General Motors reaches landmark FTC settlement over driver data sharing allegations

Pallavi Madhiraju- January 17, 2025 0

General Motors has agreed to a significant settlement with the Federal Trade Commission (FTC) following accusations that the automaker collected and shared sensitive driver data ... Read More

BlackBerry narrows losses and raises full-year outlook on higher second-quarter revenue

Pallavi Madhiraju- September 27, 2024 0

BlackBerry has announced a dramatic improvement in its fiscal second-quarter results, narrowing its losses and boosting its revenue, which has led the company to raise ... Read More

SoftBank to invest €473m in connected vehicle solutions firm Cubic Telecom

Pallavi Madhiraju- December 6, 2023 0

SoftBank Corp. and Cubic Telecom, a global leader in software-defined connected vehicle solutions, announced a definitive agreement wherein SoftBank will invest approximately 473 million EUR ... Read More

BMW Group leverages Avanci’s 5G licensing solutions for connected vehicles

Pallavi Madhiraju- September 18, 2023 0

Avanci, a provider of joint licensing solutions for connectivity technologies, announced that BMW Group, a global powerhouse in premium automobile manufacturing, has inked a deal ... Read More

Connected vehicle data provider Wejo to merge with Virtuoso Acquisition

pallavi123- May 29, 2021 0

Wejo Limited, a Manchester-based connected vehicle data provider, will merge with Virtuoso Acquisition Corp., a US-based special purpose acquisition company, in a deal that values ... Read More