Ecommerce Industry Roundup – Week of 10/29/12

Our thoughts and prayers with everyone that was affected by Hurricane Sandy last week. This is the digital news and tech headlines that grabbed our attention last week:

In-Text Commerce Startup Cemmerce Raises Another $500K via TechCrunch: Cemmerce, an Israeli startup helping publishers monetize through affiliate linking, has raised $500,000 in new funding. Cemmerce pitches itself as a new way for publishers to monetize their content.

Now Amazon Can Easily Win The $100 Billion Local Commerce Market And The $150 Billion Smartphone Market via Forbes: Forbes thinks that Amazon should buy LivingSocial and Groupon and turn it into Amazon Deals.

Pinterest competitor Fancy hauls in $26.4M via GigaOM: Fancy, a social discovery and shopping site that competes with Pinterest, has raised $26.4 million according to a new filing with American Express vice chairman Ed Gillespie joining the board of Thing Daemon, the company behind Fancy.

Sandy Prompts Louder Calls For Free Wi-Fi via Fast Company: If the Electronic Frontier Foundation and New America Foundation have their way, Hurricane Sandy will mean the end of password-protected Wi-Fi networks. On Tuesday, a new advocacy effort called the Open Wireless Movement was launched to promote free, open-access wireless Internet. Besides the EFF and New America Foundation, other partners in the initiative include NYCwireless, the Internet Archive, and the Open Spectrum Alliance.


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