Brightbridge Wealth Management Headlines: Google cuts deal for Dealmap

Brightbridge Wealth Management Headlines: Google cuts deal for Dealmap

Can I get a discount for some Groupon envy treatment?

Google has acquired Dealmap, a California-based startup that will fuel Mountain View’s efforts to mimic Groupon.

Launched in May 2010, Dealmap aggregates “daily deals” from hundreds of sources, and according to the company, its various services are now used by over 2 million people.

“We are impressed with what The Dealmap team has accomplished and excited to welcome them to Google,” Google said in a statement shared with various news outlets. “We’ve been thrilled with the early success of our commerce offerings, and we think they can help us build even better products and services for consumers and merchants.”

Terms of the deal were not disclosed.

Google recently rolled out its own daily deals service, Google Offers, after apparently failing in a bid to purchase Groupon, the poster child of the online daily deals services. Google Offers was first launched in Portland, and it has since expanded to New Yorkand San Francisco. Presumably, Dealmap will be rolled into the Offers effort.

“We believe Google provides the ideal platform to help us accelerate our growth and fulfill our mission,” Dealmap said in a blog post. “We’re passionate about helping people save money while having great local experiences, and in Google we’ve found the perfect partner that shares this passion, as well as our vision and strategy. We believe that joining Google will help us innovate in new and unexplored areas ofcommerce.”

Dealmap said that “for time being”, it will continue to support its primary services,including its main website, mobile apps, daily email service, and API. The company has about 15 employees, and the entire staff will be moved from Menlo Park, California to Google HQ in Mountain View.

Brightbridge Wealth Management Headlines: Investors fear stock markets haven’t hit bottom

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With the Dow Jones Industrial Average down 513 points on Thursday, it capped off a two week run of bad days that have left the major Blue Chip stock index down 1,341 points since July 21.

The Dow closing down 512.76 points to 11,383.68 will rank as one of the Top 10 worst single-day point drops in the stock index’s history, and has left many financial experts asking if the worst is yet to come.

Some analysts are questioning whether Wall Street’s expectations for corporate earnings for the third quarter are too high and may have to be pulled back. If that happens, it could be a wave of negative news that drives stocks down lower.

Bruce McCain, chief investment strategist at Key Private Bank, told MarketWatch that investors are worried about how to “get out of this roller coaster of the relentless onslaught of bad news.”

“We’re just worrying ourselves to death,” McCain told the online news site.

Bill Stone, chief investment strategist atPNC Financial Services Group , told the Associated Press that investors continue to be bombarded by worries about the global economy.

And Sam Stovall, chief investment strategist at Standard & Poor’s , told the New York Times that stock markets are now in correction mode, and that there could be “another couple of weeks to go before it bottoms.”

Brightbridge Wealth Management Headlines: Google cuts deal for Dealmap

http://brightbridgewealthmanagement-facts.com/

Can I get a discount for some Groupon envy treatment?

Google has acquired Dealmap, a California-based startup that will fuel Mountain View’s efforts to mimic Groupon.

Launched in May 2010, Dealmap aggregates “daily deals” from hundreds of sources, and according to the company, its various services are now used by over 2 million people.

“We are impressed with what The Dealmap team has accomplished and excited to welcome them to Google,” Google said in a statement shared with various news outlets. “We’ve been thrilled with the early success of our commerce offerings, and we think they can help us build even better products and services for consumers and merchants.”

Terms of the deal were not disclosed.

Google recently rolled out its own daily deals service, Google Offers, after apparently failing in a bid to purchase Groupon, the poster child of the online daily deals services. Google Offers was first launched in Portland, and it has since expanded to New York and San Francisco. Presumably, Dealmap will be rolled into the Offers effort.

“We believe Google provides the ideal platform to help us accelerate our growth and fulfill our mission,” Dealmap said in a blog post. “We’re passionate about helping people save money while having great local experiences, and in Google we’ve found the perfect partner that shares this passion, as well as our vision and strategy. We believe that joining Google will help us innovate in new and unexplored areas of commerce.”

Dealmap said that “for time being”, it will continue to support its primary services, including its main website, mobile apps, daily email service, and API. The company has about 15 employees, and the entire staff will be moved from Menlo Park, California to Google HQ in Mountain View.