President Barack Obama blew Mitt Romney away when it came to raising money from employees of America’s top technology companies, according to Nate Silver. Maybe that had something to do with the president’s ability recruit talent to build his campaign’s much-ballyhooed IT infrastructure. [NYT]
Reddit co-founder Alexis Ohanian just wanted to make the world Read More
Law and Order
Anyone searching for cheap, counterfeit sports memorabilia, media, clothing and jewelry today may be disappointed. In conjunction with other law enforcement agencies around the world, U.S. authorities have taken down 132 domain names as part of their Project Cyber Monday. This marks the third year for the project, which goes after sites identified as sources for fake, illegal goods.
Immigration and Customs Enforcement (ICE) issued a statement about the take-downs, which noted authorities targeted sites meant to fool unwitting consumers “into unknowingly buying counterfeit goods as part of the holiday shopping season.”
Some data from Fab.com’s blog-happy CEO Jason Goldberg, who checked in with some data earlier this week from Fab’s Cyber Monday sale. Mr. Goldberg includes a triumphant illustration that would be a hockey stick if it weren’t a bar graph (and if it included all those early pivots). But as such, Fab’s orders by month have been steadily growing and in November, the company had what looks like more than a 33 percent increase, likely due to the big sale. Fab did more than $1.1 million in discounted deals
on Monday alone Friday through Monday, the company reports.
Just a quick hit from the front lines of the e-commerce madness. One of New York’s big daily deal players, ideeli, just fired off an email on their Black Friday sales. The economy as a whole may be in the toilet, but that’s not showing up in their numbers.
- ideeli doubled revenue over last year for the Black Friday weekend.
- Visits to the site were up 30% over last year during the same period.
- Conversion rate was up 50%. Not only did more customers visit, they bought more.
- Over the Black Friday weekend, mobile traffic was double compared to same period last year. ideeli is now seeing over 20% in sales coming from mobile devices.
- Cyber Monday sales were up 36% as of 2pm yesterday.
The dark economic climate may in fact be contributing to ideeli’s success.