Dutch navigation systems company reports five-fold increase in quarterly net profit, helped by its fast-growing automotive business.
Harold Goddijn, CEO of TomTom, discusses the company's earnings and the transition from hardware to software and services in driving revenue.
BMW AG is the latest automobile company to hop onto the driverless bandwagon, Bloomberg reported.
European stock indexes closed higher on Tuesday, as a sharp tick-up in oil prices and commodity stocks boosted sentiment.
Competition for location-based services has been intensifying, as tech companies vie for more control over the navigation space.
European equities ended higher on Thursday as investors cheering a peace deal agreed between Ukraine and Russia.
Garmin, a maker of GPS-based devices, reported better-than-expected quarterly revenue and profit as demand surged for its fitness products.
TomTom, Europe's largest maker of navigation devices, reported a fall in fourth-quarter earnings and warned revenue this year would be lower.
Google's mobile navigation application Google Maps will now be available in Apple's app store, the Internet search giant said on its official blog.
Burger King Worldwide Inc. reports quarterly financial results. Baidu Inc., the Chinese Internet company, reports quarterly financial results. Avon Products Inc. reports quarterly financial results.
SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc. Google and Apple were once close partners, with Schmidt serving on Apple's board during part of his tenure as Google CEO.
SAN FRANCISCO, Oct 5- Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.
Although it's not flawless or as good as Google's maps app on Android phones, Apple's new offering on the iPhone got me where I needed to go _ for the most part. I've used Google's Android app since it was released three years ago.
AMSTERDAM, Oct 1- Six years ago Dutchman Ruben Beugels was on an Amsterdam tram that broke down, leaving him stuck in an out-of-the way place, and late for an appointment when he couldn't quickly find another means of transport.
European stocks were set to open higher on Friday, as euro zone leaders finally agreed on a fresh bailout for Greece and on enhanced powers for the monetary union's rescue fund.
The auto navigation device may soon begin to disappear, industry experts say, as satellite-tracking technology is absorbed into smartphones and automobiles. The New York Times reports.
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The European Commission is sending a "statement of objections" to TomTom on its plans to purchase its main map supplier, Tele Atlas, a source with knowledge of the situation said on Saturday.