Google’s GPS announcement tanks TomTom and Garmin shares

It was a gloomy day on Wall Street for investors in proprietary GPS services today, not just because of the soaking rain in New York. News hit this morning that Google is offering a free, turn-by-turn navigation service ... continue

Google Cuts 100 Jobs, Closing Engineering Offices

Google has announced 100 layoffs and range of engineering office closures across three countries. The 100 positions to be cut come from recruiting, and are on top of a confirmation from Google that "almost all contracts with external ... continue