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Tag Archives: Naveen Selvadurai

Microsoft invests US$15 million in Foursquare

Microsoft has made a modest investment in Foursquare, with the social network announcing a US$15 million injection.  According to the Wall Street Journal Foursquare CEO Dennis Crowley, Microsoft also signed a “multi-year contract to license Foursquare data in services such as its mobile operating system and Bing search engine.”  Microsoft is said to be Foursquare’s single biggest source of revenue.  ... Read More »