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Uber To Invest $500M In New Mapping Service

Challenging Google Maps, Uber is ready to invest half a billion dollars into its own global mapping technology. “The San Francisco-based transportation company has mapping vehicles crisscrossing the US and Mexico to record the surroundings and gather images for maps,” The Financial Times reports. “Uber says it will start driving mapping vehicles in other countries soon.”

Read the whole story at Financial Times »

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