Facebook sets its sights on Yelp with a new app called Local

Facebook sets its sights on Yelp with a new app called Local

Although Facebook has 2 billion users, and many of its other products have around 1 billion users, Facebook has not had a lot of success at launching entirely new products. It purchased WhatsApp and Instagram for billions of dollars, and it ended up copying many aspects of Snapchat’s service and integrating them into its apps…