An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
December 18, 2012 12:31 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SK35y9JnVzc/
Yelps Stock Dips After Facebook Barges Into Local Search And Reviews With Nearby
Facebook this afternoon released a new feature called "Nearby" that lets users search and review businesses such as restaurants, hotels and bars -- and it looks like Wall Street received the memo quite quickly.The stock price of reigning online search and review site Yelp started taking a dive almost immediately after news of Nearby emerged at around 11am Pacific Time, 2pm Eastern. Within 20 minutes after Nearby launched, Yelp's stock had taken a swift drop of more than 3.65 percent to as low as $18.50 a share.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SK35y9JnVzc/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch