Yelp, the local business search and review site, is said to be in talks to raise additional financing instead of getting acquired or having a go at the IPO. According to reports Yelp is in talks with Elevation Partners – a major investor in Palm Inc., for the new round of funding. What’s significant about the round is the fact that it may include an option for employees and investors to sell their shares to the investors.
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Online personal finance tool Mint.com has come a long way since launching last year. Having gained a good deal of attention for its service, which allows users to manage their finances and access various recommended services such as credit card accounts, Mint.com has swiftly grown to over a reported 600,000 users.

Emerging from its beta test phase, Mint.com also has a lot to be thankful for this holiday season. The company has been selected as a Technology Pioneer 2009, by the World Economic Forum. The requirements for such a globally recognized award include having an impact on business as well as society. As a result of being a select company for the forum, Mint.com will be participating in the World Economic Forum Annual Meeting in Davos, Switzerland next month.
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