Facebook is reportedly in advanced talks to acquire mobile navigation app Waze for between $800 million and $1 billion. Talks between the two companies began around six months ago, and a term sheet has already been signed, according to business daily Calcalist.
All items tagged with "Waze"
One of the apps commonly toted as a replacement for iOS 6’s Maps app after the latter was released (and proved to be something of a debacle for Cupertino) was Waze, a crowd-sourced traffic app.
Now, according to a new interview conducted on-stage at AllThingsD’s Dive Into Mobile Conference, even Waze CEO Noam Bardim was surprised by how many people hated Apple Maps, and said that two years previously, consumers would have thought is was amazing.
John C Dvorak, Leo Laporte, and a couple of other folks involved in This Week in Tech (TwiT) had a meeting together at the Apple campus at 1 Infinite Loop in Cupertino this past Monday, and they ended up having an informal battle of the navigation apps in the three cars they were each driving. TWiT CEO Lisa Kentzell and marketing guy Glenn Rubenstein were in one car, using Apple Maps, while Laporte was using Waze, Dvorak using Google Maps.
Dvorak wrote the story up over at PC Magazine, and claims that Apple Maps got the TWiT folks to the Apple campus faster than either Waze, which came in dead last, or Google Maps. We can count on this being the truth of their experience, as anyone of Dvorak’s stature might have a hard time admitting that he lost a race.
It’s hard to believe we’ve just finished our 50th CultCast! But we’re not stopping to celebrate just yet.
On our newest episode, we say why Apple Maps integrating with Waze maps makes too much sense not to happen; why Bill Gates just made Microsoft Surface the new Christmas coal; and as we prepare to journey to Las Vegas for CES, we review which new gadgets and tech we’re most excited about, and give you the inside scoop on what it’s really like to report live from one of the biggest tech conventions in the world.
Yesterday, we reported with intense skepticism the “rumor” (in actuality, baseless speculation) that Apple had offered Waze, the social turn-by-turn navigation company, $500 million in a potential buy-out deal.
The deal didn’t make a lot of sense for a number of reasons, and now, it looks we were right to scoff. Techcrunch — the same publication that initially publicized the so-called Apple/Waze “deal” — is now saying that no deal has ever been on the table.
File under: Rampant Speculation. Apple Maps is pretty bad compared to Google Maps, and they need to get it fixed in a hurry, by either chaining their engineers to their desks, or buying another company with enough talent to fix Scott Forstall’s biggest snafu.
There was a ridiculous rumor last month that Apple might acquire TomTom to fix Maps, and now the web has sprouted another crazy rumor that Apple might acquire a different mapping company to fix Maps: Waze.
Apple CEO Tim Cook has today issued a letter to customers regarding the issues they have been experiencing with Maps in iOS 6. Cook says Apple is “extremely sorry for the frustration” the new service has caused to its customers, and he insists the company will continue to work incredibly hard until Maps is fixed. Cook even suggests a number of alternative services users can try in the meantime.
The full letter is below.
Where To?, the popular discovery app for the iPhone, has received its latest update today, introducing support for another five navigation apps, and a number of handy new features including support for multiple images for each place listing, more reviews, and new categories.