Facebook, Waze and the Falling Cost of Mapping Technology

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A lot of digital ink has been spilled about why Facebook would want to snap up Waze — namely, the company’s 40 million mobile users. But the discussions also verify the once-unthinkable reality that a startup could scale a navigation and mapping service into a billion-dollar business in five years. A number of technological trends have set the stage for Waze and other mapping and navigation startups to compete. Here’s a look at a few of them…

Local Quotables: Rafer, Duggan, Pincus and more

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The best words about and around the hyperlocal industry.

Lumatic’s Scott Rafer wants to revolutionize mobile map-technology; Kris Duggan of Badgevile critiques Foursquare’s signature “mayor” status as driving away users; Pincus wants to bring “play” into the mainstream; and more: