Tumblr will begin delivering promoted posts to its mobile users as well as its desktop users, the company said today.
Foursquare is reportedly raising more venture funding to support its ongoing move into the local search space, but its valuation will likely remain flat at $600 million.
Foursquare launched its second stand-alone mobile app today, bringing its desktop Web business venue management tools to mobile for small business owners.
Foursquare published a map displaying its last 500 million check-ins, which it says it amassed over the last three months. With the world map, the company is making a not-so-veiled claim for relevance in the wake of a critical report released earlier this month by PrivCo, a financial research firm that specializes in private companies.
PrivCo, a company that supplies financial research into private companies, is predicting that Foursquare will fail in 2013, likely by being sold for a price lower than total funding the company has raised.