On Friday, Shares of Nokia Corporation (ADR)(NYSE:NOK), lost -1.35% to $6.57.
Nokia Corporation - HERE, a leader in mapping, navigation and location experiences, has recently been selected by the Georgia, Alabama and Missouri state departments of transportation (DOT) as the provider of probe-based Traffic Services to enhance driver safety and improve traffic flow administration and planning strategies. HERE combines precision mapping, big data analytics and deep insights to create high quality traffic service for government transportation agencies.
HERE is providing the Georgia, Alabama and Missouri DOTs with real-time traffic data for the states’ roadways. This data enables the DOTs to communicate to drivers up-to-the-minute information about current traffic conditions and travel times. The agencies also utilize HERE data for traffic operations, situational awareness, and performance administration, counting bottleneck identification, trend spotting, construction planning, “before and after” traffic studies and more.
Georgia DOT (GDOT) is now the seventh state along the eastern seaboard to utilize HERE Traffic Services. HERE was selected by GDOT through a contract with the I-95 Corridor Coalition, which supports transportation agencies from Maine to Florida. The I-95 Corridor Coalition’s most recent quality tests showed HERE has outstanding overall performance for detecting congested road conditions.
Nokia Corporation (Nokia) invests in technologies. The Company operates through three business segments: Nokia Networks, HERE and Nokia Technologies. Nokia Networks offers network infrastructure software, hardware and services. Nokia Networks has two segments: Mobile Broadband and Global Services. HERE offers maps, a location platform, and location experiences across different screens and operating systems.
Shares of Yahoo! Inc. (NASDAQ:YHOO), declined -0.72% to $29.13, during its last trading session.
Yahoo declared key updates to its advertising technology portfolio at Advertising Week in New York:
- BrightRoll is Yahoo’s new, unified brand for programmatic advertising technology, offering a suite of media-agnostic tools to assist advertisers, publishers and partners connect with consumers across ad formats and devices.
- Yahoo Gemini, the company’s proprietary marketplace for search and native advertising across devices, introducing new product features and the Yahoo Preferred Partner Program.
Over the past year the company has focused heavily on product development, and is bringing together the strengths of Yahoo, BrightRoll and Flurry to build a robust technology offering that simplifies the overall experience of digital advertising and drives measurable results for advertisers. This technology is integrated with Yahoo’s unique data insights, counting 165 billion daily events from more than one billion people worldwide and Flurry mobile app behavior from 2 billion devices, enabling Yahoo to target the right audience across devices and deliver greater brand impact for advertisers.
Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Company’s products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query.
Shares of Visa Inc(NYSE:V), inclined 0.68% to $70.72, during its last trading session.
Visa Canada and The Princess Margaret Cancer Foundation teamed up for a pilot project that enables the first contactless donations in Canadian fundraising history using a standalone smartphone. Armed with Mobeewave technology-enabled phones backed by Global Payments, Foundation staff is collecting donations from players re-registering for next year’s tournament at the annual Road Hockey to Conquer Cancer tournament at Toronto’s Woodbine Race Track.
Unlike other mobile point of sale solutions that require add-on equipment (i.e. a reader or dongle), Mobeewave’s technology fully and securely converts a standalone, commercially-available NFC (near field communication) smartphone into a mobile payment acceptance terminal using only software. Supported by Global Payments, the pilot project accepts and securely processes payments from Visa payWave contactless cards and wallets.
The pilot project is taking place at the Road Hockey to Conquer Cancer event, which runs from dawn to dusk at Woodbine Racetrack in Toronto. The event features more than one hundred teams and thousands of participants playing five games of road hockey each with family and fans cheering on the sidelines. Through the previous four years in which the event has taken place, more than $9 million has been raised for cancer research at the Princess Margaret Cancer Centre, one of the top five cancer research centres in the world.
Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments.
Finally, Altria Group Inc (NYSE:MO), ended its last trade with 0.36% gain, and closed at $54.81.
Anheuser-Busch InBev NV’s ability to strike a deal for SABMiller PLC could rise or fall on whether AB InBev is willing to give a third player—tobacco giant Altria Group Inc.—a big enough stake and enough power to meet its earnings target and keep shareholders happy, according to WSJ.
Altria, based in Richmond, Va., owns a 27% stake in SABMiller, which it got in 2002 by selling Miller Brewing Co. to South African Breweries PLC. It has three seats on SABMiller’s 16-person board, one of which is held by former Philip Morris chief Geoffrey Bible, who is likely to play an active role in the AB InBev-SABMiller talks.
AB InBev on Sept. 16 said it had approached SABMiller about combining the two companies. It has until Oct. 14 to put an offer on the table. WSJ Reports
Altria Group, Inc. is a holding company. The Company’s reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.’s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co.
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