7:34 PM
The 29-year-old Booz Allen employee behind the leaks of the NSA's surveillance programs has identified himself. He copied the Top Secret information, flew to Hong Kong, checked into a luxury hotel, and started releasing a stream of documents. The effects of the revelations will be felt for years:
Google is reportedly going to buy GPS navigation app Waze for $1.3 bil in cash. Apple and Facebook reportedly have tried to buy the start-up, but the deals fell apart because Waze insisted that its Israel-based staff be able to keep their jobs. Google agreed to that (they already bought 2 other Israeli companies and have an office in Israel) while Facebook had tried to get the company to be moved to its headquarters in the Bay Area: