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Deals Rumor Mill: Google, SnapChat, Asia Pacific

By Karlee Weinmann (June 10, 2013, 4:48 PM EDT) -- Google Inc. is nearing a $1 billion-plus deal to scoop up Waze, the Israeli startup known for its mapping capabilities that had previously drawn interest from Facebook Inc., the New York Times reported late on Sunday. The purchase price is expected to hit above the billion-dollar point, with Silicon Valley mainstay Google betting on the demand for social mapping technology that helps drivers find the quickest routes in real-time traffic. Waze's service, available on mobile devices, would bolster the offerings of Google's Android smartphone line....

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