Amazon Launches Daily Deals App, But It's Not What You Think
Amazon.com has released Amazon Deals, a free iPhone application that offers daily deals–but not the kind you may be used to. The app draws from its so-called Gold Box deals, and offers a new product, like a portable speaker system for your iPod, at a heavily discounted price. At least for now, Amazon Deals has nothing to do with Amazon’s $175 million investment in LivingSocial, which offers discounts to spas, restaurants, and other local services. Rather, the app allows customers to browse active deals and upcoming Lightning Deals and purchase immediately.