Tiger Woods Ties Jimmy Fallon w/ Wii Motion Plus

Sure the whole thing reeks of a publicity stunt for Nintendo, but watching Jimmy Fallon actually beat Tiger Woods at Tiger 10 on the Wii? That’s something worth watching.

Before a late night taping, Fallon played Tiger in Times Square and actually won against the world’s greatest golfer. Things were not so kind under the pressure of studio lights for Fallon though, who managed to double bogey a hole on Bethpage Black, whereas Tiger squeaked by with a bogey. Obviously, there is a need for a playoff hole, which should hopefully happen sometime in the future.

That said, thanks to Fallon for incorporating gaming into the show, as he also demoed Project Natal about a week earlier.

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Groupon welcomes Facebook, Google as competition rises.

Times of Oman (Muscat, Oman) June 8, 2011 SEOUL: Groupon, owner of the world’s largest online coupon site, said that it welcomes entry by Facebook and Google into the market, as surging sales attract more companies to the business, thereby intensifying competition.

“To some extent, they’re competitors,” Groupon Chief Executive Officer Andrew Mason said at a briefing in Seoul. “That said, we welcome competition. We think it’s good for consumers, it’s good for merchants. We hope to see them bring innovation to the market. We welcome them to this space.” The daily deals market, which Groupon pioneered, is set to generate $3.9 billion in sales in 2015, surging from $873 million in 2010, according to researcher BIA/Kelsey in Chantilly, Virginia. Groupon still had a $113.9-million net loss in the first quarter as intensifying competition led marketing expenses to eat into profit margins.

Facebook, the world’s biggest social-networking website, unveiled a Groupon-like feature that lets merchants offer discounts to potential shoppers nearby. Google introduced a similar service offering discount deals, named Google Offers, last month. site groupon houston

Co-founded by Mason in 2008, Groupon sells discount deals for goods and services ranging from restaurants to nail salons in more than 500 markets worldwide, compared with about 260 for its closest rival Washington-based LivingSocial. The companies offer daily discounts of as much as 90 per cent and keep about half the revenue, giving the rest to merchants.

IPO plan Groupon filed for an initial public offering on June 2 with the help of Morgan Stanley, Goldman Sachs Group and Credit Suisse Group.

The online coupon provider, which had an implied valuation of $5.6 billion at the end of March according to research firm Nyppex, was in talks with bankers about an IPO that would value the company at as much as $25 billion, people familiar with the matter had earlier said in March.

Groupon plans to expand its Groupon Now service, which was released in May and lets smartphone users search for deals at nearby locations globally, if testing in the US goes well, Mason said. The company may expand into more overseas markets, with no decision made yet, he said.

New filing Remarks by Groupon Chairman Eric Lefkofsky, who said the money-losing daily-coupon provider will be “wildly profitable,” may force the company to make new filings before it sells shares to the public.

Lefkofsky, Groupon’s co-founder and biggest shareholder, made the comments June 3, a day after Chicago-based Groupon announced plans to raise $750 million in an initial public offering.

The US Securities and Exchange Commission (SEC) limits what companies planning IPOs can say about their prospects before listing shares. Groupon may need to file new documents that disclose Lefkofsky’s comments and either discount or ratify them, said Noah Hagey, a managing partner at Braun Hagey. here groupon houston

“Where you have somebody with insider knowledge and status making predictions about how the company is going to perform, which conflicts or potentially conflicts with what’s in the registration statement, I think that draws attention,” Hagey said in an interview on Bloomberg Television. While Groupon’s sales surged 14-fold to $644.7 million last quarter, the company has racked up operating losses of $540.2 million since its founding in 2008.

That has left investors such as Pat Becker Jr., a portfolio manager at Becker Capital Management, leery of owning the company’s shares.

Lefkofsky made his remarks in response to questions about the companies he has run or founded, including Starbelly.com, InnerWorkings and Echo Global Logistics.

John Nester, an official spokesman for the SEC in Washington, declined to make a comment, as did Julie Mossler, official spokeswoman for Groupon.

Muscat Press and Publishing House SAOC 2011 Provided by Syndigate.info an Albawaba.com company