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Google Fails to Land Groupon

Google Fails to Land Groupon

Last week, we saw reports of talks between Google and Groupon. Now it seems that Google has failed to snag the rapidly growing startup, with Groupon choosing to remain independent for now. Fortune explores whether this failed bid is another sign of the changing times:

Fortune - Maybe it's something about the holiday season that leaves Eric Schmidt wishing the company had a killer local business offering up its sleeve, but whatever the case, that marks two failed acquisitions of social or local-oriented startups. (His successful 2005 acquisition of Dennis Crowley's Foursquare precursor, Dodgeball, came at a different time in tech, and anyway, Google ended up shutting it down and alienating Crowley.)

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