eBay has started testing an online deals offering, which would compete directly with Groupon’s core offering – daily deals.

Groupon has announced the acquisition of Savored, a startup in the restaurant reservations and discounts space, used by more than 1000 restaurants.

Groupon announced its earnings for Q2 2012, with revenue improving 45% to $568 million, and operating income up to $46.5 million.

Nokia announces partnerships with major brands to bring their apps to Lumia and other Windows Phones. Is Nokia really the “real” Windows Phone maker?

Zynga will commence its IPO roadshow on December 5. It is expected to raise nearly $1 billion at a valuation of around $15 – $20 billion.

Groupon, which despite all odds, had a successful IPO, with its stock price reaching a high of $31, has dropped nearly 35% in the last two days. It is now trading at just $17, 15% below its offer price.

Rumors that Facebook will be going public soon have been rekindled by a news report which claims that Zuckerberg said that the Facebook IPO is coming.

Amazon has launched AmazonLocal, a Groupon like portal where people can by daily local deals at a deep discount.

Social networking is coming to “dumbphones” and going global. Find out how Groupme and Snaptu will change the way mobiles connect to social media using Facebook logins.

With Google offers, Google aims to provide great deals that read as 50% off or more. The service is just out of Google incubators and is available in selected cities.

Speculation about Google’s own Groupon-like portal have been going around ever since Groupon rejected the $5.3 Billion offer made by Google. These rumors were later confirmed when some users spotted placeholder pages for the URL Google.com/offers.

Indian Groupon clone SnapDeal has raised $12 million, which it plans to spend on promotion and expansion.

Google Offers is a competitor/clone to Groupon and LivingSocial. Google Offers will offer group deals at a discounted price.

Groupon has rejected a $6 Billion offer by Google and will try to go public in 2011.

Groupon has acquired European clone CityDeal in a move to expand globally.