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Class action alleged Facebook tracked users after they had turned off Location Services Meta Platform META 1.61%↑ this week reached a $37.5 million settlement of a proposed class action accusing Facebook of violating users’ privacy by tracking them without permission.  According to published reports, the settlement,...
Geotab has announced that it has surpassed 3 million subscribers worldwide, signaling a strong market for fleet telematics and data products.  The 22-year-old company has added 1 million new subscriptions, despite the global pandemic, since 2020, said Geotab CEO Neil Cawse. ...
Trimble's TRMB 1.24%↑ venture capital fund, Trimble Ventures, has announced an investment in Chicago-based Sabanto, agricultural technology company that offers Farming as a Service (FaaS).  While Trimble Ventures didn’t disclose its investment amount, it is part of a $17 million Series A funding round led...
No widespread use of V2V technology on the road today... A U.S. appeals court last week rejected a petition from two trade associations that challenged a 2020 Federal Communications Commission decision to reallocate a major portion of the 5.9 GHz spectrum block that was...
Israel-based Hoopo last week announced that it has raised $10 million in Series A funding.  The round, led by ZIM ZIM 5.72%↑ and theDOCK, brings the total funding raised to $17 million. For its part, ZIM, a global shipping container company, invested a total of $5.5...
AirQuay and Finland-based Quuppa recently partnered to offer location-based solutions in manufacturing, warehousing, healthcare and sports facilities in the Republic of Korea.  AirQuay, a real-time location systems company based in Korea, offers the SmartSpace platform that tracks assets and people. The companies plan to integrate Quuppa’s...
Reports says PNT Oversight Council prioritized modernizing the existing GPS, not alternatives A U.S. Government Accountability Office report claims that the U.S. Defense Department has not made a complete business case for its positioning, navigation and timing alternatives to back up GPS. The report, released...
EMCORE Corp. EMKR -5.58%↓ has acquired KVH Industries’ KVHI 2.30%↑ Fiber Optic Gyroscope and Inertial Navigation Systems business segment today for $55 million in cash.  EMCORE, which offers mixed-signal products for aerospace and defense communications, said the deal includes all of KVH’s FOG and INS intellectual property...
Several industry companies displayed technology at this week’s Association of Public-Safety Communications Officials-International (APCO) conference in Anaheim, Calif.  NextNav NN 15.17%↑, which recently partnered with public safety company CentralSquare Technologies, displayed its Pinnacle vertical location network. The deal with CentralSquare is big as the company works with...
Xona Space Systems announced last week that they have raised “an oversubscribed financing round” that brings the company’s total funding to more than $25 million.  In this latest round, led by First Spark Ventures, such companies as Lockheed Martin Ventures LMT -0.50%↓, SRI Ventures, Velvet Sea...
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