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Bidding war: Like Facebook, Google too in talks to buy mapping app Waze

May 24, 2013    

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.Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg, citing a source.Other media have reported that Facebook Inc has held talks to buy ...

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