Waze is a navigational app that offers crowdsourced information on things such as traffic conditions, with the information and map updates coming from users themselves. The app has long been the source of acquisition rumors, with word having surfaced back in January that Apple was looking into buying the company, something that was later denied by sources. This was followed up earlier this month by a new rumor, this time that Facebook is looking into buying the company for $1 billion, and now new sources are saying Google is considering tossing a bid into the mix.
Waze is a navigational app that offers crowdsourced information on things such as traffic conditions, with the information and map updates coming from users themselves. The app has long been the source of acquisition rumors, with word having surfaced back in January that Apple was looking into buying the company, something that was later denied by sources. This was followed up earlier this month by a new rumor, this time that Facebook is looking into buying the company for $1 billion, and now new sources are saying Google is considering tossing a bid into the mix.
source:bloomberg
source:bloomberg
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