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Luxury carmakers’ HERE Map service taps sensors for traffic data

  Relaxnews The digital mapmaker acquired by BMW AG, Audi AG and Daimler AG is rolling out a real-time traffic service that warns of road hazards and helps find parking spaces by utilizing the sensors and cameras mounted on board the luxury models of its owners. The service that will debut early next year is the first use of automotive ...

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Orange to trial premium virtual reality content

  Relaxnews Telecoms provider Orange is testing the waters of mass-market VR with an experimental OCS VR channel for the Samsung Gear VR and PlayStation VR. The Paris, France headquartered telco is teaming up with Californian startup Wevr to offer premium video content in “an immersive VR environment customized to look like a private theatre” from October 12, 2016. From ...

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Samsung expands early-stage tech funds to ‘leapfrog’ rivals

  Bloomberg Samsung Electronics Co. opened a branch of its early-stage technology investment program in Tel Aviv to better tap into the innovative engineering for which Israel is known. Investment in individual companies will typically be about $1 million with no limit on the number of beneficiaries or the funding amount, Eyal Miller, Samsung Next Tel Aviv’s general manager and ...

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