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October 28, 2016 / 26 Tishri, 5777
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Waze’s Demand to Keep Jobs in Israel Freezes Facebook’s Bid

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Israel’s Waze user-based social mapping and navigation startup seems to be too Zionist for Facebook, which has been trying to pay up to $1 billion for the company.

Facebook reportedly insists that the Waze management team re-locate to California from Israel, a condition that money can’t buy, at least not yet, according to the AllThingsD website.

Google, which has an R & D center in Israel, also has been interested in buying up Waze, but Apple denies similar rumors.

The purchase of Waze by Facebook would be logical because Waze’s success is based on drivers reporting to each other traffic conditions and radar traps. Facebook does not offer any mapping services.

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