Apple Acquires Waze? The Timeline [Exclusive]

0 comments
Though Apollo Report has exclusively scooped that Waze actually acquired Apple, several publications have reported the opposite. Here's Apollo Report's exclusive timeline of events regarding these acquisition reports. 
January 2nd: Israeli blog NewsGeek claims that Apple is [pointlessly] offering $500 million to acquire Waze, a service that Apple has already fully integrated (via a licensing deal) into its amazing Maps app. 
January 2nd (later that day): TechCrunch claims, pretending that nobody noticed the earlier report in Israel, that Apple is moving to buy Waze. The site used the catchy title Is Apple Plotting A Route To A Waze Acquisition? Rumours On The Road Point To Yes. This title of course is similar in style to the site's other recent reports: What’s Up With WhatsApp? Facebook Might Want To Buy It, That’s What and It’s Rumor Sunday! Apple Has Been Cozying Up To DIY Guide App Snapguide.
January 3rd (early morning): TechCrunch updates its original scoop to re-confirm its initial information and add a specific price point: "Another source confirms that negotiations are advanced, but Waze wants $750M and Apple is willing to do $400M plus $100m in incentives. Waze had less than $1M in revenues last year (primarily from ads). Negotiations may take awhile."
January 3rd (later that morning): TechCrunch hears from "multiple sources" (read: Apple's PR department) in a developing… story that its earlier article was complete bullshit. Apparently the issue with the deal was reality, it was never true.

Read


Post a Comment