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Facebook rumored to be buying GPS app Waze for upto$1billion

Post by alantiagofelipe
Facebook rumored to be buying GPS app Waze for up to $1 billion.

https://www.google.com/search?hl=en&gl= ... nws&q=Waze

https://www.google.com/news/story?pz=1& ... &scoring=n

What do you think (say) about it?
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by Daknife
Guess this thread should be locked as the answer has been revealed.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by kentsmith9
Wow. Could get interesting around here. Hopefully if it does go through, they leave the Waze management team in place and not revamp everything to prevent us from having fun here any more. :mrgreen:
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by ncc1701v
orbitc wrote:If only Facebook wasn't public... whenever companies are publicly traded they are more concern with the profit and the benefit of the share holders.
Unless they have really good bylaws, otherwise they have a legal obligation to maximize shareholder value.

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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by orbitc
kentsmith9 wrote:Wow. Could get interesting around here. Hopefully if it does go through, they leave the Waze management team in place and not revamp everything to prevent us from having fun here any more. :mrgreen:
It might be in the beginning, but as with most of the buyings that never sticks and destroy the good things...
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by orbitc
Haydenray wrote:The "Twitter-phere" is buzzing, even on the Waze front page!
Question is would FB retain the world wide army of volunteers that enable Waze to function?
Or replace us all with their...."brain-trust" of paid worker-bees. :)
If only Facebook wasn't public... whenever companies are publicly traded they are more concern with the profit and the benefit of the share holders.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Post by orbitc
ncc1701v wrote:
orbitc wrote:If only Facebook wasn't public... whenever companies are publicly traded they are more concern with the profit and the benefit of the share holders.
Unless they have really good bylaws, otherwise they have a legal obligation to maximize shareholder value.

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We really don't know if FB deal good or bad.
as per Schrödinger's cat: <until we open the box we won't know if the cat is dead or alive>
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Last edited by orbitc on Tue Jun 11, 2013 3:27 am, edited 1 time in total.
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