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German carmakers buy Nokia maps to fend off digital rivals

FRANKFURT - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.

Recent Technology News

Brain training app could help people with schizophrenia

LONDON - A "brain training" iPad game developed in Britain may improve the memory of patients with schizophrenia, helping them in their daily lives at home and at work, researchers said on Monday.

Health 8:16am EDT

AT&T to bundle wireless service with DirecTV's pay-TV offerings

- The No. 2 U.S. wireless carrier AT&T Inc said it will bundle its wireless service with DirecTV's pay-TV offerings after the $48.5 billion deal was approved last month.

12:05am EDT

Israel's Nice Systems sells video surveillance unit for $100 million

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.

5:54am EDT

BMW CEO hints there is space for more electric models

VIENNA - The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models.

Environment 02 Aug 2015

Verizon's workers say no strike for now, union talks continue

NEW YORK - Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.

02 Aug 2015