modopayments | Street Fight

Street Fight Daily: 08.30.11

David Hirschman

Street Fight Daily: 08.30.11

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

Local reviews network Yelp is preparing to cut staff and “scale back” its one-year-old Yelp Deals service. About 15 sales staff currently working on the Deals service are getting redeployed to other parts of the organization; another 15 will remain working on the service, and the number of offers sent to users is “unlikely to grow.” (PaidContent)…

By 2015, small and medium-sized businesses will spend only 30% of their marketing budgets on traditional media with the rest going to digital and online media, according to BIA/Kelsey. (NetNewsCheck)…