Microsoft is negotiating a stake in Foursquare

Phoenix Science and technology news Beijing time August 30, according to a Bloomberg report, people familiar with the matter said that Microsoft is negotiating with the check-in service Foursquare on potential equity investments. The talks are now in its final stages, according to anonymous sources. Foursquare also talks with other companies about potential investments, and negotiations with Microsoft may not be a deal. Foursquare allows users to sign in to the restaurants, stores, and other places they are visiting. Foursquare is also negotiating with venture capitalists who hold convertible bonds to convert the bonds into common stock, people familiar with the matter said. The talks suggest that potential investors are more bullish on Foursquare's prospects, which are starting to generate revenue through a new form of advertising. When a user is signed in at a particular field, Foursquare allows the brand to lock the user. Foursquare has now raised $112 million trillion, including $41 million trillion in April this year by issuing convertible bonds, which will allow it to continue refining the unproven business model while delaying discussions about the company's real growth. A stake in Foursquare will make Microsoft play a more important role in social media and mobile, where the software giant lags behind rivals such as Apple and Google. Foursquare has helped Microsoft by developing a version of Windows 8 application. With Apple iOS, Google Android smartphones and tablets widely popular, Microsoft's Windows 8 system is hard to attract developers. "It happens to be ' hearsay and speculation '. "Foursquare spokesman Branda Lewis (Brendan Lewis) said in an e-mail. A Microsoft spokeswoman declined to comment. (Compiling/Xiao Yu)