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Booting Up: Groupon Names its Interim CEO as its Real CEO

Groupon.

Groupon.

The S.S. Groupon might be finally veering into steadier waters: The daily deal site deleted the interim tag from Eric Lefkofsky’s name, meaning it finally has a CEO. That sent shares up 20 percent. [AllThingsD]

YouTube founders are releasing their own Vine and Instagram competitor today called MixBit. It appears easier to edit videos than the other two apps and lets users record a full 16 seconds of film. [New York Times]

Bebo’s back! Site founder Michael Birch released a weird video celebrating its return proclaiming “The new Bebo will be very different from the old one” then showed some phallic artwork. [Business Insider]

Facebook is trying out a trending topics section. [TechCrunch]

Kara Swisher, a former Washington Post employee, has some unsolicited advice for its new owner Jeff Bezos. [AllThingsD]

Follow Jordan Valinsky on Twitter or via RSS. jvalinsky@observer.com