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OpenTable will pay $10 million for Foodspotting app

The next time you are on Broadway and craving dim sum, OpenTable Inc’s newest app will show you what your lunch might look like at the Golden Unicorn versus Joe’s Shanghai.

The online restaurant reservation company said it will pay $10 million to buy Foodspotting, an application for finding and sharing photographs of dishes at restaurants.

The acquisition underscores OpenTable’s push into mobile, which it expects to spur its next round of growth. In October, the company introduced a free service that would make it easy for restaurants to optimize their websites for mobile devices.

The app will allow users to search for a type of dish or a specific restaurant, and show user-uploaded photographs of various meals, letting users recommend food and see what others suggest.

Foodspotting started in 2010 and has raised about $3.75 million. More than 3 million dishes have been photographed and shared through the app.

Facebook’s new class of apps expand the social vocabulary

Time was when “liking” something on Facebook was the standard way to recommend something on the social network.

Now Facebook users will have a whole new vocabulary at their disposal so they can tell friends they “want” tickets to an upcoming rock concert, they are “cooking”  a certain dish or that they “ran” five miles in the park after work.

On Wednesday evening, Facebook announced the availability of more than 60 third-party appsthat can be integrated directly into Facebook, including apps from Ticketmaster, Airbnb, Foodspotting and Pinterest. Facebook also said that any software developer can now create their own such specialized apps for Facebook integration and submit the app to Facebook for approval.

For Web startups, 2011 kicks off with flood of funding

MARKETS-KOREA-FOREX/The East Coast has been buried in copious amounts of snow this winter. In Silicon Valley, the only thing falling from the sky seems to be money.

If the first couple of weeks of the new year are any indication, Web startups appear to be awash in cash, with every day bringing one or more high-profile funding announcements.

The latest company to join the fund-raising parade is Formspring, which announced Wednesday it has raised $11.5 million in a round led by Redpoint Ventures. The San Francisco online social networking service, which has garnered more than 20 million registered users since launching 14 months ago, actually raised the money late last year, but had not disclosed the round until now, CEO Ade Olonoh told Reuters.