Report: Google, Facebook May Start Bidding War for Waze
It looks like Google may possibly place a more than a $1 billion bid on Waze. Probably less about making Google Maps better and more about stopping Facebook from getting a foothold in this segment. But why? Have you ever heard of Waze? I’ve heard that Apple had looked into them in the past, but since that I’ve not heard anything about them. Yahoo buying Tumblr I get; it makes sense. This goes to show a good idea and some hard work can really pay off.