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Online review hub Yelp has launched local deals in Chicago, hoping to get a foothold in the daily deals space pioneered by Groupon.
Yelp Deals launched Tuesday in Chicago, becoming the fourth city for the company’s local offers program. The other cities are San Diego, New York and San Francisco. Get the full story »
Sony Corp. says it will shut down a CD manufacturing plant in the United States by the end of March and its 310 workers will be laid off. Sony spokeswoman Mami Imada said Tuesday the plant closure in New Jersey was due to declining CD sales as more people opt to buy music digitally. Get the full story »
From MyNorthwest.com | A gastric bypass surgery kit made by Chicago-based Medline Inc. was put up for sale on Amazon.com for $264. “It was a mistake that it was on Amazon,” said Medline spokesman John Marks. “This is purely for hospital use by doctors and surgeons, and it is not for sale to consumers.” But that didn’t stop reviewers from having some fun with it.Get the full story>>
Update: Bank of America reported at 5 p.m. that the problem had been resolved.
Bank of America Corp. said its online banking Web site is down for a “subset” of customers but that the “majority” of depositors can still bank online.
Chicago’s No. 2 bank declined to say how many customers are currently affected and said it expects to fix the problem “shortly” but had no timetable. Get the full story »
Groupon’s executives held a series of meetings with bankers Thursday in Chicago to discuss a potential initial public offering for the coupon website, CNBC’s Kate Kelly reported Thursday evening. Groupon, Kelly said, is serious about an IPO, but the process could take months, possibly into this spring. The offering could be worth $1 billion to $1.5 billion, she said, but the company hasn’t offered any details of the potential size of the deal. Get the full story »
Supporters of U.S. Army Pfc. Bradley Manning, who is suspected in one of the biggest security breaches in U.S. history, said Thursday that Web site WikiLeaks has fulfilled its pledge to aid in his defense by contributing $15,100, the Associated Press reported.
The Bradley Manning Support Network announced the gift. Get the full story »
Sue Gardner, executive director of the Wikimedia Foundation. (Getty)
As online encyclopedia Wikipedia nears its 10th birthday on Saturday, its leaders are seeking a more diverse group of editors — specifically, women, people in developing countries and people with expertise in assorted disciplines.
Wikipedia is about to open an office in India and wants to expand further in Brazil, Egypt and other Middle Eastern countries. Today, 20 percent of the site’s pages are written in English, but the organization expects that to change over the next 10 years. Get the full story »
Former Chicagoan Cheryl Rosner has stepped down as chief executive of online deals site BuyWithMe after less than a year in her position. Get the full story »
A pair of Northwestern University graduates has launched a Chicago-based online deal company that merges snail mail and the Web.
Bare Deal, founded by Justin Shapiro and Glen Andrianov, launched Wednesday in Chicago and the site lists 12 additional cities where the company plans to expand, including Los Angeles and New York.
Chicago is home to tens of Web companies offering local daily deals, including Groupon, the pioneer of the space. Groupon’s co-founder, Andrew Mason, is also a Northwestern alumnus. Shapiro and Andrianov graduated in 2008. Get the full story »
Cameron (left) and Tyler Winklevoss. (Kimihiro Hoshino/AFP/Getty Images)
Cameron and Tyler Winklevoss found a skeptical audience Tuesday as they tried to persuade a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.
The saga of the Winklevoss twins and Facebook CEO Mark Zuckerberg became silver screen lore with the film “The Social Network” last year. It has long been a legal battle as well. Get the full story »
