July
5

About Hearst’s 22.4% stake in Local.com (LOCM)

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Hearst Communications disclosed in an amended SEC filing that it beneficially owns 22.4% of Local.com: LOCM, lending support to shares. This is not news. Earlier in a March filing, Hearst reported its stake, consisting of (i) [...]

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July
2

Local.com (LOCM): Operations, not patents, are key

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Location-based internet search provider Local.com: LOCM shot up as much as 200% on Friday and Monday, after announcing that it had been granted two patents.
Patent No. 7,231,405 covers a method for location-based indexing, ranking and searching.

Patent No. 7,200,413 covers a method of utilizing advertising in connection with enhanced 411 services.
One commentator has suggested that these [...]

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