Uber loses bid for Nokia Here's maps
It's been reported that Uber is out of the running for Nokia's Here maps service; it was rumored to have bid $3 billion for the product. German automakers BMW, Audi and Mercedes Benz remain the only services to appear in talks for the technology but if talks break down its likely the car-sharing company would resume its interest as it holds technology for the development of their own vehicles navigation systems.&nbsp;
It looks like Uber has been shut out of the purchase of Nokia's mapping service Here by BMW, Audi and Mercedes-Benz. According to the New York Times, Uber is out of the running to purchase the mapping division which it had been rumored to have bid $3 billion. Uber isn't the only company that's been sidelined by the three german automakers. According to the NYT's sources, Chinese companies Baidu and Tencent were also initially interested in the mapping technology, but have since lost interest. The automakers have long used Nokia's mapping technology in their vehicles' onboard navigation systems. Uber on the other hand, would be able to own the technology to help it better serve its passengers. While Uber may be out for now, if negotiations with the three automakers break down, the car-sharing company could be back in the running.