The buy could be part of Marissa Mayer's effort to focus on mobile users In an effort to boost its mobile offerings, Yahoo is reportedly finishing up a deal to buy Foursquare. Foursquare’s search app can be used to as a local city guide to find shops, restaurants and other points of interest. The startup also created the social networking app Swarm, which allows people to check-in at locations and see if friends are nearby. The deal, which would be worth around US$900 million, has been agreed to and the companies are now working through details, according to sources cited by TechCrunch. However, other sources said they had no knowledge of the deal. Neither Yahoo nor Foursquare immediately replied to requests for comments. If the rumors of the deal are true, the acquisition could be a part of Yahoo’s plan to stake its future on mobile users. At the company’s first mobile developers conference in February, CEO Marissa Mayer said mobile development is a priority and mentioned that more than half of Yahoo’s revenue comes from mobile users. Mayer also said that 575 million of Yahoo’s 1 billion users interact with the company’s products on mobile devices. Related content news Gen Z workers pick genAI over managers for career advice Nearly half of Gen Z employees surveyed by an outplacement services firm indicated they'd trust a chatbot like ChatGPT for advice over their manager, who many said don't support their career development. By Lucas Mearian Apr 23, 2024 5 mins Technology Industry Artificial Intelligence Careers news Adobe’s new Firefly Image 3 adds genAI features to Photoshop The latest iteration of the Firefly AI generative AI model brings improved image quality, more control over outputs, and deeper integration into the Photoshop image editing app. By Matthew Finnegan Apr 23, 2024 6 mins Adobe Systems Generative AI Productivity Software news Enterprises want AI PCs, just not yet A new study suggests AI PCs continue to face challenges in enterprise adoption even as companies show a strong interest. By Sandeep Budki Apr 23, 2024 5 mins Windows PCs opinion Will the four-day work week finally come to pass? With 30% of US companies at least exploring the idea now, and a small but growing number of companies actually trying it, there's a real possibility it will take hold. By Scot Finnie Apr 22, 2024 5 mins Technology Industry IT Strategy Productivity Software Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe