Germany

Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
January 26, 2023  |  Security & Fraud

A global ransomware group has been shut down by American, German and Dutch authorities. The U.S. Justice Department said in a Thursday (Jan. 26) press...

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FINN Launches B2B Car Subscription Service in US 
FINN Launches B2B Car Subscription Service in US 
January 26, 2023  |  Subscription Commerce

FINN has launched its car subscription service for businesses in the United States. This business-to-business (B2B) service, which is already offered in Germany, allows businesses...

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Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
January 26, 2023  |  Security & Fraud

Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying...

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German Antitrust Investigation Highlights PayPal Merchant Fees
German Antitrust Investigation Highlights PayPal Merchant Fees
January 24, 2023  |  ANTITRUST

The German competition watchdog has announced antitrust investigations against PayPal. In a statement on Monday (Jan. 23), the Bundeskartellamt (BKartA) said it is probing the...

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Germany’s Paid Training Leave Attempts to Plug Digital Skills Gap
Germany’s Paid Training Leave Attempts to Plug Digital Skills Gap
January 19, 2023  |  Connected Economy

The German government wants to introduce paid leave for employees to undergo training. In comments widely reported in the German media, Labor Minister Hubertus Heil...

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N26 Launches Crypto Trading in 5 European Countries
N26 Launches Crypto Trading in 5 European Countries
January 17, 2023  |  Cryptocurrency

The German neobank N26 has launched its crypto trading service in five new markets. Following an initial launch in Austria last October, the company announced...

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Germany’s Translation Tech Firm DeepL Becomes Latest AI Unicorn
Germany’s Translation Tech Firm DeepL Becomes Latest AI Unicorn
January 12, 2023  |  Investments

German startup DeepL reached a 1 billion euro ($1.085 billion) valuation following its latest funding round. Although the total amount raised has not been disclosed,...

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Autonomous Delivery Gets Boost From Pilots in France and Germany
Autonomous Delivery Gets Boost From Pilots in France and Germany
January 10, 2023  |  Delivery

European retailers and tech companies are moving ahead with the development of autonomous delivery vehicles. While small delivery robots that stick to sidewalks have been...

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German Neobank Ruuky Files for Insolvency
German Neobank Ruuky Files for Insolvency
January 09, 2023  |  Digital-First Banking

The German neobank Ruuky announced it has filed for bankruptcy after less than three years in operation. In a LinkedIn post Monday (Jan. 9), the Hamburg-based...

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