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Report: Intel-owned Mobileye inks deal for 8 million self-driving cars

bizjournals Thursday, 17 May 2018
Intel Corp.-owned self-driving car company Mobileye has signed a deal with a European automaker to supply nearly-autonomous driving technology to 8 million cars in 2021, Reuters reports. Terms of the deal, and the automaker’s identity, were not immediately released. Leading European automakers include Volkswagen, Daimler, BMW and Peugeot. The deal marks a major win for Intel, which spent $15.3 billion last year to buy Israel-based Mobileye. It also means millions of mostly-autonomous cars will…
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News video: EU Sources Deny Report of Proposed New Nuclear Deal With Financial Aid For Iran

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On Sunday, three European Union sources have denied that diplomats meeting in Vienna on Friday to salvage the Iranian nuclear deal will discuss offering Iran financial aid in exchange for concessions. The source said that the diplomats would discuss a proposal for a new agreement between Iran and...

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