Shelly Palmer Radio Report – March 15, 2011

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Facebook is planning a service that will challenge group-buying sites like The program is part of Facebook Deals where users can share discounted offers from solicited retailers. The online coupon market made nearly $900 million last year and Facebook hopes to cash-in on the success. In other news, the recent earthquake in Japan has damaged the large underwater cables that provide Internet access to Asia. Half the cables are damaged, but the system between Japan and the U.S. remains unscathed. Damage to undersea fiber-optic cables is an out-of-sight problem much larger than most realize. And finally, AT&T is going to put a 150GB data cap on its DSL customers. It will cost $10 for each 50GB over the cap and is designed to affect the 2% of data-hogging customers. The cap is to ease bandwidth congestion, but some analysts think it’s purely a move for more profit.

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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