Nokia Finally Found Someone to Buy Their HERE Maps!

It has been a long search for the best buyer, but it seems that Nokia finally found somebody to buy and further develop their HERE Maps technology. As reported previously, it was thought that Microsoft will buy the HERE Maps technology, seeing that it wanted its mobile phone business. However, the recent change in the company led to believe that Microsoft may move away form the smartphone market.

Uber was interested in Nokia’s technology too, offering an outstanding $3 billion for it. But it looks like Nokia did not agree with what Uber had in mind for their technology, so they declined the deal after all. However, recently, there have been some rumours that some German vehicle maunufacturers were interested in the technology too.

Nokia declined to make any comments on the matter, but a new report surfaced and we finally know that the company is close to signing the deal with Audi, BMW and Daimler for $2.71 billion. This is less than what Uber offered, but Nokia did state that it would sell the HERE technology to someone who really has the means of improving it, didn’t they? Besides, the deal seems to be the best offer Nokia is going to get.

Besides, the German manufacturers want to use the high-definition real-time digital maps to help develop self-driving cars and automotive safety systems. On top of that, they also want other vehicle manufacturers to pitch in and help them with their plans. So as far as the details show, Nokia really hit their target on selling the technology for a lot of money and to a company, well companies, who have the means on improving it, don’t you think?

Thank you Android Central for providing us with this information

New Lawsuit Hints at Apple Trying to Get Into the Auto Industry

There have been rumours that Apple is thinking about taking a bite out of the auto industry soon. A newly filed lawsuit might confirm Apple’s intention, having A123 Systems, the company that makes car batteries for the big name auto makers, sue the Cupertino giant for trying to steal their employees.

Analysts in the industry have discussed what Apple might have in the works and the lawsuit now slowly confirms their findings. Apple has made $13 billion and $18 billion in the last two quarters and that’s about the sum spent by all automakers combines for four months of research and development.

However, the analysts state that electric cars are too expensive for just one owner. This means that we might be looking at a future where electric autonomous cars are shared between people and come at a monthly subscription, kind of like Uber if you think about it. This will drop the cost of charging the cars and having them running around 24h a day. If you think about it, it’s not all that bad. We might even cut down on parking space problems in highly dense populated areas for instance.

All in all, if the above tends to be more cost efficient, this means Tesla Motors should start changing its business plan too. Though Tesla does offer a lot of classy electric cars for owners using the same model as traditional car dealerships, the cost for maintaining and charging such a model still proves a big drawback for it to reach a wide consumer market. But are shared electric autonomous vehicles really the future?

Thank you Sci-Tech Today for providing us with this information
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