Yes, Facebook Is Talking To Foursquare

Recently we heard from sources close to Facebook that the company was in conversations with Foursquare about a potential acquisition and/or some form of partnership. Unfortunately the details have been slim but Kara Swisher is also hearing things as well. The most apparent thing about these conversations is that Facebook has yet to finalize their plans for location.

One thing that’s clearly appealing about Foursquare is their ability to already monetize. The company has launched branded partnerships with the History Channel, Bravo, MTV, VH1, Zagat, the Wall Street Journal, and more. Facebook wants to be able to help improve their small business marketing portfolio and location is increasingly going to play a role in this space.