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Street Fight Daily: 10.25.11

David Hirschman

Street Fight Daily: 10.25.11

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

Hyperlocal task/errand site Zaarly has announced that it raised $14.1 million in financing, and that the company is gaining Meg Whitman as a board member. The site works by letting people post requests for an item or service, and then lets other people, businesses and companies bid to fulfill those needs. (New York Times/Bits)…

Stocks columnist Herb Greenberg looks at Groupon’s numbers, determining that the company is “technically insolvent.” (CNBC)…