Yelp shares are surging more than 12% today, trading up to an intraday high of $26.49. The stock continues to rally following last week's solid Q2 earnings report. For the June quarter, revenue advanced 66.8% to $32.7 million, beating the consensus estimate of $30.6 million. Average monthly unique visitors rose 52% from a year ago to 78 million.
Yelp shares finished the week up 25%, including a 12% gain today on big volume of 1.1 million shares. The stock recovered 39% from its post-IPO low of $14.10 from Monday, but is still well off the March 28 high of $31.96.
@Noreen, given the power that Twitter has wielded in the customer service/complaint area, Grapevine may have a fight on its hands, but imagine two sites dueling it out for the betterment of the consumer. The mind reels!
great Facebook analysis: It's become boring.
Boring; one of the worst things that can be said about anything that lives and dies by engagement. Lying, cheating, betrayal of trust - all of these things are terrible, but can be overlooked if there's still some spice left. It's when you find that something has nothing left to offer - that's the kiss of death.
Let's face it - most of your friends are boring when it comes to the written word. There is a very (very, very) short window for giving a damn when it comes to breakfast choices and canine anecdotes.
Well they may be making fewer decisions based on FB data: A recent poll from Reuters/Ipsos found that 34% of Facebookers said they were spending less time on the site than they were just six months ago. Not only that, but almost 50% of users said that they just spend the same amount of time as they are used to spending.
What kinds of decisions do you think companies are making on the basis of the data they buy and collect?
that's a huge question. The challenge lies both in protecting the data and interpreting it correctly-identifying the why as well as the what behind it.
Re: Data
driven
6/7/2012 7:49:06 AM
How can companies protect the integrity of the data they collect?
Re: Data
Dex
6/7/2012 7:38:04 AM
How valid is the daa that Facebook is selling if people create bogus accounts and distort their perceptions to get coupons or deals, or to hide their real feelings from their friends?
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