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The Latest Breaking News from Christian Klein

CFO of Europe’s most valuable company hopes trade war is a ‘wake-up call’ for the continent

SAP’s finance chief, Dominik Asam, hopes tariffs are a “wake-up call” that can kick-start Europe into building more tech giants.

Fortune

French tech mogul Xavier Niel warns that Europe will be reduced to an ‘abandoned’ continent if it misses this crucial opportunity

Xavier Niel has had a hand in advancing Europe’s tech foothold—like his investment into France’s Mistral AI. Still, he worries Europe will fall behind.

Fortune

Inside The Quantum Computing Crash Triggered By Nvidia CEO — And What His Upcoming 'Quantum Day' May Bring

Quantum computing stocks crashed after Nvidia's CEO comments. Will Nvidia's 'Quantum Day' change the outlook?

Investors Business Daily

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German business leaders say new government must act quickly to rescue stagnant economy

Germany’s businesses have been frustrated by government inaction on the stagnating economy

The Independent UK

DeepSeek AI Is 'Good News' For Enterprise Software, Says SAP CEO

DeepSeek' is 'good news' for enterprise software companies like SAP, the tech giant's CEO said.

Investors Business Daily

This ‘Strong Buy’-Rated Stock Could Be an Underrated Quantum Computing Bet

What makes this enterprise software giant a compelling quantum computing bet?

Barchart

Quantum Computing Further Out In The 'AI Decade,' John Chambers Says

Tech veteran John Chambers agrees with Nvidia and Meta's chief that quantum computing is a longer-term prospect. This is still the AI decade.

Investors Business Daily

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SAP CEO Sees Huge Quantum Computing Impact In 3 To 4 Years

The debate over quantum computing raged for a second week. SAP's CEO said that the technology can have an impact in 3-4 years.

Investors Business Daily

These CEO’s reveal their top festive reads for the year

Whether you're an aspiring entrepreneur, a seasoned C-suite executive or someone simply interested in the craft of leadership, these books are valuable additions to your bookshelf.

Fortune

SAP's CEO says leaders can't solve every problem with technology

Christian Klein started with SAP as an intern. Now he's the CEO. Here's what he learned along the way.

Fortune

French tech mogul Xavier Niel warns that Europe will be reduced to an ‘abandoned’ continent if it misses this crucial opportunity

Xavier Niel has had a hand in advancing Europe's tech foothold—like his investment into France’s Mistral AI. Still, he worries Europe will slip behind.

Fortune

Stock Market Today: Stocks Struggle for Direction as Earnings Roll In

While General Motors stock soared after earnings, GE Aerospace and Verizon slumped.

Kiplinger

How CEO Christian Klein spearheaded SAP's seismic shift to a cloud company

SAP’s share price has doubled since Klein became CEO five years ago. Today he shares his views on reinventing business, the cloud and AI, and reveals the last costume he wore.

Fortune

Thousands more SAP jobs could be hit in company-wide restructuring

SAP had committed to restructuring efforts involving 8,000 workers, but the number could reach 10,000.

TechRadar

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Autosport

Christian Horner: Who is Red Bull team principal, career history and net worth

Christian Horner has been cleared of allegations made against him by a female employee. Horner has denied any wrongdoing over the matter and Red Bull said the “grievance has been dismissed”.

TechRadar

SAP and Microsoft Copilot want to make it easier for your business to hire and train the right workers

Talent acquisition and retention could become a whole lot easier thanks to SAP, Microsoft, and generative AI.

TechRadar

Google Cloud and SAP want to solve your company's biggest AI worries

Google Cloud and SAP are bringing together your data to help you streamline - and build better AI models.

Fortune

European tech leaders speak out against new EU Data Act

Siemens and SAP CEOs say the proposed law, which is meant to boost data-sharing, would threaten trade secrets.

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Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, May 6

Reuters IHG Hotels & Resorts On Way To Recovery As Travel Booms

Benzinga

SAP Battles Gender-Diversity, Harassment Claims

SAP SE ADS (NYSE: SAP) chief Christian Klein failed to impress critics with his response to the lack of gender diversity at a cloud computing event,

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

SAP Plans To Divest Profitable Corporate Learning Software Business: Reuters

German software firm SAP SE ADS (NYSE:SAP) is working with investment bank Moelis & Company (NYSE:MC) to divest its corporate learning software business Litmos, Reuters reports. CEO Christian Klein looks to move towards subscription-driven services and increase cloud-based revenue. The report noted the sale of the profitable California-based Litmos could fetch a valuation of more…

Benzinga

SAP Clocks 11% Revenue In Q1 Growth Backed By Cloud, SAP S/4HANA

SAP SE (NYSE:SAP) reported first-quarter FY22 Non-IFRS revenue growth of 7% year-on-year to €6.81 billion at constant currencies. Total revenue of €7.08 billion improved 11% Y/Y. Cloud revenue increased 25% Y/Y to €2.69 billion at CC. S/4HANA cloud revenue grew 71% Y/Y to €404 million at CC. Software licenses and support revenue declined…

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