LivingSocial Hires John Bax to Manage All Its Money

LivingSocial has added to its executive ranks after raising a $183 million round of capital led by John Bax will serve as CFO of the Washington, D.C.-based daily deals site after most recently working as CFO of RecycleBank, a merchant-funded rewards program. He also previously served as VP of planning and analysis for Wal-Mart stores and CFO of

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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google