Ten days ago Foursquare reached the two-million-users landmark, just three months after it had reached the one-million mark. A week earlier, the company received $20m in venture capital from a who's who of Silicon Valley luminaries. It appears the trajectory for Foursquare is only upwards. But as the critical mass of Foursquare users swells and intensifies over the coming months and years, the concerns over privacy are likely to magnify. In June, Webroot, a Denver-based internet security firm, surveyed 1,645 users of "geo-location-ready mobile devices", including 624 in the UK: 29% said they shared their location with people other than their friends; 31% said they accepted a friend request from a stranger; and, yet, 55% still said they were worried about their loss of privacy.
Nicholas Lan on 25 Oct 13some interesting recommendations part of a current discussion between the commission and some member states in a general, and apparently popular with all parties, drive to reduce bureaucracy to, among other things, stimulate innovation. Firms face a challenge. They produce superb products, offer world-class services and benefit from being able to sell to a European market of 500 million customers. But they are often encumbered by problematic, poorly-understood and burdensome European rules. The impact is clear: fewer inventions are patented, fewer sales are made, fewer goods are produced and fewer jobs are created.
LeopoldS on 27 Oct 13what hypocrites ... "As businesspeople, we are convinced that these and many other problems must be addressed if British and European firms are to compete in the global marketplace. We need regulation to operate in a pan-European market. We are not against regulation per se. But we need regulation that is pro-growth and pro-innovation." sure ....
