Google has officially announced the acquisition of Waze, the application for social navigation. For several days there had been rumors about this deal and the doubts were due essentially to an interest by Facebook as well to buy it. The amount of money that will be paid hasn’t been declared officially: the rumors of the past few days were talking about $1.3 billion, now it seems to be around $1 billion.
Yahoo! CEO Marissa Mayer announced that the company has reached an agreement to purchase the multimedia social microblogging service Tumblr for $1.1 billion which will be paid all in cash. One of the first questions was about the future of Flickr, the pictures and videos hosting service acquired by Yahoo! in 2005. Well, a few hours later Marissa Mayer announced that the site has been improved and now every user will have a Terabyte of free space.
At Google I/O, a series of Google’s conferences that aim to introduce the news about its services, Google launched a new service Google Play Music All Access, which provides for the selection of music on demand, the new interface of the social network Google+ and other improvements to some of its services.
