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06.27.2011 | Inc.com Daily

Foursquare raises $50 million, Skype's "evil" investors, the Chinese Twitter, ROI on social media and more. Foursquare takes the 'check.' Just a few days after Foursquare announced its partnership with American Express, The New York Times is reporting that they've raised another $50 million in funding. A shady move by Skype investors?

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With AmEx Partnership, Foursquare May Prove Social Media’s Real ROI

Today Foursquare announced a nationwide partnership with American Express to offer discounts to cardholders when they check in at select merchants. Now, after linking your AmEx card to your Foursquare account, you'll be able to earn special offers at certain retailers and restaurants: Spend $75 at H&M, for example, and you'll get $10 back on your next statement.

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