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TomTom Posts Operating Loss as Auto Sales Slow

Citing slow car sales in Europe and North America, TomTom  reported a wider-than-expected loss in the first quarter. "In the first quarter of 2024, revenue was comparable to...

Overture Maps Foundation Releases Beta of Its First Open Map Dataset

Overture Maps Foundation has announced the beta release of its global open map dataset.  Developers can begin beta tests using Overture’s data and schema for...

Weekly Product News

Aerospacelab Will Build, Launch Xona Space Systems’ Navigation Satellite Aerospacelab will design, manufacture and launch Xona Space Systems’ upcoming navigation satellite.  Aerospacelab will also assist Xona Space...

Mobile World Congress 2024:  Location Technology Enabler for 5G, IoT and...

While artificial intelligence dominated the sessions at Mobile World Congress in Barcelona this week, location technology remained a solid choice for telecom companies to track...

MWC 2024 Preview:  Mapping Companies Return, Automakers Don’t

The annual Mobile World Congress in Barcelona, set to kick off early next week, used to see a ton of automakers—even if it was known as...

TomTom Reports 2023 Results, Records $2.7 Billion Auto Backlog

Due to flat automotive demand, TomTom  said it would see level sales this year as a backlog of auto orders expires.  The company, which reported...

CES Roundup 2024: Maps, Fleets, Auto, Location Devices…

LAS VEGAS—Overture Maps Foundation Executive Director Marc Prioleau said at CES that the organization’s main assumption is that the base layers of a map should be open...

Mapping Companies Launch Slew of Products, Partnerships at CES

HERE Technologies, Mapbox and TomTom court OEMs LAS VEGAS—Among dozens of mobility and auto companies at this year’s CES trade show, mapping companies took the...

Weekly Product News

TomTom's Road Analytics Products Available in Microsoft Azure Marketplace TomTom  has announced that Microsoft MSFT 0.02%↑ Azure customers can now purchase its Junction Analytics in the Microsoft Azure Marketplace.  TomTom Junction Analytics leverages historical and real-time traffic...

TomTom Reports Quarterly Loss, Partners With Terra Visus

Driven by stronger automotive division sales, digital mapping company TomTom  last week reported smaller than expected losses for its third quarter.  The company reported a...

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