Microsoft is competing with American Express and other potential suitors to purchase an equity stake in mobile social network foursquare, Bloomberg reports.
Yelp is revamping its local merchant search and discovery application for Apple's iOS, rolling out an overhauled Nearby tab presenting customized recommendations influenced by the user's profile as well as contextual factors.
Facebook is redesigning its mobile Pages platform to help consumers more efficiently access local merchant information on the go.
Foursquare has secured $41 million in financing from private equity fund Silver Lake Partners and venture capital firms Andreessen Horowitz, Union Square Ventures, O'Reilly AlphaTech Ventures and Spark Capital.
Foursquare is rolling out a new version of its mobile social networking application for Apple's iOS, further emphasizing local search and recommendation features over its signature check-in model.
Uber Technologies is expanding its on-demand car service to the BlackBerry and Windows Phone mobile operating systems, concurrently updating its application for Google's Android.
Foursquare introduced a new standalone app for Apple's iOS enabling its merchant partners to post photo updates, manage specials and offers and monitor analytics.
Apple is in preliminary discussions to integrate foursquare local data into its fledgling Maps platform for iOS, The Wall Street Journal reports.
Foursquare is struggling to attract investor interest in the wake of declining growth and social networking giant Facebook's discouraging IPO, The Wall Street Journal reports.