Groupon has set a new date for its delayed IPO, The New York Times reported last night.
The daily-deals provider will now offer up its shares at the end of October or toward the beginning of November, The New York Times said, citing anonymous sources with knowledge of the company's plans. In addition, Groupon will kick off an investor roadshow to promote its company to banks sometime next month, according to the Times.
Groupon filed its IPO papers with the Securities and Exchange Commission in June. The company said at the time that it wanted to raise $750 million … Read more
"The Google+ Hangout DOM [document object model] has an invisible kick button (just remove its visibility style) and when you click on it, you will see a nice kick bar!," Mansour said in a Google+ post.
The feature is one of a series of tweaks to Google's social network site. More substantive changes--corporate profiles or the ability to search Google+, for example--remain in the offing. In the meantime, the dominant social network, Facebook, is changing, too.
Google has acquired more than 1,000 patents from IBM, a U.S. Patent and Trademark Office posting has revealed.
According to documents on the government organization's Web site, 1,023 patents were transferred from IBM to Google on August 17. That number could be off by one: SEO by the Sea, a blog covering the search space that first reported on the August acquisition, says that Google might have actually only received 1,022 patents, since one of the numbers "appears to be wrong."
Either way, Google has acquired a boatload of new patents covering a … Read more
From the this-should-come-as-no-surprise department: Netflix said today it underestimated how many people would be turned off by its decision to raise prices.
The Web's top video rental service said on July 25 that it expected to report 25 million overall subscribers for the third quarter after doing away with a popular hybrid subscriber plan that gave customers access to DVDs as well as the company's Internet-streaming service for $10 per month. But Netflix has now lowered those expectations to 24 million.
Netflix split DVD rental and the streaming service into separate plans, each costing $8 a month. Seeing … Read more
Twitter users tweeted this afternoon about a "rather large Internet outage" that was affecting access to the site, but an Internet traffic expert said he didn't see any major problems today.
The Internet Traffic Report showed problems for a period of time today for some routers serving North America. Specifically, three routers in Canada were registering zero response time and 100 percent packet loss, as were one in Mexico, New Hampshire, Texas, and Wisconsin. Routers in Nevada and Iowa appeared to be having less severe problems.
Representatives of the Internet Traffic Report did not respond to an e-mail seeking comment, or immediately respond to a phone message left for someone in Arizona listed as the administrator via the Whois domain lookup later today.
Bill Woodcock, research director of the Packet Clearing House, told CNET that he was not aware of any major Internet performance problems today.
"I know that there was an outage on Level 3's network in Phoenix between noon and 1 p.m. [PT]," he said. "There was certainly no general widespread outage at that time."
Level 3 provided this statement tonight: "At approximately noon PT, Level 3 experienced an isolated network issue that resulted in temporary voice and IP traffic disruptions for customers in the Phoenix area for approximately one hour. The company acted quickly to resolve the issue and service is now restored for those customers."
Meanwhile, at about 3:30 p.m. PT, Twitter's Support account said it was investigating "site availability issues some folks are experiencing." … Read more
PayPal is rolling out a new payments platform for online and local merchants that it says will give customers an improved shopping and buying experience.
The platform will include location-based offers, and will be accessible from any device (not just mobile phones), PayPal President Scott Thompson announced in a blog post today.
"PayPal is reimagining money and making it work better for merchants and consumers--whatever device you're on, wherever you are in the world, and however you prefer to pay (whether that's cash, credit, or installments)," Thompson wrote.
The eBay-owned pioneer of peer-to-peer payments gave merchants including Home Depot and Sports Authority a sneak peek at its new offerings today in Los Angeles, but it hasn't yet offered the public too many details beyond words like "seamless" and "flexibility." The PayPal graphic above does offer some hints as to what the platform will offer, though, including bar code scanning and real-time inventory availability.
We also know, thanks to AllThingsD's one-on-one briefings with PayPal execs, that merchants won't need to adopt new infrastructure or purchase new terminals to opt in to the system. Neither, apparently, will customers need to upgrade their phones. … Read more
A couple of smaller players in the digital music sector are maneuvering to keep pace in an increasingly crowded field.
Turntable.fm, a startup music service with an emphasis on sharing songs with friends, is in talks with the four major record companies about obtaining "unprecedented" streaming-license agreements, according to a report today from Bloomberg. Over at MOG, a scrappy music service that has struggled for years to build interest, announced that it would offer a limited number of songs for free--provided users are willing to work for the privilege.
With Apple expected to soon officially roll out … Read more
Looks like someone may actually still want to buy Yahoo.
Several parties, including Marc Andreessen's venture capital firm, have been in touch with Yahoo to discuss acquiring all or part of the troubled media company, according to a report by All Things Digital today.
Andreessen Horowitz is working with Silver Lake on a deal that might include Russia's DST and Yahoo's partner in Japan, Masa Son, Kara Swisher writes in her post, which cites unnamed sources inside and outside Yahoo.
"Sources familiar with the situation said the pair (Andreessen and Ben Horowitz) have become increasingly intrigued … Read more
In an effort to make it easier for YouTube users to make changes to their videos after uploading them, YouTube is rolling out a brand new video editor.
No, this isn't the standalone video editor meant for splicing together clips from multiple videos that's been available in the service's TestTube labs since last year. Instead, it's a new one designed to give users a way to do quick fixes without having to re-upload the video. It's like a retouching tool for photos, but for non-commercial video.
The idea for including an editor came out of eyeballing videos that had been uploaded to the service, YouTube product manager Jason Toff told CNET.
"We noticed a lot of the videos that were uploaded to YouTube could use some polish, some basic video editing," Toff said. "We noticed a lot of videos that had extra footage at the beginning that could have been trimmed off, or some footage at the end that could be trimmed off, a lot of videos that were really shaky and could use stabilization, and dark videos, etc."
The answer is the new tool, which lets users make both quick fixes and more substantial edits to their videos.
Wearables are largely aimed at the person who just wants to maintain a good weight, sleep enough, and maybe get in a little cardio. CNET's Brian Cooley tells you why 2014 could be the breakout year for wearable tech.