The U.S. Federal Trade Commission (FTC) is investigating acquisitions made by big tech firms in the past 10 years and has a special focus on Google’s $1.1 billion purchase of mapping app Waze, Bloomberg reported on Friday (Feb. 14). In June 2013, the FTC approved...
Facebook has acquired London-based startup Scape Technologies, which is working on location-based technology that will expand GPS abilities, according to reports. Regulatory filings show that Facebook now has control over more than three-quarters of the company. Though details on the specifics of the deal were...
Self-driving tech startup DeepMap looks to enable next-gen autonomous vehicles with mapping technologies. Founded by Alphabet Inc. mapping veterans, the startup is constructing systems that help self-driving cars navigate and is looking to license its software to automakers and tech companies. The team at DeepMap...
Uber is pouring $500 million into developing its own mapping technology to wean itself off Google Maps and prepare for the advent of driverless cars, according to a report from Financial Times. According to the report, Uber currently has vehicles out “crisscrossing” the highways and byways...
February 28, 2020
WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 million in a Series A funding, according to a report by TechCrunch. The startup has mapped 34 cities in Africa and its working in Latin America, Southeast Asia and India. The company uses proprietary algorithms in its mobility […]
February 16, 2020
The U.S. Federal Trade Commission (FTC) is investigating acquisitions made by big tech firms in the past 10 years and has a special focus on Google’s $1.1 billion purchase of...
February 09, 2020
Facebook has acquired London-based startup Scape Technologies, which is working on location-based technology that will expand GPS abilities, according to reports. Regulatory filings show that Facebook now has control over...
May 05, 2017
Self-driving tech startup DeepMap looks to enable next-gen autonomous vehicles with mapping technologies. Founded by Alphabet Inc. mapping veterans, the startup is constructing systems that help self-driving cars navigate and...