The presumptions of reporters are often baffling. Bloggers (myself included) are usually worse, but when everyone in the tech blogging world and even respected journalists at the NYTimes start talking about “inexperience” and “hasty negotiations” being behind the losses in paper wealth that the founders of Instagram are taking, I have to wonder why they get paid to write at all. In hindsight, Instagram probably should have cut a different deal with Facebook rather than go along for the ride with the majority of the purchase tied to stock without the protections that most mergers of this type…

That didn’t take long. After testing the waters that Groupon and LivingSocial dominate, Facebook has pulled the plug on Deals. “We think there is a lot of power in a social approach to driving people into local businesses,” Facebook said in the statement. “We’ve learned a lot from our test and we’ll continue to evaluate how to best serve local businesses.” In April, Facebook put everyone on notice that they were “testing the waters” of the daily deals phenomenon. Groupon and LivingSocial have had tremendous success offering social-media-only bargains that require a certain threshold of buyers…

We have local deals — it’s a been there, done that thing — but what about a deals site that covers creative professionals? They deserve a good deal every now and then too, don’t they? Well, this is why the team here at Techi and WebdesignerDepot has created Mighty Deals. The site’s goal is simple: to offer the best deals for creative professionals. Mighty Deals is most easily described as the creative professional’s Groupon. However, unlike Groupon, Mighty Deals focuses on providing great deals specifically for creative professionals. You won’t find any paradise island getaways offered…

Google might of lost the battle with Groupon, but the Search Giant clearly feels that they have not lost the war in hyper-local deals just yet. Amidst their failed $6 billion takeover of Groupon, Google is now throwing out a line to smaller fish in the local deals marketplace. LivingSocial and BuyWithMe are now on Google’s radar, and while these two websites have achieved much less than Groupon, they are still formidable competitors in the marketplace. If Google has their eye on them and makes a purchase, Groupon might have something to worry about, especially when considering the power that Google wields with…

There is a lot of chitter chatter going on throughout the tech industry about a big potential acquisition of Groupon by Google, but the biggest question yet is whether or not Google has already purchased the site. Some reports have already been released that have stated that Google has already purchased the site. The only thing that is missing, however, is a confirmation from either company. VatorNews has reported that an unnamed source has informed them that Google has already purchased Groupon for $2.5 billion. However, the certainty of this being the actual truth is under question (we know…

November 26 is a hectic day of the year — it’s Black Friday. It’s a pretty big deal for many companies, and while Apple doesn’t seem to be lacking in the revenue department, all the little boys and girls will probably want the latest generation iPods, iPads, iMacs, and more from Apple this year. So Black Friday might be the day that enables a struggling global economy to get their hands on some good deals on Apple products. The Black Friday deals page on Apple’s website offers little insight on what to expect, but we are hoping there will be better deals than what was offered last year, as there was little…