Facebook buys out location guide startup
In it’s hunt for new talent, Facebook has purchased location-based activity guide startup NextStop, the company announced Friday.
The two-year-old NextStop, which allowed users to share recommendations about local activities, will be shutting down on September 1, and will give current users export tools to preserve their data. The company’s database of nearly 100,000 recommendations and locations will be released publicly under a Creative Commons license which allows commercial use (CC-BY).
A Facebook spokesman called the buyout “a small talent acquisition,” according
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