Meta, Microsoft, Amazon, TomTom And Others Join Linux To Disrupt Google Maps' Dominance

A number of Alphabet Inc.'s GOOG GOOGL rivals are coming together to create a new wave of geolocation apps and snatch the crown from Google Maps

What Happened: Global nonprofit organization Linux Foundation announced the formation of Overture Maps Foundation, a new effort to develop interoperable open maps data as a shared asset. 

See Also: Google Under DOJ Scanner For Splurging To Maintain Search-Engine Dominance

Tech giants like Meta Platforms Inc. META, Amazon Inc. AMZNWeb Services, Microsoft Corporation MSFT and TomTom TMOAY, a Dutch geolocation company, have come out in support of this project. 

The Overture Maps Foundation project promises to use global data from these companies and from outside to build accurate and complete maps.

Linux also said that this project will level the playing field for anybody looking to develop up-to-date geolocation services or maps without paying for expensive commercial data, which may or may not be accurate, reported Gizmodo. 

Google Maps has mapped more than 220 countries and territories. It is also the most-downloaded GPS app by far, the report noted. 

Read Next: Google Bets Big On Pixel 7 Phones To Take On Apple And Samsung — Reportedly Looking At 'Largest-Ever Launch Order'

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!