Tech

Why Facebook Won’t Buy Loopt

[credit provider=”Eng1ne via Flickr” url=”http://www.flickr.com/photos/eng1ne/3363925535/”] As Facebook tries to figure out its strategy for mobile and location-based services, it has sniffed around location-based mobile service Loopt.Sources close to the companies categorize the talks as casual and describe last night’s TechCrunch article about a potential deal as much ado about nothing.
Why Facebook Won’t Buy Loopt