Twitter acquires Spindle, a social network with an emphasis on local updates

Good news for the folks at Spindle came today, as the provider of hyperlocal offers from businesses was acquired by Twitter. Described by the company as, "a tool for tuning into your surroundings," the service pulls updates from Twitter and Facebook and categorizes offers around themes such as restaurants and shopping. Spindle also includes a social element, with the ability to share check-ins through Facebook and Twitter. The service is currently limited to 11 cities, which includes New York, Los Angeles, San Francisco and Chicago, but according to the company, "By joining forces with Twitter, we can do so much more to help you find interesting, timely, and useful information about what's happening around you." As sad news to current users of Spindle, however, the service will shut down effective today, as the team prepares for its transition to the Twitter team in San Francisco. At any rate, it looks like the folks at Lucky Sort won't be the rookies of Twitter HQ anymore. For a peek at what Spindle entails, just hop the break.

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Twitter acquires Spindle, a 'news feed for your neighborhood'