WASHINGTON — All the start-up successes are being bought out, one by one. The most recent? The crowd-sourcing map app Waze.
Reuters reports that Waze has about 47 million members and was offered about $1 billion by Facebook. Google’s offer seems to have won out and should be higher than Facebook’s offer.
Map apps are one of the most-used mobile apps to get users from one place to another, and now tech and social media giants are closing in on that industry.