Google Announces Sharp Price Cuts for Google Maps [VIDEO]

Lots of sites and apps use Google Maps -- paying dearly for those privileges -- but there have been some high-profile defections lately, including Apple and Foursquare. In a reaction to that, Saturday Google announced lower prices for websites and apps that use more than 25,000 downloads of its maps per day over a 90-day period.

How low? The new rates are $.50 per 1,000 maps downloaded, according to The New York Times. That's a far cry from the previous tariff, which was eight times higher at $4. That means a site with 1 million pageviews per day would no longer have to pay $3,900 per day for the use of Google Maps -- now that price will be reduced…
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