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The Latest Breaking News from Christian Klein

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.

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

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.

European tech leaders speak out against new EU Data Act

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.

From analysis to the latest developments in health,
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Morning Brief: Top Financial Stories Dominating on Friday, May 6

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

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,

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

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

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…

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

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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