Street Fight Daily: Foursquare Gets a New CEO, How Apple’s iAd News Affects the Industry

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A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology…

Foursquare CEO Steps Down as Valuation Plummets (Wall Street Journal)
Dennis Crowley is stepping down as chief executive of Foursquare after struggling to turn the location-sharing mobile app into a moneymaking business over the six years since he founded it. Jeff Glueck, who joined Foursquare as its operating chief in 2014, has been promoted to CEO. Read Glueck’s statement on Medium.

What Apple’s iAd Changes Mean for the Industry (Digiday)
Apple may be leaving the advertising sales business, but many see this as a way for the company to build a full ad tech ecosystem. In fact, this would be similar to Facebook’s partner-driven approach to advertising. “Building platforms and technology is what [Apple does], and this focusing of their efforts reinforces programmatic,” said Adam Berke of ad buying company AdRoll.

How Google’s Search Chief Has Been Living the “Mobile First” Life (Search Engine Land)
You often hear the mantra of “mobile first” with technology companies, but the head of Google search, Amit Singhal, isn’t just saying it. He’s been living it, doing almost all of his searches for more than a year on mobile. “I realized that on mobile devices, I wanted to act more,” he said. “The balance between acting and consuming is more shifted towards acting. Acting as in [calling] a business, or booking a table.”

Openings and New Hires at GoDaddy, Revel Systems, Gatehouse Media (Street Fight)
Every two weeks, Geoff Michener covers some of the latest job changes taking place in this dynamic industry. In this week’s column, Shopify appoints a new COO, the Morning Call has a new publisher, and a digital sales vet is promoted at CBS.

GM, Ford Team with Groupon, ParkWhiz on Mobile Apps (Crain’s Chicago Business)
GM is going beyond navigation to commerce with its OnStar service, adding local deals to the mix in a partnership with Groupon. The partnership says two things about Groupon: It’s a recognition that the platform is still meaningful, and it underscores that Groupon needs help to jump-start growth of its user base and get its customers to buy more deals.

Raise Report: PlaceIQ Movinga, Toast, SmashFly Rack Up New Rounds (Street Fight)
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech. This week’s edition includes new cash infusions for Blueshift, Carwow, and Care24.

Why Coffee Delivery Is the Future of On-Demand Ordering (Eater)
Imagine a piping hot coffee delivered to your office or home at the proverbial “click of a button.” For consumers, it’s perfect. Attempting to provide that service a bit more complicated. Two companies that have been at the forefront of mobile ordering for the last year, Starbucks and Dunkin Donuts, are willing to put their sophisticated platforms to the test and give it a try.

Euclid Analytics Raises $20M Series C to Track Consumer Behavior in Retail Stores (TechCrunch)
Euclid Analytics plans to help more companies track behavior in their retail stores after raising $20 million. The funding will be used to acquire clients, add new employees, and build Euclid’s location analytics platform.

Notify Nearby Sends You Deals When You Pass Your Favorite Stores (VentureBeat)
While some reports suggest that beacon technology isn’t working, that hasn’t kept startups from trying. One in particular, Notify Nearby, just launched an iOS consumer app to show that beacons can be successful.

Search Stays Strong as Mobile Accounts for Most Clicks (eMarketer)
Display ad spending may be about to outpace search this year in the U.S., but in many markets, search is still in the lead, and marketers are planning to increase search spending in 2016.

On Tenacity (AVC)
Fred Wilson: Building and operating a business is not easy. I believe it gets harder, not easier, as the years pile up. Tenacity, and believing in yourself and your team and your business, is required. The leaders who exhibit that have a special place in my heart and my head.

LBMA Podcast: CES Beacons, GM and Lyft, Reveal Mobile CEO (Street Fight)
On the show: EyeLock & Diebold rename the ATM; Screen commerce by Think&Go; Billy Bishop Airport DOOH’s the tunnel; Emirates and Millennial Media; AT&T, Cisco, IBM, Intel, and the city of the IoT.

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