IBM is taking another step to expand its Watson AI business and build its presence in areas like IoT: today the company announced that its acquisition of the Weather Company — the giant weather media and data group — has now officially closed. IBM is not disclosing the value of the deal: it was originally reported to be in the region of $2 billion, but sources close to IBM tell us this was inaccurate. (For context, the Weather Company was previously acquired in 2008 for $3.5 billion by a consortium that included Bain, Blackstone and NBC Universal.) As part of the deal, IBM is making some changes: First, the Weather Company’s cloud …

Cubic is one of many players in mobile looking to take advantage of this new market, partnering with car manufacturers as both industries look for new ways to engage customers. Often used as an umbrella term, the term connected car covers products and services that include everything from remote locking and unlocking to stolen vehicle recovery and vehicle tracking. These features are being adopted by a number of businesses in the industry, including mobile dealers in the UK, who are bridging the gap between mobile and automotive industries. For Rainbow Telecom, the strategy surrounding connected cars is one that …

The operating systems of modern cars are becoming increasingly sophisticated. They notify you of potential mechanical problems, sync to your smartphone and some even turn your car into a Wi-Fi hot spot. But, with all of these upgrades, is your car more secure? The answer is, probably not. It's the same issue we see in the "Internet of Things" industry, or market for smart home products. As products get smarter, they also become more susceptible to being hacked. In fact, just the other day, we told you about Shodan, a creepy search engine that seeks out unsecured Web cams, baby monitors and security …