Groupon forks out millions to settle patent dispute with IBM
Online marketplace Groupon says it will pay US$57 million to IBM to settle an intellectual property dispute.
Online marketplace Groupon says it will pay US$57 million to IBM to settle an intellectual property dispute.
A lawyer for discount e-commerce company Groupon this week told a court in Delaware that International Business Machines Corp has shaken down practically every large tech firm for patent fees.
Groupon has dropped trademark applications that sought to use the "Gnome" name for a point-of-sale tablet it released in May, clashing with the open-source software group of the same name.
The Gnome Foundation is claiming Groupon has infringed on its trademark and is seeking financial and community support to finance its fight.
In the six weeks since its release, iOS 8's app crash rate has declined more than 25 per cent as app developers have adjusted to new APIs and issued updates, an app performance management developer said today.
Though earnings from some tech vendors brightened up a week of tepid market reports, shares of IT companies broadly declined Friday along with the rest of the market.
While mobile payments transform financial life in many less developed countries, retailers and payment providers in the U.S. and Europe are still trying to find the right incentives to drive adoption.
The Australian Communications and Media Authority (ACMA) has issued a group buying website Groupon a formal warning for sending e-newsletters to consumers without their consent.
Groupon has acquired MashLogic, a company based in California that makes a simple tool called Britely to capture and collate bits of information from web pages.
China's group buying market continues to shrink, with the number of players in operation declining by close to 1,000 sites over the past year.
Zynga's Mark Pincus made the annual "Worst CEOs" list compiled by Dartmouth College professor Sydney Finkelstein, which also nearly included Mark Zuckerberg of Facebook and Andrew Mason of Groupon.
Zynga's initial public offering Friday, a raft of acquisition announcements this week from IBM, Salesforce and others, and some upbeat reports on the chip and hardware sector are putting a positive spin on year-end news for the tech sector.
This is the last Grok of the year, and frankly your mind is most likely elsewhere, probably on a banana lounge somewhere, sipping a daiquiri. So instead, let's end with a selection of easy to digest vignettes.
Who remembers Groupon? Yep, that's right. The shooting star of dotcom 2.0 IPO and the biggest dotcom stock market blazer since Google has already crashed and burned on the markets.
Yelp, a local business reviews site, filed Thursday with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of up to US$100 million.