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Hack of LivingSocial Affects 50M Users

Passwords compromised, but not credit card information

(Newser) - Add LivingSocial to the list of high-profile hacking victims. The online coupon site says hackers got access to the names, emails, birthdays, and encrypted passwords of 50 million customers around the world, reports AllThingsD . The good news is that the hackers did not get any credit card or banking information....

Is Buying Medical Services on Groupon a Good Idea?

Surprise, surprise: Experts aren't so sure that it is

(Newser) - Groupon and other "daily deal" sites are great places to snag discounted meals, outings, and—somewhat counter-intuitively—medical services. When you're looking at paying $2,400 for a $5,000 dental procedure or getting 81% off an eye exam, it probably seems pretty tempting. But is it a...

Look Out, Groupon: Facebook Debuts ‘Deals’

Looks to copy successful group coupon model

(Newser) - In its relentless quest for total world domination, Facebook today unveils its latest ploy: Deals, an unapologetic attempt to capitalize on the bargain-wielding model of Groupon and LivingSocial. Debuting in five test markets—Atlanta, Austin, Dallas, San Diego, and San Francisco—Deals is separate from the check-in-based deals model it...

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