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Loopt's Location-based Ads Hit the iPhone, 'Minority Report' Here We Come (Fast Company Magazine)

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Loopt , the location-based sharing service , has taken the logical next step for its system: Loopt on the iPhone now includes location-based advertising. We've been expecting this, but is it a sign the floodgates of location-ads are open? Loopt is in roughly the same game as Yelp, Foursquare, and a number of other players in location-based social networking. It's also a little like Google ...

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