Germany

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

Germany’s trillion-euro savings banks mull crypto wallet

Germany’s savings banks, a conservative bastion that holds more than 1 trillion euros for thrifty Germans, is looking into offering a wallet to trade cryptocurrency, a group ...

Platform News: Binance

Binance affiliate says will withdraw Singapore licence application

The Singapore affiliate of Binance, one of the world’s largest cryptocurrency exchanges, said in a statement it will withdraw its local license application and wind down its ...

Security

German cybersecurity watchdog issues red alert warning on software

Germany’s federal cybersecurity watchdog, the BSI, on Saturday issued a red alert warning, its highest, on a flawed piece of widely-used software, saying it posed an “e...

Platform News: Spotify music streaming app based out of Sweden

Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada

Spotify Technology is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase revenue from custo...

Facebook

Facebook cracks down on German anti-COVID restrictions group over ‘social harm’

Facebook has removed a network of accounts linked to an anti-COVID restrictions movement in Germany as it announced a new crackdown on coordinated campaigns of real users that caus...

Platform News: T-mobile

Softbank agrees strategic share swap pact with Deutsche Telekom

Deutsche Telekom has struck a share-swap deal with Softbank Group to increase its stake in US unit T-Mobile and sold its Dutch unit in a major restructuring that strengthens the Ge...

Roku television aggregator

TV aggregator Roku to launch its players in Germany

Television aggregator Roku has said it would launch its streaming players in Germany later this year, seeking to capitalize on a pandemic-driven shift towards watching more VOD (vi...

Platform News: Google

US trade judge finds Google infringed five Sonos patents

A US trade judge has ruled that Alphabet Inc’s Google infringed five patents belonging to Sonos Inc that concern smart speakers and related technology, a decision that could ...

Google Cloud

Banks take steps to reduce potential cloud computing risks, Google survey

Banks are taking steps to mitigate risks from their increasing use of external cloud computing services, a survey by Harris Poll and Google Cloud has said.

Platform Industry: Delivery Hero app

Germany’s Delivery Hero takes 5.1% stake in rival Deliveroo

Germany’s Delivery Hero has taken a 5.09% stake in online food delivery rival Deliveroo, driving the British company’s share price to its highest since listing on the s...

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...

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