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Microsoft’s revamped search engine shows promise — if users can adapt.
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Tricia Duryee
iSwifter’s New App Brings All Flash-Based Facebook Games to the iPad
While Facebook is slowly working out the kinks to bring more games to mobile, there’s a small company in Menlo Park, Calif., that has beat them to it.
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Exclusive: Groupon Hires Amazonian as VP of Engineering, Opens Seattle Office
The Chicago-based daily deals company expects to announce the appointment of Vinayak Hegde as VP of engineering later this afternoon.
Trouble in Paradise: Jetsetter’s Founder and CEO Steps Down
Drew Patterson has stepped down as founder and CEO of Jetsetter, the high-end luxury discount sales travel site owned by Gilt Groupe.
PayPal to Unveil Newest Retail Partners for In-Store Payments Next Week
PayPal is hosting a media event next week where it will unveil the next batch of mega-retailers that are adopting the company’s online payment network at the register.
After Strong Quarter, Groupon Starts Looking Like a Deal Again
Even though Groupon continues to carry the warning that its financial processes are weak, a handful of analysts upgraded the company to a buy rating today, and investors sent the stock climbing.
News Byte
Online Retro Clothing Shop ModCloth Closes $25 Million in Funding
ModCloth, an online retailer focused on retro-looking woman’s apparel, has raised $25 million in funding. The round was led by Norwest Venture Partners, with Accel Partners also participating. The capital will help expand the site’s “Be the Buyer” program, which allows customers to vote on items they’d like to see produced. The San Francisco-based company, which was founded by high school sweethearts Eric Koger and Susan Gregg Koger, has 300 employees.Farms Begin to Wither as Strategy and Combat Drive Social Gaming
According to SuperData, strategy and combat games are starting to perform better than traditional farming games.
Google Offers Start Appearing on Maps, Coming to More Properties Soon
Google has integrated Groupon-like offers into Google Maps, and it’s not stopping there. Expect to see deals on other Google properties with a strong location, social or commerce component soon.
Starbucks’ Schultz: Don’t Read Anything Into Exit From Groupon Board
Starbucks Chairman and CEO Howard Schultz said today on CNBC that he has confidence in both Groupon’s board and CEO, even after stepping down from the board after 19 months.
News Byte
Jumio Receives Undisclosed Investment From Citi Ventures
Jumio, which uses a Webcam to verify identity or scan credit cards, raised $25.5 million in March. The second round was led by Andreessen Horowitz. Today, Jumio announced that it topped off that round with an undisclosed sum from Citi Ventures. To date, the company has raised $35.4 million.Groupon’s Low-Key Rewards Program Now Available Nationwide
Groupon is rolling out a program nationwide today that lets merchants reward loyal customers without the hassle of punch cards or other mobile applications.
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