Red Robot Labs Raises $8.5 Million to Try to Bring Mobile Games to Real Life

Red Robot Labs has secured $8.5 million with the aim of integrating real locations into mobile games.
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CityPockets Acquires DealBurner to Alert Users of Nearby Daily Deals

New York-based CityPockets is expanding into one of the biggest trends in daily deals by acquiring DealBurner, which sends a text message to users when a deal is located nearby.
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Groupon Slashes Real-Time Deals on Friday to $1 in Chicago

Groupon is serving up a dollar menu of deals in its hometown of Chicago for a 24-hour period on Friday as part of a promotion to launch its new real-time offers service.

Checking In With Foursquare’s Dennis Crowley at Mobile World Congress (Video)

At the outset of his first-ever trip to Barcelona for the big cellphone industry trade show, Foursquare’s chief executive sits down to talk about the future of his location-based service.

Investors Bet on Another Real-Time Start-Up. Next Up for Hot Potato: Product, Users.

Here’s a good way to get your hands on scarce venture capital money: Create a start-up geared around Twitter-like “real-time” sharing and conversations. The newest entrant: Hot Potato, a buzzy start-up that’s supposed to let users converse about a particular event, whether they’re attending it in person or watching from afar. When it’s up and running, that is. The five-man crew doesn’t have users or a product just yet. But it has just raised around $1 million.
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USB Group Says iTunes Can Block Pre