Are You Ready, Foursquare? Here Comes Facebook.

Okay, Dennis Crowley: Hope you’ve figured out the whole take-Yahoo’s-money-or-not thing. Because here comes Facebook. The social network is finally ready to start rolling out its location service this month, and big brands can’t wait to get started.

AOL’s “Forget the Last Few Years Campaign” Continues With Buy.at Sale

Another marker in Tim Armstrong’s campaign to undo just about every part the old regime at AOL: The company has sold Buy.at, an affiliate marketing company it bought two years ago. Meanwhile, we’re still waiting to hear what happens to ICQ, among other assets.

iPhone Maker Seeks Faster Boat to China

“We will enter Asia with the iPhone in 2008…we will one day enter China, we’re not saying when.” Apple COO Tim Cook said that back in March of 2008, and it’s a good thing he declined to offer a more specific timeline. Because here we are, well over a year later, and Apple still hasn’t managed to officially launch the iPhone to China. But it’s getting closer.
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Google’s Revenue Slumps, but Cost-Cutting Pays Off

As predicted, Google saw its revenue decline from the last quarter of 2008 to the first three months of this year. The search giant said it generated net revenue of $4.07 billion, which is down from the 4.22 billion Google notched in the previous quarter, and it’s a tad shy of the $4.08 billion consensus. But investors are going to be pleased with the non-GAAP earnings number: $5.16 share, up from $5.10 per share in the previous quarter and way, way above the $4.90 per share consensus. Bottom line: Google has cut back on its expenditures and that’s boosted profits.
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