Street Fight Daily: 09.01.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
If a private equity firm buys AOL and chops it up to sell off the parts — as is being rumored — Henry Blodget thinks Patch will be “toast.” (Business Insider)
“While it’s easy to get into the daily deal marketplace it’s much harder to grow and sustain a daily deal business,” says Mary Song, CEO of Yuupon. (WebProNews)
Daily-deals sites took a hit this summer, according to three online research companies. Overall visits to the sites were down 25% last week compared with the second week in June, says Web tracker Experian Hitwise. (USA Today)
Search tool Wajam is rolling out a new feature today that overlays links shared by your friends on Twitter and Facebook when you’re looking for something in a particular location. Wajam will show you who you know that lives in particular areas, what content they’ve shared concerning places there and any photos they’ve taken there. (ReadWriteWeb)
Mobile app advertising inventory is growing so fast that it could potentially absorb all of the money spent on online display ads by the end of the year. Though of course, just because there is enough mobile app ad inventory to absorb that spending doesn’t mean it will. (TechCrunch)
8coupons has gotten a facelift, with new features that include a better filtering system, deal personalization and recommendation, local, national, and online deals all in one place as well as a Daily Deals Map tailored to the user’s zip code. (Daily Deal Media)