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Yelp Earnings Released, Revenue Up 68%

Yelp has just released its earnings report for the third quarter. Revenue was up 68% year-over-year at $61.2 million for the quarter. The company beat Wall Street expectations for revenue, but earnings per share weren’t as good as expected at $0.04. Cumulative reviews grew 42% year-over-year reaching over 47.3 million. Average monthly unique visitors were…
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Yelp Lawsuit Seeks Wages for Yelpers

- 1 week ago @ newsobserver.com: That's why the owners of the Raleigh shop are concerned about the filtering of online reviews on Yelp, a website that allows customers to rate and review businesses. The site has a practice of filtering reviews and showcasing ones that have been chosen ...
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Quoted: Won't work for food — the class-action lawsuit against Yelp

- 3 days ago @ eater.com: According to the suit, Yelp has "devised a system of cult-like rewards and disciplines to motivate" writers in lieu of monetary compensation, including "trinkets, badges, titles, praise, social promotion, free liquor, free food, and free promotional ...- 1 day ago @ searchenginewatch.com: Yelp A lawsuit filed in California is seeking employment…
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3 Buzzing Social Media Stocks: Facebook Beats Estimates, Twitter's Flight Date …

Facebook Inc. (NASDAQ:FB): Earnings per share of 25 cents trounced estimates by 6 cents, as revenue of $2.02 billion also beat, by $110 million. Mobile ad sales grew 34 percent over the second quarter, to $880 million, making up 49 percent of all ad sales. Total ad sales saw gains of 13 percent quarter over quarter and 66 percent year…
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Yelp Reviewers Sue for 'Unpaid Wages'

- 1 day ago @ mnn.com: A group of Yelp reviewers has filed a class-action suit against the review website, claiming they are really “unpaid writers” and deserve to be paid for their reviews of restaurants and other businesses. Yelp, if you are unfamiliar with it, is a user ...- 3 days ago @ fastcompany.com: A group…