Cloud Computing: Apple Reportedly Niggles Over Price of Waze

Apple reportedly wants to buy Waze to help fix its giant maps gaffe but according to what TechCrunch heard it doesn’t want to spend the $750 million asking price. It’s reportedly offering $400 million plus $100 million in incentives. The three-year-old Israeli-born Waze uses crowdsourcing to plot routes around traffic jams and in the process create real-time maps. It’s said to have shaved five minute off the daily commute in Israel.

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