For those unfamiliar, Foursquare is an app/service that allows users to check-in to various locations, leave reviews, and collect badges. The service is integrated into other apps, such as Instagram where it is used to retrieve locations, although recently it looks like Microsoft and Foursquare have managed to negotiate a deal in which both companies have entered into a data licensing partnership.
On Tuesday, Foursquare, the location-sharing application, announced a data licensing partnership and $15 million investment from Microsoft. The partnership is described as a “commercial and technical” licensing deal that will knit Foursquare recommendations into Microsoft’s local and search products over the next four years. Foursquare recommendations could show up in a mobile Bing search, for example. The deal, which is not exclusive, is expected to generate revenue for Foursquare, according to the company. The company declined to be more specific about the terms.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
Fiat Chrysler is lagging behind the rest of the automotive industry when it comes to autonomous vehicle development, and CEO Sergio…
I'm sure you've heard about that man-made island chain that China has built in the South China Sea, the one…
Apple's leadership stands behind the company's decision to fight against the government's demands to break the iPhone's encryption, and it…
Ever since Apple refused to assist the FBI in breaking through the iPhone's encryption last month, the United States has been…
