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	<title>The Tech Updates Dot Com &#187; Rounding Error</title>
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		<title>Why won’t location-based networks grow?</title>
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		<description><![CDATA[<a href="http://www.thetechupdates.com/191/why-won%e2%80%99t-location-based-networks-grow/"><img align="left" hspace="5" width="150" src="http://venturebeat.com/wp-content/uploads/2009/10/loopt1.jpg" class="alignleft wp-post-image tfe" alt="loopt1" title="loopt1" /></a>Loopt &#8212; perhaps the largest location-based social network, a network that uses your location to recommend places to go and inform you of friends around you &#8212; announced the acquisition of GraffitiGEO this week. Several industry observers and researchers are raving about the potential of location-based social networks for businesses and advertising. &#8220;Context awareness is [...]


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