Germany

Platform News: Binance

Crackdown: Crypto exchange Binance unauthorised, says Italian regulator

Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country’s market watchdog has said, joining a string of global regulatory moves ...

Platform Industry News: TikTok smartphone app video streaming

TikTok tells employees to return to office for three days a week

Popular short-video app TikTok has told its employees that some will be offered the option to work remotely for up to two days a week after they return to office, according to an i...

Platform News: Binance

Binance temporarily suspends payments from EU’s SEPA network

Cryptocurrency exchange Binance will temporarily suspend euro bank deposits from one of Europe’s key payments networks, it said in an email sent to users.

Platform News: Social media titan, Facebook

German privacy tsar tells ministries to shut Facebook pages

German government organisations have until the end of the year to close their Facebook pages after the data protection commissioner found the social network had failed to change it...

Platform News: Binance

Britain bans Binance’s UK ops in latest cryptocurrency crackdown

The UK’s financial regulator has said Binance, one of the world’s most prominent cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to...

Platform News: Apple logo

German competition watchdog launches Apple investigation

Apple became the fourth major digital company to face closer scrutiny from Germany’s antitrust watchdog after the cartel office said it had launched an investigation into whe...

Platform News: Amazon packages

Amazon raises minimum pay in Germany to 12 euros per hour

Amazon will guarantee an entry-level wage at its German warehouses of 12 euros (approximately $15) an hour, the company has said in the face of a long-running battle with a top lab...

Platform Industry: Tencent logo at an event

E-brokerage Scalable Capital raises 150 million euros in Tencent-led round

Online brokerage Scalable Capital said on Tuesday it had raised 150 million euros (approximately $183 million) from investors led by China’s Tencent, becoming the latest Germ...

InsurTech player, Wefox

German ‘insurtech’ Wefox raises $650 million at valuation of $3 billion

Digital insurance start-up Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called “insurtech” busine...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Germans, French and Dutch want more say over tech giants’ start-up deals

Draft rules targeted at Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germany, France and the Netherlands...

Platform News: Contentful

Germany’s Contentful explores options including a US IPO

Contentful, a website platform whose customers include Spotify and WeWork, is exploring options including a US IPO that could value it at close to $5 billion, people familiar with ...

Platform Industry: Delivery Hero app

Delivery Hero goes back to its roots with Berlin re-launch

Delivery Hero, the food delivery company that spans over 50 countries, is relaunching operations in its home city of Berlin as a first step towards winning back the German market i...

Platform News: BaFin Germany

German regulator warns Binance over stock tokens

Germany’s financial regulator, BaFin, warned that Binance, one of the world’s largest cryptocurrency exchanges, risked being fined for offering security-tracking tokens...

Germany

German business groups file complaint over Apple privacy settings

Germany’s media, internet and advertising industries have filed an antitrust complaint against Apple Inc, alleging that new iPhone privacy settings represent a market abuse a...

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