Twitter has bought local discovery app Spindle. Spindle, available on iOS in the U.S., describes itself as a "news feed for your neighborhood", collating Twitter and Facebook posts from local businesses into a stream of local events and offers.
Source: http://feedproxy.google.com/~r/sewblog/~3/UogmSC2aeV4/Twitter-Buys-Spindle-Targeting-Local-Businesses
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