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Yelp + Google… Not So Fast

In: Breaking|Communication|Computer|Finances|Google|Internet|Networks|Rumors|Software|Wireless

21 Dec 2009

Google's merger with Yelp might not happen

In a deal that was all but sealed going into the weekend, seems like Yelp’s CEO Jeremy Stoppleman has abandoned that prior deal with Google.

Yelp CEO Jeremy Stoppleman walked away from the deal this weekend just as it was reaching the later stages of negotiation. TechCrunch speculates that another company may have approached Yelp for a strategic deal that would urge Stoppleman to back away from the Google deal.

Yelp is a website that allows members to review local businesses from local nightlife, shopping centers to restaurants and religious organizations. Users can submit reviews and ratings on their experience for other curious shoppers to see. Yelp is available in The United States, Canada and the United Kingdom, which offers location services to find places near you.

Half a billion dollars… and he walked away. If the “other company” involved can throw around more money, it only leaves Microsoft since Yahoo is still hurting and losing value per day; and current conditions definitely count out ~~AOL~~ Aol.

Let’s see what happens.

[ Related Links: Neowin, TechCrunch ]

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