Sharknado 2 makes waves on Twitter. Online reviews site Yelp sees first profit since going public. These stories, and more, in today’s Morning Social Media Newsfeed.
Google Glass Gets Social With Tumblr, Twitter, Facebook and Other Apps (SocialTimes)
Soon you’ll be able to look your friends in the eye (sort of) when you log into your favorite social network with Google Glass. Google has announced at the I/O conference in San Francisco that the futuristic eyewear, dubbed Glassware, will come with applications for Facebook, Twitter, Tumblr and Evernote, as well as publications like CNN and Elle.
After just a year as the head of Groupon Goods, Faisal Masud is leaving the company to lead global e-commerce at office supply retailer Staples.
Groupon today launched updates to its iOS and Android mobile apps that put local search front and center.
Groupon feels no urgency to replace founder and fired CEO Andrew Mason and will continue to execute the business plans put in place before his departure, chief financial officer Jason Child said at an investor meeting hosted by Deutschebank.
Groupon to Replace CEO Andrew Mason (SocialTimes)
Andrew Mason will no longer be the chief executive of Groupon, the company announced on Thursday. Stock in the daily deals business had fallen more than 20 percent after the company’s fourth-quarter earnings failed to meet analysts’ expectations, according to The Wall Street Journal.
Andrew Mason will no longer be the chief executive of Groupon, the company announced today. Executive chairman Eric Lefkofsky and vice chairman Ted Leonsis will share the role until the board of directors can find a replacement.
Groupon reported a $0.12 adjusted loss per share today, missing analyst expectations and sending its stock tumbling after hours.
In an on-stage interview in San Francisco in which he declined to address questions about whether he would stay on as Groupon CEO, co-founder Andrew Mason described his company as a local business engine that will build shareholder value over the long term.
Groupon founder and CEO Andrew Mason says that he isn’t surprised that Groupon’s board is talking about replacing him, saying “I care far more about the business than about being the CEO.”