Foursquare Data for Sale: Google, Yahoo and Microsoft interested

Location-based social networking service Foursquare is looking to share data from its 2-million subscriber user base, with one of three big search engine companies. According to a report in The Telegraph, the company is currently in talks with Microsoft, Yahoo! and Google.

As reported by Kenneth Musante at mediabistro.com, Foursquare’s social networking service lets users “check-in” at numerous locations, using their mobile phones. This of course is a great way of letting their friends know where they are at that current time.

Users also receive badges for checking in at the various locations or times, making it into a game – a bit like a virtual scavenger hunt!! Dennis Crowley – Foursquare’s co-founder – told the UK newspaper that he hopes to do for locations, what Twitter has done for topics.

“We can anonymize date and use it to show venues which are trending at the moment. Twitter helped the world and the search engines know what people are talking about. Foursquare would allow people to search for the types of places people are going to,” he said.