FRANKFURT/HELSINKI - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.75 billion) to buy Nokia's maps business, a transformational deal that will help them to develop self-driving cars.
Recent Technology News
TOKYO - Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.
JERUSALEM - Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.
TOKYO - The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said.
- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.
FRANKFURT/SAN FRANCISCO - BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.
- Greek stocks bashed at restart, China woes go on for commodities
- After five-week shut down, Greek stocks plummet
- Western companies look hard at China as growth slows
- Chinese factories face headwinds in July, Europe withstands Greek turmoil
- EU regulators suspend review of Halliburton, Baker Hughes
- Star Wars meets Uniqlo as Fast Retailing, Disney expand product tie-up
- HSBC selling unprofitable Brazil unit to Bradesco for $5.2 billion
- HSBC sells up in Brazil as profits jump on Hong Kong boom |