Uber hires former Amazon/Groupon exec as chief product officer

Uber has hired Jeff Holden, until recently a vice president at Groupon, to become its chief product officer. We got to know ex-Amazonian Holden when he launched Pelago, makers of Whrrl. The app failed to get major traction because it was ahead of its time and was acquired by Groupon. Holden, however impressed us deeply then with his clear insights about the market. At Groupon too he continued that streak. It is a great hire for Uber, which could use direction and focus as it builds out the last-mile mobility infrastructure. I wouldn’t be surprised to see a more hyper-personal version of Uber come to market in the near future.

GigaOM Reads: A look back at the week in tech

Groupon CEO Andrew Mason fired, Google CEO Sergey Brin feels emasculated by phones but not by nerd glasses and Yahoo CEO Marissa Mayer is putting an end to remote work. Plus Oscars & Fashion. Here is our take on the week that was!

CEO Andrew Mason is out at Groupon

Groupon CEO Andrew Mason will be leaving the company he announced Thursday after a disastrous company earnings call on Wednesday.

Groupon targets restaurants with Breadcrumb iPad payment system

Groupon is increasing its bet on payments with the introduction of Breadcrumb, an iPad point of sale system designed for restaurants and hospitality customers. The move pits Groupon against Square Register and shows how Groupon continues to expand beyond daily deals.

With Savored buy, Groupon moves further away from daily deals

Groupon has bought New York City-based discount reservation service Savored, which offers diners up to 40 percent off their meals in exchange for making a reservation at a specific time. The acquisition complements Groupon Now, but distances Groupon even more from its core daily deals product.

Groupon rolls out its own Square competitor

Groupon has joined the mobile payment race with Groupon Payments, which provides a mobile payment service similar to Square. It’s part of a larger effort to build up its merchants services tool and create a new business outside of daily deals.