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.
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...
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.
Groupon has always been a deals company. But it is moving into a different, more traditional deals business: The supermarket.That much was made clear on Thursday when the company unveiled Snap, a new app specifically for giving customers cash back when they buy certain items at the grocery store.Instead of clipping coupons and bringing them to the store, Snap asks shoppers to upload photos of their receipts after they’ve gone to the supermarket to buy groceries. Certain items — likely from brands with which Groupon has secured deals — are eligible for discounts, which shoppers receive in the form of a cash-back deal.After building up $20 or more in savings, Snap users are cut a check from Groupon, which they can receive in the mail.
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,.
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.
I am the proud father of three, 3, 9, and 12. I recently upgraded from the Samsung Galaxy S3 to the Sony Xperia Z. Having so many kids warranted a change of pace. Let me tell you, it is mind blowing. I love Android, I love tech and I love my family. Not in that order though.
Today’s gadget deal is for an ultra sleek backup battery that is only .25 thick. The Flexion is small enough to fit in your wallet and features a 2500mAh Li-Polymer battery and a micro USB cable that also comes with a Lightning cable adapter so that it can be used to charge your iPhone or iPad Air. For the coupon code that brings the price of this battery down to only $14.
Twitter has done an deal with ad agency holding company Omnicom that will bring it $230 million in revenue over the next two years according to the Wall Street Journal . The deal is an indicator that advertisers are really starting to take Twitter seriously as a big media vendor. It is reminiscent of a previous deal Twitter struck last April with Publicis, another ad agency group.
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.
Apple is in negotiations to buy Beats Electronics in a $3.2 billion deal, according to The Financial Times . Reporters from Bloomberg, The New York Times, The Wall Street Journal, and other outlets have all backed up the story. The deal could be announced next week, the report says. Apple's stock was basically flat in after-hours trading.
For a taste of what you can expect in December, check out theFrom Pepsi to Apple, John Sculley has done it all. His latest venture is Obi Mobiles, a new technology company that will offer midrange smartphones in India.
Three weeks ago, ESPN columnist/talking head/editor/producer/podcaster Bill Simmons was suspended after calling the commissioner of the NFL a liar and challenging his bosses to do something about it. This prompted us to ask sources around the sports-media industry what they made of the situation.
In the relatively short existence of the Internet, Tim Armstrong managed to launch IDG’s first Internet Magazine and then help Google go public, largely on the success of the advertising juggernaut he helped build . Now he serves on the board at Priceline and heads up a leading global digital media company, AOL .
Look, it was no surprise that GoPro has beenplanning to go publicfor a while now -- it said as much back in February. Things are finally getting officially official, though: the company just filed its S-1 with the Securities and Exchange Commission, so you can expect to see the ticker symbol GPRO on NASDAQ in due course.
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 .Gross merchandise volume (GMV) of items sold via the eBay Marketplace grew 12% year-over-year to $20.