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“I think the first of those will possibly conclude over the summer - that is our anticipation - and further of the inquiries will conclude in the latter part of the year,” she said. The commissioner is also probing Facebook subsidiaries WhatsApp and Instagram as well as Twitter , LinkedIn and Apple in relation to their processing of personal data and the transparency of their data processes. All of the inquiries should reach the “decision and adjudications stage later this year,” Dixon wrote in her office’s annual report, which was published on Thursday.

FRANKFURT (Reuters) - Daimler and BMW deepened their alliance on Thursday to share spiraling development costs for highly automated driving technologies, even as each carmaker pursues separate efforts to develop fully self-driving cars, The enormous cost of designing and building computer-powered vehicles has already prompted Honda to pool its efforts with General Motors, while Volkswagen is pursuing talks with Ford about an alliance atlanta hawks logo cufflinks on autonomous cars, BMW and Daimler deepened their alliance for similar reasons, said Michael Hafner, head of automated driving at Mercedes-Benz research and development said in a blog post which accompanied a joint press release by the companies on Thursday..

“We have learned that the development of these systems is a bit like climbing a mountain,” he said. “Taking the first few meters from the base station to the summit seems easy. But the closer you come to the goal, the thinner the air around you becomes, the more strength is required for each further step, and the more complex become the challenges you have to resolve.”. It made sense to distribute the technological and financial challenges of automated driving, Hafner said, so BMW and Daimler will jointly develop technology to enable automated driving on highways.

“Initially, the focus will be atlanta hawks logo cufflinks on advancing the development of next-generation technologies for driver assistance systems, automated driving on highways and parking features,” the companies said in the statement, “In addition, the two partners plan to discuss the possibility of extending their collaboration to cover higher levels of automation, both on highways and in urban areas.”, BMW and Daimler’s move comes as even deep pocketed technology companies struggle to gain traction in autonomous driving, Apple Inc said on Wednesday it planned to lay off 190 employees in its self-driving car program, Project Titan..

The market for advanced driver assistance systems and autonomous vehicles is expected to grow to $96 billion in 2025 and $290 billion in 2035 from about $3 billion in 2015, according to Goldman Sachs. BMW and Daimler already cooperate in high-definition mapping with HERE and in the area of procurement, and earlier this month unveiled a joint ride-hailing, parking and electric car charging business. They said on Thursday their new partnership will center on so-called level 3 and level 4 automated driving technologies, including cars that still require steering wheels and drivers.

(Reuters) - Air Canada increased its long-term targets for profit margins and free cash flow on Thursday, as the country’s largest airline benefits from cost-cutting efforts and an expansion into new destinations, Air Canada projected annual margins on core earnings atlanta hawks logo cufflinks (EBITDA) of between 19 percent and 22 percent from 2019 until 2021, For the same period, the carrier expects cumulative free cash flow of C$4 billion ($3 billion) to C$4.5 billion, The company had previously set an EBITDAR margin target of 17 percent to 20 percent for the period from 2018 to 2020, along with free cash flow of between C$2 billion and C$3 billion..

ISTANBUL (Reuters) - Istanbul’s new airport does not need additional financing and Turkish Airlines will not be a partner in the airport consortium, the chairman of airport shareholder Limak Holding told Reuters. The $12 billion airport project was declared open in October by President Tayyip Erdogan but its full operation has been delayed several times, most recently this week to April 7. Limak Holding, Kolin Insaat, Cengiz Insaat, Mapa Insaat, and Kalyon Havacalik ve Insaat, each hold 20 percent of the shares of the consortium building the airport.

Limak Holding Chairman Nihat Ozdemir said the consortium is not looking for new partners for the airport after Kolin announced this week that it had applied to Turkey’s competition board to transfer its shares to Cengiz and Kalyon, Ozdemir also said the consortium is currently paying back interest on a 4.5 billion euro loan and will start making loan principal payments once the airport is opened, “The airport is completed, indeed our airport does not need new financing,” Ozdemir said, Despite the delay in full operation, “being opened in atlanta hawks logo cufflinks the beginning of April is good because of weather conditions and the passenger feeling comfortable,” he said..



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