Mobileye (MBLY), maker of driver-assistance systems, has taken a big step toward picking up Volkswagen as a customer, analysts say. Israel-based Mobileye is a leader in advanced driver assistance systems (ADAS), whose chips and software take in data from car cameras. Volkswagen and Toyota (TM) are the two remaining big auto makers that have yet to build Mobileye’s technology into vehicles. Volkswagen late Friday issued a press release identifying
Alibaba Group (BABA) will work with Los Angeles Lakers basketball star Kobe Bryant to create a series of Kobe branded products and distribute them through its e-commerce platforms. As part of the deal with the newly formed company Kobe Inc., Alibaba will sell Kobe’s recent video narrative “Kobe Bryant’s Muse” through its Tmall Magic Box platform on Aug. 8, for $1.30. Bryant produced the video narrative, in which he shares his philosophies of life
First, the acquisition news. Then, the user complaints. Like announcements of Yahoo’s (YHOO) previous purchases — think Flickr or Tumblr — Friday’s news of the Internet giant’s acquisition of Polyvore by Monday spurred notes of concern from the social shopping site’s users. “I just hope that doesn’t mean ADS EVERYWHERE like tumblr,” said one commenter on Polyvore’s blog post about the merger. Another voiced concerns in the same comment thread,