Street Fight Daily: 12.01.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.
New Foursquare Button Lets You Collect and Use Reviews Later (Mashable)
Foursquare is adding two new features that aim to integrate publishers’ and brands’ content into users’ mobile activities, a “Follow” and a “Save to Foursquare” button. The additions, announced Wednesday, are also designed to give consumers information when they’re on the go.
As Stock Tumbles, Groupon Q4 Off to a Stellar Start (Yipit Blog)
Unaiz Kabani: October’s Yipit Data Report reveals Groupon grew 22% in the first month of its fourth quarter, primarily driven by the company’s travel product, Groupon Getaways, which experienced over 150% of gross billings growth.
Zaarly, TaskRabbit and the Rise of the Convenience Economy (BetaBeat)
Along with a bumper crop of like-minded companies —- such as Zaarly, Fancy Hands and Agent Anything — TaskRabbit offers an updated play on Craigslist for the iPhone-era: buyers post the dirty work they want to get done and nearby “Rabbits” bid on the jobs.
U.S. Online Ad Revenue Climbs to $7.9 Billion, Up 22% From 2010 (ReadWriteWeb)
Revenue from online advertising is up 22% in the U.S. from a year ago, amounting to $7.88 billion, according to the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PWC US). This is the eighth consecutive quarter of year-over-year growth.
Following ‘Quiet Period’ — An Update From Groupon CEO (Groupon Blog)
Andrew Mason: “We sold over 650,000 Grouponicus deals between Black Friday and Cyber Monday — an increase of over 500% from last year — saving consumers millions of dollars, and delivering tons of business to our merchant partners.”
Foursquare Launches Redesigned Developer Website (TechCrunch)
Foursquare is rolling out a major redesign of its developer site, with a focus on making it easier for new developers to find their way around. The website now offers better organized links to guides and resources, a revamped Getting Started Guide and a new “Showcase” section.