Marketing News Roundup - June 3, 2011

What's new in marketing this week?

Groupon, which declined an acquisition bid from Google last November, plans $750 million IPO. The company is not currently profitable, but its subscriber base is growing. (Mashable)

Dictionaryphoto © 2009 noricum | more info (via: Wylio)
Not to be outdone, Amazon now joins the daily deals bandwagon with its own venture - AmazonLocal, debuting in Boise, Idaho. It's actually pushing LivingSocial's Boise content, but there's no reason to think Amazon will stop there - word is it may aggregate deals from several deal sites, which is interesting, to say the least. (Business Insider)

With grammarians everywhere saying FML, the Oxford English Dictionary adds OMG and LOL to its lexicon, another lesson in what the Internet is doing to language. (Engadget)

What's happening to our boundaries? One in three people may be addicted to their smartphones, even waking up in the middle of the night to check them. (Smedio)

Have a great weekend, and thanks for reading!

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