New Instagram Maps offers user location sharing and location-based content...
Meta’s META -1.42%↓ Instagram has launched its Instagram Map, which includes a suite of new features, including a user location-share and find location-based information such as event posts. The company says Instagram Map is an...
Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook
Westminster, Colo.-based Trimble TRMB -2.74%↓ reported second-quarter revenue of $875.7 million—an 8 percent increase on an organic basis—and delivered a record annualized recurring revenue (ARR) of $2.21 billion, reflecting 13 percent organic growth....
Google Research last week introduced Geospatial Reasoning, an advanced research initiative that combines generative AI with new foundation models tailored for geospatial analysis—covering remote sensing, population dynamics, weather, infrastructure, and trajectory prediction, according to a company blog.
The initiative leverages Google’s $GOOG mapping...
Worldwide GPS jamming and spoofing is only going to get worse before before solutions are found to mitigate the tremendous risks to world safety. Location Business News recently spoke to Advanced Navigation’s Chris Shaw, CEO and co-founder, about the company’s efforts to...
San Francisco-based Motive has raised $150 million in a funding round led by Kleiner Perkins and supported by AllianceBernstein. The investment will fuel the company’s efforts to expand internationally, accelerate product development, and grow its go-to-market teams.
Motive, which launched in the United Kingdom last...
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HERE Partners with EROAD, Receives Certification
HERE Technologies and EROAD have expanded their partnership to launch a vehicle-aware navigation app for fleets in Australia and New Zealand. Built on...
Swift has raised more than $250 million to date…
San Francisco-based Swift Navigation has secured $50 million in Series E funding to scale its Skylark Precise Positioning Service worldwide. Led by Crosslink Capital and joined by existing and new investors, the round brings Swift’s total...
Uber UBER -0.05%↓ has announced a $300 million investment in Lucid LCID -1.65%↓to deploy at least 20,000 autonomous Lucid Gravity SUVs equipped with Nuro’s Level 4 self-driving technology across dozens of U.S. cities over the next six years, with initial launch expected in 2026. Under the agreement, Uber will invest...
The U.S. Department of Defense has cleared the runway for a new generation of American drone makers, issuing a sweeping memo this month that slashes red tape and treats small unmanned aircraft like ammunition—cheap, fast, and essential. Combined with an executive...
TomTom’s Orbis Maps, which was launched in late 2023, has been the backbone product of a company that has recently seen both highs and lows in its revenue.
The growth of Orbis Maps is good news for Dutch mapmaker TomTom, which...
