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April 25, 2015 11:25 PM ET

Software

Company Overview of Foursquare Labs, Inc.

Company Overview

Foursquare Labs, Inc. develops applications that learn what people like and leads them to places they love. The company enables users to find recommendations based on their tastes and give ratings for similar places. It offers Foursquare API, which gives access to places database and the ability to interact with Foursquare users and merchants; and Swarm, an application to keep up and meet up with friends. It serves customers in Belgium, Brazil, Canada, Chile, Finland, France, Germany, Great Britain, Hungary, Indonesia, Japan, Mexico, the Netherlands, the Philippines, the Russian Federation, the United States, Singapore, Spain, Thailand, and Turkey. Foursquare Labs, Inc. was formerly known as...

568 Broadway

10th Floor

New York, NY 10012

United States

Founded in 2009

Phone:

646-380-4813

Key Executives for Foursquare Labs, Inc.

Co-Founder and Chief Executive Officer
Head of Product
Head of Engineering
Head of Mobile Engineering
Compensation as of Fiscal Year 2014.

Foursquare Labs, Inc. Key Developments

Foursquare Introduces New Advertising Tool 'Pinpoint'

Foursquare is introducing a new advertising tool called Pinpoint, which takes advantage of the platform's location expertise to target users based on where they go in the real world. Place Shapes: The platform can be used to advertise outside of Foursquare's apps, and it's cross-platform so it can work with a variety of devices.

Yahoo Is Reportedly In Talks To Acquire Foursquare

Yahoo! Inc. (NasdaqGS:YHOO) is reportedly is in talks to buy Foursquare Labs, Inc. for around $900 million.

Blue Calypso Announces the Court Lifts Stay and Sets Trial Date in Patent Infringement Case

Blue Calypso, Inc. announced that the Court has ruled to lift the stay on the pending patent infringement litigation in the Eastern District of Texas between the company and Groupon, Yelp, Foursquare and IZEA. A trial date has been set for December 14, 2015. In January 2014 the parties agreed to ask the court to stay the litigation in the Eastern District while the Patent Trial and Appeal Board (PTAB) considered the validity of the patents. The parties agreed that if the PTAB held any of the patents valid, the litigation would be accelerated to make up for lost time. This past December, the PTAB found that twenty-eight claims across four of the patents were indeed valid. Despite the defendants' prior agreement, they opposed lifting the stay. The court overruled the defendants, lifted the stay and set an accelerated trial date. There are no further obstacles to the trial at this point.

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