Facebook Hires Gowalla Team; Will Shut It Down
PALO ALTO (CBS/AP) -- Facebook has hired the team behind Gowalla, the location service that lets people share where they are using their mobile phones.
Gowalla started out in 2009 as a way for people to share their location with friends and strangers by "checking in." Now, Facebook will wind down the service, as it often does when buying a startup to hire its talent.
Financial terms were not given. Gowalla co-founder Josh Williams says in a blog post that Gowalla will join Facebook in California.
Facebook says Williams, co-founder Scott Raymond and others at Gowalla will move to Facebook in January. Gowalla is currently headquartered in Austin, Texas. Facebook did not acquire the Gowalla service or technology.
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