Facebook is shutting down its Deals service reports Reuters. Facebook's Groupon-like deal service launched late April in 5 major cities and offered the ability to cash in on deals local to you and your network."After testing Deals for four months, we've decided to end our Deals product in the coming weeks," said a spokesperson."We think there is a lot of power in a social approach to driving people into local businesses. We've learned a lot from our test and we'll continue to evaluate how to bes [...]

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