Yes, really. Events, in order:
1. Swarm released
2. New 4sq released
The article talks about 2 then 1, implying incorrectly that new 4sq was released, people got pissed off, then swarm was released.
I don't think anybody is arguing that it wasn't part of the pivot. I specifically am calling them out for implying 4sq was reacting to users who were pissed off with their new app, when their new app wasn't yet released.