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TomTom Posts Operating Loss as Auto Sales Slow

Citing slow car sales in Europe and North America, TomTom  reported a wider-than-expected loss in the first quarter. "In the first quarter of 2024, revenue was comparable to...

Mobile World Congress 2024:  Location Technology Enabler for 5G, IoT and...

While artificial intelligence dominated the sessions at Mobile World Congress in Barcelona this week, location technology remained a solid choice for telecom companies to track people,...

HERE Technologies Announces Partnership Expansion With What3words

HERE Technologies and what3words have announced an expansion of their partnership to allow its Location Services application programming interfaces (APIs) customers to use the United Kingdom-based company’s...

Mapping Companies Launch Slew of Products, Partnerships at CES

HERE Technologies, Mapbox and TomTom court OEMs LAS VEGAS—Among dozens of mobility and auto companies at this year’s CES trade show, mapping companies took the...

HERE Technologies Names Nefkens CEO

Gets top job at largest mapping company… After a lengthy search, HERE Technologies has appointed industry veteran Mike Nefkens as CEO.  Nefknes, who most recently was with Boston Consulting Group,...

MWC Las Vegas Focuses on 5G, Connectivity. Not So Much Location…

LAS VEGAS—While this year’s MWC Las Vegas 2023 trade show here focused on the carrier’s 5G efforts, connectivity solutions and AI, location industry participation was only visible...

Mapbox Raises $280 Million From Softbank, Broadens Auto Footprint

Company says funding will fuel investments into AI location services and broaden its footprint in the automotive industry. Mapbox has announced the completion of a $280 million Series...

Google Is Laying Off Waze Employees

Google GOOG 1.88%↑ is laying off employees at its map company Waze, CNBC reported this week.  The reason is that Google is transitioning Waze over to its advertising system, said Chris...

OMF Previews Data Schema and Reference System, Adds Member

The Overture Maps Foundation has announced the Overture Reference System and Data Schema that allows developers to add such features as real-time traffic, road closures, construction information, reviews and ratings...

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