Internet firm Yahoo (NASDAQ: YHOO) may replace its Geo-Platform with Google’s (NASDAQ:GOOG), a move that could reduce its operating costs by about 2 percent to 5 percent, according to an analyst at Global Equities Research.
“Yahoo Geo-platform is lagging behind both Google and Microsoft Geo-Platform,” analyst Trip Chowdhry wrote in a note to clients.
There are so many errors in the IB Times article discussing the note, errors I fear are from the original note, I am very skeptical.
My Grandmother, bless her heart, always told me; “If you don’t know what you are talking about, keep your mouth shut!”. Clearly that doesn’t apply to “analysts”. To be fair, he did call Salesforce.com a “modern day Visi-Calc”. Wait, that wasn’t right…
I know many readers of my blog are very interested in the OpenStreetMap project so this news will all make you breath a sigh of relief. The great visionary Michael Arrington has the hot scoop:
Many people describe CloudMade’s OpenStreetMap project as “Wikipedia for maps,” and they aren’t far off. The project allows anyone to add and edit map data around the globe, and the project is now a viable open and free source of mapping data for third party developers.
CloudMade has allowed entire new classes of applications to be possible. In Germany 150,000 people have paid to download skobbler, which is based on data from OpenStreetMap. Countless other apps also use the data. One notably creative one – a gay cities app that shows the gay areas of cities around the world, with points of interest.
I’ve been a huge proponent of CloudMade’s OpenStreetMap project since the Cloudmade guys created it back in the day. Thus being a CloudMade OpenStreetMap participant for years, I’m glad to see that the CloudMade project is finally getting its due.
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Ugh right? The whole “article” sounds like it was planted for CloudMade’s gain because to represent the OpenStreetMap project this way is a huge diservice to those of us who have put countless nights on improving the maps. Toss in one softball comment and we’ve got a hype project working.
The whole operation reminds me of a good YouTube video…
Update: In fairness to Cloudmade, they have clearly stated that they are not running the project.
I take two things away from this. Arrington doesn’t understand a thing about location and someone (a VC perhaps) is feeding Arrington bad information. It would appear the management of Cloudmade was unaware of this story so if there is something going on, it is outside of their knowledge.
I’m fairly sure both Steve and Nick wouldn’t represent CM this way so lets just go on the assumption Arrington and some wacko know nothing about anything.
It amazes me that this attitude still exists. Given all that we’ve learned over the past few years you’d think those “in power” would get the fundamental change that has happened. The geospatial revolution doesn’t need folks with that attitude, it will just pass them by. Planet Geospatial is full of blogs questioning the sanity of those involved.