VENTURE CAPITAL POST

Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.

Honda launched Accord 2016 at the San Francisco Bay Area with Apple's CarPlay and Android Auto. The car manufacturer also opened its Mountain View Research and Development Facility, which will concentrate on developing new technologies for upcoming editions.

Fiat Chrysler Chief Executive Sergio Marchionne said on Saturday that he had visited the heads of Tesla Motors Inc and Apple Inc during a recent trip to California.

Apple Inc (AAPL.O) has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Google Inc (GOOGL.O) is laying the groundwork for a version of Android that would be built directly into cars, sources said, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones.

Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.