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August 24, 2011 12:27 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Znbn7ZoLSGk/
One Year Later, Facebook Killing Off Places "To Put Location Everywhere
It was almost exactly one year ago that Facebook launched Places, their location-based offering. Reading the press at the time, you would have thought it was going to be the Foursquare-killer, the Gowalla-strangler, the Loopt-beheader, etc. Nevermind that Facebook partnered with all of them for the launch " those guys were done. Fast forward to today: Foursquare recently raised a large round of funding valuing them at $600 million. And Facebook is killing off Places.To be clear, Facebook is not ducking out of the location game itself. In fact, you could say that they're doubling-down on it. But they are moving away from the game that the "check-in" services have been playing. And a result of that is Places being killed off and being replaced by new "Nearby" area, as Jason outlined along with the bigger privacy changes today.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Znbn7ZoLSGk/
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