Nokia's HERE Maps Quick to Draw Suitors
Four companies have expressed interest in acquiring Nokia's HERE Maps business, reports Reuters. A coalition of German auto makers, Audi, BMW, and Daimler, are weighing a joint bid, as are Facebook, Uber, and U.S. investment firm Hellman & Friedman. Nokia recently said it is considering strategic options for the mapping unit, formerly Navteq, which it acquired in 2008 for more than $8 billion. Nokia expects to bring in about $2.1 billion through a sale of the business. Nokia may use capital generated by the sale to help fund its recently-announced purchase of Alcatel-Lucent. Nokia did not confirm Reuters' report, which cited a German trade magazine. The other companies could not immediately be reached for comment.
Apr 4, 2018
Facebook today made significant changes to its platform as it continues to deal with the fallout from the Cambridge Analytica breach. To start, the company now believes Cambridge Analytica was given improper access to the data of as many as 87 million people, mostly U.S.
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.
Feb 8, 2019
After holding out longer than most auto makers, Toyota's new 2020 lineup includes, for the first time, a variety of models that support both Apple CarPlay and Google's Android Auto. The new models include the 2020 4Runner, Sequoia, Tacoma, and Tundra.
Jun 22, 2020
Apple has revealed iOS 14, which brings a number of new features to the OS for Apple's iPhones: Widgets : Apple has promoted Widgets to the main home screen. Just as Android has always allowed, you can now mix re-sizable widgets in with your app icons.
May 1, 2018
Facebook today made a significant number of additions to its platform that will lead to more features for end users over time. For example, a new tool will allow Facebook users to post to their Facebook Stories directly through third-party apps.