refunds

The cloud: where your games go to die?

For consumers, the cloud’s appeal is hard-to-resist.

From music to documents to applications, and everything in between, the ability to access our ‘stuff’ anywhere we go on any device is an extremely attractive proposition.

Until it isn’t.

Has reality finally caught up with Groupon and the daily deal?

Questions over the long-term viability of the daily deal model and Groupon’s finances emerged well before the company went public.

But these questions didn’t stop the company from debuting in what was one of the biggest technology IPOs since the first .com boom. Apparently hungry for tech IPOs, Groupon shares popped 31% on their opening day.