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Waze Stirs Bidding War Between Google, Facebook

Threatening a bidding war, Google is said to be eying Waze -- that social driving app that Facebook was reportedly close to buying for $1 billion earlier this month. “Waze is fielding expressions of interest from multiple parties and is seeking more than $1 billion,” Bloomberg reports, citing sources. “The … startup might also remain independent, instead seeking to raise a round of venture capital financing, the people said.”


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