Today Facebook announced Facebook Deals which will allow businesses to post up deals for people who checkin. Facebook is offering this service for free, here is more details about it: Link.
My first thought is that Dennis Crowley's arrogance cost him $125 million....he could have sold Foursquare to FB earlier this year but instead decided to hold out and now he is going to get crushed. Not only him but all the other location-based apps such as Gowalla, Loopt, MyTown, SCVNGR. Remember a few months ago when Facebook announced Facebook Places and they said they weren't here to crush the location based apps, well who would have saw this coming right(sarcasm)?
But does anyone else think that FB is trying to hard to crush the competition? They recently updated their photos app to crush Flickr and now Deals which is going after all the location-based apps and Groupons. Seriously who wants to pay for Groupons or any of the location-based apps when its free on Facebook?
I personally think this whole scenario is possible because tech start ups stopped innovating, companies rather create FB apps then go up against them. While this is happening FB gets bigger and bigger and crushes all the smaller guys. This is the reason why my friends and I decided to create a new type of social network, focused on people who are adventurous, people who want to be social off the computer, people who wants to improve themselves thru creating goals.
MyLifeRank.com doesn't have the expectations of ever overtaking FB, but we believe it’s about time someone tried to make something unique and not another FB app.
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