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Confirmed: LivingSocial Slashes 400 Jobs in Attempt at Profitability
LivingSocial, the second-largest daily deals company in the U.S., has confirmed it is laying off 400 employees, or about 10 percent of its workforce, as it tries to turn a profit. A spokesman confirmed...
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Former Best Buy CMO Barry Judge Joins LivingSocial to Head Marketing
LivingSocial has appointed former Best Buy CMO Barry Judge to the position of chief marketing officer. Judge headed up marketing at the electronics retailer for four years, until May, when he resigned...
View ArticleLivingSocial Gets a Much-Needed $110 Million Boost
LivingSocial Inc. recently raised $110 million from existing investors, giving its coffers a much needed boost after the daily-deals company’s 2012 losses widened by 30 percent last year. Chief...
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LivingSocial CTO and Co-Founder Departs Company
Aaron Batalion, chief technical officer of the social deals site LivingSocial, will leave the company, he announced Friday on his personal blog. “We built a culture I am proud of and millions of...
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LivingSocial Hacked -- More Than 50 Million Customer Names, Emails,...
LivingSocial, the daily deals site owned in part by Amazon, has suffered a massive cyber attack on its computer systems, which an email from CEO Tim O’Shaughnessy — just sent to employees and obtained...
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Can LivingSocial Reignite Its Once-Bright Future?
It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy...
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Does LivingSocial Have an Identity Crisis?
After a rough first half of 2013, it’s still very much an open question whether LivingSocial will ever find sustained growth or reclaim its brief tech-darling status. For now, the Washington, D.C.,...
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Before Groupon Came Calling, LivingSocial and Ticket Monster Were Once One...
Ticket Monster’s mascot Yesterday, LivingSocial announced a somewhat surprising buyer for its Korean business Ticket Monster: its main competitor Groupon. The deal, worth $260 million in cash and stock...
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"Ashamed and Embarrassed" LivingSocial Says Ongoing 30-Hour Outage Should End...
LivingSocial said in a blog post on Wednesday night that it is close to fixing the issue that has crippled its website, mobile apps and business-customer portal for the past 30 hours. “Suffice to say,...
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LivingSocial to Run Discount Promotions in Wake of 40-Hour Outage
How low can LivingSocial’s prices go? In a bid to make amends for a rare 40-hour outage that crippled its website, apps and merchant center on Tuesday and Wednesday, LivingSocial is running promotions...
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