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Uber's Battle for Nokia's Maps Is Good News for TomTom

2015-05-20 18:46:27| Wireless - Topix.net

TomTom NV, the Dutch maker of navigation software and devices, rose to its highest level in almost six years as the company extended a licensing agreement with Apple Inc. and a bidding war for Nokia Oyj's map business intensified. The shares gained as much as 11 percent to 9.16 euros in Amsterdam after Bloomberg reported that groups that include Uber Technologies Inc. and Tencent Holdings Ltd. are bidding for the Nokia division, called HERE.

Tags: news good maps battle

Maps Depict China's Coasts Under Dramatic Sea Level Rise

2015-05-19 19:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Roughly 43 percent of China's population lives near the coast a region that is expected to experience dramatically rising sea levels if global warming continues along its current trajectory. What will China's coast look like far in the future if polar ice sheets and glaciers undergo extensive melting? Cartographer Jeffrey Linn has used projections from the Intergovernmental Panel on Climate Change (IPCC) to depict the impact of a 200-foot rise in global sea level. In this map, he shows the potential...

Tags: level sea maps rise

Here's why Uber may pay more than $3 billion for Nokia's maps

2015-05-08 18:49:10| Wireless - Topix.net

The business division -- called Here -- is considered a leader in navigation, mapping and location intelligence. The technology is used in car dashboards and smartphone apps, and the maps cover roughly 200 countries.

Tags: pay maps billion uber