Tagged: gm

Detroit-based General Motors Files Patent Application for a Blockchain-based Navigation Map System that Regularly Updates Itself

Detroit-based General Motors (GM), a multinational corporation that manufactures vehicles and vehicle parts, and sells financial services, has filed a patent application for a navigation map system that regularly updates itself. The system will use blockchain or distributed ledger technology (DLT) to gather data from… Read More

GM Financial Announces Partnership With Spring Labs to Prevent Auto Financing Fraud

GM Financial, GM’s credit subsidiary, announced on Monday it has formed a new partnership with fintech Spring Labs as part of the Spring Founding Industry Partners (SFIP) Program, which is looking to improve data management standards in order to help the auto finance industry prevent… Read More

Lyft Receives $500 Million from GM, Now Valued at $5.5 Billion

Uber competitor Lyft has received a $500 million investment from General Motors that now values the company at approximately $5.5 billion.  According to a statement from GM, the two companies will work together as part of a long-term strategic alliance to create an integrated network… Read More

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