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Street Fight Daily: 08.11.11

David Hirschman

Street Fight Daily: 08.11.11

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

Groupon is spending considerable money to acquire subscribers, but those subscribers are buying less Groupons. Groupon is also spending considerable money to acquire merchants but are making less revenue per merchant. That’s not good. (Yipit Blog)…

According to a new survey, it’s not location-relevant advertising that is most valued by mobile consumers; it’s mobile ads that are personalized to a users’ tastes. (Paid Content)…