Groupon Raises $950 Million


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

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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit


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