Street Fight Daily: 11.04.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

The Deal Is On! Groupon Gets $700 Million IPO (PaidContent)
Groupon this week has confirmed itself as the biggest daily deals site of them all, not just in terms of users but value, as it raised $700 million in its IPO — the biggest in tech since Google — valuing the company at around $12.8 billion…

Yahoo Livestand and Local News Aggregation (Nieman Lab)
Ken Doctor: Local should be a green field for the tablet news aggregators. While the big national and global news sites have established powerful app platforms, most local news publishers are way behind the curve, and falling farther behind every day…