Tech wrap: Groupon rethinks IPO

September 6, 2011

Groupon called off an IPO roadshow slated for next week because of market volatility, the Wall Street Journal reported. The Internet coupons site is reassessing the timing for an offering on a week-by-week basis, the newspaper added, citing an unidentified source. Some on Wall Street have questioned Groupon’s financial disclosures, while others are concerned the company’s rapid growth is starting to slow in North America. Groupon CEO Andrew Mason sent a memo to employees recently that was widely reported in the media, in which he blasted critics in the press and on Wall Street.

Blue Sky for Baidu?

March 24, 2009

The dreams of Internet moonshot stocks have not disappeared amid the global economic slowdown.

AP tries to help grumpy, cash-strapped members

October 24, 2008

More cracks are appearing in the newspaper industry. Things have become so tough that the Associated Press has agreed to slash $9 million from its membership fees. With newspaper’s reeling from depressed advertising revenue, they are looking to save money wherever they can, and have been clamoring for a break from the AP.