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Yelp Pays $50M To Acquire Its Big European Rival, Qype, To Beef Up Its Recommendations And Listings Business
Oct 24, 7:45AM
This just in: online recommendations and listings site Yelp is stepping up its international push and buying its biggest rival in Europe, Qype. It will pay €18.6 million for all of Qype's shares and is adding another 970,000 shares of Yelp's Class A common stock, for a total purchase price of approximately $50 million. Qype is headquartered in Germany, with operations also in the United Kingdom. Combined, the two will have a service covering some 93 million monthly unique visitors and 32 million reviews, Yelp's CEO Jeremy Stoppelman noted in a blog post. That should help Yelp compete better against the likes of Google, which combines its search, listings, user feedback and maps into a powerful product to rival that of Yelp's.I Come Back To You Now At The Turn Of The Tide
Oct 24, 6:59AM
A year ago sucked. I mean, it was actually great, but it sure seemed to suck at the time. We were getting CrunchFund off the ground and I think everyone thought we were going to do that in full conjunction with Aol — they were and are the largest limited partner of the fund, after all.Amazon Looks East: Launches First Japanese Language Kindle, The Paperwhite, And Debuts Japanese Kindle Store; Kindle Fire Also Now Shipping
Oct 24, 6:45AM
Take that, Rakuten! Amazon continues to extend its reach into new markets and increase its focus in Asia: today it announced pre-orders for its first Japanese-language Kindle, the Paperwhite, and, in another first, it has now extended its Kindle Store into Japan, opening it with 50,000 titles in the library. It also today kicked off sales of the Kindle Fire HD and Kindle Fire in the country.Starting With 'Hollywood Poker' Launch, PLAOR Aims To Bring Celebrity Glitz To Online Gaming [TCTV]
Oct 24, 3:45AM
Thanks to the growth of the web, our pop culture celebrities seem closer to us regular folk than ever -- we can Tweet to them, see their personal snapshots on Instagram, access their performances and behind-the-scenes outtakes at any time on YouTube. Now, a brand new startup called PLAOR (pronounced player) wants to extend our celebrity interactions to another popular online realm: Online games.And Here's The Apple Video Where Jony Ive Shows Off The iPad Mini
Oct 24, 2:27AM
Do you want watch the by-now-obligatory product videos that Apple has created to promote its new iPad Mini, as well as the new smart covers? Sure you do. More than the product shots, the real staple of these videos is Apple design SVP Jony Ive, who can be counted on to offer some smart-sounding thoughts on why the company's latest gadget awesome — though in this case, I have to admit that my eyes glazed over when he started to talk about the "diamond-cut shemper" (?).TCTV Wrap-Up: The Rundown On Apple's iPad Mini Launch Event
Oct 24, 1:52AM
Apple made some pretty big announcements at an event held in Silicon Valley this morning, but it's been such a big day for tech industry news that you may not have had the chance to fully take it all in. And we can't have that, can we? Of course not!Google Sued For Patent Infringement Over Google Wallet
Oct 24, 1:36AM
This afternoon, Google was sued over its Google Wallet smartphone application allegedly infringing U.S. Patent No. 7,298,271 (the '271 patent) in the Federal District Court of Delaware. According to Google, "Google Wallet is a virtual wallet that securely stores your credit and debit cards, offers, and rewards cards. You can tap your phone to pay in-store using Google Wallet anywhere contactless payments are accepted. You can pay online by signing into your Google Wallet account." Of course, there is nothing new about payments using NFC technology, NFC has been popular in Japan for years. What's interesting here is the actual patent being asserted against Google.Don't Call The New Microsoft Surface RT A Tablet, This Is A PC
Oct 24, 12:59AM
The Microsoft Surface RT is a PC. It's not a mobile device and it's not a tablet, it's a PC. And Microsoft's first self-branded computer. It is, in short, the physical incarnation of Microsoft's Windows 8. The expectations and competition for the Surface are daunting. It's been said that Microsoft built the Surface to show up HP, Dell, and the rest of the personal computing establishment. PC sales are stagnant while Apple is selling the iPad at an incredible pace. But the Surface is something different from other tablets. Microsoft built a PC for the post-PC consumer and chose to power it with a limited operating system called Windows RT. These trade-offs, real or imagined, are what really makes or breaks this device.Apple Pushes iBooks 3.0 Update Live, Comes With Kindle-Like Features And Vertical Scrolling
Oct 24, 12:26AM
Apple's iBooks 3.0 update just went out via the App Store, bringing the features it demoed on stage at the special Apple event earlier today. That brings iCloud books to the app's virtual bookshelf, and vertical scrolling as a new reading paradigm. Also new to the update is the ability to receive free updates to existing books, with chapter additions, corrections and more.Netflix CEO Reed Hastings: Subscription Growth Miss Was A "Forecasting Error," Long-Term Outlook Still Positive
Oct 23, 11:48PM
Today, on Netflix's third quarter investor call, Netflix co-founder and CEO Reed Hastings and CFO David Wells addressed the issue of Netflix's brand recovery -- something many Netflix users and investors were eager to hear about. On the investor call, Hastings also said that that growth was "within the range of guidance from a year ago, although not from Q1," which he attributed to being more of a "forecasting error" than a result of stunted growth overall. While Netflix has seen stronger growth abroad as it expands its service across Europe, South America and beyond, its subscription numbers in the U.S. appear to have been lagging in comparisons to forecasts, which came in it at the lower end of expectations laid out earlier this year. (Netflix added 1.16 million subscribers in Q3, compared to a forecast of 1 to 1.8 million new additions.)The iPad Mini And The New 13″ Retina MacBook Pro Strut Their Stuff In Our Hands On Video
Oct 23, 11:29PM
I already shared first impressions of a lot of Apple's new products, but we've also got video from the time we spent with the iPad mini and the Retina MacBook Pro. Watching these things in action provides an entirely different perspective compared to reading about them or looking at static pictures, and seeing the iPad mini do its thing really does a better job of conveying the value of the device.End Of An Analogue TV Era: U.K.'s Digital-Terrestrial TV Switchover Is Done — Opening The Door For 4G Mobile Services
Oct 23, 11:01PM
After years of planning and step-by-step engineering, the U.K.'s switchover from analogue to digital-terrestrial TV broadcasts has finally been completed -- marking the end of more than 70 years of analogue broadcasting in the U.K and opening the door for the launch of 4G mobile services in spectrum previously used by TV broadcasters.Local Businesses Start Warming Up To Facebook Ads: 300K Tried Promoted Posts, 75K Were New Advertisers
Oct 23, 10:20PM
12.8 million small business have a free-to-use Facebook Page, and 8 million use it monthly. By making advertising easier, Facebook got 300,000 of them to buy its new Promoted Posts ads, Sheryl Sandberg explained on today's earnings call. 25%, or 75,000 of them had never bought Facebook ads before. The news shows that by designing ad products for mom & pop, Facebook can turn the long tail of businesses into spenders.Zynga CEO Mark Pincus Confirms Layoffs: 5% of Workforce, Potential Closures For U.K., Japan Offices
Oct 23, 9:59PM
Zynga confirmed that it started laying off U.S.-based employees ahead of what is expected to be a weak third-quarter earnings report. In all, 5 percent of the company's full-time workforce is being let go. As of the second quarter, the company had 3,200 employees so the final tally is probably close to 160 employees. The key details are that the company is sunsetting 13 games and is significantly reducing its investment in its life simulation game The Ville, which as we reported earlier is being sent to the Zynga's India offices for maintenance.Zuckerberg And Facebook Have Thought About Charging For Its APIs, But Advertising Is Better
Oct 23, 9:46PM
During the Q&A portion of the earnings call, Zuckerberg was asked if they would ever charge for APIs. It's an interesting question, and one that I've thought a lot about as I've watched Twitter change the way it works with developers. I figured that the answer would be a flat-out "No", but it sounds like this is something that Facebook has thought about. Zuckerberg said that the company would rather go about things by introducing advertising options for developers, so that everyone can make a few dollars.Zuck: There's An Opportunity To Bring More Commerce To Facebook; Gifts Is The First Step
Oct 23, 9:21PM
On Facebook's earnings call today, CEO and founder Mark Zuckerberg talked mobile, gaming and more. He touched upon Gifts, the company's big move into commerce.Eventbrite Partners With Uber, HotelTonight & RentTheRunway To Offer Perks To Event Goers
Oct 23, 9:20PM
Klout isn't the only startup dealing in perks, it seems. Today, ticketing startup Eventbrite is also expanding upon the concept of customer rewards, but in its case, doling out the perks is a decision that's being left up to the event organizer - it's not based on who you are or how popular you are on Twitter. Today's launch involves perks from three well-known startups: Uber, RentTheRunway and HotelTonight.Zuckerberg: "Gaming On Facebook Isn't Doing As Well As I'd Like"
Oct 23, 9:18PM
No surprise here. Mark Zuckerberg just said he isn't happy with the growth of the gaming ecosystem on the Facebook platform on the earnings call today. "Gaming on Facebook isn't doing as well as I'd like," he said, pointing out that gaming revenue from Zynga has declined 20 percent from a year ago.Zuckerberg Bullish On Mobile Revenue: 70% Of Mobile Facebook Users Return Daily, Desktop Only Sees 40%
Oct 23, 9:09PM
Facebook announced its third quarter 2012 earnings today, and are participating in the customary phone call to discuss what has taken place over the past few months. "We should be able to reach more people on mobile than on desktop" Zuckerberg stated during the call.Wall Street's Happy: Facebook Climbs Nearly 10% In After-Hours Trading
Oct 23, 8:43PM
Stoked by a bump in advertising revenues and increasing evidence that Facebook is making money from users on mobile devices, Wall Street investors sent shares of the company up by more than 9 percent in after-hours trading. Facebook is trading at $21.34, up from today's close of $19.49.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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