Apple is in talks to buy the Israeli mapping & navigation application Waze for up to $500 million.
Technology industry sources say Waze is worth closer to $1 billion, but neither Waze nor Apple are commenting on reported negotiations.
Computer giant Apple is apparently involved in initial talks to acquire the Israeli mapping and navigation application Waze for between $400 million and $500 million.

Waze to go: The company may soon become part of the Apple empire.
Technology industry sources estimate that Waze is worth around $1 billion, meaning that it is likely Waze would try to get Apple to increase its offer.










