Friday, November 30, 2012

Around The Net

  • LivingSocial To Cut StaffWashington Business Journal

    Throwing more cold water on what was once a white-hot daily deal space, LivingSocial is reportedly ready to cut about 10% of its workforce, or as many 400 jobs. “For the 5-year-old social commerce company, the long-rumored layoffs reflect a struggle to stabilize itself financially after a frenzied headcount expansion in 2011,” the Washington Business Journal reports. “The layoff shouldn’t come as much of a surprise following Amazon’s third-quarter earnings report, which blamed its $169 million loss on its stake in LivingSocial,” writes Mashable. “Amazon invested $175 million in the daily deal site two years ago.” “The daily deals world ... ...Read the whole story

  • Facebook Policy Changes Concern Irish Watchdog Computer Business Review

    Several privacy watchdogs, including the Office of the Irish Data Protection Commissioner, question the social network's planned changes to user privacy. Concern from privacy watchdogs comes after Facebook announced its decision to revoke member rights to vote on privacy policies. Previously, Facebook users were able to give feedback and influence changes that Facebook made to the site. However, the company said in a statement that this voting system "incentivised the quantity of comments over their quality." ...Read the whole story

  • Will Social Help Sales This Christmas? USA Today

    Retailers may have hit record sales over the shopping weekend from Thanksgiving through Cyber Monday, but the impact of social media campaigns many of them invested in is less certain. Offerpop, which helps retailers including Amazon, Sears and Walmart run social-marketing campaigns, says it saw a 40% increase in social-media campaigns by its clients for the Black Friday shopping weekend compared with last year. But social was less than 1% of online traffic and sales on Black Friday, according to IBM Smarter Commerce, which tracks sales for 500 of the top retail sites. And that's down from last year. ...Read the whole story

  • Leveson Overlooks Social Media, Blogs PaidContent.org

    The UK's big inquiry in to the culture, practice and ethics of the "press" has recommended a new body to better self-regulate news media - but has overlooked blogs and social networks because they are neither popular nor newsy enough. The result leaves large mainstream newspaper publishers, which are in decline, the focus of the proposed new standards enforcer - but appears to leave untouched the growing wave of online-only outlets that inquiry chair Lord Justice Leveson nevertheless believes often operate to even lower standards than newspapers. ...Read the whole story

Thankful For Time Spent Together All Year Long

While we cherish the approaching holiday season as the time of year to spend quality time with friends and family, busy moms treasure special moments of family togetherness each and every day. Visualizing today's moms, the ...More