fund, an Indian private-equity firm owned by the Tata Group, the Indian conglomerate, according to a person with direct knowledge of the matter. The investment is meant to help Uber expand its business in India, one of the world’s biggest markets.
Protesters gathered outside New York Attorney General Eric Schneiderman’s office to challenge his recent ruling that daily fantasy sports constitute illegal gambling in New York state.Led by FanDuel co-founder Tom Griffiths and other industry employees, about a hundred gathered before 8am for what’s been dubbed the “Fantasy Sports for All” coalition.
By the sixth minute of the United States’ victory over Japan in the Women’s World Cup final on Sunday, after midfielder Carli Lloyd scored her second goal, sales of “World Champions” T-shirts and other championship merchandise on Fanatics, the online retailer, had started surging.
SPOO, Finland — Tucked away down a corridor at Nokia’s headquarters here is a reminder of its 150-year history. A colorful display traces its transformation from a maker of rubber boots in the 19th century to the world’s largest manufacturer of cellphones, whose market capitalization once peaked at almost $250 billion.Those high-flying days, though, are long gone.
Stripe , the hot Silicon Valley payments startup and Y Combinator alum, has taken in a round of funding led by Visa that values the company at $5 billion. The news was reported earlier by Re/code and the New York Times .
Children throughout the United States are heading back to school and many of them — some for the first time — will be using a range of online learning tools. Unfortunately, it is not always clear what the companies providing those tools are allowed to do with the information they glean from students.
a lot of new content Hulu has been adding a lot of new content on its site lately. Just recently, it signed a $160 million deal for the rights to Seinfeld, while it made content deals with FX and AMC as well.It's also expanded into producing original series like "Difficult People.
The head of the Tor Project has accused the FBI of paying Carnegie Mellon computer security researchers at least $1 million to de-anonymize Tor users and reveal their IP addresses as part of a large criminal investigation. Neither Carnegie Mellon officials nor the FBI immediately responded to Ars' request for comment.