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waze

A growing movement of corporate philanthropy

When the Israeli mobile maps start-up Waze accepted a buyout from Google for more than $1 billion in June, each of the company’s 100 employees walked away with an average of $1.2 million from the sale.

Google-Waze deal investigated by FTC

The Federal Trade Commisssion is examining Google’s $1 billion deal to purchase the Israeli navigation start-up Waze to see if the purchase violated any antitrust laws.

Billion-dollar Waze

Just a couple of years ago, the Israeli entrepreneurs behind the traffic-fighting smartphone app Waze were knocking down the door of every news outlet in Los Angeles. They were seeking publicity to help forge their way into the iPhones and Androids of L.A. drivers by promising some reprieve from “Carmageddon” weekend on the 405 freeway.

Google buys Israel’s Waze to protect mobile maps lead

Google Inc bought Israeli mapping startup Waze on Tuesday for an undisclosed sum, acquiring an online real-time mapping service to safeguard its own lead in one of the most crucial aspects of smartphone usage.

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Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.