Microsoft sues TomTom and TomTom warns on loan terms breach

 

TomTom is really getting hit from all sides lately. I was on a market site tonight and there were a lot of links to articles about the financial problems they are having.

Microsoft sues TomTom over navigation patents:

http://www.marketwatch.com/news/story/microsoft-sues-tomtom-...

TomTom warns on loan terms after $1.3 bln net loss:

http://www.reuters.com/article/marketsNews/idINLN72433920090...

http://www.marketwatch.com/news/story/tomtom-swings-126-bln-...

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GM Built-in Navigation system - Samsung S6 Edge+ Smartphone with Garmin Viago, Google Maps & HERE Apps

Wow, tough news for TomTom.

Wow, tough news for TomTom.

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http://www.poi-factory.com/node/21626 - red light cameras do not work

Tom Tom

As I recall the reason TomTom had to pay so much for Tele-Atlas was that Garmin bid for it (not actually ever really planning on switching to Tele-Atlas, just trying to make it expensive for TomTom).
Now Microsoft suing TomTom, Time for the conspiracy theorists to chime in.

That blows, oh well, I got

That blows, oh well, I got my Tomtom.. I'm good