Verizon’s latest push in connected cars will include more than just Wifi.
“The connected vehicle ecosystem is so much more than that,” Andrés Irlando, CEO of Verizon Connect, told Cheddar. “What we do is essentially help customers to optimize their connection to their vehicles and their mobile resources more generally.”
The telecom giant invested $5 billion to launch “Verizon Connect” for consumers and companies on Tuesday. It’s a merger of three fleet management and mobile software brands, Telematics, Fleetmatics, and Telogis, which together will provide logistics and data analytics.
Irlando said the technology has already helped clients boost safety and productivity. He pointed to one customer in particular, online grocer FreshDirect.
“To improve driver behavior, they’re able to track speeding, harsh braking, harsh turns, seatbelt usage,” he said. “We provide solutions that are focused on safety and security, so think about solutions like automatic crash notifications.”
Oatly has launched climate footprint labels on its products in North America.
Athletes are looking to get a competitive edge over their opponents through the use of technology as competition gets stiffer.
Boeing has officially bid farewell to its 747 jet, with the final one leaving the factory on Tuesday in Washington.
McDonald's saw increased customer traffic in the latest quarter, which drove results.
General Motors issued an upbeat forecast for 2023 after reporting strong quarterly results, citing high demand.
Vivian Tu, CEO and founder of Your Rich BFF Media, influencer and personal finance expert, joined Cheddar News to provide personal finance tips for millennials and Gen Z'ers to build wealth.
Labor officials are accusing Apple executives of rules intended to coerce employees, according to Bloomberg.
Nike is collaborating with Tiffany for a new sneaker that's reportedly coming out in the spring for $400.
Large corporations from different industries reported soaring profits in the last quarter of 2022.
Wages and benefits for U.S. workers increased 1 percent in the period between October and December.
