This isn't really a search news item but it's still worth a mention given the massive amount of interest these days in local search, mobile search, and online mapping tools.
About 10 days ago Nextel and MapQuest announced a service that delivers location-based maps and local info (shops, restaurants, etc.) to any Nextel GPS-enabled phone. The service is called MapQuest Find Me. The service also allows you to share your location with trusted people (via the web) and even send text messages through the service. Cool! According to the Find Me web site the service is powered by technology from uLocate.