StraightUpSocial News Links for 2/8/2010

Loopt Partners With Mobile Spinach To Offer Location-Based Deals

Leena Rao at TechCrunch previews a new app from mobile social network Loopt that provides users with deals and coupons from local merchants, similar to the incentives offered to Foursquare and Yelp users.

Facebook Search Will Soon Have More Bing

Nick O’Neill at All Facebook tells us that the social network’s search function will soon see an upgrade with help from Microsoft’s Bing search engine, even though Facebook is no longer serving up Microsoft ad inventory.

Pepsi Picks Social Media Over Super Bowl Ads

Benny Evangelista at the San Francisco Chronicle takes a closer look at Pepsi’s decision to avoid advertising during the Super Bowl and instead turn its attention to social media.