Monday, December 6, 2010
Obama's economists missed what voters plainly saw - San Francisco Examiner
Facebook Offers Local Deals for Mobile Users - New York Times
People who use Places, Facebook’s location feature, will see a yellow icon indicating that a redeemable deal or coupon is available nearby. They can then use the application to “check in” at the store or restaurant and show their phone’s screen to an employee to claim their deal.
“We’re enabling merchants to push deals out to their existing customers and hopefully attract new customers,” said Tim Kendall, director of monetization at Facebook, during a press event at the company’s headquarters in Palo Alto, Calif.
Mr. Kendall said Facebook would not charge businesses directly to list coupons and special deals through the mobile application. Instead, businesses can purchase advertising to publicize their offerings on Facebook, he said.
One of Facebook’s first partnerships involving the new Deals feature is with the Gap. The company outlined a campaign offering a free pair of jeans to the first 10,000 users who check into their local Gap store using Facebook’s mobile application.
Facebook also plans to work with nearly two dozen major chains like H&M, 24-Hour Fitness and McDonalds for special offers. But eventually all merchants and small businesses with a Facebook Places page will be able to offer deals.
“It starts to solve an age-old problem that local businesses have always had,” said Emily White, director of local at Facebook. “They’ve been told they need to be online. But it hasn’t always been clear what the benefit is. That’s what this deals platform allows. It’s turning those fans, those visitors, those eyeballs into real dollars, real people and real business.”
Local retailers will be able to offer several different kinds of deals, including one-time offers and loyalty rewards, as well as “friend deals,” for those who check in and “tag” multiple friends. Mark Zuckerberg, the founder and chief executive of Facebook, said it would be difficult to defraud the system because people will be required to be present at a store in order to redeem the coupon.
To start, the new feature is available only through the Facebook iPhone application. Android users can find local deals through a dedicated mobile Web site.
Facebook’s deals program borrows heavily from location-based social networks like Foursquare, Loopt and Gowalla, which have long been experimenting with similar ways to offer rewards and deals on cellphones.
Facebook’s large user base, which exceeds half a billion people, gives the company a clear advantage over smaller competitors that have only just begun to gain traction, said Ray Valdes, an analyst at Gartner.
“Facebook is now the largest photo-sharing site on the Web and the largest invite service on the Web,” he said. “Getting into the local deals business might have the same effect. Competitors will have to maneuver in order to not be at a disadvantage and get squashed.”
Facebook’s announcement also places the company more squarely in Google’s line of sight, as both companies battle to be the primary hub for both businesses and consumers on the Web. In recent months, Google has taken steps to bring more small businesses online and help users find those businesses more easily.
Analysts say the two companies are competing to tap the market for mobile advertising and search, which is still in its infancy. For retailers, the Facebook feature offers the chance to establish online connections with real-world customers and learn more about them.
Another advantage Facebook has over Google is a way to exploit the social connections of its users. As they cash in on deals, alerts are published to their Facebook news feeds, alerting people in their network to the offer and broadening the number of people who know about it.
“Each of these announcements may seem like a small thing, but it adds to the centrifugal force that Facebook has in the evolving modern Web,” said Mr. Valdes.
Mr. Zuckerberg said the announcement aligned with Facebook’s larger goal of building a social Web that, increasingly, is also mobile.
To illustrate the point, he said 200 million people were now using Facebook through its mobile application, a threefold increase since last year.
“Think about Android and iPhone,” Mr. Zuckerberg said. “This is a much bigger footprint than that. The only bigger platform is the mobile Web itself.”
No winners yet in Senate races in Alaska, Washington - USA Today
Colorado Senate: Michael Bennet Takes Razor Thin Victory - CBS News

CBS News is now projecting that Democrat Michael Bennet will win the Colorado Senate race over Tea Party-backed Republican Ken Buck in what was an extremely close contest.
With 3156 out of 3246 precincts reporting, vote totals show Bennett leading Buck 794,724 to 779,280. That's a difference of just 15,444 votes.
The Associated Press, Fox News and the Denver Post projected the race for Bennet earlier today. CBS News declined to make such a call until now because of outstanding ballots and the possibility of a recount.
According to the Post, a recount takes place if the difference between the candidates' voter totals is less than one half of one percent. The difference between the two is about twice that now.
Bennet claimed victory this morning, thanking "the thousands of Coloradans who made this victory possible, who gave so much to our campaign, knocking on doors, making calls, and working tirelessly to ensure we leave more opportunity to the next generation."
"Yesterday, Colorado chose to move our state and this country forward. I will do everything I can to live up to the confidence you have placed in me," he said. Bennet was appointed to the seat to replace Secretary of the Interior Ken Salazar.
Buck conceded and called Bennet to congratulate him this afternoon. His campaign said Buck told Bennet that "while the final margin in the race is very small, Colorado voters have spoken and he wishes Senator Bennet well."
Buck's apparent loss is a blow for the Tea Party movement, which on the Senate side had a rough night last night. There are now three Tea Party-backed candidates - Buck, Nevada's Sharron Angle and Delaware's Christine O'Donnell - who lost in seats that Republicans might plausible have won with stronger candidates.
Democrats are now projected to control at least 52 seats in the new Congress. Two races remain outstanding: Washington, where Democrat Patty Murray holds a slim lead with many precincts yet to report, and Alaska, where the results might not be known for weeks.

Murray lead in King County grows; more vote totals coming - Seattle Times
UPDATE 4:58 p.m. Democratic U.S. Sen. Patty Murray slightly widened her lead over Republican challenger Dino Rossi as counties statewide counted about 143,000 more ballots this afternoon.
In King County, which counted 50,716 ballots, Murray's lead grew from 88,751 votes to 105,639. That gives her a lead of 62.6 percent to 37.4 percent -- a spread that widened slightly with the new votes. Based on King County's estimated voter turnout of 68 percent, there are may be 300,000 or more ballots still to count here.
The trend that bodes poorly for Rossi. He took 40 percent of the King County vote in his 2004 virtual tie with Gov. Chris Gregoire.
With results still trickling in, Rossi picked up a net gain of 3,262 votes out of Spokane County today, which counted an additional 23,218 ballots. That county, which Rossi is leading 56.4 to 43.6 percent, has about 80,000 more ballots to still to count.
In Pierce County, Rossi continued to lead Murray slightly. With about 20,000 more ballots counted today, Rossi led Murray by 1,920 votes out of 195,390 counted.
Snohomish County expects to release a count of about 15,000 votes later this evening. Murray is leading slightly there. We'll update as new numbers come in, and as we reach the campaigns for comment.
Statewide, Murray now leads 50.8 percent to Rossi's 49.2.
UK's Cameron To Reveal Plans For Tech City In East London - Wall Street Journal

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LONDON (Dow Jones)--U.K. Prime Minister David Cameron Thursday will announce plans to create a new technology city in London's East End and to launch a review of intellectual property laws in a bid to encourage U.S.-style innovation.
In a speech to high-tech businesses and entrepreneurs, Cameron is expected to name technology heavyweights like Google Inc. (GOOG), Intel Corp. (INTC) and Facebook as long-term investors in an area that runs from the Olympic Park being developed for the 2012 ...





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