Street Fight Daily: 05.24.11

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

Dennis Crowley says Foursquare is growing at a rate of 1 million users per month. The company currently boasts 600 million check-ins total, averaging 3 million per day from its nearly 10 million users. (The Next Web)

Patch President Warren Webster says the company’s criteria for growth in new communities is sound and sustainable, as is its locally centric business model. He says early reader metrics are exceeding expectations. (NetNewsCheck)

Should Groupon buy Foursquare? With the two companies in talks on a partnership, it stands to reason that they might ultimately be better as one entity. (Mashable)

SCVNGR founder Seth Priebatsch is “burning his boats” to take on Groupon. (GigaOm)

Using almost every publicly available profile (Facebook, Linked, Foursquare, Instagram, Eventbrite etc.), mobile app Sonar, shows you who, how many, and why particular people are relevant to you in a room. (TechCrunch)

Conservative TV commentator Glenn Beck has launched a daily deals website called MarkDown.com. The site is almost identical to Groupon, LivingSocial and the thousands of other companies in the group buying space. (Mashable)

Groupon is taking aim at the mobile industry, and could potentially become the next big mobile ad network, if it wanted to. (Business Insider)

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