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Facebook starts cashing in on YOU

On the tail of the news that Facebook will be testing a new deals service, Facebook has removed its old Deals locator landing page and put up a new Facebook Deals subscription page which allows interested users to subscribe for its coupon-like checkin deals. Subscribers will eventually get updates in their newsfeeds.

“We will test a new feature for our Deals product that allows people to buy deals on Facebook and share them with their friends. Local businesses will be able to sign up to use this feature soon and people will be able to find Deals in the coming weeks,” Facebook told PC World in a statement. More details on the product have not yet been posted.

While there’s a huge emphasis on social buying (, this new feature will be less about copying Groupon and more like Foursquare Rewards, where users who check in to a place will be offered localized discounts like 20% off on baby clothing and “Buy One Get One Free” lattes.

The new deals landing page supports San Francisco, Atlanta, Austin, Dallas, San Diego with “more cities coming soon.” The in-stream updates are not yet live.

Yeah, you knew it was coming. Now shut up and start buying stuff.

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