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FreightTech 25: Making Waze In The Tech World
Thursday, December 31, 2020 - 2:45pm | 457Waze shakes up traffic-mapping services Since 2013, Israeli company Waze has changed the way people get their directions. Waze uses crowdsourced information to direct users along city streets, notifying them of hazards they may encounter along the way. From speed traps to road closures to...
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Uber Hits A Series Of Speedbumps This Week
Friday, September 2, 2016 - 3:14pm | 380Looks like its “uh oh” for Uber. The digital ride-sharing platform had a series of troubles spanning from competition to the courtroom this week. Friday, the Chinese Ministry of Commerce announced it will launch an antitrust investigation against Uber due to speculation that the company...
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NHTSA Wants To Regulate Smartphone Map Aids
Monday, June 16, 2014 - 12:20pm | 585Distracted driving is dangerous. The National Highway Traffic Safety Administration and the Obama White House emphasized that point in a proposed new transportation bill that would not only place restrictions on built-in automobile navigation aids, but also apply to apps on...
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8 Ways to Build A Company That Google Will Acquire
Monday, January 27, 2014 - 3:53pm | 95Everyone is looking for the big exit. Entrepreneurs, investors, company employees with stock options -- they all want the same thing. Google (NASDAQ: GOOG) has provided some very big exits for a number of startups, including YouTube, Waze and Nest Labs. The search engine giant could provide an...
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6 Of Google's Acquisitions Over $1 Billion - And How They Worked
Monday, January 20, 2014 - 11:06am | 121Google's (NASDAQ: GOOG) has acquired more than 100 companies since February 2001. The search engine giant has not revealed how much it has paid for most of these firms. Among those that were reported, Google typically paid between $10 million and $100 million. There is a handful, however, that...
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Facebook Acquires Data Compression Startup Onavo (FB)
Monday, October 14, 2013 - 2:10pm | 536Israeli startup, Onavo, was acquired by Facebook (NASDAQ: FB), according to an Onavo blog post Monday. Onavo makes data compression software, which Facebook said it planned to use in promoting the goals of Internet.org. Internet.org is a pet project of Mark Zuckerberg who hopes to offer mobile...
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Apple Should Have 'Immediately' Apologized For iPhone Blunder
Wednesday, October 9, 2013 - 3:22pm | 816Roughly one year ago, Apple (NASDAQ: AAPL) CEO Tim Cook apologized for replacing Google Maps (NASDAQ: GOOG) with its own app. Known simply as Maps, the app proved to be more problematic than anyone could have ever anticipated. "At Apple, we strive to make world-class products that deliver the...
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Auto and Tech Companies Battle Over Your Dashboard (F, GM)
Thursday, July 11, 2013 - 9:39am | 671Your children can tell you if you don’t already know yourself, but that fancy, space-age navigation system in the console of your car is a dinosaur, regardless of the age of your car. Auto manufacturers understand that as well, and that’s why they, along with a host of other companies, are...
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The Most Likely Reasons Google Purchased Waze (GOOG)
Wednesday, June 12, 2013 - 7:25am | 601On Tuesday, Google (NASDAQ: GOOG) announced that it was buying mapping app Waze for around $1.1 billion. Details of the acquisition were not released other than to say that the company intends to allow Waze to continue functioning independently. This wasn’t an acquisition that felt like it...
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Google to Pay $1.3 Billion for a Company Apple Didn't Want (GOOG, AAPL)
Monday, June 10, 2013 - 12:46pm | 498It's true -- the best way for a startup to get attention is for Apple (NASDAQ: AAPL) to express interest in acquiring the firm. While the Cupertino, California-based tech giant does not comment on rumors, Apple was believed to have been interested in buying Instagram before Facebook (NASDAQ: FB)...
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Facebook Might Snatch Another Company from Apple
Thursday, May 9, 2013 - 10:05am | 491Facebook (NASDAQ: FB) loves buying expensive companies -- particularly those that Apple (NASDAQ: AAPL) is also interested in obtaining. Before acquiring Instagram for $1 billion, Apple was rumored to be interested in buying the firm. While this report has never been confirmed, the thought is that...
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Apple is Not Planning to Buy Waze, the Company That Bashed its Maps App
Thursday, January 3, 2013 - 5:56pm | 299Contrary to a previous report, Apple (NASDAQ: AAPL) has no interest in acquiring Waze. Designed to be a crowd-sourced app that draws traffic data from its community of users, Waze made headlines when its CEO, Noam Bardin, told Business Insider that Apple was foolish to partner with TomTom (OTC:...
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Apple to Buy Company that Bashed its Maps App
Thursday, January 3, 2013 - 11:13am | 457Apple (NASDAQ: AAPL) is reportedly interested in acquiring Waze, a community-based traffic and navigation app for iOS and Android. According to TechCrunch, Waze was the only app to gain "meaningful market share" after Apple's own mapping program failed. The company believes that it has a lot to...
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Nokia Announcement is Bad News for Apple and Google
Monday, October 1, 2012 - 9:02am | 512Nokia (NYSE: NOK) is set to announce a deal with Oracle (NASDAQ: ORCL) that will greatly enhance its mapping services, presenting another challenge for Apple (NASDAQ: AAPL), which failed to define iOS 6 as a leading mapping tool. It also presents a challenge to Google (NASDAQ: GOOG), the world...