The navigation map provider based in Israel, Waze is up for grabs by both Google and Facebook. Google especially plans on outbidding Facebook in its quest for acquiring Waze. The two companies are in a struggle over this golden opportunity.
May 24 2013, 6:18am CDT
Facebook bears the imprint of its youthful creator and founder, Mark Zuckerberg to the hilt. The gigantic social networking site is ready to purchase a mapping/traffic app named Waze. The rate set for the app is a cool billion dollars. What began six months previously as tentative negotiations has progressed to a sealing of the deal.
May 9 2013, 8:20am CDT