This week's Skim: Facebook's new standalone app wraps Yelp, Foursquare, and Facebook Events into one; Snapchat's massive redesign and upcoming algorithm; LinkedIn streamlines Lead Gen Forms for messages; Amazon courts Instagram and Twitter influencers with a commission program; the social app that was just bought by a Chinese startup for nearly $1 billion; why Pinterest just created its own version of QR codes, and how your brand could use them; and much more...

Skim to spend your time wisely!

1. Facebook launches Local, a standalone app to destroy Yelp and Foursquare

What's more credible to a consumer than their friends' and families' endorsements? Not a whole lot. That's what Facebook's banking on its new app that fuses the power of the world's biggest social network with the recommendations of your closest friends.