News Byte

Social-Shopping Website OpenSky Relaunches as Full-Fledged Online Marketplace

OpenSky, the two-year-old e-commerce site that took a stab at social shopping by allowing members to follow celebrity and expert curators, has relaunched as a full-fledged marketplace for small businesses. Merchants can open up their own “stores” on the site for free, and can sell to OpenSky’s 2.5 million members, with OpenSky taking a commission on items sold — like Etsy, but with a social twist, more established sellers and a much smaller community of shoppers. Items listed range from cosmetics to clothing to kitchen supplies. OpenSky is based in New York and has raised nearly $50 million in venture capital funding to date.

Facebook Earnings, Part Deux: What to Expect When the Street Is Expecting

Round two for the social giant’s quarterly numbers.
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Why Groupon’s Shares Fell 20 Percent, Even Though Profits Are Up

Groupon shareholders are worried about the deal company’s growth prospects after seeing some disturbing trends in its core coupons business.
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Macy’s Using Shopkick Mobile Rewards App Nationwide

A less expensive installation solution allows Shopkick to place its transmitters in existing retail speaker systems.
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LivingSocial Launches E-Commerce, a Business Worth $200 Million a Year

LivingSocial, which is partially owned by Amazon, has officially started selling physical products.
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Beauty-in-a-Box Company Birchbox Will Ship Lifestyle and Tech Products for Men

What’s in the box, you ask?
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A Transformed Fairchild Returns to Silicon Valley

Fairchild Semiconductor, a major force in giving Silicon Valley its name, has endured an exile of sorts in Maine since 1997. Now the chip maker has returned to its home turf, with a product line that has changed dramatically.

Google’s Eric Schmidt Shows Off Movie Studio, a Tablet Video-Editing App

Speaking at Mobile World Congress, the Google executive says that contrary to critics, devices are actually improving human connections. His talk is just getting started. Click here for live coverage from Mobilized’s Ina Fried.

New App Helps You Decide Whether to Buy or Walk Out Empty-Handed

SearchReviews is launching an application today that provides customer reviews on the go, by aggregating more than 36 million customer reviews from more than 1,000 sites around the Web.

HP Oldsmobiles the Palm Brand

Quick Takes on webOS

You Forgot "Think Different," HP