News bites: Google and EU near antitrust settlement

The New York Times reports that Google and the European Union are close to settling in the investigation into the company's online search and advertising markets, but the process will likely last until spring 2014.

The Federal Trade Commission will not challenge Google's purchase of mapping app Waze, Bloomberg reports.

AT&T is ramping up its broadband speeds in Austin, Texas, to compete with the city's Google Fiber, according to Reuters.

Wearable computers, like Google Glass and Apple's rumored iWatch, are on the rise, The Associated Press reports from a wearable technology conference and fashion show.