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There's more evidence today that the "world's fastest growing company" is nothing of the sort. Groupon's Q3 figures yet again "disappointed" Wall Street, investors and the market alike and the "daily deals" firm's share price fell to a new record low. Groupon's European operation is fading away, its business model looks fatally flawed and its core business is increasingly moribund, as Martyn Warwick reports. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Promises lower merchant costs. By Jason Ankeny. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Facebook's languishing share price fell yet further when the first 'lock-up' period expired and insiders got their chance to sell off and get out of the stock. A further 1.91 BILLION shares will flood the market between October, November and December and the stock price will reflect this glut. Some analysts now say that Facebook shares will be $10 by the end of the year and $2.50 in 12 months time. By Martyn Warwick (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Groupons's fall from grace continues apace. Briefly a blazing, rising star in the social media firmament and now dimming rapidly as it collapses into a red dwarf, Groupon is a classic example of the hype and over-valuation that still characterises far too much of the web. Martyn Warwick reports. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Matron's diary: May 14th, 2012. "This week it's smartphones and cloud services again. Apparently  it's not enough to have the things chirping and tweeting like an aviary at dawn - they have to have their own 'clouds'  so you can watch television on them. The codgers also wonder about France online after Sarkozy; Groupon needing to get over itself; and Canada and the US not seeing i to i.

 

Codgertations is filmed in front of a semi-conscious audience in a home for veteran technology journalists. Inmates Martyn Warwick and Ian Scales cogitate and ruminate on the week's best, worst and most amusing stories under the watchful eye of the home's redoubtable 'Matron'.

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Video added Over 6 months in Talking Telecoms by Talking Telecoms
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You don't need a particularly good memory to be able to remember that during the harpocratic depths of its "quiet period" as it went to IPO, one of Groupon's founders got it in the neck from the regulators for his stentorian public pronouncement that the company would be "wildly profitable". It isn't, as Martyn Warwick reports. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Matron's Diary, April 11th, 2012. "Got rid of one of them for a few days at least. Warwick claims he was off filming something about the Titanic in Cornwall, so presumably he's going to play an elderly version of Leonardo DiCaprio. This edition of Codgertations also has them discussing BlackBerry/RIM (again!); Groupon getting itself into trouble; and a drunken Canadian getting famous by singing a silly song - just like Queen did."


Codgertations is filmed in front of a semi-conscious audience in a home for veteran technology journalists. Inmates Martyn Warwick and Ian Scales cogitate and ruminate on the week's best, worst and most amusing stories under the watchful eye of the home's redoubtable 'Matron'.

 

(0)
Video added Over 6 months in TelecomTV One by Talking Telecoms
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Chicago-based Internet discount voucher company Groupon has been forced to issue a highly unusual retrospective profit warning (ironic that really seeing as the company has yet to make a penny) as well as restate its results and admit to "material weakness" in its financial reporting processes after huge numbers of customers demanded refunds. By Martyn Warwick. (2)
News added Over 6 months in TelecomTV One by TelecomTV One
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The Groupon coupon company has been censured by the UK's Office of Fair Trading after a welter of grievances were registered by individual users of the website and an official complaint was lodged by the Advertising Standards Authority (ASA). The online discount company has been given three months to set its house in order, clean-up its business practices and fall in line with OFT directives - or else. By Martyn Warwick (2)
News added Over 6 months in TelecomTV One by TelecomTV One
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Remember all the hoo-hah about the imminent public floatation of Groupon and how it was going to be one of THE events of the year and yet more evidence that dot.com companies are back in favour with investors? It was all just more hot air, smoke and mirrors, as Martyn Warwick reports. (1)
News added Over 6 months in TelecomTV One by TelecomTV One
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The much-vaunted public flotation of Facebook, "the biggest in history" and originally billed as the comms industry event of 2011, has suddenly been pushed back to the end of 2012 - at the earliest. Even the most optimistic amongst must now accept that the hot air keeping the second dot.com bubble aloft is cooling fast and that the balloon is falling back to earth, writes Martyn Warwick. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Will the trouble pass with a bang or a whimper?  It’s a question often asked as Matron patrols the ward with her cod liver oil of an evening and it worries the codgers in more ways than one. Is that a technology crash we see looming? And don’t start them on patents: they’re now worth more than the business they apparently support. It has to stop.
 

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Video added Over 6 months in Talking Telecoms by Talking Telecoms
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Investor frenzy inflating the second dot.com bubble seems to be falling away with the much-vaunted public floatation of Groupon, the coupon company, suddenly being put on indefinite hold. The balloon is beginning to deflate and now the question is whether it will collapse with a feeble "pffutt" or the noisily flatulent explosion of a whoopee cushion placed under a sumo wrestler. By Martyn Warwick. (1)
News added Over 6 months in TelecomTV One by TelecomTV One
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The inflation of of the new Internet bubble continues apace with the news that Chicago-headquartered Groupon is to go to IPO. So, expect more irrational exuberance before the whole over-inflated dirigible goes "pop" again leaving punters with egg on their faces and holes in their in their bank accounts. Martyn Warwick reports. (1)
News added Over 6 months in TelecomTV One by TelecomTV One
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Google is on the verge of splurging on its most expensive acquisition, at the tune of nearly US$6 billion, almost double the price it paid of ad firm DoubleClick in 2007. Not content waiting idly for the deal to get the green light, online coupon site Groupon has snapped up three similar deal-of-the-day websites and launched in four markets in Asia. Leila Makki reports. (1)
News added Over 6 months in TelecomTV One by TelecomTV One