GO
Loading...

Enter multiple symbols separated by commas

Microsoft in talks to buy stake in start-up Foursquare: Bloomberg

Chris Ratcliffe | Bloomberg | Getty Images

Microsoft is in talks with social networking company Foursquare about a possible investment, Bloomberg reported on Thursday.

The talks are at an advanced stage, but Foursquare is also talking to other potential partners, the report said of the company whose users can "check in" to locations they are visiting and share relevant tips.

"This falls squarely in the "rumors and speculation" category," Foursquare spokesman Brendan Lewis said via email.

(Read more: Microsoft CEO Ballmer to step down within 12 months)

A Microsoft spokesman declined to comment.

Foursquare was a start-up darling three years ago. But as social networking companies have come under increased scrutiny, particularly since the initial public offering of Facebook, Foursquare has lost some of its luster, many investors around Silicon Valley have said.

Foursquare has raised a total of $112 million, including a $41 million convertible debt round in April.

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Squawk Alley