Street Fight Daily: 06.21.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Just-over-two-year-old Foursquare has just announced an important milestone: 10 million user accounts. The company will pass 750 million check-ins later this week, with users are now averaging about 3 million check-ins a day. (TechCrunch)…
EveryBlock, the website that collects community news and connects neighbors with each other, has hired a new president, Brian Addison, to oversee its growth and marketing efforts. Founder Adrian Holovaty remains with EveryBlock, focusing more on product than business. (Chicago Tribune)…
Patch Partners With Geomentum to Attract Big Brands
It’s widely known that AOL’s Patch network has been hemorrhaging money at a rapid clip — and that ad sales across its network of over 800 hyperlocal sites aren’t yet where they would need to be to ultimately make the company viable. But a new partnership with the country’s largest hyperlocal ad agency, Geomentum, could potentially turn into a major boost.