Report: Microsoft, Amex Compete For Foursquare Investment

By  |  August 30, 2013
 | 

Microsoft and American Express are reportedly competing for an equity stake in social networking giant Foursquare, sources told Bloomberg Businessweek on August 30.

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    A source told the media outlet that the two companies are competing for the right to invest in Foursquare rather than uniting for a joint bid. Other companies may also be involved in the investment.

    For more on Foursquare’s most recent update, click here. 


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