Yahoo in talks to buy Foursquare: TechCrunch, citing sources

Anita Balakrishnan

Chris Ratcliffe | Bloomberg | Getty Images

Yahoo is in talks to buy Foursquare, location-based social "check-in" app, to the tune of $900 million, sources told TechCrunch Wednesday (Tweet This).
TechCrunch touched base with several unnamed sources who gave mixed responses to the possible acquisition. Yahoo's purchase of Foursquare could come as Yahoo CEO Marissa Mayer moves toward reviving the company's mobile presence, after acquiring other social apps, like blogging site Tumblr.

<p>Can Marissa Mayer change the game at YHOO?</p> <p>Harry McCracken, Fast Company, sat down with Yahoo CEO Marissa Mayer, to discuss Yahoo's future. McCracken discusses what Mayer had to say about mobile. </p>

Yahoo has been pushing to go "local," recently inking a deal with local review site Yelp to power listings on both desktop and mobile, according to TechCrunch. Yahoo and Foursquare did not immediately respond to CNBC's request for comment.
Read the full story from TechCrunch here.