[Reuters] Google, like Facebook, in talks to buy Waze for about $1 billion: report

Posted by: UGN Security

[Reuters] Google, like Facebook, in talks to buy Waze for about $1 billion: report - 05/23/13 09:07 PM

(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.