Tech giant Google is close to finalizing a deal to purchase Waze, an Israeli-based startup. Citing anonymous sources, Bloomberg says that the startup will be purchased for $1.3 billion, a report coinciding with a similar article by financial newspaper Globes. The publication says that a deal could be reached and announced as early as this week, putting an end to months of negotiation. If a deal with Google goes ahead, it could be one of the Internet giant's most expensive acquisitions to date. Some of the most expensive purchases include Motorola Mobility in 2011 for $12.5 billion, online advertising firm DoubleClick in 2007 for $3.2 billion, and YouTube for $1.65 billion in 2006. Apple and Facebook are also interested in buying the five year-old startup, according to people familiar with the matter. Microsoft is an investor within the company. Role of Youth in Nation Bulding.
India is a big country with a large population. It is estimated that India’s present population is about 65 crores. Those between the age of 15 to 35 form more than 50 percent ‘of the total population. For our purposes we count them all as the youth. These comprise students, employees, workers, farmers and persons from various professions including the unemployed—educated or otherwise. These young people constitute a large force. They are energetic, enthusiastic and full of zeal. Unfortunately a large number of them are without any direction. It is dangerous to allow them to remain idle, as it would increase their frustation. |