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Yelp Stock Falls After Q4 Loss Worse Than Expected

Shares of reviews company Yelp (YELP) were down nearly 5% in afternoon trading Thursday after the company late Wednesday posted a wider loss than Wall Street expected, despite a sales beat. San Francisco-based Yelp said it lost 8 cents per share, where analysts expected a 4-cent loss, according Thomson Reuters. Sales rose 65% to $41.2…
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Yelp Earnings: 8-Cent Loss on $41.2 Million Revenue vs. Expectations of 5 …

Yelp on Wednesday reported a greater-than-expected loss for the fourth quarter as marketing expenditures grew 59 percent even as net revenue rose 65 percent. After the earnings announcement, the online review site saw its shares fall more than 5 percent in extended-hours trading. (Click here to get the latest quotes for Yelp.)Yelp reported a fourth-quarter…
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Yelp reports narrower loss as revenue climbs

SAN FRANCISCO (AP) — Online reviews site Yelp Inc. reported a narrower fourth-quarter loss on Wednesday as visitors to its website and apps grew from a year ago, before it had gone public.The company lost $5.3 million, or 8 cents per share, in the October-December period. That compares with a loss of $9.1 million, or…
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Yelp CEO: We're not scared of Facebook

Facebook’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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Google, Merck, Gruyere, Newzbin2: Intellectual Property

Google Inc. owes its creation partly to a patented software algorithm for ranking documents in a database, issued to company founder Larry Page and owned by Stanford University. The world’s largest search-engine company contends that too many other software patents hurt innovation more often than they lead to viable businesses. Google, along with JPMorgan Chase…
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Buzz Stocks: Google Inc, JPMorgan Chase & Co., Visa Inc, and US Airways

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US stock index futures signal mixed open

PARIS | Thu Feb 7, 2013 9:55am GMT PARIS Feb 7 (Reuters) - U.S. stock index futures pointed to a mixed open on Wall Street on Thursday. Futures for the SP 500 were down 0.05 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures up 0.05 percent at 0933 GMT. * European shares…
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Google Joins JPMorgan in Seeking Software Patent Limits

Google Inc. owes its creation in part to a patented software algorithm for ranking documents in a database, issued to company founder Larry Page and owned by Stanford University. The world’s largest search-engine company contends that too many other software patents hurt innovation more often than they lead to viable businesses. Google, along with JPMorgan…
Posted inNews From Around The Web Yelp Lawsuit

How Yelp Could Create More Accurate Reviews

Image via CrunchBase How, then, does a consumer make sense of the spate of opinions, many of which contradict each other? New research suggests a scientific way to aggregate reviews in a way that makes ratings more meaningful to consumers—and fairer to the businesses they review. Michael Luca, an assistant professor at Harvard Business School,…