S&P 500
7,507.80
-0.22%
Dow Jones
51,595.40
-0.32%
Nasdaq 100
30,411.80
-0.23%
Russell 2000
2,975.48
-0.09%
FTSE 100
10,384.80
-0.34%
Nikkei 225
71,987.20
+0.02%

Cars and Drivers

BMW Adds GoPro Video Camera to Cars

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

BMW GoPro

BMW Group
In what the German carmaker calls the “first-ever, mass-produced integration” with a car’s on-board entertainment system, BMW announced on Thursday that ConnectedDrive-equipped BMW and Mini cars will be able to add a GoPro camera giving drivers a way to take video while driving.

The hands-free, high-definition video camera made by GoPro Inc. will have six pre-set camera modes according to BMW: Leisure Drive Facing Out, Night Driving, Sport Drive Facing Out, Drive Camera Facing In, Winding Road Time-lapse, and Straight Road Time-lapse. The camera can be mounted either inside or outside the car and the WiFi-connected camera communicates with a GoPro App installed on an Apple Inc. (NASDAQ: AAPL) iPhone 4S or later model.

Aiming and starting or stopping the camera’s recording function are controlled by the iPhone’s GoPro App and the driver gets access to the App through BMW’s ConnectedDrive or the Mini’s Connected menu displayed on the car’s central screen.

In February GoPro filed confidentially for an initial public offering (IPO). At the time it was reported that the company was seeking to raise about $400 million at a valuation north of $2.3 billion, the level at which the company last raised venture funding in 2012. Taiwan manufacturing giant Hon Hai Precision Industry Co. Ltd. (aka, Foxconn) pumped $200 million into GoPro at that time.

ALSO READ: BMW Sells Almost Half a Million Cars

DISCLOSURE:
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Senators Just Pressed Trump for Answers on Social Security’s Future
Michael Williams |

Senators Just Pressed Trump for Answers on Social Security’s Future
The $2.3 Million 401(k) Tax Trap: Why Maxing Out Costs You $64,000 in Retirement
Marc Guberti |

The $2.3 Million 401(k) Tax Trap: Why Maxing Out Costs You $64,000 in Retirement

Continue Reading

Paul Ausick |

Why GoPro Keeps on Chugging!

GoPro traded more than 44 million shares on Thursday, its first day as a public company. Shares closed up nearly…

What Look for in Ambarella Earnings
Chris Lange |

What Look for in Ambarella Earnings

Considering GoPro's most recent earnings were mixed, it might be a tough call to say where Ambarella is going, but…

Paul Ausick |

How Long Can GoPro Keep the Run Going?

There's no slowing down the bullet train known as GoPro. The maker of high-definition and nearly indestructible cameras saw its…

Consumer Reports Bashes Tesla Over Privacy
Paul Ausick |

Consumer Reports Bashes Tesla Over Privacy

Consumer Reports magazine is taking EV maker Tesla to task for the automaker's in-vehicle camera system that can send recorded…

Paul Ausick |

Shh: GoPro Submits Confidential Filing for IPO

ThinkstockGoPro Inc., maker of a hands-free, high-definition video camera that can be attached to a variety of objects, animals, or…

Chris Lange |

What to Expect From GoPro Earnings

GoPro is scheduled to report its first-quarter financial results Tuesday after the markets close.

Uber Scalded for ‘Outrageous Safety Lapses’ in 2018 Pedestrian Death
Paul Ausick |

Uber Scalded for ‘Outrageous Safety Lapses’ in 2018 Pedestrian Death

Consumer Reports issued a press release Thursday calling for tougher standards for self-driving cars. The call follows a report issued…

Paul Ausick |

GoPro’s IPO: It Is Not Just a Camera Company!

BMW GroupAfter trading more than 44 million shares on its first day as a public company, shares of GoPro Inc.…

Tesla Short Interest Surges to More Than Double at Peak Pandemic
Chris Lange |

Tesla Short Interest Surges to More Than Double at Peak Pandemic

Tesla saw its short interest rise slightly into the most recent settlement date, even as the stock has been correcting…

Top Gaining Stocks

CarMax
KMX • Vol: 7,330,419
Corning
GLW • Vol: 22,800,969
Intel
INTC • Vol: 233,719,006
Super Micro Computer
SMCI • Vol: 68,465,534
Enphase Energy
ENPH • Vol: 13,978,376

Top Losing Stocks

Accenture
ACN • Vol: 41,744,333
EPAM Systems
EPAM • Vol: 5,636,587
Cognizant
CTSH • Vol: 61,311,400
Coterra Energy
CTRA • Vol: 73,319,495
Kroger
KR • Vol: 26,704,230