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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
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Google Maps Now Lets You Share Your Location With Friends and Colleagues

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March 22, 2017, 10:23 AM ET
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Alphabet’s Google announced on Wednesday that it will revamp its popular maps app to allow users to share their locations, in order to boost engagement on a product of increasing strategic importance to the search giant.

Within the next week, users worldwide will be able to share where they are in real time on devices running both Google’s Android operating system and Apple’s iOS software, Google said. The feature is part of an array of new tools aimed at boosting the effectiveness of Google Maps, which analysts say is critical to the company’s ambitions in commerce and transport.

The location-sharing feature is aimed at helping people find each other in crowded places, such as concerts and conferences, and users will retain control over who they share their whereabouts with and for how long, said Google executive Jen Fitzpatrick, who leads Google Maps.

“That coordination in that sort of last-mile moment winds up being sometimes more complicated than you might think,” she told reporters at a briefing on Tuesday.

Location-sharing features have sparked alarm among privacy advocates in the past. To address those concerns, Google will remind users both in the app and via email of whom they are sharing their location with. While the recipient of a user’s location could pass that link onto a third party, Google will advise people to use the feature only with those they trust, said Ben Greenwood, a product manager for Google Maps.

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“This is not a new concept,” Fitzpatrick said of location-sharing. “This is about making it simple, accessible and giving users a lot of control and privacy.”

In the coming weeks, Google will also roll out mapping features aimed at helping users find parking and remember where they parked their cars, Fitzpatrick said. Ride-hailing services have also become an important aspect of the app, and Google Maps will have partnerships with 14 companies in 70 countries by the end of the week, she said.

Mapping has become a key contributor to Google’s advertising juggernaut, said analyst Bob O’Donnell of TECHnalysis Research, and the tech giant cannot afford to let the app languish.

“It’s an absolutely essential service for them to drive more growth in all of their key revenue-generating businesses,” he said.

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