Street Fight Daily: NYT Tests Native Ads, Online Retailers Dabble Offline | Street Fight

Street Fight Daily: NYT Tests Native Ads, Online Retailers Dabble Offline

Street Fight Daily: NYT Tests Native Ads, Online Retailers Dabble Offline

A roundup of today’s big stories in hyperlocal content, commerce, and technology.

Screen Shot 2013-05-29 at 7.41.54 AMThe New York Times Experiments with Native Advertising… On Two Wheels (Nieman Journalism Lab)
The New York Times just released an update to its New York City things-to-do app The Scoop that includes a new feature: real-time information on the location and capacity of nearby Citi Bike stations. But instead of this being an editorial product — like the rest of The Scoop’s listings of restaurants, coffee shops, and the like — the bike-finding map carries a “Sponsored” label.

Square’s Kimble: There’s ‘More Opportunity Than Obstacle’ in Payments Space (Street Fight)
San Francisco-based mobile payments company Square continues to grow at a rapid clip. Chuck Kimble, who heads up the company’s strategic partnerships, will be appearing on a panel next week in San Francisco at Street Fight Summit West, so we took the opportunity to catch up with him recently over email and find out more about how the company is planning to expand beyond its initial mandate mobile payments.

From Clicks to Bricks: Online Retailers Dabble in Physical Stores (AdAge)
When Warby Parker founder Neil Blumenthal wrote the business plan for what is now one of the hottest e-commerce companies, there was no mention of physical stores. But 48 hours into the affordable-eyewear site’s February 2010 launch, he had to reconsider that omission.

Square’s Kimble: There’s ‘More Opportunity Than Obstacle’ in Payments Space (Street Fight)
San Francisco-based mobile payments company Square continues to grow at a rapid clip. Chuck Kimble, who heads up the company’s strategic partnerships, will be appearing on a panel next week in San Francisco at Street Fight Summit West, so we took the opportunity to catch up with him recently over email and find out more about how the company is planning to expand beyond its initial mandate mobile payments.

Sponsored Content: Take Street Fight’s 2013 Local Merchant Survey(Street Fight)
Help us help you: Each year, we publish The Local Merchant Report, the most in-depth, up-close-and-personal look at this important customer constituency. This year’s report will be released in early Q3 and we need your help reaching as many merchants as possible for the best statistical data on their habits, interests and outlook when it comes to local marketing.

Apple: ‘We Did Not Make a Bid For Waze’ (Mashable)
CEO Tim Cook set the record straight during an interview Tuesday evening, remarking that Apple “did not make a bid for Waze” — contrary to reports by several tech publications earlier this year. Cook says that maps are important, which is why you’ve seen Apple investing as much as it has in improving its maps product.

Intel Buys Satellite Navigtion Business (AllThingsD)
Intel confirmed today that it had bought the satellite navigation chip business unit of ST-Ericsson, a joint venture operated by STMicroelectronics, the European chip maker, and Ericsson, the Swedish telecommunications equipment company. It will also help Intel compete a little more completely with Qualcomm, which has pretty strong GPS assets already as part of its wider offerings in the wireless chip business.

The One-Stop Online Marketing Shop (Inc.)
Eight years later, Yodle, which is now based in New York, has 30,000 customers, 1,000 employees, and revenue of $132 million a year. The company is on track to hit $180 million this year–which would make it the biggest company ever to appear on Inc.’s 30 Under 30 list. It has raised $38.5 million in four rounds of venture capital–the lead investor in the first round was Bessemer Ventures’s Rob Stavis, who also put money into Skype and Yelp–as well as some debt financing.

Foursquare and Gnip Form A Powerful Partnership (Business Insider)
Brad Feld: Foursquare and Gnip just announced an exclusive partnership that allows Gnip to provide full coverage of anonymized Foursquare check-in data to Gnip’s extensive network of customers. With the partnership between Foursquare and Gnip, the entire social data ecosystem gets a big win with this key signal of physical presence.

Groupon and American Express Put ‘Double-Digit’ Million Sum into Payments Startup SumUp (TheNextWeb)
Financial services giant American Express and recovering daily deals company Groupon have banded together to inject an undisclosed amount of cash in European digital payments firm SumUp. The company is often referred to as one of Europe’s answers to Square, alongside payleven and iZettle.

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