Oh my: Waze gives up $1 billion to stay in Israel

Facebook is no longer in talks to buy Waze, Mike Isaac at All Things D reports.
The two companies couldn't reach an agreement because Waze wanted to stay in Israel, while Facebook wanted the company to relocate to
California, says Isaac.
 

But the talks dissolved in recent days, according to sources, due in
part to conflicts over whether or not the Waze team — which is
predominantly based