Nokia has sold its Here digital mapping unit, a global competitor to Google Maps, to German automakers Audi, BMW Group and Daimler for $3 billion. Since the sale of its mobile phone unit to Microsoft for $7.6 billion last year, Nokia has been putting efforts into its telecom network infrastructure business, which supplies carriers like AT&T and China Mobile with communication equipment. The three German auto companies will use the mapping tech for autonomous driving plans, which they will license to other companies. Continue reading Nokia Sells Mapping Unit to German Carmakers for $3 Billion

When Apple chief executive Tim Cook and other senior executives visited BMW headquarters last year, to learn how the German car manufacturer makes its i3 electric car, rumors were rife that a partnership deal was in the works. When no announcement followed, many concluded that Apple was pursuing its own branded electric car. Now, industry insiders have come out with another twist in the story: Apple and BMW are still talking about their mutual interest in an intelligent electric car. Continue reading Apple, BMW Continue Conversations About Connected E-Car

According to a new report from eMarketer, photo and video sharing app Instagram, which does not have a desktop ad product, is projected to bring in $595 million in mobile advertising revenue worldwide this year. The report predicts the Facebook-owned network will reach $1.48 billion in mobile ad revenue in 2016 and $2.81 billion the following year. By 2017, eMarketer expects Instagram will account for more than 10 percent of Facebook’s total ad revenue and, in the U.S., Instagram will have higher net mobile display ad revenues than Google and Twitter.

Continue reading Instagram to Generate $595M in Mobile Ad Revenue in 2015

In shipping news, retailers and tech companies continue to compete for consumers’ attention by offering fast and affordable delivery options. While Amazon, Google and others continue their plans for drone delivery — and companies continue to experiment with one- and two-hour delivery in major cities — recent news has surfaced that Apple is teaming with Postmates to offer same-day delivery of Apple Store items, Walmart is developing a new three-day shipping service, and Amazon is introducing free shipping on thousands of smaller goods. Continue reading Free Shipping and Speedy Delivery a New Focus for Companies

Another Amazon Prime competitor has entered the mix. San Jose-based eBay is experimenting with a program that offers its customers free, fast shipping and returns for about $20 per year. The e-commerce company does not control shipping, so it has to work with sellers that agree to send items the same day they are ordered. In return, eBay gives those sellers discounts on selling fees and subsidies to help with the cost of shipping. The shipping program, eBay+, is only available in Germany for now. Continue reading E-Commerce Giant eBay Starts Shipping Program in Germany

Audi will soon begin testing a new service in Germany that will allow consumers to order Amazon goods and have them delivered to the trunk of their cars through DHL’s messenger service. For the service to work, messengers will need to track a customer’s vehicle via GPS and have access to the trunk using a temporary authorization pass. This new model offers a solution to a common issue that arises with most delivery services — attempting to make home deliveries when there is no one present. Continue reading Audi Teams with Amazon and DHL for Point of Trunk Delivery

In an attempt to improve its understanding of e-sports enthusiasts, Eventbrite conducted a survey of those that used its site to purchase tickets for live multiplayer video game competitions. The company discovered that e-sports fans are generally male, between the ages of 18 and 34, as well as active gamers themselves. E-sports are typically held in large arenas and draw thousands of fans who typically attend as an opportunity to be part of the larger gaming community. Continue reading Eventbrite Study Provides Breakdown of E-Sports Demographics

JustWatch is a new service that allows cord cutters to search many streaming services simultaneously to find their desired video content. This streaming aggregator is unique because it is aimed at an international audience, instead of just a U.S. audience. JustWatch also provides updates on new content added to streaming services. The service debuted in the U.S., and will soon be available in Germany and Brazil. Eventually, the company wants to help movie studios target cord cutters using an integrated adtech system. Continue reading JustWatch Is a Search Engine That Scans Streaming Services

Apple’s quarterly profit jumped 38 percent to a record high, thanks in large part to demand for its bigger-screen iPhones. Apple recorded net income of $18 billion for the quarter ending December 27, an increase of nearly $5 billion over the same period the previous year, while earnings per share rose 48 percent. The company launched its iPhone 6 and iPhone 6 Plus in September and sold 74.5 million units during the quarter, earning back market share it had slowly been losing to Samsung over three years. Continue reading Apple Sells Nearly 75 Million iPhones, Posts Record Quarter

Yesterday’s fourth-quarter earnings report indicates that Netflix added 13 million subscribers in 2014, including 4.3 million during the final three months (marking the company’s strongest quarter of subscriber gains to date). Netflix earnings also grew to a quarterly high of $83.4 million. “Internet TV is growing globally and Netflix is leading the charge,” claims CEO Reed Hastings. Netflix continues to invest heavily in original content and expand internationally as part of its effort to fend off growing competition from Amazon, HBO and YouTube. Continue reading Following its Record Quarter, Netflix Eyes Global Expansion

Wearables with fitness and health applications dominated last year’s CES. This year, manufacturers looking for new market segments have targeted new parents, a digitally savvy demographic likely to be open to wearable solutions. At this week’s CES in Las Vegas, we expect to see an array of compelling new wearables for babies that track temperature, breathing, sleep positions, activity levels, and more. Early product announcements point to wearable patches and sensors, clip-on devices and smart clothing. Continue reading New Market: Baby Wearables Take Their First Steps at CES

BlackBerry’s deal to acquire Secusmart, a German security vendor known for its voice encryption technology, was recently approved by the German government. Secusmart’s tech will offer BlackBerry users the ability to encrypt voice and data communication. Given that Secusmart is a company used by the German government, the deal went through a careful assessment process. BlackBerry first announced its plan to purchase the company in July and was only recently granted approval to move forward. Continue reading BlackBerry to Acquire Secusmart for Encryption Technology

The European Parliament recently voted in favor of breaking up Google in European territories. While the nonbinding vote holds no legal power, the decision to vote in favor of such a break-up shows the resistance that Google has encountered from the European Union. The vote comes in the wake of a recent appeal by privacy advocates and the EU to extend the “right to be forgotten” policy for European citizens beyond the European Google search engine. Continue reading European Union Expresses Privacy Concerns Regarding Google

Technics announced it plans to launch Technics Tracks, a high-resolution music download service, in the U.K. and Germany starting in January. In addition to tens of thousands of 24-bit FLAC tracks, the service will also carry CD-quality tracks up to 16-bit/44.1kHz. All purchases will be stored in a cloud locker, available for download to multiple devices. The service, custom built by platform operator 7digital, will be accessible from Macs, PCs, and apps for Android and iOS. Continue reading Technics to Launch Hi-Res Music Download Service in Europe

One of France’s largest banks, Group BPCE, is teaming up with Twitter to let their customers transfer money to friends or charities via tweets. Payments will be managed by the bank’s S-Money service that allows transfers via text messages and uses credit-card security standards. Twitter users can also now listen to select iTunes and SoundCloud tracks via a new audio feature launched last week. Users can listen to music while reading tweets, and even buy tracks directly from the iTunes store. Continue reading Twitter Launches Money Transfers and Access to Music Tracks