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Microsoft makes secret investment in social navigation company Waze

July 12th, 2011

Microsoft secretly participated in a recent $25 million funding round for Israel-based navigation solutions provider Waze, Israeli tech site TheMarker reported last week. Microsoft makes very few investments each year according to TheMarker’s source, but the tech giant apparently took quite an interest in Waze’s unique brand of navigation apps. “Waze is a social mobile …

TomTom and HTC join forces to battle Google

October 20th, 2010

On a brisk day in October almost a year ago, Google announced Android 2.0 alongside the Motorola DROID. On that same day, satellite navigation companies like Garmin and TomTom saw their stock prices deflate faster than Yankees fans’ spirits in the sixth inning last night. This was no coincidence. With Android 2.0, Google announced the …