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Starbucks is launching a new digital network Wednesday that it says will give customers access to free e-books, movies and access to some paid news sites. The move is meant to attract customers and customer loyalty, and also to provide Starbucks with a new revenue stream.
AOL's fast-growing, hyper-local news company Patch rolled out coupons on its sites last month. So far, the coupons appear to be of the traditional variety, but considering Patch's overall strategy and boots-on-the-local-ground base, I'd bet that it has a Groupon-clone under development.
Watch out, Groupon: Local reviews site Yelp has begun rolling out weekly deals in a number of cities. While the group buying site has a big leap on Yelp, there are many reasons why the latecomer could bridge the gap quickly.
Google appears to be negotiating to buy the popular local business-review site for as much as $500 million. That would help make Google a website that offers both global and local information -- and become more of a one-stop destination for consumers.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.10-0.09
-1.04%
149.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
94.27M
PBR
Petroleo Brasileiro S.A. (ADR)
29.60-2.39
-7.47%
23.82M
GE
General Electric Company
18.92-0.22
-1.12%
23.49M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
13.67M
LNKD
LinkedIn Corp.
88.72 +12.33
+16.14%
8.26M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
94.27M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.64M

% Losers

KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
3,679
KV-A
K V Pharmaceutical Co. Class A
2.17-0.44
-16.86%
1.06M
NBG-A
National Bank of Greece SA (ADR)
5.71-1.04
-15.41%
79,114
OC-B
Owens Corning (Warrant) 'B'
2.27-0.38
-14.34%
12,194
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