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Around the Net

Google, Facebook Reportedly In Talks To Buy Waze

Bloomberg Businessweek, Friday, May 24, 2013 12:40 PM

Google and Facebook are reportedly in talks to acquire Waze, a mapping startup that gets information through crowdsourcing. Neither suitor is close to sealing the deal, according to Bloomberg. Interestingly, Waze investors include Redmond, Wash-based Microsoft, Kleiner Perkins Caufield & Byers, and Hong Kong billionaire Li Ka-shing's Horizons Ventures Hong Kong.

Read the whole story at Bloomberg Businessweek »

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