I'm writing an iOS application and it would be very handy to know the way to find a nearest business name (and especially business type, such as restaurant/hotel/store etc.) by a GPS coordinate, or at least by an address.
So just curious, is there such API/Web service out there?
OK, it seems like I have to answer my own question. I didn't try it out in code, but the answer is here: http://code.google.com/apis/maps/documentation/places/
Unfortunately there seems to be a cap on how many times Google places API can be called (for free), i.e. 1000 times per day (for the same API_key.)