There were whispers going around that Microsoft would be investing $15 million of their own money into Foursquare, which happens to be a location-based social networking service. According to the Wall Street Journal, this particular amount will also include a multi-year contract between the two corporate entities. Word on the Foursquare blog did mention that they will allow Microsoft to be able to access the company’s places database in their hardware and software products. Apart from that, Foursquare is also proud to announce that they have more than 45 million registered users (which is still a far cry from the 1 billion plus users on Facebook), and these 45 million folks have done their fair bit in assisting Foursquare to collect data from more than 60 million restaurants, stores and other locations.
Microsoft To Invest $15 Million In Foursquare original content from Ubergizmo. 
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