Location, location, location
Both companies declined to comment on a story on Friday and over the weekend. CNN had the scoop about the social networking giant acquiring Gowalla, which I have taken to calling Not-Foursquare.
That’s because — despite its often clever approach and innovation — it never caught up with the leading social location service.
Gowalla, which changed its approach several times, had been for sale for some time, said several sources.