Groupon News Today brings more competition, as the big guys take their own shot at the daily deal model. Facebook is teaming up with American Express, and AT&T has jumped on board too. Meanwhile Marketwatch compared Groupon and Zynga as longer-term investments, and found a marginal winner in Zynga.
Facebook and AmEx collaborate to offer daily deals – and unlike Groupon and LivingSocial, cardholders don’t have to pay up front to get the Amex deals. (Washington Post).
AT&T is joining the fray with a Yellow Pages combo in three major metro areas, including L.A.(Wall Street Journal).
Hearst Corp. has plans for its own Groupon clone for subscribers of Road & Track and Car and Driver, with the intent to eventually present offerings to all of its magazine subscribers. (BusinessInsider).
Summing up the IPO filings, Marketwatch looks at what kind of investments Groupon and Zynga are going to be over a one- to three-year time frame. (Marketwatch).