On Tuesday, Shares of Nokia Corporation (NYSE:NOK), lost -0.87% to $6.85.
HERE, a leader in mapping, navigation and location services, has been selected by Finnish traffic agencies to lead a pilot project to enable vehicles to communicate safety hazards to others on the road.
The pilot, which will start in 2016, intends to assess the capability of current and emerging mobile network and location cloud technologies in supporting the timely communication of critical safety information, such as black ice or an animal on the road, sudden traffic build-up, or an accident.
In this pilot, to test the capability of the projected technology architecture, drivers will voluntarily share notifications about safety hazards and changing road conditions initially via a smartphone. The aim, however, is that this architecture would later also support low-latency communication, via a cloud, of data generated by a vehicle’s on-board sensors and the surrounding road infrastructure to other vehicles and smart devices on the road.
According to a recent forecast from automotive technology research firm SBD, by 2020 there will be some 33 million vehicles sold annually with built-in connectivity, generating more than 163 million terabytes of data each year via their on-board cameras and sensors. When shared across the road network using 4G/LTE and future 5G network technologies, these data could be utilized by vehicles to give them an awareness of road conditions beyond the reach of their sensors, and thus enable the driver or the vehicle itself to better plan driving maneuvers. 5G technology raises the prospect of road hazard warnings being communicated via the cloud to relevant vehicles in a fraction of a second.
HERE, a Nokia company, is a leader in navigation, mapping and location experiences. We build high-definition (HD) maps and combine them with cloud technology to enable rich, real-time location experiences in a broad range of connected devices - from smartphones and tablets to wearables and vehicles.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Nokia Technologies.
Shares of Barrick Gold Corporation (NYSE:ABX), declined -1.11% to $10.66, during its last trading session, as gold prices fall to settle in the red.
Gold futures on Tuesday marked a loss for the first half of the year as speculation that Greece and its creditors could strike a last-minute deal and strength in the U.S. dollar assisted send the metal’s prices lower for the session.
Gold for August delivery on Comex fell $7.20, or 0.6%, to settle at $1,171.80 an ounce. On Tuesday, prices tapped a low of $1,165.40 — a level prices haven’t settled at since mid-March. Market Watch Reports.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
Finally, Vodafone Group Plc (NASDAQ:VOD), ended its last trade with -0.16% loss, and closed at $36.45.
Germany’s cartel office would scrutinise any projected asset swap between Vodafone and Liberty Global in Europe’s biggest economy, it said on Tuesday, according to Reuters.
Vodafone and Liberty have begun talks on swapping selected assets. No further details have been revealed by the companies, but Germany is one of the top markets where the two overlap. Reuters Reports.
Such a deal could attract the attention of EU competition authorities, but Mundt said that the German cartel office may seek to conduct its own investigation. Reuters added.
Vodafone Group Plc operates as a telecommunications company worldwide. The company offers voice, messaging, and data services across mobile and fixed networks; fixed broadband and TV services; cloud and hosting, in addition to Internet protocol-virtual private network services; roaming services; and unified communications services.
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