Facebook acquires young online firm

2010-08-31 19:59:53 (GMT) (WiredPRNews.com - Press Releases)

08/24/2010 // San Francisco, California, US // TiffNews10 // News Desk

San Francisco – Facebook has made an acquisition of an Internet startup that allows users to check-in with their friends using smartphones. As reported by AFP, the social networking site has purchased Hot Potato, which announced the takeover last week.

Facebook is quoted in the report as stating of the acquisition, “We’re excited to confirm that we recently acquired Hot Potato, a service that helps people socialize around live events and share what they’re doing with friends… We’ve admired for some time how Hot Potato is tackling this space and look forward to working with them to bring Hot Potato innovations to Facebook.”

As noted by the AFP, launched its mobile check-in service eight months ago. Hot Potato, which is based in New York, is quoted in the report as stating of its service in a blog post, “Since going live last November, we’ve been inspired and energized by your reaction to the service and people’s appetite for socializing around activities and live events.”

The latest in Technology News

Media Information:

Address:
Phone: ——–
Url: http://TiffNews10.visionsmartnews.com/facebook-acquires-young-online-firm_2042.html