More customers are banking online. Bank closures will be announced when the Company Reports earnings. Mobilephone carriers battling for market share. Verizon,on from sprint, and tmobile could be taking a bite out of at ts business. Thirdquarter sales rose 2 , but to 3 dropped 21 billion. Again inred thirdquarter revenue. Yelp also got more profit of three and a half million dollars. The company said fourthquarter revenue would be below estimates. Stone in sanrad francisco. Our lead story. Raises money from yahoo . They recently completed a deal that values the startup at 10 billion according to people familiar. Received funding and is looking to raise even more cash. Lou, you invest in social media companies. Why is yahoo investing in snapchat, and is it a good bet . They reported 1 growth in revenue. The stock goes up. That shows how lau how low expectations are. By investing, it helps make yahoo a cooler place. Being a cooler place helps. We are moving into a world that is increasing
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