Google eyes Waze as Facebook circles hot web maps property


  • TECH
  • Monday, 27 May 2013

HANDY MAP: Waze, an Israeli mobile satellite navigation application, on a smartphone in this photo illustration taken in Tel Aviv. - Reuters

SAN FRANCISCO: Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.

Google's discussions with Waze, which one of the sources told Reuters remained fluid and could change in tenor at any time, come amid reports Facebook is willing to pay US$1bil (RM3bil) for the crowd-sourced service, which relies on information provided by its 47 million members to craft its mobile-oriented maps.

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