Foursquare checks in to $50M in fresh funding

Foursquare has raised $50 million in a new funding round led by venture capital firm Andreessen-Horowitz, bringing Foursquare's total venture capital investment to just over $70 million. The new backing will certainly come in handy as Foursquare works to keep its own edge in a growing space.…

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Can Your Phone Sense and Send You a Deal?

Visa has been working with the Gap on a campaign that provides discounts and promotions via text message when users make certain transactions on their Visa card. The program shows how mobile offers and discounts are incorporating more intelligence, which will be key for success.…

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Loopt Looks for Engagement in Location Q&A

Location-based app Loopt is looking beyond the check-in and trying to engage users by providing them information about what they should do they they arrive. Loopt is introducing Loopt Qs, a lightweight real-time question and answer feature that allows users to get answers to popular questions.…

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