Facebook Snatches Up FourSquare Functionality With DEALS
Yesterday, Facebook launched DEALS, aimed at allowing local businesses to present users with special offers when you check in to their “Place” on Facebook.
On their announcement page, many Facebook users raved about this “innovative” move by the social network. This may be an indicator that Facebook was quick enough to market with this copycat functionality and enough Facebook users may not have jumped on the FourSquare bandwagon yet.
Personally, I still think that Facebook is spreading themselves thin and will wind up in the same boat as MySpace. (remember that phenomenon?)

Deals will only be available in the United States initially.