It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy ... more 
It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy shutdown of its local-events business. And, of course, the growing perception by many investors and consumers that daily deals companies are doomed. According to the official summary of their last meeting, Federal Reserve policy makers were edging closer to scaling back their huge stimulus efforts, despite new concerns that growth may prove disappointing in the second half. This may be surprising, but most Americans really don't like their cable companies. Research firm Temkin Group has just released a massive customer satisfaction survey of around 10,000 American consumers and has found that pay TV companies account for the six of the seven worst-rated companies in the United States. less 
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Wochit
Wed, Aug 21, 2013 4:50 PM EDT