SEC Asked Groupon for Financial Disclosures

The Securities and Exchange Commission this summer began pressing Groupon Inc. to disclose more details on revenue from its new business lines and on reasons behind the daily-deal site’s financial revision this spring, according to newly disclosed correspondence between the regulator and the company.

The SEC has completed its review of Groupon’s filings, the agency said in a letter dated Oct. 4 and released Friday by Groupon. The SEC letter said the regulator still can take action later against Groupon.

Read the rest of this post on the original site »

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »