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Google May Acquire Waze App

BUYING SPREE

Could pay $1.3 billion for Israeli start-up.

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Lionel Bonaventure/AFP/Getty Images

Internet behemoth Google is reportedly buying the Waze navigation app for $1.3 billion. Speculation was rampant for months that either Google or Facebook would acquire the Israel-based startup, which has almost 50 million users.

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