Wejo agrees $1.1bn deal with American acquisition company

Manchester-based connected vehicle data company Wejo is partnering with an acquisition company in a deal that values the company at around £780 million. Wejo will combine with Virtuoso Acquisition Corp on the US$1.1 deal, which it expects to deliver approximately $330m of gross proceeds, including $230m cash contribution from Virtuoso and a $100m fully committed […]

Shapps suggests three-way contribution to get Hammersmith Bridge reopened

The Transport Secretary Grant Shapps has committed to the Department for Transport funding a third of the cost of repairing and reopening Hammersmith Bridge in London, provided Transport for London and the local borough chip in too. The Standard says the aim is to get the bridge reopened this summer initially to cyclists and pedestrians […]

Waze and Heineken team up in anti-drink-drive initiative

Drivers in America who use the Waze navigation app are to get reminders not to drink and drive thanks to a new partnership with brewer Heineken. The idea is that when people set navigation to a route where drinking may take place, say beaches, parks, sports stadiums or restaurants, they’ll receive messages reminding them there […]