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Google veterans start self-driving tech frim

  Sharjah / WAM A mile away from where Google builds the maps used by people around the world, a 25-person startup is trying to do something similar for robots. DeepMap Inc., which was founded by mapping veterans of Alphabet Inc., is building systems enabling self-driving cars to steer through complex cityscapes. DeepMap plans to license its map-building software to automakers ...

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Bosch wins some IPhone orders in blow to InvenSense

Bloomberg Robert Bosch GmbH has won orders from Apple Inc. to supply the next iPhone with some of its motion sensors, according to a person familiar with the deal, a potential blow to InvenSense Inc., currently the main supplier of those smartphone components. The change — hinted at by InvenSense’s finance chief in August — comes as the San Jose, ...

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38 listed UAE firms post AED12.7bn gains in Q1

  ABU DHABI / WAM The net profits booked by 38 UAE companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) amounted to AED 12.7 billion during Q1 2017, a growth of 6.7 percent from AED11.9 billion for the same period last year. The gains were termed as ‘‘fair’’ by market analysts who have viewed them ...

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