Urban Mobility
Vision-Based Connected-Car Platform Combines Big Data Analytics, Cloud Computing and In-Vehicle Camera — Making the Internet of Things for Automobiles a Reality. PRNewswire/ — Distracted driving, talking on the phone, texting, eating, reading—these are some of the most common causes of automotive collisions. With over 1.2 billion vehicles on the road today and millions more being added each year, driving can
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China has launched 23 satellites to support its aim for global navigation and positioning network coverage by 2020. The government will promote the state-developed Beidou Navigation Satellite System as the standard configuration for vehicle-navigation devices and smartphones, according to a plan issued Friday by the National Development and Reform Commission and Ministry of Transport. The Ministry is encouraging automakers to install its Global Positioning System and
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Verizon Communications Inc. said Monday that it agreed to acquire mobile workforce-solutions company Fleetmatics Group PLC for $2.4 billion, widening Verizon’s fleet operations as it looks to diversify. The deal, at $60 a share in cash, represents a nearly 40% premium to Fleetmatics closing price Friday of $42.96. Fleetmatics’ web-based GPS tracking systems allow fleet operators to monitor vehicle location,
Read moreAmazon’s revenue jumped 31% including a 58% gain at its Amazon Web Services cloud computing unit. The company also more than doubled its operating margin, which historically has been razor thin, and issued a cheery outlook for the coming quarter. The results show Amazon moving toward investors’ long-held hope of consistent profitability after a lengthy period of heavy investments and
Read moreOn the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The Japanese telecommunications and internet corporation said on Thursday it was teaming up with Honda Motor Co to look at ways of applying SoftBank’s humanoid robotic technology to
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