Video Daily: Woot acquired by Amazon

Amazon has announced it will purchase the popular site Woot.com, the site that became famous for selling just one item at a time, usually at a large discount from its normal prices. Retailers use sites like Woot to either dump excess inventory or introduce new customers to their brand of products. Consumers, on the other hand, get the thrill of racing other would-be buyers for a sharply ... [ read the full article ]