German software giant SAP said Tuesday it would slash around 3,000 jobs as it launches a mammoth cost-cutting programme against a background of stagnant profits.
US appeals court on Friday ruled that Oracle be given a choice between $356.7 million or a new trial for its copyright lawsuit against German rival SAP.
When German software giant SAP said last month it plans to employ hundreds of autistic people as IT experts, the news was welcomed especially at a small Berlin computer consulting firm.
German tech company SAP said on Tuesday it wants to hire hundreds of people with autism to work as software testers and programmers. The search has, it said, begun for people “who think differently from others.”
It was like King Kong versus Godzilla - two of the world's richest men have got into a billionaire brawl over whether Bill Gates tried to dupe SAP founder Hasso Plattner into giving away half his fortune.
One of Germany's wealthiest men, SAP founder Hasso Plattner, has promised to give away half of his €5-billion fortune to good causes. The pledge makes him the first German to join a initiative started by Warren Buffett and Bill Gates.
German software maker SAP is taking steps into the electric car market. The company is developing programs to manage emission-free corporate fleets and will add electric vehicles to its own group of company cars.
SAP, the professional software giant, posted on Wednesday a third quarter net profit of €501 million ($690 million), a gain of 12 percent from the same period a year earlier.
Shares in German-based SAP, the world's largest professional software group, slumped Monday after the company said Leo Apotheker would step down as chief executive officer to be replaced by two company insiders.
A man accused of trying to blackmail German billionaire Dietmar Hopp for more than €5 million was handed a prison sentence of almost four years on Wednesday by a Heidelberg district court.
A man accused of trying to blackmail billionaire Dietmar Hopp for more than €5 million will face court this week, after a classic Hollywood-style sting conducted in top secret.
With an eye towards possible acquisitions, Europe’s biggest software firm SAP is on the verge of a substantial “wave of growth,” company CEO Léo Apotheker said on Tuesday in Berlin.
The world leader in business software, German IT giant SAP, said Monday that it had dropped its 2008 financial targets because of the uncertain economic environment.
German software giant SAP said Wednesday that first quarter net profit fell 22 percent and disappointed investors as it delayed the launch of a new product for small- and medium-sized enterprises.
