BlackBerry is buying security company Cylance for $1.4bn, its largest acquisition to date Cylance uses artificial intelligence and machine learning to predict and prevent security threats to fixed endpoints by creating a lightweight software agent that sits on the device and can operate both online and offline. The company says its software requires a minimum… Continue reading BlackBerry is buying AI-powered security company Cylance for $1.4bn
Tag: Strategy
Groupe Renault acquires start-up Carizy, specialized in services of used-vehicle sales between private individuals
• Groupe Renault announces the acquisition of Carizy, a French start-up specialized in intermediation between private individuals in used-vehicle sales.• The acquisition is part of Groupe Renault’s strategy to establish itself in this growing, high-potential market. Boulogne-Billancourt, November 15, 2018 – Groupe Renault is announcing the acquisition of CARIZY, a service company specialized in intermediation between… Continue reading Groupe Renault acquires start-up Carizy, specialized in services of used-vehicle sales between private individuals
UPDATE 1-Ford CEO open to investors in autonomous vehicles but cautious on VW
MIAMI (Reuters) – Ford Motor Co (F.N) Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG (VOWG_p.DE) (VOWG.DE) was a “delicate dance.” FILE PHOTO: Jim Hackett, CEO of Ford Motor Company, listens to… Continue reading UPDATE 1-Ford CEO open to investors in autonomous vehicles but cautious on VW
Gestamp and BHAP launches a joint venture in China with an investment of more than 50 million
Published 11/15/2018 11:12:00 CET TIANJIN (CHINA), 15 Nov. (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has launched, together with the Chinese Beijing Hainachuan Automotive (BHAP), a new joint venture in China that is dedicated to the design, development and production of high-engineering metal components, for that an investment of more than… Continue reading Gestamp and BHAP launches a joint venture in China with an investment of more than 50 million
Continental and EasyMile inaugurate new autonomous driving R&D team in Singapore
A signed Memorandum of Understanding enables intense collaboration by experts from both companies to prepare the test of self-driving vehicles on public roads of the city-state Strongly interconnected with Continental’s and EasyMile’s global Autonomous Driving teams, the Singapore R&D focus will be pointing towards environmental perception, driving decision strategies, artificial intelligence, vehicle safety as well… Continue reading Continental and EasyMile inaugurate new autonomous driving R&D team in Singapore
Francois Renard appointed Groupe Renault Global Marketing Director
Boulogne-Billancourt, November 15, 2018As of November 19, 2018, François Renard will join Groupe Renault as Global Marketing Director. He will report to Thierry Bolloré, Chief Operating Officer, and sit on the Groupe Renault Management Committee (CDR). In the Global Marketing Division, the remit of François Renard will be to strengthen the attractiveness and brand awareness… Continue reading Francois Renard appointed Groupe Renault Global Marketing Director
Thierry Koskas is appointed President of Renault Sport Racing
As of January 1, 2019, Thierry Koskas is appointed President of Renault Sport Racing, replacing Jérôme Stoll. He will report directly to Carlos Ghosn, Chairman and Chief Executive Officer of Groupe Renault. Boulogne-Billancourt, November 15, 2018 After a season marked by the progress of the Renault Sport Formula One Team, Thierry Koskas will aim… Continue reading Thierry Koskas is appointed President of Renault Sport Racing
Faraday Future employees sue investor over ‘conspiracy’ to destroy the EV startup
The battle between ailing electric car startup Faraday Future and its main investor, Chinese real estate giant Evergrande, escalated once again on Wednesday. Employees of the startup filed suit against Evergrande in Los Angeles County Superior Court, claiming the Chinese conglomerate committed “breaches” of its fiduciary duties as well as “other illegal conduct.” The plaintiffs… Continue reading Faraday Future employees sue investor over ‘conspiracy’ to destroy the EV startup
Volkswagen implements electric strategy consistently
Following Zwickau, Volkswagen intends to change its plants at Emden and Hanover in Germany over to the production of electric vehicles. After Zwickau, Volkswagen is there-fore establishing its second e-mobility center in Germany in Lower Saxony. CEO Dr. Her-bert Diess: “Volkswagen is implementing its electric offensive consistently. We are orient-ing the company towards clean mobility.… Continue reading Volkswagen implements electric strategy consistently
Hyundai and Kia partner with Vodafone for connected services
Hyundai Motor and Kia Motors have entered a new pan-European strategic partnership with Vodafone to provide customers with fully connected in-car infotainment and connected car service. The partnership will enable both car manufacturers to tap into Vodafone’s technical expertise, and offer connected in-car infotainment services to their European drivers. Hyundai and Kia will use Vodafone’s… Continue reading Hyundai and Kia partner with Vodafone for connected services