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Apple (AAPL) has paid $20M to acquire Silicon Valley start-up WifiSLAM, which develops ways for...

Apple (AAPL) has paid $20M to acquire Silicon Valley start-up WifiSLAM, which develops ways for mobile apps to identify a user's whereabouts in a building using Wi-Fi signals. The technology can enable new types of retail and social networking apps, and would allow Apple to match Google in offering indoor mapping in places such as airports and shopping malls. Meanwhile, Apple had to temporarily shut down its password reset system on Friday due to a security flaw.
Comments (5)
  • Tx, I received on Saturday a software update to fix that 'security flaw'. That says a lot about the quality of Apple's services.
    24 Mar 2013, 05:32 AM Reply Like
  • Ir says a lot.Because they have so few. It's impossible to have none unless you have though of every possible evil thing men can contrite .
    24 Mar 2013, 08:43 AM Reply Like
  • I upgraded yesterday and it took about 5 minutes. When they come out with another fix I will upgrade once again. Really not an issue with me as it is very infrequent.
    24 Mar 2013, 12:07 PM Reply Like
  • Acquisition: will be interesting to see if Apple uses it for merchandising.

     

    WiFiSlam company website seems to be offline today.

     

    Stanford tech incubator info: http://bit.ly/YyiI1x

     

    Funding info: http://bit.ly/16bdrzl
    24 Mar 2013, 05:31 PM Reply Like
  • Cool add this to Waze and you have a certain google map app catchup!
    24 Mar 2013, 08:06 PM Reply Like
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