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Google To Buy Waze For $1.3 Billion

An anonymous reader writes "Google and Israeli start-up Waze have agreed in principle on a deal in which the search engine giant will buy the road traffic information sharing application for $1.3 billion. Waze, which claims more than 40 million users, describes itself as an app bringing together 'the world's largest community of drivers who work together to fight traffic, and save time and gas money on their daily commute.' There have been previous reports that first Apple and then Facebook wanted to acquire the Israeli start-up."

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  1. Re:Not sure this is good by MrMickS · · Score: 5, Funny

    Instead of wasting so much money, I wish Google had investing in something much more worthwhile like offline navigation.

    If they did that how would they track where you are?

    --
    You may think me a tired, old, cynic. I'd have to disagree about the tired bit.