Bangalore: Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.
Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg, citing a source.
Other media have reported that Facebook Inc has held talks to buy Waze for as much as $1 billion.
Google and other parties approached Waze after the Facebook talks became public but none of the bidders are close to clinching a deal, Bloomberg said, adding that the start-up might decide to remain independent....
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10:29 AM, May 24, 2013
Tel Aviv: Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday. Due diligence is underway after a term sheet was signed, Calcalist said, adding that talks began six months ago. Waze uses satellite signals from members' smartphones to generate maps and traffic data, which it then shares with other users, offering real-time traffic...
05:22 PM, May 09, 2013
India will launch in June 2013 the first of the seven Indian Regional Navigation Satellite System (IRNSS) into the earth orbit to provide real-time position, navigation and time services to multiple users, the space agency chief said on Saturday. ...
02:10 AM, Mar 17, 2013
Navigational facilities in Indian airports are being improved in collaboration with ISRO, Civil Aviation Secretary KN Srivastava said on Sunday. "We are currently working to improve the navigational facilities in the airports of the country in collaboration with ISRO. ...
02:58 AM, Jan 21, 2013
New Delhi: ISRO plans to launch 58 space missions, including sending spacecraft to moon and Mars, an exclusive satellite to keep a round-the-clock watch on the country and deploy 500 transponders in the next five years. The space agency also aims to deploy its own version of the Global Positioning System by putting into orbit a constellation of seven satellites which would form the Indian Regional Navigational Satellite System (IRNSS)....
12:04 PM, Oct 07, 2012
New Delhi: Finnish handset maker Nokia launched a new app 'City Lens Point' which allows users to search places as well as get directions and reviews to popular restaurants and shops. The application has been launched for its Lumia series of phones and other smartphones. "Using the augmented reality app, when the user holds their device up, the City Lens overlays information about restaurants, shops, hotels and other popular destinations...
11:41 AM, Sep 26, 2012
New Delhi: Google today announced the availability of two new features for Google Maps in India - turn-by-turn voice-guided driving directions through Google Maps Navigation (Beta) and live traffic information for several major cities. Now, users in India will be able to access free voice-guided GPS navigation on their Android smartphones and view live traffic information on desktop and mobile devices. Google Maps Navigation is an Internet-connected GPS navigation system...
02:14 PM, Sep 05, 2012
Berlin: Your smartphone helps you smoothly navigate highways and streets of an unfamiliar city. But once you enter a mega mall, its global positioning system (GPS) goes blind. But now researchers from Germany's Fraunhofer Institute in collaboration with the Bosch Corporation and others have devised a navigation system for interiors. It cleverly combines sensors, enabling the device to track the movements and position of its user with precise detail. "Wouldn't...
03:41 PM, May 13, 2012
New Delhi: Cellphones do not cause any problem with aircrafts' communication or navigation system, a top executive of Cell Antenna - a company that provides cell phone signal enhancement services, has said. Comments of Howard Melamed, the chief executive officer of Cell Antenna, is in contrast to the long held belief that use of cell phones during take off or touch down of aircraft's as mobiles can disturb aircraft's navigational...
12:51 PM, Mar 22, 2012
New Delhi: A satellite navigation (sat nav system) is a system of satellites that can help users determine the position of an enabled device anywhere on the earths surface to within a few hundred metres. The same system with global coverage may be termed a global navigation satellite system or 'GNSS'. The receiver picks up signals transmitted by navigational satellites. With satellite navigation, it is easi to trace location and...
09:22 AM, Oct 31, 2011
Brussels: A Russian rocket launched the first two satellites of the European Union's Galileo navigation system Friday after years of delay in an ambitious bid to rival the ubiquitous American GPS network. The launch of the Soyuz from French Guiana, on the northern coast of South America, marks the maiden voyage of the Russian rocket outside the former Soviet Union, with European and Russian authorities cheering at liftoff in relief...
02:32 PM, Oct 22, 2011
New Delhi: Two more persons, including a pilot, were arrested in Ahmedabad by Delhi Police for allegedly using forged marksheets to procure licence from the country's airline regulator DGCA, taking the total number of arrests in such cases to 11. Hiren Nagar (27), a pilot, and a tout Eknath Patil(46) were arrested from Ahmedabad by a team of Delhi Police's Crime Branch on Monday following the arrest of Abhinav Kaushik...
10:36 AM, Apr 05, 2011
Barcelona: Technology that allows cellphones to be used as navigation devices in cars took a step forward on Thursday, putting more pressure on the makers of in-car satnav systems. German car industry group Consumer Electronics for Automotive (CE4A) unveiled a standard for the technology, which is being pushed by Nokia, the world's top cellphone maker. The personal navigation device (PND) industry, led by TomTom and Garmin, has been hit badly...
12:24 PM, Oct 08, 2010
Rumors of the death of the portable navigation device may have been exaggerated after all. ...
02:35 PM, Jul 09, 2010
Dubai: Sri Lanka batsman Mahela Jayawardene believes his team has the momentum going into the second Test against Pakistan beginning on Wednesday. Kumar Sangakkara's double century helped Sri Lanka fight back from conceding a first innings lead of 314 in the first Test to earn a draw in Abu Dhabi last week. We definitely came out of a hole, Jayawardene said. I think that shows a lot of character. If...
09:59 PM, Mar 12, 2008
A special software is allowing visually challenged people to join in the BPO boom. Here's a case study. ...
09:02 AM, May 16, 2007
China has launched a new navigation satellite in the Sichuan Province as a part of the "Compass" navigational system. ...
11:49 PM, Apr 14, 2007
Ants use a combination of landmarks and memories of the whole landscape to navigate, say scientists. ...
01:54 PM, Oct 18, 2006
Help may soon be at hand for the visually impaired as scientists are developing a wearable computing system. ...
09:00 PM, Aug 19, 2006
