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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."
> This is a huge blow for Apple
I doubt it. I've said (when Scott Forstall stepped down) that Apple realised that it's not in the data industry. Sure, they can do a bit in-house, but they just don't have the resources to cross the moat that Google has with its infrastructure, code, and expertise.
Apple does hardware, interfaces, and marketing very well. It leverages other company's products (its kernal, the BSD userland, GCC / LLVM, and Google's online stuff) when it lacks any real competitive advantage. Google is a harder pill to swallow (since they can't just fork it and modify things to suit their needs), but it's a battle they've chosen not to have.
Android and Glasses are what they should be focus on beating, and they won't beat them if they lumber their own devices with half-assed clones of the things Google does best.