Is Facebook getting into navigation?

Facebook has been diversifying its interests and focusing heavily on the mobile market. Now there are rumors that Facebook is looking to buy a hyper-popular ?navigation app. ?

By Richard Read,?Guest blogger / May 11, 2013

Mark Zuckerberg, Facebook's co-founder and chief executive during a Facebook press event in Menlo Park, Calif. last month.

Robert Galbraith/Reuters/File

Enlarge

We're not mutual fund managers, but if we were, we'd be taking a good, long look at Facebook right now. Though its stock prices faltered after the IPO, recent developments suggest that Facebook will retain its 800-pound gorilla status for years to come, thanks to a renewed focus on mobile devices.

Skip to next paragraph The Car Connection

High Gear Media?s flagship website offers news, reviews, and the latest shopping tools for the cars that matter to US consumers. For more expert insights from Car Connection editors and opinions from around the Web,?click here.

Recent posts

' + google_ads[0].line2 + '
' + google_ads[0].line3 + '

'; } else if (google_ads.length > 1) { ad_unit += ''; } } document.getElementById("ad_unit").innerHTML += ad_unit; google_adnum += google_ads.length; return; } var google_adnum = 0; google_ad_client = "pub-6743622525202572"; google_ad_output = 'js'; google_max_num_ads = '1'; google_feedback = "on"; google_ad_type = "text"; // google_adtest = "on"; google_image_size = '230x105'; google_skip = '0'; // -->

Subscribe Today to the Monitor

Click Here for your FREE 30 DAYS of
The Christian Science Monitor
Weekly Digital Edition

First we saw Facebook Home, a skin for Android handsets that puts the Facebook news feed at the center of the user experience. There had been talk for some time of a Facebook phone, but Zuckerberg et al. took the smarter, safer route: instead of having to persuade customers to shell out for a new cell phone, Facebook Home gives the company access to every Android phone user via a completely free app.

Now come word that Facebook is looking to buy the hyper-popular navigation app Waze.

We've covered Waze numerous times in the past, and it's one of our favorite apps for getting around. Not only does it offer real-time traffic data, but it also provides gas prices and gamification elements to make using the app fun. (And like Facebook Home, it's free.) Waze's user base currently stands at around 45 million, and it's recently averaged over 1.5 million downloads per month. Waze has offices in??Ra'anana, Israel and Palo Alto, California -- the latter of which is where Facebook HQ used to be, until the company relocated to Menlo Park, about three miles down the road.

The Israeli business daily,?Calcalist, says that Facebook is looking to buy Waze for a price hovering between $800 million and $1 billion.?Neither Facebook nor Waze have commented on the rumor, but if it pans out, the move could put Facebook one step closer to dominating dashboards around the globe. Just as importantly, it would exponentially boost the usefulness of Waze by leveraging the power of Facebook's network to update travel, gas prices, and other news important to drivers.

The Christian Science Monitor has assembled a diverse group of the best auto bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger,?click here.?To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link in the blog description box above.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/d8G6l0FuEdg/Is-Facebook-getting-into-navigation

bath salts heart shaped box lucid 2012 ncaa tournament bracket matterhorn chris harrison girl scouts