Google reportedly closing in on $1.3 billion deal for Waze traffic app (updated)

Israeli business papers report Google closing in on $13b deal for Waze traffic app

Last month news leaked that Facebook might acquire crowdsourced navigation / traffic / mapping app Waze, but now two papers in Israel say Google is about to close the deal. Globes and Calcalist both peg the potential sale price at $1.3 billion US, with the company’s development team remaining in Israel after the sale and not moving to the US. Where they will work from is cited by Globes as one reason why negotiations may not have worked out with Facebook, along with the price tag. For those unfamiliar with Waze, the app generates mapping data in real-time based on its nearly 50 million users and reports of accidents or traffic jams.

Update: Not to be left out, the Wall Street Journal also claims that Google is near buying Waze. The newspaper hears that the Waze app could soldier on while Google beefs up its own mapping app with data from its reported target. Likewise, Google Maps information could slip into Waze.

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Source: Globes, Calcalist

Intel TV said yet to secure content despite offering 75% cable premium

Intel is yet to close a single content deal for its upcoming Intel TV service, sources claim, despite reportedly offering media companies as much as a 75-percent premium over what traditional cable firms pay. The combination live and on-demand TV service is expected to launch this year, according to Intel, but insiders familiar with the

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Windows Phone update leak tips notification center and more

Windows Phone looks in line for a UI refresh, including a redesigned notifications center, if a clutch of screenshots supposedly inadvertently leaked can be believed. The images, culled according to a Reddit user from a Nokia Lumia 920 bought on eBay, apparently show a version of Windows Phone dated May 9, and could well be

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Sony Togari revealed as Xperia ZU, image leaks with kitten on display

An image surfaced today of a fingerprint-covered ginormous Sony phone, which is said to be the Xperia ZU, which was previously known as the Togari slate. The phablet has a huge 6.4-inch screen, which edges it about as close to tablet territory as a smartphone can get. To show the phone’s size in perspective, someone

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PRISM clarified by sources detailing special systems used to provide gov with data

On June 6, The Washington Post revealed that, according to leaked documentation it was given, nine major companies are feeding the NSA data via direct access to their servers, something called the PRISM project. Within hours, nearly all the companies had denied the claims, and it has ignited an Internet storm. The disconnection between The

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President ordered list of potential cyberattack targets, reveals leak

Following claims yesterday that the government is performing widespread domestic spying via a project called PRISM, today The Guardian has revealed that President Obama ordered the powers that be to create a list of potential foreign cyberattack targets as part of an offensive cyber operation. The information is said to come from a top-secret order

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Softbank reportedly eyeing T-Mobile as backup plan to Sprint deal

Softbank allegedly eyeing TMobile as backup plan to Sprint deal

Softbank’s plan A is still a $20.1 billion deal for Sprint, as it looks to enter the US wireless market. But, with stiff competition from Dish in the effort to acquire the black and yellow carrier, rumors are that it’s keeping one eye on T-Mobile. You know… just in case. According to a report from Reuters, the Japanese company is in discussions with Deutsche Telekom for its share of Big Magenta. Softbank was involved in discussions last year to purchase T-Mo, before the MetroPCS deal was eventually struck, following the collapse of a proposed merger with AT&T. Obviously none of this is official just yet. But, if Sprint’s shareholders reject the Softbank deal on June 12th, we wouldn’t be surprised if it quickly made moves to purchase the second most beleaguered national wireless provider in America.

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Source: Reuters

MacBook Pro Retina reboot tipped with slimmer design and 1080p camera

It’s probably a good bet that we’ll see MacBook refreshes at WWDC this year, including an update to Intel Haswell chips in all of the machines. However, it’s rumored that we’ll also see a slimmer MacBook Pro Retina model, as well as a better FaceTime camera, possibly boosting it up to full 1080p. KGI analyst

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Apple puts up ‘7’ banner in advance of WWDC, likely confirms new version of iOS (update: OS X too)

Apple puts up '7' banner in advance of WWDC, likely confirms new version of iOS

Well, we were pretty sure that Apple was going to out a new version of iOS next week, and a banner just went up at the Moscone Center in San Francisco (the venue for WWDC) seems to confirm the rumors. As you can see, it shows only the number ‘7’, which all but confirms that we’ll be seeing Jony Ive’s first iteration of Apple’s mobile OS in just a few days. Tune in to our coverage next week to check the accuracy of our deductive powers and find out what other goodies Apple has in store.

Update: Our friends at 9 to 5 Mac have more pics, including photos of an ad with a big ‘X’ in front of a wave. That should put to rest any hopes for this being the launch of OS XI.

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Source: Macstories

Apple iRadio gets green light after Sony Music reportedly agrees

Apple has reportedly inked a deal with Sony Music that will bring the label’s content to the much-rumored “iRadio” streaming service, insiders claim, paving the way for an official launch at Monday’s WWDC 2013 keynote. Sony Music had been a hold-out in discussions, but has now settled on an agreement with Apple, a source with

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