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Re:Lyft gaining on Uber as it spends big on growth by paulsutter on Saturday April 16, 2016 @04:08PM (#11512055)
Uber is afraid of Google. That's why the maps in Uber's driver app can't plan a route according to traffic, they don't use google maps.
Re:Lyft gaining on Uber as it spends big on growth by tedmiston on Saturday April 16, 2016 @04:16PM (#11512092)
Uber is already integrated into Google Maps from the consumer side.

From the VC side, Google Ventures invested ~$250M in Uber a few years ago.

How is it they're afraid of Google?

Re:Lyft gaining on Uber as it spends big on growth by zorpner on Saturday April 16, 2016 @04:25PM (#11512118)
Because Google routinely undermines their partners through internal productizing (see e.g. Flintstone/OnHub), and Google has a large self-driving car program. There's a clear path from there to a Google(/Alphabet)-owned ride provider regardless of investment in Uber.
Re:Lyft gaining on Uber as it spends big on growth by jorts on Saturday April 16, 2016 @04:41PM (#11512172)
Uber is building out their own map system so that they are no longer dependent upon a third party. It's already in production on a limited basis.

Isn't Google Ventures pretty isolated from Google?

Re:Lyft gaining on Uber as it spends big on growth by meddlepal on Saturday April 16, 2016 @04:51PM (#11512209)
Uber bought Bing Maps for $1.
Re:Lyft gaining on Uber as it spends big on growth by Elepsis on Saturday April 16, 2016 @06:21PM (#11512535)
This just isn't true in any way. Uber once upon a time was a bidder on Here Maps, which provided most of Bing's mapping data, but they lost to a consortium of German car makers (BMW, Daimler, Audi): http://www.wsj.com/articles/bmw-daimler-audi-agree-to-buy-no...
Re:Lyft gaining on Uber as it spends big on growth by itsprofitbaron on Saturday April 16, 2016 @07:49PM (#11512853)
Re:Lyft gaining on Uber as it spends big on growth by vadym909 on Saturday April 16, 2016 @06:04PM (#11512472)
you mean $1B surely?
Re:Lyft gaining on Uber as it spends big on growth by meddlepal on Saturday April 16, 2016 @07:24PM (#11512778)
No. I can't name a source though. Basically Microsoft was hemmoraghing money on this unit and Uber took a chunk of staff, the tech, AND the operating expenses.
Re:Lyft gaining on Uber as it spends big on growth by emcq on Sunday April 17, 2016 @12:23AM (#11513495)
$1 doesn't make any sense. Perhaps you're leaving out some form of equity swap. Bankrupt companies get purchased all the time for millions of dollars and I can't imagine Microsoft's business team would allow such a shitty deal.
Re:Lyft gaining on Uber as it spends big on growth by morgante on Sunday April 17, 2016 @09:27AM (#11514424)
Bankrupt companies also routinely get purchased for $1, with the old owners just glad to get rid of outstanding liabilities.
Re:Lyft gaining on Uber as it spends big on growth by fullshark on Sunday April 17, 2016 @01:50AM (#11513636)
It only makes sense if the unit was hemorrhaging money and had near iron clad contracts/termination penalties.
Re:Lyft gaining on Uber as it spends big on growth by ams6110 on Saturday April 16, 2016 @09:34PM (#11513107)
Google has the map data. Google are working on autonomous vehicles. When they get the latter, what is the need for Uber? The $250M would be an irrelevant sunk cost at that point.