Popular group buying site Groupon announced raising $950 million in its most recent round of financing. The nearly billion dollars comes after rejecting a $6 billion offer from Google. Groupon has of over 50 million subscribers and connections with over 58,000 local businesses making them a hot commodity for local advertising. Read the full article at businesswire.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.