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Did Facebook Just Sound the Death Knell for Groupon and Foursquare?

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Facebook’s new Deals feature allows companies to make Groupon-like offers. And Facebook also gave apps the ability to share users’ check-in’s, indicating that the social network wants to become ground zero for location information. Facebook also made clear that the features it introduced yesterday–Single Sign-In, Deals, and the opening up of Location APIs (the pipes that enable the transfer of location information between apps)–are just the first step in a larger mobile strategy that includes location and social elements. To read more click here fastcompany.com


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