SAP

SAP Surpasses Profit Expectations Despite Cloud Revenue Shortfall

29 days ago

German software giant SAP SE has released its latest financial results, surprising analysts and investors with a profit that exceeded expectations, despite reporting a slight shortfall in cloud revenue. The company's results for the first quarter of 2025 have intensified discussions regarding the ongoing transition from traditional software licensing to cloud-based solutions.

Mark Zuckerberg Faces Congress Over Controversial Instagram and WhatsApp Deals

1 month ago

In a critical day for Meta Platforms Inc., CEO Mark Zuckerberg appeared before Congress to address a series of contentious email communications centered around the company's acquisitions of Instagram and WhatsApp. Lawmakers are scrutinizing the implications these deals have had on competition and user privacy in the tech landscape. The testimony comes amid growing concerns about the monopoly power of major tech firms.

Meta's Legal Showdown: The FTC Pushes for Instagram and WhatsApp Breakup

1 month ago

In a pivotal moment for Meta, the tech giant is gearing up to face a trial conducted by the Federal Trade Commission (FTC) as tensions escalate over antitrust concerns surrounding its flagship platforms, Instagram and WhatsApp. The impending legal battle puts the very future of these widely-used applications at risk, with the possibility of a forced breakup looming large.

Cerebras Secures U.S. Approval for UAE Collaboration Ahead of IPO

2 months ago

Cerebras Systems Inc., the innovative chipmaker known for its advancements in artificial intelligence hardware, announced that it has received crucial approval from the U.S. government to establish ties with the United Arab Emirates (UAE). This development comes just as the company gears up for a highly anticipated initial public offering (IPO), heightening its profile on the global tech stage.

SAP CEO Reaps Unprecedented $19 Million Compensation Amid AI Surge

3 months ago

In a shocking turn of events in the corporate world, SAP's CEO, Christian Klein, has recorded an astonishing payday of $19 million, a financial milestone that has drawn significant attention amid the current boom in artificial intelligence (AI). This remarkable compensation package not only underscores Klein's pivotal role in steering SAP through transformative times but also highlights the broader implications of AI advancements on executive pay structures in leading tech companies.

🔄 TikTok Reclaims Its Spot in U.S. App Stores After Turbulent Times

3 months ago

In a significant turnaround, TikTok has officially reappeared in U.S. app stores, marking the end of weeks of uncertainty surrounding its availability. The app's comeback follows a series of anxious moments for its millions of users, as both the platform and its loyal audience grappled with the prospect of a ban imposed by state officials and legal battles that threatened to disrupt its operations.

WhatsApp Confronts Stricter EU Regulations Amidst Surge in Monthly Users

3 months ago

WhatsApp, the popular messaging platform owned by Meta, is facing a new wave of regulatory challenges as it experiences substantial growth, with over 45 million monthly active users across Europe. This increase in user engagement comes at a time when the European Union is implementing tougher privacy and data protection measures, raising significant concerns for the app's operations.

WhatsApp Uncovers Attempted Hacks on Journalists Using Paragon Spyware

4 months ago

In a startling revelation, WhatsApp has disclosed that sophisticated spyware known as “Paragon” has been utilized in attempts to infiltrate the accounts of journalists and other individuals. This development raises significant concerns over privacy and security for those in the media who often face threats to their digital safety.

Former SAP CTO Resolves Investigation into Misconduct Allegations

4 months ago

In a significant development within the tech industry, the former Chief Technology Officer of SAP, Juergen Mueller, has reached a settlement concerning claims of inappropriate conduct that surfaced during an internal investigation. The allegations, which initially came to light several months ago, have raised considerable concerns regarding workplace ethics and accountability in corporate environments.

SAP Surpasses Cloud Growth Expectations Driven by Rising Demand for AI Solutions

4 months ago

In a remarkable demonstration of its market resilience, SAP SE has reported impressive growth within its cloud services, significantly outpacing analysts' predictions. As businesses increasingly seek sophisticated artificial intelligence (AI) capabilities, SAP has capitalized on this momentum, signaling strong demand for its innovative offerings.