Street Fight Daily: 04.04.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.

Craigslist, long blamed as the killer of newspaper classifieds (and, by extension, local news), may have jumped the shark. (Business Insider)

Daily deal sites, most notably Groupon, are taking over the landscape that once belonged to the local newspapers. Whether those newspapers that survive can reinvent themselves is yet to be seen. (Daily Deal Media)

Gowalla says it will double the size of its operations this year and reshaping itself as a “social Lonely Planet.” (Independent)

The daily deals space has become so hot that organizers on Wednesday will we holding the first Daily Deal Summit, a trade conference for the growing industry. (Forbes)

After it struck its online advertising and search partnership with Yahoo, Microsoft tapped longtime Internet exec Brett Wayn to work on the integration. Now Wayn is bouncing there from his job at the software giant to run local efforts at Yahoo. (AllThingsDigital)

Entrepreneurs, investors, and big companies are betting that daily deals services like Groupon represent a major shift in shopping behavior. But could all this excitement be an unsustainable blip? (Boston Globe)

Applying hyperlocal news principles the “Internet community?” Valleywag founder Owen Thomas has joined The Daily Dot, whose mission is to “report on the most important and relevant topics from within, applying tried-and-true principles drawn from community newspapers to the growing cultures of the Internet.” (GigaOm)

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