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Groupon Soars 23% On Favorable Earnings
Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat analyst forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase. Adjusted earnings per share was a four cents, whereas Wall Street was expecting zero. This is quite the bright spot for the company -- until today, the stock had been down 71% in the past year. Shares closed Thursday at $2.24, a far cry from the $20 per share the company saw when it went public in November 2011.Rich Williams was promoted to Groupon CEO in November, and has helped the company streamline its efforts, by closing up shop in underperforming markets. Williams told TechCrunch that “we need to win where winning is material.” Groupon “made the hard call to allow the team to focus on what really matters.”In fact, Chicago-based ...
This might be the most popular Apple Watch app out there.
The Apple Watch was supposed to become the new thriving platform and App Store for third-party apps. 10 months later, it's hard to name popular Watch apps. And there are reasons why the Apple Watch App Store isn't as vibrant as the iOS App Store. But some developers, such as David Smith, have found ways to make your Watch more useful. Sleep++ isn't a new Watch app. But today's major update adds many important features making it a useful free app for anyone who wants to track their sleep. Sleep++ turns your Watch into a sleep tracking device and gives you insights about your sleep. As long as you keep your Watch in airplane mode and charge it when you take a shower, you can keep it on your wrist 24/7. Sleep++ leverages the accelerometer in your Watch to register deep sleep, light sleep, restlessness and wakefulness. I've been using ...
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