Internet giant Yahoo is in talks prior to the acquisition of Foursquare, which provides location (g

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Internet giant is expected to acquire Foursquare - a location-based social network - for $ 100 million, according to Silicon Alley Insider site. Both companies declined to comment on the report
Internet giant Yahoo is in talks prior to the acquisition of Foursquare, which provides location (geolocation). This was reported by Silicon Alley Insider site, based on a source close to bankers involved in the matter, and a senior source at Yahoo. However, a senior source at Yahoo qualified this statement by saying, "We're talking with everyone."
Yahoo and Foursquare refused sear to comment on the report. Foursquare is a location-based social network - using GPS devices smartphones reported by users of the service to the location of its members. The Silicon Alley Insider reports that Foursquare founder and CEO Dennis Crowley, the value of an intensive round of meetings last week, including representatives met Apple, Facebook and Twitter. Crowley declined to comment on that.
Yahoo acquired sear previously successful social services, such as site Delicious, which allows storage and labeling of links and sharing them with friends, and Flickr, a leading photo sharing site. Halle estimated Insider, Foursquare acquisition is consistent with the new policy of Yahoo CEO Carol leads the country, according to which we should prepare Fall of the network sites and the transition of the focus of attention of the users of Aflkitziot service line, based on the devices connected to the network, indoors sear and outdoors.
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