Yelp
Today in Tech: Apple created how many U.S. jobs?
March 5, 2012: 3:30 AM ETFortune's curated selection of tech stories from the weekend. Sign up to get the round-up delivered to you each and every day.
Yelp CEO Jeremy Stoppelman.
* In a first for Apple (AAPL), the Cupertino-based tech giant published the results of a study reporting that it had "created or supported" 514,000 American jobs. Abroad, Apple says it has created almost 700,000 jobs. (Apple via The New York Times)
* Shares of Yelp, the local business reviews site, climbed 64% Friday in its initial public offering (IPO), from $15 per share to $24.58 per share. (CNNMoney)
* Foursquare co-founder Naveen Selvadurai is leaving the location-based social network after three years. Wrote Selvadurai in a blog post: "I've worn a ton of hats: from product to engineering, from funding rounds to roadshows, from recruiting to evangelizing. But ... i feel i've done all i can do and i'm moving on. (next [STREAM])
* Prabhakar Raghavan, head of Yahoo's Labs unit, is leaving for Google (GOOG). According to All Things D, the move precedes what may be cuts in his department. (All Things D)
* Square, the mobile payments startup from Jack Dorsey, is now processing $4 billion in payments per year, double what was announced last October. (TechCrunch)
* One startup quickly gaining buzz in the Valley: Highlight.The startup is positioning the iPhone-only app as a "people discovery" tool that automatically alerts users to people nearby with common connections and interests. (CNET)
* There's a new kind of programmer supposedly emerging, the "brogrammer," or "developers who are much more sociable an alike to go out and have fun." (Bloomberg Businessweek)
* A by-the-numbers comparison of the Apple Store versus the Microsoft Store. (Fortune)
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Today in Tech: Why 2012 will be huge for Internet IPOs
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* With both Facebook and Yelp poised to go public next year, the tech industry may raise $11 billion next year, making 2012 the biggest year for U.S. Internet IPOs since 1999 -- a year before the dot-com bubble burst. (Bloomberg)
* Should Research in Motion co-CEOs Jim Balsillie and Mike MORE
JP Mangalindan, Writer - Dec 29, 2011 6:00 AM ET -
Today in Tech: Is Amazon making a smartphone?
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
* Hot on the heels of the Kindle Fire's launch comes speculation from Citigroup researchers that Amazon (AMZN) will launch a smartphone during the fourth quarter of next year. "Based on our supply chain check, we believe FIH is now jointly developing the phone with Amazon," writes Citi analyst MORE
JP Mangalindan, Writer - Nov 18, 2011 3:30 AM ETPosted in: Amazon, Android, AOL, Brad Garlinghouse, Galaxy Nexus, Heather Harde, Mark Mahaney, Yahoo, Yelp, Zynga -
Google gave 'the ultimatum only a monopolist can give'
What Yelp CEO Jeremy Stoppelman told the Senate antitrust panel about Google
As feared, the Senate hearings Wednesday on "The Power of Google: Serving Customers or Threatening Competition?" barely scratched the surface.
What Google (GOOG) did to Apple (AAPL) -- copying Apple's touchscreen operating system and offering it to Apple's competitors for free -- never came up. Amy Klobuchar (D-Minn.) and Chuck Schumer (D-NY) used much of their time to suck up to Google MORE
Philip Elmer-DeWitt - Sep 22, 2011 7:00 AM ETPosted in: Amy Klobuchar, Antitrust, Apple, Chuck Schumer, Eric Schmidt, Google, Jeff Katz, Jeremy Stoppelman, Nextag, Senate, Yelp -
The antitrust case against Google
The Senate hearings scheduled for Wednesday will only scratch the surface
Apple (AAPL) is conspicuously absent from the witness list for Wednesday's hearing on "The Power of Google" before the Senate Judiciary Subcommittee on Antitrust, Competition and Consumer Rights. Yelp! and Nextag will be represented, but Google (GOOG) has stepped on a lot more toes than theirs to maintain and extend its dominance of the Internet's sustaining source of revenue -- advertising MORE
Philip Elmer-DeWitt - Sep 19, 2011 7:38 AM ETPosted in: Antitrust, Apple, Eric Schmidt, Google, Microsoft, Mobile, Monopoly, New York Times, Nextag, U.S. Senate, Yelp -
10 reasons to hate Google
How can this company, asks Brian S Hall, complain about anti-competitive behavior?
The open letter by Google's (GOOG) chief legal counsel attacking Apple (AAPL) and Microsoft (MSFT) and calling for government intervention (see here) has unleashed a flood of outraged responses, but none quite so full throated as the one posted by Brian S Hall on his Smartphone Wars blog.
The nut paragraph:
"If you have a monopoly business and generate monopoly profits and MORE
Philip Elmer-DeWitt - Aug 5, 2011 7:07 AM ETPosted in: Apple, Brian Drummond, Brian S Hall, Google, Larry Page, Microsoft, Monopoly, Patents, Sergey Brin, Yelp -
Google's Groupon groping reveals the shifting power in the web world
First Yelp, now Groupon: Why hot startups -- especially those holding the key to "local" -- keep slipping through the search giant's fingers.
While the official confirmations have yet to land (and my colleague Dan Primack is following up on Groupon CEO Andrew Mason's hopefully tongue-in-cheek offer to discuss the finer points of his affection for miniature dollhouses), it's looking like talks between Google and Groupon have fallen apart. The situation MORE
Paul Smalera - Dec 4, 2010 2:09 PM ET -
Three reasons Google wants Groupon
Is $5.3 billion an astronomical amount to get the popular deal-a-day web site? Not really. Here's why.
If Google's $5.3 billion offer goes through later this week as suggested, it could be Groupon's lucky day.
Not that luck has been really necessary for the Chicago-based, deal-a-day e-commerce site, which delivers daily discounts and deals from local businesses to 30 million users across 500 markets in 30 countries. Since CEO Andrew Mason launched MORE
JP Mangalindan, Writer - Nov 30, 2010 3:52 PM ETPosted in: Accel Partners, Andrew Mason, Battery Ventures, Daylight Saving Time, Facebook, Facebook features, Google, Groupon, Yelp -
Yelp's COO: We want to be independent (for now)
Despite rumored bids from Google and Yahoo and lawsuits from disgruntled small businesses, Geoff Donaker says the popular listings service is right where it wants to be -- connecting with the young and affluent.
Over the last year, popular business listings site Yelp experienced several notable developments -- and not all of them were welcome. The company founded in 2004 by former PayPal employees Jeremy Stoppelman and Russell Simmons, now serves MORE
JP Mangalindan, Writer - Oct 12, 2010 11:56 AM ETPosted in: Chief operating officer, Geoff Donaker, Google, iPhone, Jeremy Stoppelman, Mobile, New York, PayPal, Yahoo, Yelp -
Elevation's $100 million Pandora stake: jinx?
After years of stasis, Pandora is on the verge of being rewarded for recent growth with a fat check. But can Elevation Partners' Roger McNamee -- even with U2's Bono in the backseat -- pick a winner?
By Chadwick Matlin, contributor
Pandora, that online music station you likely have open in another tab right now, is on the verge of adopting a new sugardaddy. Elevation Partners, the venture capital firm most famous for its MORE
Aug 26, 2010 11:47 AM ET
