Rumor: Facebook buying Gowalla

Facebook is apparently, buying Gowalla. If you preferred Facebook Places, you're probably already using it. If you preferred Gowalla, well, looks like you'll soon be out of luck.

Most of Gowalla's employees, including founder Josh Williams, will move to Facebook's offices in Palo Alto. The team will work on Facebook's Timeline feature, which launched at this year's F8 conference and is gradually rolling out to Facebook's 800 million members.

If this pans out, best guess is the Gowalla iPhone and iPad apps aren't long for this world.

Will you switch to Facebook? Foursquare? Or is this it for you, time to check out of check in?

Source: CNN