Is Yahoo Buying Foursquare?

April 16, 2015 10:44 AM

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Yahoo, flush with cash from the sale of its stake in Alibaba and anxious to remake itself as a mobile-based business, may be in late-stage discussions to acquire Foursquare, according to TechCrunch — which admits that even its own sources at Yahoo don’t agree on whether a deal is actually in the works.

On Wednesday (April 15), TechCrunch reported that according to sources on both coasts — Foursquare is based in New York, Yahoo in Silicon Valley — a Yahoo/Foursquare deal is either being finalized or well underway. However, TechCrunch said other sources at Yahoo reported that they’d heard nothing ab...

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