Peter Kafka

Recent Posts by Peter Kafka

Wall Street to Yelp: Facebook Search Should Scare You

We won’t know what yesterday’s Facebook search announcement means for a long time. Could take years, really.

But the market made up its mind very quickly yesterday, and you can see it illustrated quite nicely below: It wanted to see more from Facebook, it thinks Google is just fine and it’s not worried about LinkedIn. But it thinks Yelp could see real competition from Mark Zuckerberg and company.

It’s pretty obvious in these Yahoo Finance charts, but just to be clear: Zuckerberg started speaking around 1 pm ET yesterday. The markets open in a few minutes, so we’ll see if anyone has rethought anything overnight.

FB Search ticker

FB Search GOOG Ticker

FB Search LNKD ticker

FB Search YELP ticker


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First the NSA came for, well, jeez pretty much everybody’s data at this point, and I said nothing because wait how does this joke work

— Parker Higgins via Twitter