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Yelp reported its earnings for Q3 2012, with net revenue increasing to $36.4 million, up around 63% year-over-year.

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Yelp has acquired Qype, its biggest competitor in Europe, for around $50 million in a cash and stock deal.

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Yelp posted its Q2 2012 earnings with revenue growing to $32.7 million, up 67% year-over-year. It also posted a net loss of around $2 million.

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Facebook Places

Facebook has rolled out its new location service, Facebook Places, which allows you to check in to the places you visit.

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Google is known for buying technology companies, however, not every company that Google has put their eyes on have accepted the deals. Here are some companies who rejected lucrative Google offers.

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Yelp has walked away from a $550 Million deal with Google. Everything was almost agreed upon when Yelp CEO Jeremy Stoppleman decided he wants Yelp to stay independent.

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