Soon Facebook May Have Waze (of Knowing Where You Are)

Thursday, May 9, 2013
Facebook's willing to pay somewhere between $800 million and $1 billion for Waze, an Israeli mapping start-up, likely because of the location based ads it could bake into its app. That's a pretty hefty (rumored) price-tag for a start-up. But a crowd-sourced GPS service makes a lot of sense for Facebook, mostly because the location data will give Facebook one more point of reference for targeting ...

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