Tag: Transportation

TomTom sells telematics unit for $1 billion to better compete with Google in maps and navigation

TomTom has announced that it is selling its telematics division to automotive giant Bridgestone Europe for €910 million ($1,033 billion). Founded in 1991, TomTom is best known for its GPS-powered navigation services and devices, such as satellite navigation units for cars, while it is also one of the major global online mapping platforms, alongside the likes […]

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Yandex let us ride in its autonomous Prius

Dmitry Polischuk had an almost unnerving nonchalance about him as our sleek ride — a Toyota Prius V — bobbed in and out of traffic on its own. The steering wheel, as if guided by unseen forces, navigated the hatchback smoothly around the perimeter of the Hard Rock Casino in Las Vegas, where we’d met […]

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Ford taps Clinc for conversational AI in autos

Clinc, a four-year-old conversational AI startup, is teaming up with Ford to power voice recognition in the Detroit automaker’s cars. The two companies announced the collaboration today during the Detroit Auto Show, at a panel hosted by Inforum about machine learning and the future of in-vehicle technology. According to Clinc CEO Dr. Jason Mars, the […]

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Tesla will cut 7% of employees while ramping up Model 3 production

Tesla founder Elon Musk today announced that the company will cut 7 percent of full-time employees even as it comes under pressure to dramatically increase production of its Model 3. In a letter to employees, Musk said that despite progress over the past year, Tesla’s cars remain too expensive for many potential customers. “We face […]

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What3words entices investment from Sony’s Innovation Fund

A universal system to index the world’s locations might sound ambitious, but that’s exactly what Chris Sheldrick and Cambridge mathematician Mohan Ganesalingam set out to build six years ago with What3words. Their mnemonic alternative to longitude and latitude coordinates consists of 57 trillion three-meter-by-three-meter squares spanning the entire globe, each associated with a unique address made of […]

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Analysts Claim That Apple’s Self-Driving Car Plans Could Be Scrapped

As many probably know by now, Apple is working on developing technology for self-driving cars. It was initially rumored that Apple might actually make the cars themselves, but recent reports have suggested that the company is more interested in the tech behind it than building the actual cars. However it seems like those plans could […]

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Perceptin’s visual perception system for trains has a 1,000-meter range

Lidar — laser-based sensors that produce depth data by measuring the distance between themselves and objects — are the cornerstone of self-driving systems from Google parent company Alphabet’s Waymo, Uber, and others. They’ve been employed for decades in space travel (during the Apollo 15 mission) and military reconnaissance, most recently in Afghanistan. But they’re not […]

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Bringg raises $25 million to facilitate last-mile deliveries

The delivery logistics market is enormous. A recent study projects it will reach $29.06 billion by 2027, driven by increasing commercial and industrial demand. One company that’s riding the wave pretty skillfully is Bringg, a Tel Aviv and Chicago startup cofounded in 2013 by Lior Sion, previously CTO of Gett and Clarizen, and Raanan Cohen, the former […]

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ShareRing launches blockchain-powered car sharing on top of existing rental services

Blockchain-powered marketplace startup ShareRing, conceived last year by former executives of car-sharing platform Keaz, has announced a service that will let users book and unlock a rental vehicle within 30 seconds. For its debut, the service is partnering with Keaz to provide a wide selection of rental cars (Keaz works with Toyota, Merchants Fleet Management, Envoy, […]

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Cadillac May Lead GM’s Electric Vehicle Push

General Motors reportedly wants to push its electric vehicle efforts through Cadillac. According to a report, Cadillac is likely going to be the lead electric vehicle brand as the country’s largest car manufacturer is expected to launch a new Cadillac-branded electric car to take on Tesla. Citing two people briefed on the matter, Reuters reports […]

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A Self-Driving Car’s Laser Reportedly Destroyed A Man’s Camera

Self-driving cars employ a whole host of sensors and technology that helps them navigate by themselves, detect obstacles, and so on. One of those technologies used is LiDAR, which is a laser system used to help measure distances. These lasers are rated to be safe to the human eye, but unfortunately it might not be […]

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