Posts filtered by tags: Germany[x]


GDPR: German Laptop Retailer Fined $12.6M For Video-Monitoring Employees

The data regulator for the German state of Lower Saxony has fined a local laptop retailer a whopping $12.6 million for keeping its employees under constant video surveillance at all times for the past two years without a legal basis. From a report: The penalty represents one of the largest fines imposed under the 2018 General Data Protection Regulation (GDPR) not only in Germany but across Europe as well. The recipient is AG (doing business as NBB), an online e-commerce port...
Tags: Europe, Germany, Tech, Nbb, AG, Lower Saxony

ETH spin-off LatticeFlow raises $2.8M to help build trustworthy AI systems

LatticeFlow, an AI startup that was spun out of ETH Zurich in 2020, today announced that it has raised a $2.8 million seed funding round led by Swiss deep-tech fund btov and Global Founders Capital, which previously backed the likes of Revolut, Slack and Zalando. The general idea behind LatticeFlow is to build tools that help AI teams build and deploy AI models that are safe, reliable and trustworthy. The problem today, the team argues, is that models get very good at finding the right statistic...
Tags: Germany, Tech, Siemens, Global Founders Capital, Cto, Eth Zurich, Zalando, ETH, U S Army, Eran, SBB, Snyk, Martin Vechev, Petar Tsankov, Tsankov, Vechev

A 'Debilitating' Shortage of Computer Chips is Closing Auto Factories Worldwide

"American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall," reports Bloomberg: The American Automotive Policy Council — a lobbying organization for General Motors Co., Ford Motor Co. and the U.S. operations of Fiat Chrysler Automobiles NV — is agitating with the U.S. Commerce Department and the incoming administration of President-elect Joe Biden to press Asian...
Tags: Mexico, Kentucky, Germany, Tech, Bloomberg, Joe Biden, Canada, Ford, Fiat Chrysler, Fiat Chrysler Automobiles NV, U S Commerce Department, General Motors Co Ford Motor Co, Matt Blunt, AAPC, American Automotive Policy Council

After 2 Years on Mars, NASA's Digger Declared Dead

"NASA declared the Mars digger dead Thursday after failing to burrow deep into the red planet to take its temperature," reports the Associated Press: Scientists in Germany spent two years trying to get their heat probe, dubbed the mole, to drill into the Martian crust. But the 16-inch-long (40-centimeter) device that is part of NASA's InSight lander couldn't gain enough friction in the red dirt. It was supposed to bury 16 feet (5 meters) into Mars, but only drilled down a couple of feet (about ...
Tags: Germany, Tech, Nasa, Associated Press, Mars, German Space Agency, Tilman Spohn

Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M

Desktop Metal this morning announced its intention to purchase fellow 3D printing company EnvisionTEC. Founded in Germany in 2002, EnvisionTEC specializes in photopolymer additive manufacturing, putting its technology in more direct competition with the likes of 3D printing darling Carbon than Desktop Metal’s own existing portfolio. The deal follows Desktop Metal’s push to go public last August as part of a growing trend of SPAC mergers. Prior to this, the company had raised no shortage of its o...
Tags: Hardware, Germany, Tech, 3d Printing, Ford, M&a, Mergers and Acquisitions, SPAC, Desktop Metal, Ric Fulop, Smile Direct Club, EnvisionTEC, Hasbro Fulop

Corporate credit card platform Moss raises $25.5 million

German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss provides credit cards and a spending platform to small and medium businesses in Germany. The company has developed its own risk engine to come up with a credit card limit for your company. Like Brex in the U.S., Moss promises higher credit card limits compared to credit cards offered by traditional financial ...
Tags: Fundings & Exits, Startups, Germany, Tech, Global Founders Capital, Mastercard, Moss, Cherry Ventures, Valar Ventures Existing, Like Brex, U S Moss

All the businesses cutting ties with the Trump Organization

President Donald Trump at the White House on November 26, 2020. Erin Schaff - Pool/Getty Images After the insurrection on the Capitol led by a pro-Trump mob, some businesses are severing their ties with the president and the Trump Organization. Several prominent business leaders, including Apple CEO Tim Cook, have spoken out against the riot. Now, some businesses are severing ties with the president and the Trump Organization. Trump made history on Wednesday when he was became the first pr...
Tags: Apple, Google, Facebook, Business, Florida, New York, Washington Post, Senate, White House, Germany, New York City, Trends, Strategy, Bloomberg, Features, Pga

35 of the most powerful women in 2021

Kamala Harris, Jill Biden, and Shonda Rhimes. Tasos Katopodis/JIM WATSON/AFP/George Pimentel/Getty Images From first ladies of the United States to prominent businesswomen and leading figures in the entertainment industry, these women hold great power. On January 20, Senator Kamala Harris will be sworn in as the first female and first Black and South Asian vice president of the United States. Queen Elizabeth II, one of the best-known female leaders in the world and the longest-reigning mon...
Tags: Strategy, Features, Women And Leadership, Women's History Month, Feminism, Women, CDU

Can’t figure out how to end your Amazon Prime sub? These complaints could help…

Amazon’s use of dark patterns that add friction to the process of terminating a Prime subscription is being targeted by 16 consumer rights groups in Europe and the US which are taking coordinated action to urge regulatory intervention. One of them — Norway’s Consumer Council (NCC) — has also published a calling out what it describes as the ecommerce giant’s “manipulative” and “ unreasonably cumbersome” unsubscribe process for Prime. The report has been punningly titled ‘ ‘. “It should be ...
Tags: Google, Amazon, TC, Europe, Germany, US, Tech, Eu, Amazon Prime, Norway, Consumer Protection, Ftc, NCC, Denmark France, Consumer Council NCC, VZBV

Cannes plows ahead in person, and Google pauses political ads, again: Thursday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Sardines in a Cannes Cannes Lions says it’s moving ahead with an in-person event in southern France this June. The annual Festival of Creativity will “take place as usual,” according to the Ascential-owned awards show, despite the rising tide of coronavirus cases around the wo...
Tags: Apple, Google, France, Germany, Advertising, Georgia, United States, New York Times, Times, Donald Trump, Riviera, Cannes, Cnbc, Sephora, Trump, Ascential

Germany’s Xentral nabs $20M led by Sequoia to help online-facing SMBs run back offices better

Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years. Today, one of the more promising startups out of Europe building software to help SMEs run online businesses is announcing some funding to better tap into both the opportunity to build these services, and to meet a growing demand from the SME segment. Xentral, a German startup that develops ente...
Tags: Ecommerce, Europe, Enterprise, Germany, Berlin, Funding, Tech, ERP, Sequoia Capital, Sap, Shopify, Augsburg, Sequoia, Sauter, Amazon EBay, Luciana Lixandru

Digital road freight forwarder Sennder raises $160M Series, plans European expansion

Sennder, a large digital road freight forwarder based out of Germany, has raised $160m in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. To date, Sennder has raised more than $260m, allowing it to lay claim to a potential $1bn valuation. Sennder directly connects enterprise shippers with trucking companies, thus disintermediating the traditional freight model. It says it will move over 1 million truckl...
Tags: TC, Europe, Finance, Germany, Tech, Italy, Siemens, Accel, Lakestar, Robinson, Wincanton, Scania, Sonali De Rycker, Uber Freight, Forto, Poste Italiane

Rapyd raises $300M on a $2.5B valuation to boost its fintech-as-a-service API

A wave of organizations — propelled by global Covid-19 pandemic circumstances — are moving their commercial and financial interactions online, and today one of the big players helping to enable that shift is announcing a significant round of growth funding to expand the tools and services that provides to them. Rapyd, which provides an API-based “fintech-as-a-service” platform covering payments, banking services, fraud protection and more, has raised $300 million, funding that CEO and co-founder...
Tags: TC, Germany, Tech, Italy, Mambu, Arik, Entree Capital, Coatue, Temenos, Kris Fredrickson, Thought Machine, Rapyd, Arik Shtilman, Shtilman, Spark Capital Avid Ventures FJ Labs

YouTube puts a temporary freeze on uploads to Trump’s channel

YouTube has been the slowest of the big social media platforms to react to the threat of letting president Trump continue to use its platform as a megaphone to whip up insurrection in the wake of the attack on the US capital last week. But it’s now applied a temporary upload ban. In a short Twitter thread today, the Google-owned service said it had removed new content uploaded to Trump’s YouTube channel “in light of concerns about the ongoing potential violence”. It also said it’s applied a firs...
Tags: Google, Social, Facebook, Europe, UK, Youtube, Washington, Germany, Angela Merkel, Censorship, US, Tech, Policy, Gop, Nancy Pelosi, Rupert Murdoch

App stores saw record 218 billion downloads in 2020, consumer spend of $143 billion

Mobile adoption continued to grow in 2020, in part due to the market forces of the COVID-19 pandemic. According to App Annie’s annual “State of Mobile” industry report, mobile app downloads grew by 7% year-over-year to a record 218 billion in 2020. Meanwhile, consumer spending grew by 20% to also hit a new milestone of $143 billion, led by markets that included China, the United States, Japan, South Korea and the United Kingdom. Consumers also spent 3.5 trillion minutes using apps on Android dev...
Tags: Google, Amazon, Android, Facebook, Apps, Messenger, South Korea, Spotify, Japan, The Weather Channel, Pinterest, Instagram, Indonesia, Youtube, France, China

Sono Motors plans to license the tech that powers its solar electric car

Sono Motors wants to bring technology it developed for its solar electric car to the masses. And it’s starting with autonomous shuttle startup EasyMile. The German-based startup said Tuesday during a presentation at the virtual 2021 CES tech trade show that it will license its solar body panel technology to other companies. EasyMile, which provides electric autonomous shuttle buses to governments, universities and other companies, will be the first to integrate the solar body panels onto its veh...
Tags: TC, Transportation, Germany, Tech, Ces, Munich, Automotive, Sion, Ramakrishnan, Hahn, Sono Motors, Laurin Hahn, CES 2021, Arun Ramakrishnan

Australian man arrested in Germany over 'world's largest' darknet marketplace

Police arrest 34-year-old suspected of operating site selling drugs, credit card data and malwareA German-led police sting has taken down the “world’s largest” darknet marketplace, whose Australian alleged operator used it to facilitate the sale of drugs, stolen credit card data and malware, prosecutors said Tuesday.At the time of its closure, DarkMarket had nearly 500,000 users and more than 2,400 vendors worldwide, as the coronavirus pandemic leads much of the street trade in narcotics to go o...
Tags: Europe, Technology, Germany, World news, Australia news, Cybercrime, Darknet

German Investigators Shut Down Biggest Illegal Marketplace On the Darknet

An anonymous reader quotes a report from The Associated Press: German prosecutors said Tuesday that they have taken down what they believe was the biggest illegal marketplace on the darknet and arrested its suspected operator. The site, known as DarkMarket, was shut down on Monday, prosecutors in the southwestern city of Koblenz said. All sorts of drugs, forged money, stolen or forged credit cards, anonymous mobile phone SIM cards and malware were among the things offered for sale there, they ad...
Tags: Germany, Tech, Ukraine, Nato, Associated Press, Moldova, Koblenz

Jeff Bezos just turned 57. Here's how he built Amazon into a $1.56 trillion company and became the world's richest person.

Amazon founder and CEO Jeff Bezos. David Ryder/Getty Images Amazon CEO Jeff Bezos is turning 57 on Tuesday. Bezos launched Amazon in 1995. The company has since grown to one of the most valuable, powerful companies on the planet with a market value of $1.56 trillion.  Bezos has gone from a New York hedge-funder to the richest man in the world, but in the process, he's weathered a high-profile divorce and hacking scandal, faced antitrust scrutiny from lawmakers, and everything in between.  ...
Tags: Google, Amazon, Spacex, Elon Musk, New York, Texas, Microsoft, Congress, Washington Post, Washington, Life, Germany, India, New York City, US, America

Trump's Twitter Ban Prompts Outcry From Germany and France

Donald Trump received unexpected backing from Germany and France after the U.S. president was shut off social media platforms including Twitter and Facebook, extending Europe's battle with big tech. From a report: German Chancellor Angela Merkel objected to the decisions, saying on Monday that lawmakers should set the rules governing free speech and not private tech companies. "The chancellor sees the complete closing down of the account of an elected president as problematic," Steffen Seibert, ...
Tags: Facebook, Europe, France, Germany, Angela Merkel, Berlin, Tech, Donald Trump, Trump, U S, Steffen Seibert, Bruno Le Maire

PGA dumps Trump, and Ad Age reveals Best Places to Work: Monday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. PGA dumps Trump Good morning, and welcome to another week of political upheaval, in which brands and organizations will continue to question whether to distance themselves from President Trump in the wake of last week’s vi...
Tags: Apple, Google, Amazon, California, Germany, Advertising, Alabama, Los Angeles, General Motors, Joe Biden, Vw, Ford, New York Times, PGA of America, Delta, Marriott

Squelched by Twitter, Trump seeks new online megaphone

By FRANK BAJAK BOSTON (AP) — One Twitter wag joked about lights flickering on and off at the White House being Donald Trump signaling to his followers in Morse code after Twitter and Facebook squelched the president for inciting rebellion. Though deprived of his big online megaphones, Trump does have alternative options of much smaller reach, led by the far right-friendly Parler — even if Google removed it from its app store Friday and Apple threatened the same. Trump may launch his own platform...
Tags: Apple, Health, Google, Facebook, Twitter, Business, Technology, Media, Instagram, Congress, Youtube, Washington, White House, China, Germany, Boston

Apple Watch May Display Incorrect Altitude Readings in Unusual Weather Conditions

The Apple Watch Series 6 and Apple Watch SE may give incorrect altitude readings in unusual weather conditions, as noted by The ‌Apple Watch Series 6‌ and ‌Apple Watch SE‌ feature a next-generation always-on altimeter to provide real-time elevation information. Apple says that its updated altimeter cross-references information from GPS and nearby Wi-Fi networks to detect even the smallest changes in elevation above ground level, up and down to the measurement of 1 foot. How...
Tags: Apple, Germany, Apple Watch, Apple Watch SE

Animation Pioneer Lotte Reiniger Adapts Mozart’s The Magic Flute into an All-Silhouette Short Film (1935) When Lotte Reiniger began making animation in the late 1910s, her work looked like nothing that had ever been shot on film. In fact, it also resembles nothing else achieved in the realm of cinema in the century since. Even the enormously budgeted and staffed productions of major studios have yet to replicate the stark, quavering charm of her silhouette animations. Those studios do know full well, however, what Reiniger realized long before: tha...
Tags: Google, Facebook, Music, Indonesia, College, Germany, History, Animation, Seoul, Mozart, Gretel, Wolfgang Amadeus Mozart, Facebook Twitter, Eastern, Colin Marshall, Papageno

Electric cars rise to record 54% market share in Norway

Nordic country becomes first in the world where electric car sales outstrip those powered by other meansNorway became the first country in the world where the sale of electric cars has overtaken those powered by petrol, diesel and hybrid engines last year, with German carmaker Volkswagen replacing Tesla as the top battery-vehicle producer, new data has showed.Battery electric vehicles (BEVs) made up 54.3% of all new cars sold in the Nordic country in 2020, a global record, up from 42.4% in 2019 ...
Tags: Europe, Business, Technology, Germany, Environment, Tesla, World news, Greenhouse Gas Emissions, Travel and transport, Automotive Industry, Motoring, Norway, Road transport, Volkswagen, Electric, Hybrid And Low-emission Cars

'He's a risk-taker': Germans divided over Elon Musk's new GigaFactory

The Tesla project will put Grünheide on the map, but some say it is doing ‘irreversible’ harm to the environmentFor the past 10 months, Silas Heineken has been flying a drone over one of Germany’s biggest building sites and posting the images on YouTube.The 14-year-old self-named “Tesla Kid” has built a significant following, as tens of thousands tune in each week to see the latest developments in Elon Musk’s GigaFactory as it emerges at speed from the sandy ground of Brandenburg, south-east of ...
Tags: Europe, Business, Elon Musk, Technology, Germany, Berlin, Environment, Tesla, World news, Deforestation, Automotive Industry, Electric, Hybrid And Low-emission Cars, Brandenburg, Silas Heineken

From Zoom to Quibi, the tech winners and losers of 2020

By Barbara Ortutay and Mae Anderson | The Associated Press We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. When it comes to technology, 2020 was a year like no other. Here are the year’s tech winners and losers: LOSERS Virtual Reality: As the world adjusted to a new stuck-at-home reality, the pandemic could have been virtual reality’s chance to offer an escape. With the use of specia...
Tags: Apple, Google, Amazon, Facebook, Lyft, Hollywood, Microsoft, California, Germany, India, Walmart, Sport, Joe Biden, Soccer, Nintendo, Donald Trump

From the US to China, Korea, India and Europe, antitrust action against tech is gaining serious momentum

After decades of global expansion and consolidation in the tech sector, antitrust is now a headline issue for the industry across the world. What has been a slow and sputtering series of disparate actions over the past decade has coalesced in just the past few weeks into a rapid and comprehensive series of actions against the industry, with the United States being a notable laggard worldwide. Nowhere are these actions more prominent than in China, where the competition authorities have — after m...
Tags: Google, Facebook, Asia, Europe, Instagram, Microsoft, Congress, Government, China, Germany, India, US, Tech, Policy, Beijing, United States

From the U.S. to China, Korea, India and Europe, antitrust action against tech is gaining serious momentum

After decades of global expansion and consolidation in the tech sector, antitrust is now a headline issue for the industry across the world. What has been a slow and sputtering series of disparate actions over the past decade has coalesced in just the past few weeks into a rapid and comprehensive series of actions against the industry, with the United States being a notable laggard worldwide. Nowhere are these actions more prominent than in China, where the competition authorities have — after m...
Tags: Google, Facebook, Asia, Europe, Instagram, Microsoft, Congress, Government, China, Germany, India, Tech, Policy, Beijing, United States, Alibaba

VW’s prototype robot is designed to offer full-service charging for electric vehicles

Volkswagen Group has developed a mobile electric vehicle charger that can autonomously navigate parking areas, power up an EV and then make its way back to its outpost without the intervention of humans. The prototype, which VW Group Components created, aims to showcase how the automaker will expand charging infrastructure over the next few years to meet the expected demand that will arise as it produces and sells more electric vehicles. VW Group has committed to launching dozens of electric mod...
Tags: Transportation, Germany, Tech, Tesla, Automotive, Vw, Volkswagen, Dc, Electric Cars, Volkswagen Group, VW Group, Schmall, Volkswagen Group Components, Thomas Schmall, VW Group Components

show more filters
November - 2020
December - 2020
January - 2021