Street Fight Daily: Facebook Ads, Groupon Investor Exits

A roundup of today’s big stories in hyperlocal content, commerce, and technology...

Facebook Working on Location-Based Mobile Ad Product (Bloomberg)…

Groupon Shareholder Kinnevik Heads for the Door (GigaOm)…

The Future of News: Mobile, Video, Data – And Crowdsourced (GigaOm)…

In Jefferson’s Hometown, a Hyperlocal Focuses on Digital Democracy

Brian Wheeler is executive director of Charlottesville Tomorrow, a thriving nonprofit hyperlocal in Virginia that focuses on land use and other civic issues that are key to protecting the character of the community that was the home of Thomas Jefferson. We talked to Wheeler about his unusual definition of user engagement, and how he’s working to take it to a new level…