by Jason Wilk on February 4, 2009
by John Jorgensen on November 12, 2008

- Loopt is reported to have been valuated at $500 million by investment bank Allen & Co.
- Loopt has hired Allen & Co., either for a sale or to raise another round of funding. Best guess points to the latter.
- The company has raised $13.3 million to date.
- Once the big social networks (MySpace & Facebook) decide to get into Loopt’s location-based social space, will they develop the technology in-house, or is Loopt an acquisition target down the road? They’re clearly doing something right.
TC
by John Jorgensen on November 7, 2008

- Geotagging support has come to FriendFeed.
- A Google Maps thumbnail is now added to any post encoded with location info, such as those made from services like location-based social app Brightkite and GeoRSS.
- If the locale info is there, the Gmaps thumbnail is generated and posted automatically.
- Terribly boring example geotagged post here.
- This is cool, but is potentially like, totally TMI (too much information). So you make a blog entry — do I need to know exactly from where you’re making it? Only if its relevant to the post. Otherwise it just clutters up my Friendfeed interface which is already busy as hell.
VentureBeat
by John Jorgensen on October 16, 2008

- Brightkite, the location based social network that can find the location of your wi-fi connected laptop, is releasing an iPhone app that integrates with GPS.
- Be notified when other users are in your vicinity with the option to initiate chat.
- Broadcast your location to your friends at any time.
- Enters a competitive field: six other location based iPhone networks want to be #1, but Brightkite’s 50k+ user base along w/SMS integration gives them a head start.
I could see this beating out Loopt – if done right, Brightkite could become the de-facto location based social app for the iPhone. Well, until Facebook moves in, of course.
Mashable