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The Latest Breaking News from Christian Klein

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.

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

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

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

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

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.

From analysis to the latest developments in health,
read the most diverse news in one place.

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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.

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”.

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

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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.

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

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 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

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

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…

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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