Tuesday, June 11, 2013

Google to Buy Israeli GPS App Waze for $1 bln (AFP)

Google to buy Israeli GPS app Waze for $1 bln: reports (via AFP)
Google is in talks on a deal worth at least $1 billion to buy the Israel-based GPS mobile navigation app Waze, Israeli media reported on Sunday. Haaretz newspaper said on its website that the two companies had agreed terms and were about to sign for a price "exceeding $1 billion". Business daily Globes…