Groupon's CEO Pegs 2010 Revenue At $760 Million

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When Groupon was said to have turned down a $6 billion acquisition offer from Google, many onlookers wondered what could possibly have motivated that decision.  Now we know: the ability to earn $760 million in revenue in 2010, along with the goal of bringing in over a billion this year. Those figures were mentioned in an internal memo that leaked …

Bing Gets Behind "Future Of Search" Series

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Anyone who’s interested in what Bing will do next can perhaps relax.  Rather than make onlookers fight for every scrap of information, the organization seems to be tending towards openness, announcing today that it will back a sort of multimedia series called "The Future of Search." A post on the Bing Search Blog explained, "Here at Bing we don’t claim …

Answers.com Sells For $127 Million

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Over the next few days, onlookers shouldn’t be surprised if the mix of questions on Answers.com begins to favor inquiries of the "what kind of ____ should I buy?" variety.  Fans may have some extra money coming to them, as Answers.com announced this morning that it’s being acquired for $127 million. AFCV Holdings, which is controlled by Summit Partners, is …