Apple Buys Startup Mapping Company

Apple has been trying to go head-to-head with Google to provide better mapping services. Apple has confirmed to The Wall Street Journal that it bought WiFiSLAM for $20 million but wouldn't discuss plans.

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RENEE MONTAGNE, HOST:

NPR's business news starts with Apple doing some shopping.

Apple has been trying to go head-to-head with Google to provide better mapping services. Apple's latest effort to do that has a price tag of $20 million. That's how much it paid for a small startup company called WiFiSLAM, which maps indoor settings. Think shopping malls and airports. Apple confirmed the purchase to The Wall Street Journal, but wouldn't discuss its plans.

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