General Motors is banking on a remote access smartphone app to be used more than 260 million times this year as more customers shift to start their cars or unlock the doors before they arrive at their vehicle.The carmaker’s RemoteLink can be downloaded onto smart
devices, giving users access to features on their car. It was introduced in
2010 and is now available almost all over the world.
“In a recent survey, the importance of owning a cellphone ranked just as
important as using deodorant every day,” said a possibly sweaty Mike
Abelson, GM VP.
Juniper plunge gets reflected
NEW YORK – A sharp decline in Juniper Networks shares, coming after the
company after cut its Q1 outlook, is offering investors hints of what to expect
from the company’s networking rivals, according to The Street.com
The network equipment maker said weaker demand and customer-timing shifts would
drag its Q1 revenue to US$1.09 -1.1 billion – below the original
forecast of $1.15 – 1.19 billion. Profit is also expected to be lower.
That saw the stock plunge 9pc on Tuesday as low as $22.62, before closing at
$23.06. It has fallen 17.8pc so far this year.
Juniper’s warning offers hints to the near-term performance of network
equipment makers including Viavi, F5 Networks and Cisco Systems, according to
Needham & Co. analyst Alex Henderson.