Local social-app maker Foursquare has signed revenue-sharing distribution partnerships to target deals sites to its users' locations, the company will announce tomorrow and The Wall Street Journal is reporting tonight. We'd previously broken the news that Foursquare was in talks to strike such a deal with Groupon. That one is not finalized yet, but other partnerships with LivingSocial, Gilt Groupe, AT&T, Zozi, and BuyWithMe are.
Twitter is currently in talks with investors to raise a new round of financing, The Wall Street Journal is reporting.
Citing anonymous sources, the Journal reported today that Twitter's financing could be based on a valuation of $7 billion. If that's the case, Twitter's valuation has skyrocketed over the last couple years.
In 2009, reports surfaced that claimed Twitter was raising funding on a valuation of $1 billion. Last December, Twitter secured $200 million in funding in a round led by venture-capital firm Kleiner Perkins Caulfield & Byers. That round was based on a valuation of $3.7 billion.… Read more
Microsoft patents spy tech for Skype which allow users to listen in on private Skype conversations. This does not sound good as our privacy on the internet becomes less and less private. Google's social media site Google Plus begins with little fan fair hoping to cause a mass migration from Facebook. And a clever Foursquare hack turns New York City Into a giant game of Risk!Subscribe: iTunes (MP3) | iTunes (320x180) | iTunes (640x360) | RSS (MP3) | RSS (320x180) | RSS (640x360)… Read more
Foursquare has raised $50 million, mostly from its existing investors, the company announced today.
The round was expected, and comes in a week when Foursquare hit a significant milestone of 10 million registered users.
It was led by Andreessen Horowitz and included O'Reilly AlphaTech Ventures and Union Square Ventures, as well as new investor Spark Capital.
TechCrunch reports the valuation is $600 million.
Foursquare is often maligned for not being a serious company, so for the occasion of the funding, founders Dennis Crowley and Naveen Seldurai wrote on their blog a sort of long-form mission statement about their future:… Read more
Foursquare users with American Express accounts can now receive discounts due to a partnership between the two companies.
Following a small test conducted in March, Foursquare is unveiling a program across the country that lets people get money back on their AmEx cards when checking in at stores and paying for promoted deals with their cards.
To tap into the deals, people must first sync up their AmEx cards with their Foursquare accounts at a designated Web page. They can then check in at participating merchants to unlock deals and load them directly to their credit cards. After paying for … Read more
Foursquare is set to reach 10 million users this month. With the continued increase in popularity, developers are beginning to use Foursquare's API in some very fun and intriguing ways. This guide will show you seven fun ways to interact with your Foursquare account.
1. 4sqmap 4sqmap is a great way to visualize many different aspects of not only your own, but your friends' Foursquare activity. In addition to viewing activity, you can view a full map of nearby specials, tips, trending venues, and even use Foursquare's recently launched Explore feature on your computer, which is a feature … Read more
Some of the most popular applications available for the iPhone and Android handsets suffer from serious security issues, a recent study from security firm ViaForensics has found.
According to the security firm's appWatchdog study, a slew of companies, including Foursquare, LinkedIn, Netflix, and Wordpress earned a "fail" rating on storing sensitive data securely. Netflix's Android application, for example, failed to "securely store passwords," ViaForensics said. Surprisingly, the iPhone version of the Netflix app earned the highest "pass" rating for securely storing passwords.
Netflix is taking the findings seriously. In a statement to … Read more
As location-based services (LBS) become more and more popular, the debate surrounding privacy grows as well. One popular LBS service, Foursquare, is growing in popularity by the day.
Through this guide we plan to show you how to customize the privacy settings of your Foursquare account; allowing you to reveal or limit as much personal information as you would like. … Read more
Sony is expecting $3.2 billion loss for its fiscal year and Sony's BMG Greece music site is hacked revealing more customer data. Google's idea of being a truly open platform goes through more growing pains and HP creates a whole new numbering system. That's "one plus" for you my friends.Subscribe: iTunes (MP3) | iTunes (320x180) | iTunes (640x360) | RSS (MP3) | RSS (320x180) | RSS (640x360)… Read more
Nearly one in five smartphone users are tapping into check-in services like Foursquare and Gowalla, according to a ComScore report released yesterday.
A total of 16.7 million mobile-phone subscribers used location-based services on their phones in March. That amounts to about 7.1 percent of the entire population of mobile users.
But among smartphone users specifically, 12.7 million checked in with such sites during the month, representing 17.6 percent of all smartphone owners, ComScore said.
Compared with most smartphone owners, those who used location-based sites on their phones also proved more likely to access other types of mobile content. More than 95 percent of them used their mobile browsers or mobile apps. Almost 62 percent grabbed the news on their mobile devices.
And in a stat that will make retailers happy, almost one third of the users browsed to online retail sites on their phones, while one fourth accessed online shopping guides. Users of check-in sites also got a heavier dose of advertising. Almost 40 percent of respondents said they remembered seeing an online ad during March, compared with just 27.5 percent of all smartphone users who said the same thing.… Read more