Facebook to Acquire Mapping Service Waze for $1 Billion
At the beginning of the year, rumors were going around that Apple was looking into buying the social network mapping service Waze. The rumors were quickly refuted thanks to some clarification that low-level meetings between companies are a regular occurrence in the business world. Today’s rumor regarding Facebook and the aforementioned map app developer has a bit more weight to it. According to Israeli newspaper Caclalist, the term sheet has already been signed.




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