Facebook Places, much anticipated “Foursquare Killer”, about to launch?

The long anticipated geolocation feature from Facebook will be launching very soon. Apparently, “multiple sources” have told CNET this is the case. We have heard this before, from as far back as May, but surely it must be on its way now.

Word from said sources is that it will take the form of an Application Programming Interface (API) for other location-based services to be able to plug-into.

Facebook Places Foursquare Killer

Mathew Ingram at Gigaom has pointed out that it’s likely to be more than just a check-in API, as Facebook has said previously that it thinks of places as more than just a way to add location information to a status update, or to ‘like’ a café or bar you visit.

Indeed, I too wouldn’t be surprised if Facebook Places launches with the ability to associate photos, videos and comment-style reviews. I’ve said before that the ability to upload images and associate them with venues in Foursquare would be a welcome additional feature. I’m sure they’ll add it sooner or later. Yes, I know Gowalla fans, Gowalla already has this feature, but Foursquare has the momentum.

Facebook has partnered with Localeze to provide a business directory infrastructure  for the new location feature. This is the same company that powers Twitter’s Places directory. In addition, Facebook recently acquired Hot Potato, which is a service that focuses on user check-ins to events rather than locations. It remains to be seen how Facebook Places will be integrated with Facebook Events, but I’d have to say there must be a big opportunity there for that to happen. It could work out quite well.

Will Facebook Places be a Foursquare killer? What are your thoughts on that? Personally, I doubt it but it’s bound to attract a lot of users. Even if the percentage of Facebook users who take it up is reasonably low, with 500+ million users, it’s still bound to be a huge number!

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