OpenTable

News Byte

OpenTable Stock Rises on Strong Q4 Results

Tricia Duryee in Commerce on February 7 at 2:14 pm PT

OpenTable, which assists with making restaurant reservations online, was up nearly $3, or 6 percent, at $54.42 in after-hours trading today, based on strong quarterly results. In the fourth quarter, the San Francisco-based company reported revenue of $37.2 million, representing a 21 percent jump over the same period in 2010. Net income for the quarter totaled $7 million, or 29 cents a share. In Q4 2010, net income totaled $5.1 million, or 21 cents a share.

Marc Andreessen vs. Reid Hoffman in Yahoo Savior Face-Off? Not Yet. (But Delicious to Imagine.)

Kara Swisher in News on December 1, 2011 at 2:23 am PT

Whoa, Nelly! How fantastic would it be for Silicon Valley tech legends Marc Andreessen and Reid Hoffman to battle for control of Yahoo? Too fantastic to actually happen. But one can hope.

Viral Video: An Interview With Andreessen Horowitz’s Jeff Jordan

Kara Swisher in News on November 3, 2011 at 5:35 am PT

Jeff Jordan: Unplugged.

Dibs! Obscure Marketplace Company Nabs Former DoubleClick CEO David Rosenblatt.

Tricia Duryee in Commerce on November 3, 2011 at 4:00 am PT

The low profile of online luxury marketplace 1stdibs evaporates today, with the appointment of David Rosenblatt as CEO and an injection of capital from high-profile Silicon Valley venture firm Benchmark.

OpenTable Investors Queasy After Google-Zagat Meal, Er, Deal

Tricia Duryee in Commerce on September 8, 2011 at 4:06 pm PT

OpenTable’s shares tumbled more than 10 percent during the day, following the announcement that Google was buying local review site Zagat.

TownHog Focuses on Publishing Partnerships as Its Own Daily Deal Brand Fades

Tricia Duryee in Commerce on August 4, 2011 at 7:51 am PT

San Francisco-based TownHog is rolling out a new feature for its daily deals platform, which will allow third-party publishers to make offers in real time through mobile applications.

OpenTable Fills CFO Role Just as Stock Drops on Revenue Miss

Tricia Duryee in Commerce on August 2, 2011 at 10:17 pm PT

OpenTable has hired a new CFO — perhaps just in time to stop the stock’s free fall — to correct its course after narrowly missing revenue expectations in the second quarter.

OpenTable Offers Meals at 30 Percent Off for $10 Fee

Tricia Duryee in Commerce on July 25, 2011 at 5:30 am PT

OpenTable will now offer Groupon-like discounts for people who book discounted dinner reservations through its site.

Airbnb Raises $112 Million for Vacation Rental Business

Tricia Duryee in Commerce on July 24, 2011 at 10:36 pm PT

Airbnb — which lets you rent everything from spare rooms in apartments to tree houses and parking spaces — has raised a significant sum of money to rival major online travel sites.

AT&T Interactive Takes on Groupon By Launching YP.com Daily Deals

Tricia Duryee in Commerce on July 18, 2011 at 3:09 pm PT

Despite Groupon’s and LivingSocial’s early leads in the daily deals space, the two companies are not stopping others from jumping on the bandwagon — especially if those others already have a national sales force. The most recent addition to the list: AT&T.