Tech Summit Q&A, final day: Verizon, Foursquare, LivingSocial
Being social, going local, and paying for the privilege were hot topics on the last day of the Reuters 2011 Global Technology Summit.
Verizon CFO Fran Shammo got testy when Reuters reporter Jim Finkle asked him if he would reconsider charging mobile customers in addition to their data plans to tether their devices:
Shammo went on to explain Verizon’s decision to replace unlimited mobile data mobile plans with tiered pricing this summer.
Privacy matters more when you’re mobile and Foursquare co-founder and CEO Dennis Crowley sought to reassure users of his social networking service that their information is safe in his hands.
Local commerce using social networking tools has taken off. In this clip, Crowley discusses a future source of revenue and how it benefits merchants:
Lastly, LivingSocial co-founder and CEO Tim O’Shaughnessy pinpointed the pros and pitfalls of growing his company quickly: