May 10 - Reuters Breakingviews Columnist Rob Cyran gives his take on Facebook's potential purchase of Waze and Carl Icahn's latest offer for Dell.
Finding ways around FaceBook humorous thoughts about Facebook's possible purchase of the Israeli tech company. We told yesterday about a report it was offering a two billion dollars for ways in essence by traffic. Facebook's all about Internet traffic and now once again the car kind. Ways offers -- GPS the cell phone users and they collect stand queries as are and whether they're backed up so why is it worth a billion bucks. Well people who download weighs on their phones give permission to be tracked at -- valuable input for FaceBook which wants to sell location based advertising. What's more ways is business is built on making sense a giant sets of data. FaceBook collects a torrent of data users every day. Social network needs all the helping get turning this information into a bigger business shares today are down 1% -- a bullet twice and bucks. The best the rest -- down between four billion dollar buyout by silver lake and founder Michael Dell still isn't wrapped up. The latest twist Carl -- southeastern asset management had proposed a rival it. With their offer shareholders get to keep their stock and get twelve dollars in cash or more stock. This may sound great compared to silver -- 1213 dollars and 65 cents per share offer but icons got a history of flaky bits that didn't pan out. And the plan would leave investors holding company and a crumbling business for the -- balance sheet. The fact Dell's stock hasn't reacted much trading below thirteen dollars and fifty cents implies investors don't think Icahn's bid has much of -- -- succeeding. Couple chip stocks are soaring and -- today first Nvidia. Graphics chip firm beat street estimates -- posted higher margins. This came even as the PC industry loses ground stops at 4%. And sputtering Tara -- Israeli chip company reported a drop in profit and revenue amid declining sales to micro technology. NASDAQ listed shares -- down 4%. I think we it is Friday -- can call us on Twitter RT RS technique I'm rob Syrian. And this is writers.