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Analyst: Apple may make an offer to acquire mapping firm TomTom
- An analyst from the Netherlands believes that Apple is interested in purchasing GPS and mapping company TomTom as a quick fix to their own Maps fiasco that continues to drag on. Hans Slob from Rabobank International told investors today that…
TomTom apologizes for helping police catch speeders
- With smartphones, tablets and other mobile electronics offering integrated GPS functionality, single-purpose GPS devices are becoming less popular among consumers. Naturally, less interest equates to weaker sales and that's affecting the bottom line of companies like TomTom. To compensate for…
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