Verizon will finally announce the arrival of Apple’s iPhone to its line of products. With many complaints of poor service and loss of iPhone exclusivity, AT&T could lose as many as three million new subscribers to Verizon. If Verizon’s network holds up to the demand, they will generate millions of dollars in new revenue. In other news, Best Buy just launched a program that will buy back obsolete technology from customers. By paying between forty and seventy dollars at purchase, Best Buy will later refund you a percentage of the item’s cost based on its age and recycle it. This awesome program will definitely help reduce our growing landfill clutter! And finally, Popular group buying site Groupon announced raising $950 million in its most recent round of financing. The nearly billion dollars comes after rejecting a $6 billion offer from Google. Groupon has of over 50 million subscribers and connections with over 58,000 local businesses making them a hot commodity for local advertising.
Shelly Palmer Radio Report – January 11, 2011
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).