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GoDaddy is acquiring social media marketing platform Main Street Hub for $125M

 GoDaddy is acquiring Main Street Hub, an Austin-based social media marketing platform. The deal is for $125M in cash plus up to $50M in potential future earn outs, and is expected to close late in Q2 2018. Founded in 2010 Main Street Hub has raised a total of $93M in debt and equity financing from Silicon Valley Bank, Vista Equity Partners, Bessemer Venture Partners and other investors. For… Read More
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Cyber Monday’s best tech bets

 So you’ve had a nice, calming two-day respite from all of the bargain hunting. But don’t worry, it’s almost over. It’s Cyber Monday, a holiday made up in 2005 because Black Friday wasn’t quite doing the trick. Sure it’s a crass cash-in and yet more grist for the end of year Capitalist mill — but the deals! Over the past few years, Cyber… Read More
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Amazon’s ‘Treasure Truck’ deals program is expanding nationwide

 Amazon’s Treasure Truck, the retailer’s deal programs that offers discounts on select items paid for online then picked up in person from an actual truck, is expanding across the U.S. First announced back in 2015 in Seattle, then rolled out the following year, Treasure Truck initially appeared to be some sort of one-off marketing experiment, but its recently granted patent and… Read More
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Amazon’s 2017 Prime Day sale will be July 11th

 Amazon just announced its third annual Prime Day, the retailer’s answer to Black Friday that originally started to celebrate its 20th anniversary. While Amazon had previously said they would be doing a third year of Prime Day, this is the first time we’re getting the actual date and previews of some of the sales. Amazon is tempting Prime customers by saying there will be… Read More
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Target and Cartwheel apps to merge starting this summer, mobile payments and improved maps to follow

 Target’s mobile app strategy will undergo a significant change, starting this summer. The retailer announced this week it will soon combine the functionality of its Cartwheel savings app with its main shopping app, in preparation for an eventual Cartwheel shutdown. The Target app will also receive a notable upgrade this year, adding support for an indoor map that shows your location in… Read More
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Pandora raises $480M from SiriusXM, sells Ticketfly to Eventbrite for $200M

 SiriusXM just announced they will be investing $480M in cash into Pandora, which will give them a ~16% stake in the company on an as-converted basis. While it’s not an full acquisition like was once rumored, this will give Pandora a much needed cash injection, as well as a strategic partner experienced in the radio business that might help steer it to more growth in a very competitive… Read More