LivingSocial has raised $176 million in a private offering according to an SEC filing. Investors in this round include Amazon.com, U.S. Venture Partners, and Steve Case’s Revolution Ventures. Code Advisors and JP Morgan oversaw the deal and made $5 million in the process. LivingSocial offered $400 million worth of stock and sold a portion of it. About $224 million of stock still available. The final $224 million is expected to be bought in the next several weeks or months. This round of funding will be used for operations and expansion such as setting up a new company headquarters. [BusinessInsider]

Enterprise IT company SAP AG (NYSE:SAP) is acquiring SuccessFactors for $3.4 billion or $40 per share. The transaction was made entirely in cash and is expected to close early next year. This is a 52% premium above Friday’s closing price.

The stock price of Netflix, Inc. (NASDAQ:NFLX) has plummeted about 34% in heavy trading today. This is one day after the company announced a loss of over 800,000 subscribers. The company is also expecting to lose many more subscribers after adjustments to the new separation of DVDs and streaming services model. The stock price is trading at about $78.01 as of the time I am writing this article. Yesterday, the company’s stock was trading at about $93.30. In July, the company’s stock was at $300. Since July, Netflix has lost a market value of about $9.76 billion.

Palantir Technologies has raised $70 million in Series F funding. Palantir’s total funding is now roughly $200 million. The valuation of the company is now around $2.5 billion. Two unnamed hedge funds participated in this round of funding.

Apple Inc. (NASDAQ:AAPL) has cut down orders to vendors in their supply chain for the iPad according to JPMorgan Chase & Co. (NYSE:JPM). This will directly affect sales at Hon Hai Precious Industry Co.

Internet radio company Pandora Media Inc (NYSE:P) has gone public today. Pandora priced their shares at $16. Pandora opened at $20 and jumped to $26. This is an increase of over 60%.

Groupon Inc. has hired Goldman Sachs and Morgan Stanley as the lead underwriters for an IPO that they are planning for later this year according to sources with The Wall Street Journal. Groupon is expected to be valued at between $15 and $20 billion when the company goes IPO. JP Morgan Chase & Co. is expected to be a co-manager for the IPO according to the same sources.

AVG Technologies has entered a credit agreement with JP Morgan and Morgan Stanley. The company has secured a five-year term loan for $235 million in their first capital markets transaction. AVG said that the financing will give them resources to realize strategic growth opportunities. AVG was founded in 1991 and their anti-virus software is used by over 110 million consumers and small businesses. [TechCrunch]