Street Fight Daily: 05.04.11

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A roundup of today’s big stories in hyperlocal media, technology, advertising and startups.… E-commerce giant eBay said in February that it is eying deals that more closely link the online and brick-and-mortar shopping experience. Hyperlocal has become a common phrase for the company as it targets firms that can connect shoppers to local merchants. (The Street)…

AOL HuffPo is launching three new Patch sites geared towards Latino readership in Southern California by the end of the year. No decisions have apparently been made yet regarding which communities those sites will cover. (FishbowlLA)…

“People love getting advertising that is applicable to them, and 90% of every dollar is spent offline within 10 miles of the home,” says Topix CEO Chris Tolles. “Great hyperlocal advertising works to connect consumers to applicable business where they live.” (The Next Web)…