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Monday, December 5, 2011

Facebook 'buys Gowalla to bolster location offering'

The social network is understood to have struck a deal with the Texas-based location start-up. Facebook has declined to comment. However, Josh Williams, the founder and chief executive of Gowalla, did not deny the deal was going through in an email to AllThingsD, an American technology site. 

He wrote: “The ink on the deal is not dry, so our holding pattern is that we do not comment on rumours and speculation. I have another email penned that was ready to send you today, assuming you would get this news before the story was officially released. “But now it is all over Twitter, so you have likely heard. A longer email will be sent soon.” 

Gowalla, a mobile phone app, allows people to share the details of their location by checking-in to different venues. People can score points by checking-in multiple times to the same place and create a visual picture of their day using the service.

daily telegraph Dec 5,2011 |  full news.