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Facebook (NASDAQ:FB) is in talks with traffic/navigation app developer Waze, possibly about an...

Aug. 28, 2012 12:08 PM ETMeta Platforms, Inc. (META) StockMETABy: Eric Jhonsa, SA News Editor
Facebook (NASDAQ:FB) is in talks with traffic/navigation app developer Waze, possibly about an acquisition, Globes reports. Waze's apps rely on users to upload data about local traffic, accidents, and gas prices, among other things. The potential tie-ins with Facebook status updates are easy to see. One thought: if Facebook wants to increase the amount of mobile "check-in" data it receives, might it take a look at Foursquare?

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