Microsoft Corp is in talks with start-up social networking company Foursquare about a possible investment.
The talks are at an advanced stage, but Foursquare is also talking to other potential partners.
According to Fox Business, Foursquare spokesman Brendan Lewis said via email that the talks fall squarely in the 'rumors and speculation' category.
A Microsoft spokesman declined to comment.
As social networking companies have come under increased scrutiny, particularly since the initial public offering of Facebook Inc, Foursquare has lost some of its luster.
Foursquare has raised a total of 112 million dollars, including a 41 million dollars convertible debt round in April, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app

