Germany
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 ...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...