[Reports] Facebook Looking to Buy Waze for $1 Billion
According to an Israeli daily newspaper, Facebook is interested in buying a GPS company Waze for a deal up to $1 Billion. The two companies started talking six months ago and the talks are in advance stage. Term sheet was also signed by both companies. So, we can say that the deal is almost final. Waze is mobile turn-by-turn navigation app that uses crowdsourcing to provide real time road conditions. It has ...
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