Facebook is planning a service that will challenge group-buying sites like Groupon.com. The program is part of Facebook Deals where users can share discounted offers from solicited retailers. The online coupon market made nearly $900 million last year and Facebook hopes to cash-in on the success. In other news, the recent earthquake in Japan has damaged the large underwater cables that provide Internet access to Asia. Half the cables are damaged, but the system between Japan and the U.S. remains unscathed. Damage to undersea fiber-optic cables is an out-of-sight problem much larger than most realize. And finally, AT&T is going to put a 150GB data cap on its DSL customers. It will cost $10 for each 50GB over the cap and is designed to affect the 2% of data-hogging customers. The cap is to ease bandwidth congestion, but some analysts think it’s purely a move for more profit.
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