TECH NEWS: Google think Facebook competition to buy a navigation application Waze

Thursday, May 30, 2013

Google think Facebook competition to buy a navigation application Waze

waze logo 1024x422 Google think Facebook competition to buy a navigation application Waze
Think a company Google acquired the company owner mapping and navigation application Waze so as to compete with Facebook , which reached negotiations possession of them for the last stages.
Bloomberg reported that the Israeli company Waze intend to get the amount of more than billion dollars of possession.
And the application uses the actual traffic data sent by millions of users devices for application around the world to tell the rest of the users and alert them in the event of the closure of one of the streets, congestion or a traffic accident, for example, and others and giving other alternatives they can Askouha.
The application uses information publications on social networks to improve the driving directions on the roads gives greater effectiveness for the use of mapping applications in directing our lives.
Google can take advantage of the technology Waze and annexed to its maps service adds more social benefits and increases the competitive advantages that are not available in maps services to rival companies, especially Apple.
According to the latest news from sources close to the deal that all possibilities are possible, including reject the company's possession and proceed to search for external funding.
The Waze application receives proceeds from the sale of ads that are displayed in the application, according to the geographical location of the user, and can be obtained free application is also available on the Web.