SEC

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.

The White House unleashes AdWords against Wall Street

Imagine for a minute that you’re the president of the United States and you’re trying to make the case against Wall Street. What’s the best way to do it? As the president, you have almost unlimited access to the traditional media, but that’s not always enough today.

So U.S. president Barack Obama, whose use of the internet arguably helped him win the presidency, isn’t relying on the mainstream media to promote his Wall Street reform agenda; he’s using Google. And he’s going straight for the jugular by bidding on topical keywords related to embattled investment bank Goldman Sachs.