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Facebook Unveils a Service to Announce Where Users Are

Facebook
introduced a long-anticipated service called Places on Wednesday that
could help the company tap local and small-business advertisers and
sharpen its competition with Google.

Facebook’s Places borrows heavily from location-based social networks
like Foursquare and Gowalla, which allow users to check in at places and
broadcast their location to friends. But those companies, as well as
others like Yelp, said they saw Facebook’s Places as a complement to their own services and as an opportunity to gain additional distribution.

Read more via www.nytimes.com