Facebook moves into LBS with Places launch

Facebook announced its first move into the location-based services space with the launch of Places, an application which enables users to share their location and who they are with in real time from mobile devices.

Facebook mobile users top 150M; Foursquare 2.6M

More than 150 million users access Facebook from their mobile devices, according to a post on the company’s official blogsite

Foursquare in search talks with major Internet players

Location-based social networking service Foursquare is in talks with Google, Microsoft and Yahoo regarding search partnerships

Foursquare raises new funds

Foursquare, a mobile-based startup that lets people ‘check in’ at bars, restaurants and other places through their smartphones, has raised US$20 million from a group of venture capitalists to help fuel its expansion