Douglas Busvine

Explainer: Betting on the past? Europe decides on connected car standards

18 Apr 2019

FRANKFURT The European Commission's push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany's Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision.

Bidding picks up again in Germany's 5G mobile spectrum auction

04 Apr 2019

FRANKFURT Bidding has accelerated again in Germany's auction of frequencies for next-generation 5G mobile networks, reducing chances that the four companies taking part will bag spectrum at bargain prices.

German mobile challenger Drillisch would sacrifice dividend for 5G bid

28 Mar 2019

FRANKFURT Internet billionaire Ralf Dommermuth said on Thursday he wanted to seize the chance to become Germany's fourth mobile network operator, but was prepared to walk away if the cost turns out to be prohibitive.

Infineon cuts sales forecast again on weak China car market

27 Mar 2019

FRANKFURT German chipmaker Infineon cut its 2019 revenue forecast on Wednesday for the second time in as many months, pointing to a weakening Chinese car market, the world's largest, which it supplies.

UPDATE 3-Infineon cuts sales forecast again on weak China car market

27 Mar 2019

* Shares fall to lowest in almost 3 months (Adds CEO quote, link to rival chipmakers)

Wirecard shares soar after law firm clears head office of wrongdoing

26 Mar 2019

FRANKFURT Local staff at the Singapore office of Wirecard may have committed crimes but these were not material to the German payment company's financial position, an investigation by an outside law firm has found.

SAP signals cloud intent as it ousts top in-house programmers

20 Mar 2019

FRANKFURT When business software company SAP announced in January it would lay off 4,400 staff, Chief Financial Officer Luka Mucic described the restructuring as a "fitness program" for Europe's most valuable technology firm.

New entrant makes early running in German 5G auction

19 Mar 2019

MAINZ/FRANKFURT Germany's auction of spectrum for 5G mobile networks drew brisk initial bidding on Tuesday with prospective new entrant 1&1 Drillisch submitting bold offers for the frequencies it covets. | Video

Explainer: Germany, at last, launches 5G spectrum auction

19 Mar 2019

MAINZ, Germany Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a decisive role in determining whether Europe's largest economy remains competitive in the digital age. | Video

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