Deal Between Google and Yelp Called Off
The all-but-signed-and-sealed deal between search giant Google and review site Yelp has apparently been called off.
Last week TechCrunch cited several sources that said Google was in final-stages negotiations to buy Yelp for over $500 million. However, this week, reports say the whole deal has fallen apart.
According to TC sources, the people at Yelp contacted Google over the weekend to say they weren't going to sell. Details as to why they suddenly got cold feet and walked away from the deal are thin on the ground.
Michael Arrington speculates that another big-name company like Microsoft or Apple came to Jeremy Stoppleman with an attractive offer, giving him the confidence to say no to Google. That said, information gleaned from sources so far suggests that Yelp will stay independent for the time being.
Read the full story here.
- Net Campaign Helps RATM Become Xmas No.1
- Man Jailed for Killing Wife with TV Remote
- Project Natal Lag Will Restrict Development
- UFO Spotted Above the Kremlin in Moscow
- Sony Considering Premium PSN Subscriptions
- LG Reveals World's Thinnest LCD TV, Again
- Verizon: ETFs Help the Poor Afford Smartphones
- Saturday Night Live Skit Disses the iPhone
- Nanotech Helps Create Paper-based Batteries
- Top 15 Facebook Status Updates Trends of 2009
- Apple's Cable Plans Gets Disney, CBS Support
- PICTURED: The Google Phone Unboxed
- The Wristwatch for the James Bond Wannabe
- Firestarter Looks Like FPS Weapon
- YouTube Launches Youtu.be
- Wolverine Pirate Calls Charges ''Ridiculous''
- Mom Calls Cops over Son's Game Addiction
- 1 in 5 Divorces Blamed on Facebook
- Parents of Balloon Boy Hit With $42,000 Fine
Who's Michael Arrington?
What's Yelp anyways, never heard of it before.
Yelp is yelping for more $$$.
nice job on not fixing/remo\/ing the broken/trashy ad's toms!
So.....
Someone Did get stepped on! Yelp!!!
nice job on not fixing/remo\/ing the broken/trashy ad's toms!
* What Ads? *
I don't see a single Advertisement anywhere on Tom's site.
Then again, it helps that I'm using FireFox with Adblock Plus 1.1.2 along with OpenDNS and that my system is completely clean.
Being courted by Google with a buyout offer, what a great way to boost your stock price. Hrmmm, makes you wonder if someone was running a pump and dump.