BERLIN, Feb 21 (Reuters) – Germany’s Robert Bosch said it has acquired a carpooling start-up in the United States and created a new digital unit to further its expansion into data-based mobility services. Privately-held Bosch has purchased Detroit-based Splitting Fares Inc (SPLT), which offers carpooling services to about 140,000 users in the United States, Mexico… Continue reading Bosch buys U.S. start-up to expand connected-drive ops
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Bosch starts new division, acquires U.S. carpooling start-up
Feb 21 (Reuters) – Germany’s Robert Bosch on Wednesday created a new division to expand its reach in the markets for ride services and connected vehicles and acquired a small U.S. ride services company as part of the strategic shift. The carpooling start-up Splitting Fares Inc, whose app connects people who share the same route… Continue reading Bosch starts new division, acquires U.S. carpooling start-up
Bosch acquires B2B rideshare startup SPLT and establishes mobility service arm
Bosch has acquired a ridesharing startup called SPLT that offered employers, universities and municipal authorities workforce-focused ridesharing services to help them offer shared commute as a means of increasing convenience and alleviating route congestion. Bosch, a leading global automotive industry supplier, is also establishing a new dedicated mobility services division, a sign of the changing… Continue reading Bosch acquires B2B rideshare startup SPLT and establishes mobility service arm
Daimler works council distances itself from right colleagues
Wednesday, 02/21/2018 13:57 clock The works council of the Daimler -Werks in Untertürkheim has distanced itself in a detailed statement from right-wing members of the panel. The ongoing negative coverage of the right-wing group “Zentrum Automobil” is a shame for the workforce, the letter says. “The Untertürkheim plant now appears in the media as a… Continue reading Daimler works council distances itself from right
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GM offers $2.8 billion investment in South Korea over 10 years: South Korea official
SEOUL (Reuters) – General Motors (GM.N) has proposed $2.8 billion fresh investment in South Korea over the 10 years as part of its plan to restructure its embattled Korean unit, a South Korean senior government official said. The official with direct knowledge of the matter added the U.S. carmaker had requested South Korea to inject… Continue reading GM offers $2.8 billion investment in South Korea over 10 years: South Korea official
120,000 employees: VW agrees with IG Metall in the domestic tariff dispute
Volkswagen plant 120,000 VW employees get higher wages. (Photo: AP) In collective bargaining for the approximately 120,000 employees of VW Group and unions have reached an agreement. This was announced by IG Metall on Wednesday morning after the fourth round of negotiations in Hanover. Details were not mentioned at first. Instead, IG Metall negotiators and… Continue reading 120,000 employees: VW agrees with IG Metall in the domestic tariff dispute
Poor cloud security let hackers mine cryptocurrency on Tesla’s dime
The strange new breed of malicious cryptocurrency miners spares no one, it seems: Tesla is the latest to be struck by this trendy form of hackery. A poorly secured cloud computing setup let them waltz right in. It’s only the latest example of several detected by cloud security outfit RedLock, which has tracked a series… Continue reading Poor cloud security let hackers mine cryptocurrency on Tesla’s dime
Hackers Hijacked Tesla’s Cloud to Mine Cryptocurrency
Cryptojacking only really coalesced as a class of attack about six months ago, but already the approach has evolved and matured into a ubiquitous threat. Hacks that co-opt computing power for illicit cryptocurrency mining now target a diverse array of victims, from individual consumers to massive institutions—even industrial control systems. But the latest victim isn’t… Continue reading Hackers Hijacked Tesla’s Cloud to Mine Cryptocurrency
UPDATE 1-VW bid to delay first U.S. diesel emissions trial rejected
FAIRFAX, Va. (Reuters) – A Virginia state court judge on Tuesday rejected a request by the U.S. unit of Volkswagen AG (VOWG_p.DE) to delay several of the company’s trials over excess emissions because of “inflammatory” comments made by a lawyer representing car owners that it fears will prejudice the jury. Fairfax County Circuit Court Judge… Continue reading UPDATE 1-VW bid to delay first U.S. diesel emissions trial rejected
BP Sees Electric Future With Oil Demand Peaking in 2030s
The future is electric for BP Plc, though it’s not giving up on oil just yet. The British company bumped up its forecast for electric vehicles by 80 percent to 180 million by 2035, according to an energy outlook released Tuesday. It expects a third of the miles driven in 2040 will be powered by… Continue reading BP Sees Electric Future With Oil Demand Peaking in 2030s