- Infowars - http://www.infowars.com -

Facebook Ready to Introduce New Location Service, Analysts Say

Posted By Matt Ryan On August 18, 2010 @ 11:46 am In Big Brother,Old Infowars Posts Style | Comments Disabled

Brian Womack
Bloomberg BusinessWeek
August 18, 2010

  • A d v e r t i s e m e n t
  • {openx:49}

Facebook Inc. may unveil location services for its site today at a company event, taking a page from fast-growing startup Foursquare Labs Inc., analysts say.

Facebook, the biggest social-networking service, has said for months that it’s working on a location feature, without providing details. The company is holding a press conference this afternoon at its Palo Alto, California, headquarters.

Fresh food that lasts from eFoods Direct

Location-based services, which let users share information on their whereabouts and find friends nearby, could generate as much as $4.1 billion annually in advertising by 2015, according to Borrell Associates. The features help marketers more easily target customers, reaching shoppers when they’re close to making a purchasing decision. Facebook, which has more than 500 million members, is adding features and advertising options to its site to capitalize on its popularity.

Read Entire Article


Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/facebook-ready-to-introduce-new-location-service-analysts-say/

Copyright © 2013 Infowars. All rights reserved.