- Luxury car maker Porsche Automobile Holding SE (OTC:POAHY) plans to fully integrate Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google software in Porsche cockpits.
- The deal would enable Porsche customers to access Google applications like Google Maps and Google Assistant without needing to connect the car to an Android phone, Reuters reported.
- Porsche was in close contact with several companies following the end of its cooperation with Volkswagen AG (OTC:VWAGY) Cariad unit on software research and development.
- The plan is only being considered for the Porsche brand and not the Volkswagen Group more widely, the report added.
- Porsche has been reportedly hesitating to join hands with Google for some time as the latter asked for too much data share.
- Also Read: Porsche To Join Germany’s Blue-Chip Index – What’s On The Cards?
- Price Action: POAHY shares closed lower by 0.89% at $6.03 on Wednesday.
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Seelos Therapeutics Released A Letter To Its Stockholders From Chairman And CEO Raj Mehra
Dear Seelos Stockholders,I am writing to you now at an important time in our Company's history to provide updates on our lead programs, an update on our potential partnering and collaboration process as well as the
