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Foursquare Hits Quarter-Billion Valuation: Report (Updated)

Foursquare, the mobile service that rewards users for providing real-time information on their whereabouts to friends and acquaintances, is now worth more than $250 million, according to Bloomberg’s account of statements by co-founder Naveen Selvadurai.

Bloomberg reports:

Foursquare, which Selvadurai said will probably have 10 million users by June, faces increasing competition from location-based Read More

foursquare

Foursquare Users Cleverly Combine Words 'Slush' and 'Apocalypse'

As of a few minutes ago, the Foursquare “moving target” called “Slushpocalypse 2011″ was trending, with 166 users “checking in” to a seasonably bad day of weather in New York. The phenomenon appears to piggyback on social media enthusiasts’ penchant for hyperbole, as evidenced in recent use of “snowpocalypse,” and other insipid formulations designed to Read More