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).
Today's Deal: $15 for $30 at Jane's Restaurant in Bucktown.
