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Tuesday, June 11, 2013
Get paid: Technology - Israel have fallen in love with the m...
Get paid: Technology - Israel have fallen in love with the m...: Technology - Israel have fallen in love with the most aggressive drivers in the world !. TEL AVIV — Israelis have a reputation as som...
Technology - Israel have fallen in love with the most aggressive drivers in the world -“the world’s fastest-growing community-based traffic and navigation app.”
Technology - Israel have fallen in love with the most aggressive drivers in the world!.
Israel have fallen in love with a homegrown satellite navigation system for their smartphones, called Waze, that is helping them cope with traffic jams, speed traps, road hazards — and maybe one another.
Waze describes itself as “the world’s fastest-growing community-based traffic and navigation app.” It has been downloaded by 49 million people.
After weeks of rumors, Google announced Tuesday that it was acquiring Waze. Industry watchers say the price topped $1 billion, but neither party would talk numbers. An Israeli business news Web site, the Marker, reported a possible hitch: European regulators may seek guarantees that user information held by Waze not be accessible to the U.S. National Security Agency.
After weeks of rumors, Google announced Tuesday that it was acquiring Waze. Industry watchers say the price topped $1 billion, but neither party would talk numbers. An Israeli business news Web site, the Marker, reported a possible hitch: European regulators may seek guarantees that user information held by Waze not be accessible to the U.S. National Security Agency.
The voice navigation system was invented by a frustrated Israeli commuter and software designer named Ehud Shabtai, who, according to the company Web site, needed help following directions.
Many Israeli drivers have traditionally not been too keen on the togetherness thing. But Waze may be steering them in another direction.
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