Advertisers will spend 17.8% of online ad budgets for local this year, up from 14.9%, or $13.5 billion, according to Borrell Associates. The Benchmarking … Read the whole story
Moving further into marketing services and experimental ecommerce, eBay on Monday said it has agreed to buy GSI Commerce for about $2.4 billion in … Read the whole story
Facebook, continuing its aggressive pursuit of the ad world, in early April plans to launch Facebook Studio to "showcase best practice examples from agencies … Read the whole story
Kudos Community will unveil a twist on the daily deals concept, as it attempts to compete against established leaders Groupon and Living Social. The … Read the whole story
Newsy, the start-up behind the videocentric news app of the same name, has closed a second-round funding of $1.5 million. The Newsy app, available … Read the whole story
A federal judge has dismissed a potential class-action lawsuit against Yelp, alleging that the site "extorted" businesses by offering to highlight good reviews and … Read the whole story