Alistair Barr – Page 5

Groupon fires CEO, Mason admits “failure” in candid memo

August 24, 2021 at 12:11 a.m.

SAN FRANCISCO (Reuters) - Groupon Inc fired Andrew Mason as chief executive officer on Thursday, ousting a co-founder who captured headlines with his quirky style but failed to reverse a...

Groupon shares crumple after dismal outlook, take-rate cut

August 24, 2021 at 12:05 a.m.

SAN FRANCISCO (Reuters) - Groupon Inc lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily...

PayPal co-founder Levchin launches new mobile payment start-up

August 23, 2021 at 11:59 p.m.

SAN FRANCISCO (Reuters) - Max Levchin, co-founder of online payment giant PayPal, launched a rival business on Tuesday called Affirm that will compete in the crowded but fast-growing mobile payments...

LivingSocial investors take “pound of flesh” in financing

August 23, 2021 at 11:49 p.m.

SAN FRANCISCO (Reuters) - LivingSocial was forced to make large concessions to persuade some of its biggest investors to plow another $110 million into the second-largest daily-deal company, analysts and...

Amazon shares climb on Kindle e-book optimism

August 23, 2021 at 11:13 p.m.

SAN FRANCISCO (Reuters) - Amazon.com Inc shares climbed more than 4 percent on Tuesday after an analyst note fueled optimism about the company's Kindle e-book business. The e-book market is...

Ad technology firm Rocket Fuel selects IPO underwriters: sources

August 23, 2021 at 11:13 p.m.

(Reuters) - Ad technology company Rocket Fuel has selected Credit Suisse and Citigroup to lead its planned public offering, according to two sources familiar with the matter. An IPO could...

Seamless to top $100 million in revenue this year: CEO

August 23, 2021 at 11:16 p.m.

SAN FRANCISCO (Reuters) - Seamless will generate more than $100 million in revenue this year as the online food ordering service expands in new cities and benefits from a surge...

Amazon unveils exclusive ‘Downton Abbey’ deal with PBS

August 23, 2021 at 10:30 p.m.

SAN FRANCISCO (Reuters) - Amazon.com Inc said on Friday that it struck an exclusive deal to distribute seasons of the hit TV show "Downton Abbey" to members of its subscription-based...

Amazon shares set record after strong quarterly profit

August 23, 2021 at 10:14 p.m.

SAN FRANCISCO (Reuters) - Amazon.com Inc shares hit a record on Tuesday after it reported better-than-expected quarterly profit, fueled by the growth of higher-margin businesses during the fiercely competitive holiday...

Amazon buys text-to-speech software company Ivona

August 23, 2021 at 9:56 p.m.

SAN FRANCISCO (Reuters) - Amazon.com Inc said on Thursday it acquired text-to-speech technology company Ivona Software, a sign that the world's largest Internet retailer may be looking to develop more...

All Stories