Street Fight Daily: 01.11.12
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
Will Groupon’s Deal With Deutsche Telekom Be A Winning Template For Growth? (PaidContent)
Deutsche Telekom, owner of T-Mobile, and Groupon said they would collaborate to offer Groupon’s local deals to Deutsche Telekom’s subscriber base across Europe. It represents the first carrier deal for Groupon, and a big step for T-Mobile in how it hopes to use its network for more mobile data and mobile commerce activities.
Rumor: Layoffs and Restructuring at Gilt Groupe as New Verticals Fail to Deliver Growth (BetaBeat)
A second source familiar with the company said that the layoffs would happen today and might be as high as 170 employees. The accounts vary, but both sources also point to restructuring within the company. One rumor is that Gilt City and Jetsetter, which overlap in the high-end travel market, will merge.
Will Patch’s Fate Foretell the Future of Local Online News? Hardly (Knight Digital Media Center)
Michele McLellan: 2012 may be the year that the other shoe drops at Patch – reports suggest AOL’s chain of some 800 local online news sites is under pressure. But if Patch does disappear, don’t take that as evidence that local online news isn’t a viable business. Here are four reasons why.
With The Clicky Value-Wheel, Groupon Puts The “No” In Innovation (TechCrunch)
Robin Wauters: You can say a lot of things about Groupon, but not that they lack a great sense of humor over there. A new invention called “Clicky, the Clickable Value-Wheel” from the company invites players to sign in with their Facebook account and then spin the wheel to potentially score a discount on select Groupons ($5, $10, $50 or $100).
What’s Next for ‘Rate Everything’ App Oink? (The Next Web)
Chris Hutchins, the head of Oink’s business, talks about the company’s integration with Foursquare, the Oink’s business models, plans to raise money, and focusing on “the inside”.