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Was Yelp Misleading About Its Reviews?

Was Yelp Misleading About Its Reviews?

By Chris Crum August 7, 2014

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while …

Google Stock Hits All-Time High, Surpassing $1K Google Stock Hits All-Time High, Surpassing $1K

Google released its quarterly earnings on Thursday, beating Wall Street expectations. Revenues were up 12% year-over-year, hitting nearly $15 billion. GAAP EPS were $8.75 on 339 million diluted shares outstanding, compared to $6.53 in the same quarter last year. Non-GAAP …

IBM Stock Leads To Discouraging Results? IBM Stock Leads To Discouraging Results?

IBM has released the 2013 Third-Quarter Earnings, and there is both good and bad news with the recent report. The good news is that the third-quarter net income increased six percent where this year’s third-quarter earnings were $4.04 billion ($3.68 …

Jos. A. Bank Rejected By Men’s Wearhouse Jos. A. Bank Rejected By Men’s Wearhouse

Men’s Wearhouse chose not to take the $2.3 billion offer presented by powerhouse Joseph A. Bank. Though shares for Men’s Wearhouse fell 12 percent during September, company representatives are determined to continue promoting the viability of the company. According to …

Lumber Liquidators Raid Knocks Stock By 10% Lumber Liquidators Raid Knocks Stock By 10%

For every action, there’s always a reaction. This week, no one can attest to such a phrase better than Lumber Liquidators. In just two days, the American specialty flooring retailer’s corporate sector has been flipped upside down. On Thursday, federal …

Gold Recovery? What Does This Mean For Business? Gold Recovery? What Does This Mean For Business?
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Gold has had a resurgence recently. This comes as good news for investors and people that follow the market closely. As of today, gold is on track for its biggest weekly gain in five weeks. Several analysts are saying that …

Netflix's Original Content Making Subscribers Stay Netflix's Original Content Making Subscribers Stay
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In the past year, Netflix has released the Emmy-nominated political drama House of Cards, the Eli Roth-produced horror series Hemlock Grove, and the surprise hit of the summer, Orange Is The New Black. They’re also in the process of adding …

Microsoft Stock Surging on Ballmer Retirement News Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business …

Groupon Earnings Disappoint, Stock Down 28% Groupon Earnings Disappoint, Stock Down 28%

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3 …

Zynga Announces Q4 And Year End Results Zynga Announces Q4 And Year End Results
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After the beating Zynga took in 2012, nobody was really looking forward to its year end results. It was assumed that everything would be doom and gloom for the troubled social game developer. The good news is that revenue and …

Facebook Stock Tops $30 for First Time in Months Facebook Stock Tops $30 for First Time in Months
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Doesn’t adjust your monitors, Facebook stock is on the move. It’s been a long climb back, but Facebook shares currently sit at over $30, up around $1.40 as of now. That’s an increase of nearly 5%. Of course, “back” is …

Twitter IPO Coming by Year’s End Says Analyst Twitter IPO Coming by Year’s End Says Analyst

Another analyst has weighed in the expected Twitter IPO, and he thinks that it’s going to come sooner than others have predicted. Sam Hamadeh, CEO of PrivCo, a New York-based private company research firm, says that we can expect Twitter …

Amazon Stock Hit A Record High On Monday Amazon Stock Hit A Record High On Monday
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Amazon stock hit a record high on Monday, reaching as high as $269.30 at one point. Bloomberg attributes the spike to statements made by Morgan Stanely, who said the company’s network of distribution centers will help it gain marketshare as …

Twitter Valued at $11 Billion, IPO Coming in 2014 Twitter Valued at $11 Billion, IPO Coming in 2014

Soon after Facebook filed its documents and made its intentions to go public known, people started speculating about when Twitter would take the plunge with their own offering. In a leaked email, Twitter CEO Dick Costolo said that his company …

COO Sandberg Sells Nearly a Million Facebook Shares COO Sandberg Sells Nearly a Million Facebook Shares

Facebook COO Sheryl Sandberg has just sold nearly a million shares of Facebook stock, netting her just over $26 million. According to an SEC filing, Sandberg sold 946,588 shares, which came out to be $26.2 million. The shares were sold …

Netflix Stock on the Rise Following Huge Disney Deal Netflix Stock on the Rise Following Huge Disney Deal
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Today, Netflix and the Walt Disney company made a pretty huge announcement. Starting in 2016, the company will be the exclusive streamers of the first-run of Disney’s huge theatrical catalog – meaning films from Pixar, Marvel, and Walt Disney Animation …

Google Stock Hits Record High On Monday Google Stock Hits Record High On Monday

Google shares hit an all-time high on Monday, at one point reaching $748.90, according to CNN Money. As of the time of this writing, shares are at: $748.21 (+14.22‎, 1.94%‎). The publication attributes the rise to continued search domination and …