Database Fees

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Foursquare Labs Inc. said it will charge

On June 27, according to the Wall Street Journal Web site, Foursquare Labs Inc. (Foursquare) said that in order to use the collected user sign-up information to generate income, the company will charge a large number of businesses using its restaurants, shops and other databases. Jeffrey Glueck, Foursquare COO, said the company is in talks with companies that heavily use their data to pay for or exchange services. Foursquar ...

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