Microsoft To Sell Bing Maps, Advertising Sections
UnknowingFool writes: Microsoft has announced that they will sell some Bing Maps technology to Uber and their advertising business to AOL. About 1,300 employees are expected to be offered positions in their new companies. CEO Nadella said previously that there would be "tough choices" to be made. Some outside analysts have said neither venture was very profitable for Microsoft and may have been unprofitable at times.
Perhaps they will go all in on Nokia HERE maps...
My eyes reflect the stars and a smile lights up my face.
As much as I hate Microsoft for all the crap they've pulled over the years, Google should have competition. Without competition they'll become......well, like Microsoft.
Table-ized A.I.
Specifics of the deal said this would make Bing the default search provider for AOL for 10 years instead of Google. Google still has around 64% of the search market, but numbers seem to indicate that Microsoft is gaining ground on them with 20% market share. Rik van der Kooi, vice president of Microsoft’s ad business, said Bing is a self-sustaining business, or "sustainable and standalone." https://fortune.com/2015/06/30...
The headline is horribly misleading. Microsoft is absolutely not selling Bing Maps. They are selling the team that has been gathering street-view imagery. The companies haven't released many details on the deal, but you can imagine that since Uber already has a fleet of vehicles driving around they could pay drivers to capture this imagery while delivering people and save a fair bit of money.
The ones sold to Uber are lucky since I hear Uber is looking for some more executives for their office in France.