The list of novelty services by the Internet giant, however, includes two more. „What's Nearby” is a brand new search function for Google Maps that provides information about the 10 closest places of interest in your vicinity, including restaurants, shops etc. and you get it via a single screen tap. The functionality of the service will later be expanded to support product inventory information from local retailers. Similarly to Google Goggles, "What´s nearby" is currently available to people using handsets based on Android version 1.6 or newer. Everyone with an iPhone or Android cell phone, however, will soon be able to take full advantage of the new service directly from Google´s web page, by clicking the option "Near me now".
"Favourite Places on Google" is the second new service of Google Maps that provides information and customer reviews for various objects, places and venues, based on the use of unique bar code decal they get assigned.You need to install a bar code reader application to utilize the new function and at this time, the service recognizes over 100,000 objects in more than 9,000 cities in all 50 states and the number is rapidly growing.
source: Official Google Mobile Blog, more, TechRadar