Clear Channel last month launched ‘the largest online radio advertising network ever’ with their sales subsidiary Katz Media. Nearest competitor CBS Radio has been working on a similar online push through New York-based startup TargetSpot.

The panel at Mobile Monday discussed the role of mobile and location based services in the monetization of social networks. ‘It can’t just be about advertising,’ says Verizon’s Jennifer Byrne.

Mobile search and advertising solutions provider Jumptap celebrated the opening of their New York office with a rooftop party at 230 5th.

Will location based services go the way of the internet fridge? The question was raised during Friday’s Focus on Locus conference at Columbia University.

Location, geospatial data, looks set to drive the next phase of the web. What’s holding up the arrival of the geoweb will be the topic of discussion at Friday’s Focus on Locus symposium at Columbia University.

The conference coincides with the market debut of the GPS-enabled iPhone 3G.

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