It looks like a new application is coming to the iPhones with Loopt. Loopt acts as a GPS-like app which runs simultaneously on the Apple iPhone with permission from the actual owner of the device. The Loopt app is designed to pinpoint the iPhone owner’s exact location through other compatible services.

The Loopt app was permitted by AT&T which would now require subscribers to pay a monthly fee of $3.99 for the new feature. There is a free 14 day trial for subscribers to try it out. The coming of this app can be useful for parents who often worry about their children when they are out on their own. It may also be a good tracker for erring husbands or wives, provided of course they approve it when they are being tracked!

(Source) Tech Whack