I suspect that nearly everybody has heard that google has acquired waze for a substantial amount of money.
While waze has historically made noise about generating their own map and have occupied a substantial part of the mind share in the crowd source data space, the effort seems to have never really beared much fruit and inspection of the maps has mainly uncovered third party sources. Still, in the heads of potential consumers and contributors to OSM, waze has continued to be present as a OSM competitor.
The acquisition by google will remove waze from the equation leaving the well known players and OSM as only visible and viable players at a global level.
Very often, if not always, in such high visibility corporate acquisitions, the resulting construct is less than the sum of the individual undertakings and it is not unheard of the net result in the long run ending up smaller than the size of the larger player in the beginning. Now that is unlikely in this case, but on the other hand, just from a numbers point of view, waze is just a pimple on googles user base. Naturally the constructors of such deals are not stupid and it is more likely, regardless of what google say in public, that this was not about acquiring additional market share and technology but more denying that a competitor.
Waze has had in the past had an enthusiastic and loyal community that in the end is mainly responsible for its success, I believe it will be very difficult for google to maintain that community in its context and given the complete integration of waze that will happen regardless of any statements now, it is likely to fall apart in a short time.
Any way I look at it, the google-waze deal opens up opportunities for companies and organisations in OSM-space to provide similar crowd based traffic reporting and avoidance services and to fill the void left by waze.
This is really good news for OSM.