A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
According to Amazon, their Groupon-esque deals service will start displaying bargains on their Special Offer-oriented Kindles when a new software update goes live in coming weeks. (TechCrunch)
AOL looks like it may be readying a new social network. It’s clear AOL is going for a more localized approach. And what does AOL already own that could be easily integrated with a localized social networking platform? Patch. (Business Insider)
As the drama continues to build in the daily deal industry, one can’t help but wonder about the future of the current phenomenon. Mary Song, the CEO of travel discount site Yuupon, gives six predictions for where deals are headed. (WebProNews)
Local Yokel Media, a hyperlocal ad network which is being developed by former Yahoo, AOL Media Nets and DoubleClick Exec Dick O’Hare, has already signed up 200 blogs and community papers in the New York DMA. (Local Onliner)
Facebook has quietly started adding links to Foursquare, Yelp, Gowalla and SCVNGR on certain pages. When you click on a link, it takes you to the page for that same business on the respective location-based service. (Scribbal)
“In many ways things don’t look good for the daily-deal industry. The biggest player is having a hard time making money. More than a few businesses have offered deep discounts that ended up costing them money. And the competitive marketplace looks like a bar fight.” (Pittsburgh Post-Gazette)