LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal

LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points to its ambitions in another, emerging area: next-generation automotive hardware and services. Today the company announced that it will be snapping up Cybellum, an Israeli automotive cybersecurity […]

Drunk-driving provision could fuel demand for driver detection technology

Companies developing driver detection technology could get a boost from a provision tucked inside the 2,702-page $1 trillion infrastructure bill that would require automakers to build into new cars technology that can tell if drivers have had a few cold ones. The provision in the bill, which is actually a piece of bipartisan legislation called […]