Loopt

Three Tech Trends to Watch in 2011

What are some things in the tech world to look forward to in 2011? Here are a few things in my crystal ball worth keeping an eye on in the tech sector: Consolidation in enterprise computing, a check-in shakeout and a surge in crowd-sourcing businesses.

Facebook Buys NextStop for Location-Based Boost

Location-based services have seen rapid growth, with Foursquare the most prominent player. Facebook, wanting a piece of the action, has bought NextStop. The social travel recommendation site's location-based technology and engineering talent will be valuable to Facebook.

Investors Check In for Location-Based Deals

The idea may seem somewhat silly, but location-based services, such as Foursquare, Gowalla and Loopt, are likely to be enormous. And investors are racing to get a piece of the action, which will escalate valuations.