Street Fight Daily: Highlight Updates, Groupon Crushing It, Tippr Layoffs
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
Hot Location-based Networking App Highlight Gets Even More Useful (TNW)
Highlight’s new timeline provides a bit more detail by not just telling you who you’ve crossed paths with recently, but in real-time. The timestamp above the map will say “now” if someone is still around, making it easier to make those serendipitous introductions.
Chart: Groupon Is Crushing Its Closest Rival (Business Insider)
Groupon is still the dominant daily deals company by a long shot, says analytics company Forsee. It surveyed 10,000 visitors to the top 40 retail sites to find out if they use Daily Deal sites, and if so, which ones. Of those that subscribe to daily deals, 50% bought a Groupon in the last 90 days versus 25% for LivingSocial.
Daily Deal Site Tippr Lays Off 25 staffers, Restructures Sales (GeekWire)
Tippr, the daily deal technology services startup led by Seattle entrepreneur Martin Tobias, laid off 25 employees today as part of a restructuring of the sales organization, GeekWire has learned. The Seattle company now employs about 45 people, yet still has about 10 open positions.
Zaarly Celebrates Its Birthday With A New Reputation System (TechCrunch)
Zaarly is launching version 2.0 of its “reverse Craigslist,” where people can ask for everything from a beer to help with data entry. The biggest change is that the buying and selling process is no longer anonymous. Instead, users can now create profiles on the site, and they decide when to expose them.
DMN, Local Edge Bow Digital Marketing Effort (NetNewsCheck)
DMNmedia, the marketing solutions group for The Dallas Morning News, has created a new division, 508 Digital, for the venture, which will resell LocalEdge’s suite of digital marketing solutions to SMBs in the Dallas-Fort Worth market.
AT&T Is Said to Hold Talks With Cerberus on Sale of Its Yellow Pages Stake (Bloomberg)
AT&T Inc. is in talks to sell a majority stake in its Yellow Pages unit to Cerberus Capital Management LP in a transaction that values the entire business at about $1.5 billion, said two people familiar with the matter. AT&T would retain a substantial minority stake in the division, and a deal could be reached this month, said the people,
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