Around the Net
Waze Stirs Bidding War Between Google, Facebook
- Bloomberg, Friday, May 24, 2013 11:55 AM
Threatening a bidding war, Google is said to be eying Waze -- that social driving app that Facebook was reportedly close to buying for $1 billion earlier this month. “Waze is fielding
expressions of interest from multiple parties and is seeking more than $1 billion,” Bloomberg reports, citing sources. “The … startup might also remain independent, instead seeking
to raise a round of venture capital financing, the people said.”
