Factual: Foursquare and Factual join forces to become a location data giant

Foursquare and Factual have joined forces with the aim to become a location-based data giant. Foursquare CEO David Shim boasted that by combining the two companies, "Foursquare is now the undisputed independent leader in location technology and data". "Individually, we've each built strong, successful companies that have made significant impacts on the industry," he said [...]