Looks like not everything Facebook touches turns to gold: Facebook is ending its Deals program, which offered the site’s 750 million users discounts similar to those offered by daily deals site Groupon. Facebook said in a statement 8/26 it decided to end Deals after four months of testing. The service will wind down in coming weeks. It was available only in Atlanta, Austin, Dallas, San Diego and San Francisco. Facebook Deals are pre-paid coupons, purchased on Facebook with Credits or a payment card.
Facebook said it remains committed to serving local businesses through ads, pages and other products. And it will continue to offer ” Check-in Deals,” which let businesses like restaurants and stores offer deals to customers who “check in” through Facebook to let their friends know where they are.
The decision happened only days after killing the mobile-only version of Places.