Groupon continues to streamline its global business after it announced the sale of its operations in Indonesia to a somewhat unlikely buyer. KFit, a one-year-old startup that sells gym and fitness memberships in the same style as U.S.-based ClassPass, is picking up Groupon Indonesia in an undisclosed deal. Malaysia-based KFit said it …
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Some significant consolidation is going down in the world of daily deals — going down being the operative phrase here. Today, Groupon announced it would acquire LivingSocial, its onetime big rival that was partly owned by Amazon, for an undisclosed sum. Lest you think that this is a power move made by companies …
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Google is opening up applications to businesses interested in testing its new file-sharing product called Team Drives. Announced earlier this fall, the focus of Team Drives is to offer companies an easier way to share files across their organization, along with more granular access controls over the content those shared folders …
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Elizabeth Holmes, the founder and CEO of beset blood analysis startup Theranos, is no longer mentioned on the Presidential Ambassadors for Global Entrepreneurship (PAGE) website. Holmes announced she had joined the Obama administration’s entrepreneurial PAGE program, which notably includes AOL CEO Steve Case, Airbnb founder Brian Chesky and Stripe’s Patrick Collison, in March …
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