The autonomous cars are coming, and though they might be some while off hitting the high street, TomTom is going to have a big hand in their creation. At an event in Amsterdam today it talked up how important its role will be in autonomous driving – the necessary data for self-driving cars is exactly what TomTom has been collecting for years. “We are good at big data, we started
First it was wearables – now TomTom has just announced it is branching out into a new category: action cameras. GoPro might be top dog in this domain right now but TomTom reckons it can deliver a unique experience. The aim was to create a device that makes the journey of shooting, editing and publishing much more straightforward. The result is the Bandit, a camera that will use its motion
(Reuters) – Twitter Inc’s slowing revenue and user growth has raised further doubts about its ability to entice advertisers to spend more on its platform – at least in the near term. Twitter’s market value fell by a fifth, or about $5 billion, on Tuesday after its disappointing first-quarter results were released in error an hour ahead of schedule. At least 15 brokerages cut their price targets on the stock.
Microsoft Corp is set to allow apps from rival Google Inc’s Android system onto its own Windows phones later this year, according to two sources familiar with the matter on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market. Microsoft is expected to make the announcement at its developer conference in San Francisco
Chinese e-commerce giant Alibaba Group Holding Ltd is freezing hiring for the rest of the year because it has grown “too quickly”, Executive Chairman Jack Ma told staff. “Alibaba has really developed too quickly … this year our entire group headcount will not go up by one person,” Ma said, according to a transcript of the April 23 speech carried on Alibaba’s official messaging app Laiwang. The hiring freeze came
By Yasmeen Abutaleb NEW YORK (Reuters) – Google Inc on Wednesday announced a free extension for its Chrome web browser that better protects Google accounts, including email, against online attackers trying to steal passwords and other personal information. The extension, called Password Alert, can be downloaded on Google Chrome and warns users before they enter account information on “phishing” pages, or imitation sites designed to steal passwords and access personal
By Bill Rigby SAN FRANCISCO (Reuters) – Apple’s large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said. The world’s most valuable consumer electronics company reported on Monday a 71 percent increase in sales in China to $16.8 billion, driven by its new,
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President Obama’s Director of the Office of Management and Budget, Shaun Donovan, tells Yahoo Finance that the President won’t accept spending proposals that don’t meet with his approval.
The agony of running a marathon fades from memory over time. Investors might be experiencing a similar effect when it comes to running the course of Fed interest rate cycles.
