The Circuit: CNN gives Apple an F, Sears plans movie downloads, Groupon's new stock push
LEADING THE DAY: CNN released its list of the top 10 tech 'fails' for 2010, and Apple bookends the list with the number-one fail, Antennagate and the number-10 fail, Ping. Facebook privacy also made the list at number five, followed by Google Buzz.
Sears, Kmart launch movie service: From Mashabl, Sears and Kmart (which are both owned by Sears Holdings, Inc.) have launched Alphaline, a movie download service offering online rentals for $3.99. The new services runs on the RoxioNow platform and is similar to Best Buy's video service, CinemaNow.
Groupon seeks new funding: Groupon filed a certificate with the State of Delaware asking for the authorization to sell up to 30.1 million preferred shares at $31.59 a share, according to the Wall Street Journal. That's a total of about $950 million. Groupon recently rebuffed a $6 billion buyout offer from Google.
Netflix to move overseas?: Netflix is currently available in the U.S. and Canada, but it may be expanding soon. Sources told AdWeek Tuesday that the streaming video company is in talks with advertising and media companies to take the company into international markets, though they didn't give any specifics on which markets those might be.
Sweden recognizes new tech verb: A fun post-holiday read, TechCrunch has a tongue-in-cheek piece riffing on the news that the Language Council of Sweden has officially recognized "spotify" as a verb. Spotify is a music streaming service wildly popular in Europe. It is not available in the U.S. though, as the blog post points out, that's not for lack of trying.
FTC and mobile marketing: Over at the Consumer Advertising blog, they've written an interesting analysis of remarks David Vladeck, the Federal Trade Commission's Director of Bureau of Consumer Protection, made to the Promotion Marketing Association on Nov. 18. The takeaway? Companies should know that the FTC would like to regulate mobile marketing just like online and offline marketing, and plan accordingly.
| December 29, 2010; 9:06 AM ET
Categories: Apple, FTC, Google, Mobile, Online Video, Social media
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