Yesterday there was news about Google's acquisition of Waze with 1.3 billion US dollars. Today Google officially released news that they had completed the acquisition of Waze. However the price is not unveiled.Google said on its official blog :The Waze product development team will remain in Israel and operate separately for now. We’re excited about the prospect of enhancing Google Maps with some of the traffic update features provided by Waze and enhancing Waze with Google’s search capabilities.The major benefit of Waze to Google is its real time traffic information. When you foll...

One month ago there was some news that Ai Qiyi would acquire PPS through Baidu Now this has been confirmed, Baidu will spend $400,000,000 on acquiring Shanghai Public Source Network Co., Ltd. (PPS). After completion of the acquisition, Ai Qiyi will likely change the overall content and production line of PPS so that they can complement each other's shortages. Many people are optimistic about this merger, Ai Qiyi can complement its shortage on PC side and PPS can also get more copyrighted film and television resources.After the merger, the two sides will see an improvement on market coverage, a...