News & Analysis | Street Fight - Part 78

CONFIRMED: Facebook Acquires Gowalla for Undisclosed Sum

Steven Jacobs

CONFIRMED: Facebook Acquires Gowalla for Undisclosed Sum

The acquisition marks the end of a long slide for the Austin-based company, which seemingly lost its “check-in” battle with Foursquare despite raising over $10 million in venture capital. In September, Gowalla relaunched as a social travel guide after a ten-month period in which the application was overhauled from the ground up…

Foursquare Partners With Scoutmob to Syndicate Offers

Steven Jacobs

Foursquare Partners With Scoutmob to Syndicate Offers

This morning, deals site ScoutMob and location-based social network Foursquare have announced a partnership that will see the Atlanta-based company’s local deals distributed across Foursquare’s platform. 500 deals from Scoutmob’s thirteen markets will join offers from a handful of other sites like Groupon, Living Social, and Gilt City that are already on Foursquare…

The Guardian’s n0tice Launches to the Public

Steven Jacobs

The Guardian’s n0tice Launches to the Public

The Guardian Media Group has publicly launched its newest endeavor in the world of open platform media, n0tice. Access to the community publishing platform, which has been in an invite-only beta since mid-October, is live, but community participation — i.e. posting to the network — will remain limited to select users for the time being, project lead and director of digital strategy at GMG Matt McAlister told Street Fight on Monday…

IAC’s Crowded Room: From ‘Check-in’ to ‘Might Go’

David Hirschman

IAC’s Crowded Room: From ‘Check-in’ to ‘Might Go’

The new app aims to connect like-minded users based on the places they frequent, as well as the places and events that they “might go” to in the near future. As users check in to places and indicate where they’re thinking of going, the app matches them up with others nearby who could be compatible based on their own location habits and the information on their Facebook profiles.

ReachLocal Kills Bizzy, Takes $3.3 Million Loss

Steven Jacobs

ReachLocal Kills Bizzy, Takes $3.3 Million Loss

Location-based recommendation service Bizzy has announced that it will be shutting down in mid-November, marking a major turn of momentum in the local recommendation space. According to a statement released on the company’s blog, the application folded because it “ultimately did not attract the number of users it needed to sustain itself in the long run.”

Main Street Connect Announces New CEO, $7 Million in Funding

Steven Jacobs

Main Street Connect Announces New CEO, $7 Million in Funding

Main Street Connect, the network of hyperlocal news sites, announced yesterday that Thompson Reuters’ Global Head of Product Management Zohar Yardeni would come on as CEO, replacing founder Carll Tucker who will become chairman of the company’s board of directors. The company also announced $7 million in new funding, matching an inaugural round raised a year ago…

Owens, Tucker Spar Over Indies’ Profitability

David Hirschman

Owens, Tucker Spar Over Indies’ Profitability

Last week, The Batavian’s Howard Owens penned a post on his personal blog about why independent hyperlocal sites were better positioned to be profitable long-term than scaled hyperlocal networks. Main Street Connect’s Carll Tucker, who believes that he has come upon a scalable formula for hyperlocal profitability, responded to Owens’ post last week, setting off a lively debate in the posts’ comments section over whether indies or scaled networks really have the upper hand when it comes to profitability…

Street Fight Announces Research, More Events

Steven Jacobs

Street Fight Announces Research, More Events

Taking the podium on the second morning of the Street Fight Summit 2011 in New York City, Street Fight co-founder David Hirschman said that Hyperlocal Industries, which publishes the Street Fight website, would soon launch a research division and host more events like the Summit in 2012.

LBS and Retail: Big Brands vs. Small Merchants

Ellie Behling

LBS and Retail: Big Brands vs. Small Merchants

Big brands and small businesses see value in location-based technology differently — but both are competing for the same mobile consumer. That was a key takeaway from a panel about location-based services on day two of the Street Fight Summit, moderated by Doug Stephens, president of Retail Prophet.