The giant "G" is on a shopping rampage, as the reports and rumor spread around suggest. Beginning with, a communication with The Times informs the net search giant is at present in consultations to acquire the local economy review site Yelp.

The answers came back fast and angry, almost all of them pointing us to Katana-ya. Once there, I turned on Foursquare to log my location (aka "check in") with the service and, as predicted, found some great tips on what to order. And while the soup I ended up with has not done my salt intake any good, it sure lived up to my Foursquare-induced expectancies.

Web search giant Google is in speaks to procure local enterprise review site, Yelp for at least five hundred million us dollars, asserts a media report. Attributing to folk with understanding of the deal, The NY Times reported Google is in purchase talks with Yelp.

Yelp, a review site for local firms, is reportedly in major speaks with be purchased by Google, with The Times and TechCrunch referencing nameless sources announcing a deal might be worth much more than $500 million. Definitely Google would not desire this info leaked, but is somebody inside Yelp wanting a bidding war? As the NY Times notes : The deal between Google and Yelp could still unravel, one individual claimed, especially if another acquirer comes forward now that details have leaked.