AOL CEO and Patch co-founder Tim Armstrong. Photo: TechCrunch/Flickr So many startups are focusing on local services, telling restaurants and shops they can reach nearby customers with carefully targeted online ads. But this kind of business is a serious grind, as you can see with the fall of Patch Media. AOL has at last said [...] The Hyperlocal Web Bleeds as AOL Pushes Patch to the Curb | www.limit.ws
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