Market Currents
Yelp (YELP -6.9%) has sold off as Facebook (FB -2%) shows off Graph Search; investors seem to to...
-
Tuesday, January 15, 1:57 PM ETYelp (YELP -6.9%) has sold off as Facebook (FB -2%) shows off Graph Search; investors seem to to be fretting Yelp traffic will be hurt as Facebook's tool is used to search for businesses a user's "friends" have visited/liked. However, Graph Search is far from a direct rival. Google (GOOG -0.2%) has slipped a little after Mark Zuckerberg notes Bing (MSFT) will be a fallback option for searches. Zuck: "Graph Search is a really big project that will take years and years to index the whole map and the graph" (live blog)
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 7 comments:
Think of how little Amazon actually reports in profit and they are the biggest e-commerce site in the world. Compare facebook, which does basically nothing except create a 'hangout' and it is easy to see that Facebook will fall into nothing.