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Yelp has multiple and mounting challenges on its plate
DigitalI believe that despite Yelp’s recent success, there can only be two possible endgames for the San Francisco-based company — it will either get marginalized into obscurity by Facebook and Google, or it will be bought out by a larger company, such as Yahoo. Meanwhile, Yelp introduced display ads in France and Spain during the [...]
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Yelp cites Apple partnership as driving force in first quarter revenue growth
DigitalYelp Inc., owner of a website that compiles consumer reviews of local businesses, reported first-quarter revenue that exceeded analysts’ estimates as a push into new markets helped bring in more advertisers. Sales climbed 68 percent to $46.1 million, the San Francisco-based company said today in a statement, topping the $44.5 million average analyst prediction compiled [...]
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Facebook’s latest mobile push aims at local discovery, Yelp and Google Plus
DigitalFacebook Inc. is overhauling its Pages service with features for wireless devices that help users quickly find business information, another sign the company is ramping up efforts in mobile. The revamp, the most extensive in a year, is the first Pages upgrade to begin on mobile instead of the desktop version, said Matt Idema, head [...]
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Probe of Google’s anti-trust activities is not off the table
DigitalThe head of the U.S. Justice Department’s antitrust division, speaking at a Senate hearing, didn’t rule out the department starting another probe of Google Inc.’s business practices if new allegations emerge. Utah Republican Senator Mike Lee today asked Assistant Attorney General William Baer whether the U.S. Federal Trade Commission’s decision in January to close a [...]
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TripAdvisor targets Yelp as it dives deeper into restaurant data
DigitalAt least TripAdvisor doesn’t operate an airline yet. It is doing just about everything else in travel. A Los Angeles-based data company, Factual, announced it will begin providing TripAdvisor with restaurant data “to complement TripAdvisor’s dining options and reviews.” “The data which Factual provides includes everything from location, hours of operation, cuisine type, valet parking [...]
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Yelp CEO: We’re not scared of Facebook because of our depth of content
DigitalFacebook’s new Graph Search emphasizes restaurants, but Yelp CEO Jeremy Stoppelman says no competitor is going to torpedo Yelp, at least “overnight,” because the Yelp community has “generated deep, rich content” that’s difficult to replicate. Stoppelman’s remarks were directed to financial analysts today after the company announced that its fourth quarter of 2012 loss narrowed [...]
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Who would buy Yelp if it sells now?
DigitalShares of the local search and reviews company Yelp have fallen about 7% since Facebook announced its new search tool Tuesday. The threat of Google though, is tough to overstate..Google Maps was downloaded by over 10 million iPhone users in just the first two days in Dec. Yelp may want to sell itself quickly. The [...]
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Facebook Graph Search test drive: Can the social networking giant find you a good restaurant?
DigitalYesterday, on the day that Facebook announced the closed beta of its Graph Search, which enables you to search Facebook for nearby restaurants and music your friends like, among other options, Yelp’s stock price plunged more than 7% — and it dipped even further today. There’s the fear that Facebook’s search refinements will be a [...]
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How Facebook’s Graph Search could change the face of local search and travel
DigitalFacebook this morning unveiled a massive new product called “Graph Search” at a press event at its Menlo Park, California headquarters. While the impact of this debut will be settling in for a while, one thing seems clear from an early demo of the product: Thanks to Graph Search, Facebook is about to be much, [...]
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Yelp and Angie’s List ruling provides guidance for online reviews: No false factual statements
DigitalA Fairfax County woman being sued for defamation over negative reviews she wrote on Yelp and Angie’s List must delete certain accusations and is barred from repeating them in new posts, a judge ruled Wednesday. The preliminary injunction was hailed as a victory by a D.C. contractor, who took the woman to court claiming that her online [...]
