Street Fight Daily: Cox Buys Back Stake In AutoTrader, LivingSocial Sells Groupon Stock

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A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology.Cox to Buy Back Stake in AutoTrader (Wall Street Journal)… LivingSocial Selling its Groupon Stock (Chicago Tribune)… No Mention of Patch in AOL Chief Executive’s End-of-Year Memo (Romenesko)…

Street Fight Daily: Twitter Acquires Spindle, SocialRadar Nabs $12.75M

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A roundup of today’s big stories in hyperlocal content, commerce, and technologyTwitter Acquires Local Discovery Startup Spindle (AllThingsD)… Blackboard Co-Founder Michael Chasen Raises $12.75M Series A For SocialRadar, A New Take On Location-Based People Discovery Apps (TechCrunch)… How Yelp Might Clean Up the Restaurant Industry (Atlantic)…

Conference Notebook: Rethinking the Local ‘User Experience’

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After four years of slowed growth, local advertising spend has finally rebounded to pre-2008 levels with digital revenues up 31% in 2012. Speaking at the Local Online Advertising Conference in New York Monday, Gordon Borrell, CEO of Borrell Associates, said that local online marketing spend will reach $24.5 billion by 2016, driven largely by growth in non-advertising marketing services…