With daily deals shrinking and Groupon stock tanking, CEO Andrew Mason spent yesterday’s earnings call trying to hype Groupon Goods to sell discounted merchandise to customers. The company’s long-awaited moment of reckoning practically moved Farhad Manjoo to song. [Slate]
Twitter cofounder Evan Williams unveiled Obvious Corp’s new project: a publishing tool called Medium. It’s “an evolutionary leap,” if he does say so himself. [Medium]
How is Steve Ballmer planning to move Microsoft Surface tablets off the shelves? At the low, low price of $199! Please tell us he’s starring in an infomercial to go along with it. [PC World]
OrderAhead, a Y Combinator startup that lets you order takeout in advance and pick it up yourself, raised $2.3 million from Eric Schmidt, Quora’s Adam D’Angelo, and others. Like Seamless, but with more exercise. [TechCrunch]
Follow Nitasha Tiku on Twitter or via RSS. ntiku@observer.com

