Intel and German authorities nearing deal on €9.9B subsidy
Intel and the German government are close to a deal on additional funding for the tech giant's local facility. The German newspaper Handelsblatt has reported that the final round of negotiations is underway.
After months of negotiations, the German federal government is about to increase state f... Read more
Germany refuses additional subsidy for new Intel plant
The German government has refused an additional 10 billion euro subsidy request by Intel. It wishes to build a new chip factory in Magdeburg.
In an interview with the Financial Times, German Finance Minister Christian Lindner indicated that there was no extra budget for an additional 10 billion ... Read more
German antitrust watchdog: “insufficient transparency” in online ads
Google has an unfair market advantage in behavioural advertising, according to the German competition authority.
This week Germany's antitrust regulator, the Bundeskartellamt (Federal Cartel Office) announced that it had published the final report on its sector inquiry into non-search online adv... Read more
‘German IT services company Bitmarck knocked offline by cyberattack’
The German IT services company Bitmarck has been feeling the effects of a cyberattack. Its internal systems remain out of action as it struggles to bring them back online, SiliconANGLE reports.
Bismarck is a leading provider of outsourced IT services to the German healthcare industry. The cybera... Read more
‘Germany pushes Intel to spend more on its €17 billion chip fab’
Berlin dangles greater subsidies if chipmaker agrees to increase its investment in the Magdeburg facility.
Germany is pushing Intel to expand its plans for a proposed chip plant in exchange for higher subsidies, according to a report in the Financial Times. The €17 billion is already set to be... Read more
US tech giants find it hard to lay off European workers
The American policy of "hire and fire" is simply not allowed under some European labour laws.
After announcing massive rounds of layoffs, US tech companies like Amazon and Google are struggling to reduce staff in places like Germany and France, according to Bloomberg.
In the highly volatile U... Read more
Germany wants to examine Deutsche Telekom’s Huawei pact
The country's Interior Minister expressed "concern" over the close ties between Huawei and Deutsche Telekom.
This week Germany's Interior Minister said she is concerned about the close ties between Deutsche Telekom and the Chinese company Huawei. Minister Nancy Faeser told the Handelsblatt newsp... Read more
TSMC wants to profit from the European Chips Act
The Taiwanese chip making giant wants to take advantage of the EU's recent European Chips Act.
This week Reuters reported that talks between the Taiwanese Semiconductor Manufacturing Company (TSMC) and the German state of Saxony about building a new factory are at "an advanced stage", but are no... Read more
German states balk at letting police use Palantir technology
Bad memories of state overreach plus recent court rulings make some states rethink using the software.
Some state governments in Germany are rethinking how their police forces use software made by Palantir, according to a report in the Financial Times. The concern stems from privacy concerns and... Read more
Intel squeezes Germany for €5 billion more in subsidies
The US chip maker is determined to grab the most benefits possible from the EU's Chips Act.
This week Bloomberg reported that Intel is seeking to obtain more than 5 billion euros in public funds from Germany to subsidize their building a massive semiconductor plant in that country.
Officials... Read more