The Latest Breaking News from Christian Klein

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.

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

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

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

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

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, 

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

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 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…