Google (GOOG) is on the verge of closing a $1.3B acquisition of Waze, according to Globes. Talks...

|By:, SA News Editor

Google (GOOG) is on the verge of closing a $1.3B acquisition of Waze, according to Globes. Talks with Facebook (FB) fell apart in late May over location issues. Apple (AAPL) was also thought to be a suitor of the mobile navigation app provider until Tim Cook said otherwise.