financetom
Business
financetom
/
Business
/
Uber may opt out of using Google Maps, says report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber may opt out of using Google Maps, says report
Jul 26, 2018 1:20 AM

Ride-hailing major Uber is likely to opt out of using Google Maps and is planning to contribute to community-owned OpenStreetMap project, reported Business Standard.

The company will roll out this project with the crowdsourcing Wikipedia-like OpenStreetMap (OSM), which allows anyone to edit and update the online maps of cities around the world, the report said.

"We have selected the Delhi-National Capital Region as the first city for this initiative. We do not plan to make any large-scale, machine-generated edits for this project," Suneel Kaw, maps product manager of Uber, told the daily.

For this project, the Uber team will look into three issues - turn restriction, road directionality and road geometry, the report said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump Media & Technology Group (DJT) Shares Plummet 17% In Thursday Pre-Market: What's Going On?
Trump Media & Technology Group (DJT) Shares Plummet 17% In Thursday Pre-Market: What's Going On?
Nov 7, 2024
Shares of Trump Media & Technology Group Corp ( DJT ) experienced a sharp decline of 20% during pre-market trading on Thursday, according to Benzinga Pro. This drop comes after a significant surge of 6% the previous day, driven by Donald Trump’s return to the White House for a second term. The fall is primarily attributed to investors taking profits...
SolarEdge's Tough Q3: Revenue Miss, $1 Billion Impairment Charge, Bleak Forecast & More (UPDATED)
SolarEdge's Tough Q3: Revenue Miss, $1 Billion Impairment Charge, Bleak Forecast & More (UPDATED)
Nov 7, 2024
Editor: The title of the story has been updated to reflect the amount of impairment charge. SolarEdge Technologies ( SEDG ), Inc. shares are trading lower after the company reported third-quarter results yesterday. Revenues were $260.9 million, missing the consensus of $269.38 million. Revenues from the solar segment were $247.5 million, up 3% from $241.2 million in the prior quarter and down 63% from $676.9 million in the same period last year. The...
JPMorgan Chase Gets Downgrade From Baird; Shares Fall
JPMorgan Chase Gets Downgrade From Baird; Shares Fall
Nov 7, 2024
02:15 PM EST, 11/07/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) shares were down 3.7% in recent trading Thursday. Baird downgraded the banking giant's rating to underperform from neutral. Trading volume stood at about 10.4 million shares against a daily average of 8.4 million shares. Price: 238.04, Change: -9.02, Percent Change: -3.65 ...
Pipeline operator TC Energy's profit beats on higher volumes
Pipeline operator TC Energy's profit beats on higher volumes
Nov 7, 2024
Nov 7 (Reuters) - Pipeline operator TC Energy's ( TRP ) third-quarter profit beat Wall Street estimates on Thursday, helped by higher volumes of liquids transported through its system. U.S. imports of crude oil from Canada reached a record in July, benefiting pipeline firms such as TC Energy ( TRP ). Additionally, the U.S. Energy Information Agency said gas consumption...
Copyright 2023-2025 - www.financetom.com All Rights Reserved