Summary:

»  Groupon may be big in the U.S. and Europe — but it can’t seem to get traction in Japan. The daily deals site has also made a s…

Morning Lowdown
photo: Corbis / Patricia Curi

»  Groupon may be big in the U.S. and Europe — but it can’t seem to get traction in Japan. The daily deals site has also made a series of bad moves lately. Aside from its Super Bowl ad debacle, CEO Andrew Mason recently had to issue his latest mea culpa to Japanese users who were angered by a botched New Year’s deal. [NYT]

»  Yahoo (NSDQ: YHOO) has quietly, slowly embraced Facebook over the past few months, after failing to establish its own versions of “sharing” and “Like” features that have become practical Facebook trademarks. The moves are meant to reverse the trend of users spending less and less time on Yahoo’s sites. [WSJ]

»  Citysearch is launching a geo-based deals app that sends offers from its platform along with those running on Groupon. The opt-in feature will also be associated with Citysearch’s Citygrid ad network. [Clickz]

»  The Guardian has a list of the top five investment bankers at the heart of Britain’s biggest media deals. [The Guardian]

»  How do Twitter feeds produce hot trending topics? It’s mostly thanks to mainstream media outlets pushing “broadcasting” the news to their many followers, naturally. [HP Blogs via Mediagazer]

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