Take That! Groupon Fires Back at LivingSocial With Discounted Barnes & Noble Gift Card

Not to be outdone by LivingSocial, which darn near caused a riot when it announced it was offering $20 gift cards to Amazon.com for only $10, Groupon has a deal of its own–with Amazon’s competitor, Barnes & Noble, no less! For the next three days, it is offering $20 gift cards for 10 bucks for most items available in the bookstore. But watch out–the expiration date is only two months away. By afternoon, Groupon had sold 2,412–far fewer than the 1.25 million LivingSocial ended up selling in just over 24 hours.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work