Uber buys out Aspex stake in Delivery Hero
Uber Technologies bought out Aspex Management’s shares of Delivery Hero SE, boosting its stake to 36.83% as the ride-hailing company negotiates a deal to buy the German food-delivery platform.
Uber raised its voting rights attached to shares to...
The German Internet billionaire that lives in a small SA town
Jan Henric Buettner, an ultra-wealthy German Internet entrepreneur who made his fortune in telecommunications and digital media, now lives in Wilderness, a crown jewel of the Garden Route.
Born in Hamburg in 1964, Buettner completed...
https://news.sky.com/story/munich-latest-major-police-operation-after-car-drives-into-crowd-in-german-city-13308334
The article above is a live thread. It's updated as new info comes out.
German far right hails 'historic' election victory in east
Germany's anti-immigration Alternative for Germany (AfD) is celebrating a "historic success", with a big victory for the far-right party in the eastern state of Thuringia.
The AfD won almost a third of the vote, nine points ahead of...
Major SAP restructuring will affect 8,000 staff
SAP SE is planning a restructuring that will affect about 8,000 jobs and increase the German software maker’s focus on artificial intelligence.
The company projected that operating profit would rise to roughly €10 billion (R206.62 billion) next...
Remote-driven car service launched in Las Vegas
German startup Vay has launched a remotely driven car service in Las Vegas after years of developing and testing the technology as an intermediate step toward full autonomy.
Vay’s offering involves humans remote-controlling cars — Vay calls them...
I wanted to share experiences, good and bad, of moving to Germany (now 6 months later) for anyone who might be interested. These are my experiences and, obviously, it will differ from others. Germany is pushing to bring in more skilled workers.
Background info: I work in tech, was middle class...
Tesla still destroying German automakers in EV sales
Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance.
Instead, they’re only falling further behind.
[Bloomberg]
Big visa mess could cost SA 100,000 jobs, German businesses warn
The gridlock affecting work-permit applications in South Africa is limiting expansion by German companies in the country and threatening operations that support 100,000 jobs, an industry association said.
While South Africa is...
Meta loses EU data protection case
Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in on the US tech firm’s power to cash-in on a vast trove of users’ data.
The EU’s Court of Justice ruled that Germany’s Federal Cartel Office didn’t...
data collection
european union (eu)
facebook
general data protection regulation (gdpr)
germany
meta platforms
online privacy
personal data
private data
SA and Germany in green hydrogen pact
South Africa and Germany signed an agreement to create a task force that will help Africa’s most industrialised nation create projects that are able to meet international demand for green hydrogen.
The joint declaration of intent signed virtually on...
Arrest warrant issued for Markus Jooste in Germany
A German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff International Holdings NV, after he failed to show up for trial in the country.
The Regional Court of Oldenburg...