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Tuesday, December 1, 2020

Facebook Buys Gowalla [REPORT]

Gowalla, the location-based service provider have been reported purchased by the social networking giant, Facebook, according to a report.

A source that is very close to CNN Money quotes a source closer to Gowalla who says Facebook has acquired Gowalla for an undisclosed sum of money. However, the report says, the greater number of Gowalla’s employees are set to move from the Austin, Texas, headquarter of the company to Facebook’s Palo Alto, California office to work on the Facebook’s Timeline feature. The company’s founder, Josh Williams included in the list of employees that will move from Gowalla’s Texas office to California, according to the report.Gowalla acquired by Facebook“It’s a perfect match for the two companies,” an unidentified source was quoted by CNN Money here saying; “As far as the big picture, Gowalla’s vision is about people telling stories, and Facebook’s vision for Timeline is about stories about important moments in life.”

However, to make the news matured, TAL contacted one of the Gowalla’s representative who immediately declined the comments made on the report, quoting a policy against responding to “rumors and speculation.” Also, getting access to have a talk with a Facebook Reps wasn’t an easy thing as well, because we couldn’t reach any of Facebook’s representatives.

In the meantime, the chief-rival to Gowalla, Foursquare, released a statement about the obvious move, saying in a statement; “Congrats to Josh and the team in Austin. Here at Foursquare, we will continue to focus on building an amazing product and growing our 15,000,000-strong community.”

Techatlast and Mashable will keep you posted as other details of the transaction comes to the open stage.

Olawale Danielhttps://olawaledaniel.com/
Olawale Daniel is a business builder and psychologist, a network marketing professional, a world-class motivational speaker, a successful internet entrepreneur and a digital media strategist interested in all things mobile and digital — start-ups, media, branding. He started TechAtLast back in 2010 as a platform to quench his thirst for latest technologies. As a motivational speaker and author, Olawale has published several motivational and personal development books and he's currently working on "SUCCESS AHEAD - Don't Quit" which is billed to hit the stand by Q4 of the year. He writes regularly on his personal website on motivation and personal lifestyle and tips for network marketing success, OlawaleDaniel.com. His latest book on How to Sponsor More People in Your Network Marketing Business is still one of the best sellers in its category. He's presently working as a Health and Wellness consultant at BURN SLIM TRIM Inc., a firm that helps people regain their perfect lifestyle through state-of-the-art recent discoveries way back from nature. He's also the brain behind FOBCourse, a business university for startup entrepreneurs in Africa.

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