Google said on Thursday it will merge teams working on mapping service Waze and products like Google Maps, effective Dec. 9, in a bid to consolidate processes. The Alphabet Inc-owned company will integrate Waze, which it acquired in 2013 for $1 billion, into Google Geo, its portfolio of real-world mapping products that include Google Maps, Google Earth, and Street View, a Google spokesperson said.
Shares were mostly lower in Asia on Thursday after Wall Street sagged under weakness in tech stocks. U.S. futures turned higher and oil prices rebounded more than $1 a barrel. Japan revised upward its GDP data to show the economy contracted less than earlier reported in July-September, in a sign the country weathered its latest big COVID wave with less damage than had been thought.
Several Steelers starters missed practice on Wednesday.