Google may be driving forward with a plan to purchase Waze for $1 billion or more, according to a new report.
Bloomberg reported Thursday that Google is considering a bid for the mobile mapping and navigation company. The search giant perked up to the idea only after learning that Facebook was in talks to buy Waze, Bloomberg reported.
When reached for comment, Waze spokesperson Julie Mossler said that the startup does not comment on rumors or speculation.
Waze, founded in 2007, makes a mobile application for getting directions and routing around traffic with the help of other drivers. The app … Read more