Thursday, March 28

Tag: Germany

Germany becomes first country to phase out coal and nuclear
News

Germany becomes first country to phase out coal and nuclear

Berlin, Jul 7, 2020: German lawmakers have finalized the country's long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn't ambitious enough and free marketeers criticize as a waste of taxpayer's money. Bills approved by both houses of parliament Friday envision shutting down the last coal-fired power plant by 2038 and spending some 40 billion euros ($45 billion) to help affected regions cope with the transition. The plan is part of Germany's ''energy transition'' an effort to wean Europe's biggest economy off planet-warming fossil fuels and generate all of the country's considerable energy needs from renewable sources. Achieving that goal is made harder than in comparable countries such as France and Britain because of Germany's exis...
German Personal Care brand Creme 21 Acquired for Euro 11-12 million
ACQUISITION

German Personal Care brand Creme 21 Acquired for Euro 11-12 million

A leading German personal care brand, Creme 21 was acquired by an Indian FMCG Emami for 11-12 million euro. This is the first international acquisition of this size in this segment by Indian FMCG Emami. We had acquired a small company earlier. The brand has been acquired at around 11-12 million euro of little less than 1.5 times of sales of 8 million euro," Emami director Harsha V Agarwal said. "This international acquisition will add to about 15 per cent of total overseas revenues and is in line with the companys strategy for growth through inorganic route," he said. Creme 21 will help to expand Emami's international business which is primarily dependent on personal care. In the personal care segment alone Emami total business accounts for 70 percent in India. Creme 21 has a...
Amazon Partners Apple to Sell New Devices in India & other markets
BUSINESS

Amazon Partners Apple to Sell New Devices in India & other markets

Amazon has struck a deal with Apple to directly start selling more Apple products in India and other markets like United States, United Kingdom, France, Germany and Japan among others. In the coming weeks, Amazon will start offering the latest editions of Apple's iPhone, iPad and other devices like Beats headphones in these markets. The online retail giant will however not offer Apple's HomePod smart speaker, that directly competes with Amazon Echo. CNET was first to report this deal. "We're working with Amazon to improve the experience for Apple customers on their site and we look forward to those customers having another great way to buy iPhone, iPad, Apple Watch, Mac and more," Apple said in a statement. Apple had earlier struck a deal with Amazon rival Flipkart and Infibeam to...
Amazon Launches Alexa for Windows 10 on the Microsoft Store
Tech

Amazon Launches Alexa for Windows 10 on the Microsoft Store

The retail giant Amazon has launched an Alexa app for Windows 10 computers on the Microsoft Store. Under this, the voice application will allow the PC owners to speak to Alexa to set reminders, timers, alarms; create lists and to-dos; track their calendar appointments; get news, weather and other information; play music; listen to podcasts and audiobooks; control the smart home, and much more. Very close to the Alexa app for mobile devices, through the Windows 10 app, you can use Alexa when you’re traveling for access to content and information, as well as to do things like lock your doors or check your security cameras. Along with this, the app also offers access to tens of thousands of Alexa skills. But, some features including video, communications, Spotify and Pandora will not be...
Germany-based E-Scooter Startup Raises $12 million from Ponooc
FUNDING

Germany-based E-Scooter Startup Raises $12 million from Ponooc

Germany-based startup Unu has secured an amount of $12 million in a financing round. This particular round was led by Ponooc. The round also saw participation from existing backers like Capnamic Ventures, Iris Capital, Michael Baum and NRW.BANK. With this, the company is planning to to release a second generation of its product, however, it hasn’t disclosed much yet. Unu is working on connected vehicles so that Unu could work with scooter-sharing services. The company is basically concerned with been building electric scooters and is working on new products and services. For the past five years, Unu has sold 10,000 scooters. The company is one of the most popular and successful European manufacturers of electric vehicles with Govecs, BMW and others. In comparison with electric car...
Germany Bans Children’s Smartwatches For Security Issues, A Greater Concern
News

Germany Bans Children’s Smartwatches For Security Issues, A Greater Concern

German telecom regulator Federal Network Agency (Bundesnetzagentur) has banned the sale of smartwatches that aim at children, accusing them of being spy devices. These smartphone apps may allow privacy invasion, which is one of the greatest threat to the world right now. People have started using their smartphones to store sensitive information, hence the security of such information should be promised. The telecom regulator had previously banned an internet-connected doll called My Friend Cayla for similar reasons. Some experts think that this decision could be a "game-changer" for internet-connected devices. "Poorly secured smart devices often allow for privacy invasion. That is really concerning when it comes to kids' GPS tracking watches - the very watches that are suppose...
Axel & Boris from Germany – The First Yessspreneurs Ready To Conquering the Indian market
Story

Axel & Boris from Germany – The First Yessspreneurs Ready To Conquering the Indian market

Born and raised in Germany, Axel & Boris grew up together and started their first IT company together in 1997 and were since then involved in technology and energy projects. They also creators of the Yesss Spirit, a powerful way to be energetic and positive every day - doesn't matter what's going on in life.  Axel & Boris consider themselves as explorers, seeking for amazing people, new innovative ideas and discoveries worldwide. They founded Yesss CAPITAL to invest in technology, energy, and entertainment startups from India & Europe. Yesss CAPITAL was born out of their passion for innovations and the recognition that synergies do exist between diverse sectors, companies, & humans, and their growth can be greatly enhanced if their efforts are synchronized. The strate...
German Court Fined Facebook 100,000 Euros
News

German Court Fined Facebook 100,000 Euros

A German court has fined a social networking giant Facebook for refusing to follow an order of adequately informing users about how it was using their intellectual property. The court fined Facebook 100,000 euros (USD109,000). A spokesperson for Facebook, however, said that the problem was with the timing rather than the message. "We complied with the order to clarify a single provision in our terms concerning an IP license a while ago. The court felt we did not update our terms quickly enough and has issued a fine, which we will pay," a Facebook spokesperson said. The Berlin regional court ruled that Facebook had not adequately changed the wording of a clause on intellectual property in its terms and conditions after a complaint was filed by the Federation of German Consumer O...