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Outside the hall, people grabbed a beer and a bratwurst before taking their seats inside, ignoring calls from the protesters down the road to come and talk. They came for an evening of conversation with the Alternative fur Deutschland (AfD), Germany’s leading far-right party. To one camp, this meeting represented a call for political change; to the other, a risk to German democracy. The AfD has officially tried to distance itself from the reports, saying it was not an official party meeting. But the AfD knows it has a struggle on its hands, as opponents of the party vow to keep protesting.
Persons: Germany’s, Adam, , Chris Stern, Bessin, Lars Hunich, Marlon, Berndt, Hans, Christoph Berndt, he’s, , Chancellor Olaf Scholz, Scholz, Nouripour, Dr Berndt, Hitler, Conspiracy, wouldn’t Organizations: CNN, Adam Sevens, , CNN Coalition of, Green, East Germany –, ” Protesters, Sevens Locations: Brandeburg, Germany, Freienthal, Netherlands, Italy, Berlin, Brandenburg, Potsdam, Brandenburg’s, Frienthal, East Germany, East Germany – Brandenburg, Thuringia, Saxony
Everyone has been waiting for Tim Cook to talk about Apple's foray into AI. The comments come as Apple's Big Tech rivals benefit from their early moves in the technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been a long time coming, but Tim Cook is finally talking about artificial intelligence on his own terms. CEO Satya Nadella described the period as one in which the company "moved from talking about AI to applying AI at scale."
Persons: Tim Cook, , It's, Mark Zuckerberg, Josh Edelson, Satya Nadella, Mark Gurman, John Giannandrea, Craig Federighi, Cook, Christoph Dernbach, Goldman, Mike Ng, We've Organizations: Big Tech, Service, Apple, Apple's Big Tech, , Google, Meta, Microsoft, Amazon, Getty, Vision, Apple Vision Pro, Huawei Locations: AFP, China
Energy prices fell 6.3%, contributing to the drop in inflation in the 20 European Union countries that use the euro currency. Inflation has fallen steadily as the ECB rapidly raised interest rates, the typical antidote to out-of-control price increases. Inflation decreased to 3.1% in Germany, Europe’s biggest economy, down from 3.8% in December and the lowest since June 2021. The decline in inflation has unleashed speculation that the European Central Bank could start cutting interest rates as early as April. And European growth could use a boost.
Persons: Christoph Swonke, Organizations: European Union, Energy, Union, European Central Bank, ECB, DZ Bank, Bank of England, U.S . Federal Reserve Locations: FRANKFURT, Germany, Europe’s, France, Europe, Iranian, Yemen, Africa, Suez, Israel, U.S
Europe narrowly avoids a recession
  + stars: | 2024-01-30 | by ( Anna Cooban | ) edition.cnn.com   time to read: +3 min
London CNN —Europe’s economy avoided ending 2023 in a recession by the narrowest of margins, official data showed Tuesday. In the July-to-September quarter, GDP dipped 0.1%. Europe’s economy has struggled to regain momentum following the pandemic, hamstrung by high inflation and rapid interest rate hikes to combat it. The French economy, Europe’s second-largest, stagnated in the fourth quarter but grew 0.7% over the whole of 2023. He expects the eurozone economy to “flatline” in the first half of 2024 “as the effects of past monetary tightening continue to feed through and fiscal policy becomes more restrictive.”
Persons: , Russia’s, , Christoph Weil, , ” “, Jack Allen, Reynolds, Organizations: London CNN, Gross, Eurostat, Union, EU, , Commerzbank, European Central Bank, Capital Economics, ECB Locations: Ukraine, Europe, Italy, Spain
In recent years, AI software that helps radiologists detect problems or diagnose cancer using mammography has been moving into clinical use. This extra review has enormous potential to improve the detection of suspicious breast masses and lead to earlier diagnoses of breast cancer. With RadNet’s AI tool, “it’s as if all patients get the benefit of our very top performer.”But is the tech analysis worth the extra cost to patients? The health system has developed AI models and is testing the technology with mammograms but doesn’t yet offer it to patients, she said. In the late 1980s and early 1990s, “computer-assisted detection” software promised to improve breast cancer detection.
Persons: , , Etta Pisano, RadNet, Gregory Sorensen, Sorensen, generalists, ” Sorensen, Laura Heacock, NYU Langone Health’s, Heacock, it’s, Constance Lehman, ” Lehman, RadNet’s, Dr, Sanjay Gupta, Christoph Lee, mammography, Robert Smith, ” Smith, Smith, we’re Organizations: Health, American College of Radiology, NYU, Cancer, , National Cancer Institute, FDA, Medicare, Services, CMS, Radiology, Massachusetts General Hospital, Harvard Medical School, Imaging Research, Mass, Get CNN, CNN Health, Screening, Research, University of Washington School of Medicine, American Cancer Society, Kaiser Health, KFF Locations: Manhattan, Baltimore, RadNet, New York, New Jersey, mammograms, Boston, Massachusetts, United States, Europe, Sweden, U.S
Protests of up to 30,000 people have already taken place in cities including Berlin, Leipzig, Rostock, Essen and Cologne. Demonstrators gathered outside the capital’s redbrick town hall on Wednesday holding placards reading “Nazis out” and chanting slogans against far-right AfD politician Björn Höcke. The gathering of AfD members, neo-Nazis and other far-right extremists took place at a lakeside hotel outside the city of Potsdam on November 25. The AfD told CNN that the two “separated with mutual agreement.”However, the idea of a “mass deportation plan” was openly supported by one AfD representative in the state of Brandenberg. Sebastian Christoph Gollnow/picture alliance/dpa/Getty ImagesAsked whether he thought the protests would encourage people to stop voting for the AfD, Abaci was hopeful.
Persons: Björn Höcke, Annalena Baerbock, Olaf Scholz, Sebastian Christoph Gollnow, Correctiv, , Alice Weidel, Roland Hartwig –, René Springer, Christian Dürr, Rika von Gierke, , ” “, , It’s, ” Kazin, ” Chancellor Scholz, Baerbock, Abaci, Scholz, Robert Habeck, Stern, , Nadine Schmidt, Sophie Tanno Organizations: Berlin CNN, Potsdam Sunday, CNN, Free Democrats Party, Locations: Germany, Berlin, Leipzig, Rostock, Essen, Cologne, Potsdam, Brandenberg, Frankfurt, Hamburg, Nazi, Thuringia, Saxony, Brandenburg, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2024 is about the business impact of AI, says Boston Consulting Group CEOChristoph Schweizer, CEO of the Boston Consulting Group, discusses the global economy and attracting a talented workforce.
Persons: Christoph Schweizer Organizations: Boston Consulting, Boston Consulting Group
Here’s a look at some of the buzziest products announced this week:Loona companion robot is the world's first consumer robot equipped with ChatGPT AI technology. From Beijing KEYi Technology Co. Ltd.AI companionsAI companions are one of the biggest trends to emerge from the show this year. Samsung’s buzzy Ballie robot, which was first shown off at CES in 2020, received a refresh. BaracodaAI task robotsBeyond companions, AI has made its way into nearly every appliance and gadget you could think of this year. LG was one of the first leaders in transparent TVs; one of its earlier prototypes impressed the show floor back in 2020.
Persons: it’s, Loona, Rosie, Samsung’s, Dipanjan Chatterjee, , Volkwagen, Mercedes Benz, Chatterjee, ” Honda, VinFast, “ There’s, Jon Erensen, EssilorLuxottica, Francesco Milleri, Evie, Steve Jobs, Cook, Christoph Dernbach, , Jitesh Ubrani, ” Ubrani, CNN’s Peter Valdes, Dapena Organizations: CNN — Tech, Consumer Electronics, Beijing KEYi Technology, ., LG, CES, Forrester Research, Walmart, Nvidia, AMD, Honda, VinFast, Fiat, Samsung, Gartner, Media, Apple Vision, Steve, Apple, IDC, Sony, Qualcomm Locations: Las Vegas, Beijing, USA, Cupertino, Cupertino ., Apple's, United States
Scientists have said carbon removal is needed to keep climate goals alive. Otherwise, the enormous price tag for world-scale carbon removal would need to fall to governments if there is any chance of these projects surviving. A major concern is that DAC technology is both expensive and unproven at scale. More mature carbon capture and storage (CCS) technology, which traps emissions at a point source like a smokestack, also requires a rapid scale up to make a difference. Their money will be made instead by marketing carbon removal credits to corporations not involved in fossil fuels that wish to offset unavoidable emissions, or to governments seeking to stay on track with climate targets.
Persons: Climeworks, , Vikrum Aiyer, Sultan al, Jaber, Vicki Hollub, Mike Avery, Christoph Gebald, Richard Valdmanis, Marguerita Choy Organizations: Reuters, REUTERS, Occidental Petroleum, BlackRock, U.S ., Occidental, 28th United, OPEC, United Arab, International Energy Agency, IEA, Global CCS Institute, Stratos, DAC, Department of Energy, Thomson Locations: Tracy , California, Texas, In Louisiana, 28th United Nations, Dubai, United Arab Emirates, Louisiana, Iceland, California, U.S, UAE, Occidental
Italy's Eni wins in arbitration case against Uniper -sources
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
[1/2] The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Acquire Licensing RightsLONDON/MILAN/FRANKFURT, Nov 27 (Reuters) - Eni has won a $600-million award after an arbitration court decided in the Italian firm's favour and against Germany's Uniper in a row over a liquefied natural gas (LNG) supply contract, three trading sources said. The 2017 annual report by the International Group of LNG Importers (GIIGNL) showed a 15-year contract under which Eni supplied Uniper with 0.65 million tonnes of LNG per annum between 2007 and 2022. Eni was not immediately available for comment. ($1 = 0.9168 euros)Reporting by Marwa Rashad, Francesca Landini and Christoph Steitz Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
Persons: Alessandro Bianchi, Germany's, Uniper, Eni, Marwa Rashad, Francesca Landini, Christoph Steitz, Miranda Murray Organizations: Eni, REUTERS, Sunday, International Chamber of Commerce, E.ON, International Group, Thomson Locations: Rome, Italy, MILAN, FRANKFURT
These include plans by ArcelorMittal , the world's second-largest steelmaker, to spend 2.5 billion euros to decarbonise its German steel mills, efforts that depend on now-uncertain government support. "What we're seeing here is devastating for Germany as a business location globally. Besides the 6 billion euros of steel investments, other sectors potentially affected by the court ruling include 4 billion euros in the area of microelectronics and 20 billion euros for battery cell production, according to an economy ministry paper seen by Reuters. Those have previously been estimated at 68 billion euros. "Important industries in Germany, such as chemicals or steel production, need economical energy prices," Oliver Blume, CEO of Europe's top carmaker Volkswagen (VOWG_p.DE), told Frankfurter Allgemeine Zeitung.
Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Reiner Blaschek, Chancellor Olaf Scholz, Stefan Rauber, Intel INTC.O, Taiwan's, Bernhard Osburg, Oliver Blume, Christoph Steitz, Tom Kaeckenhoff, Andreas Rinke, Catherine Evans Organizations: Climate, Finance, ArcelorMittal, SHS Stahl, Reuters, IMF, Intel, TW, Infineon, Steel, BASF, Wacker Chemie, Volkswagen, Frankfurter Allgemeine Zeitung, Thomson Locations: FRANKFURT, DUESSELDORF, Berlin, Germany, Asia, United States, U.S, USA, Steel Europe
Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. Bernhard Osburg, president of the German steel association and CEO of Thyssenkrupp's (TKAG.DE) steel division, the country's top steelmaker, told reporters that it was vital for Germany to protect its future competitiveness. His comments highlight major uncertainty within Germany's industrial firms, which are already struggling with local economic conditions and are increasingly looking to alternative, more favourable, markets, such as the United States. So he called on Berlin to hold a summit soon with German industry leaders to provide answers on how these investments could be protected, warning of an "utmost pressure to act". Germany's steel sector, which apart from Thyssenkrupp also includes Salzgitter (SZGG.DE), directly employs around 80,000, while around 4 million jobs indirectly depend on it.
Persons: Wolfgang Rattay, Bernhard Osburg, Osburg, Berlin, Chancellor Olaf Scholz's, Christoph Steitz, Miranda Murray Organizations: REUTERS, Thomson Locations: Duisburg, Germany, Berlin, FRANKFURT, United States, decarbonisation, Thyssenkrupp
Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. Scholz's three-way coalition is reeling from a court ruling last week that wiped 60 billion euros ($65 billion) from the budget at a stroke and forced it to freeze most new spending commitments, delaying talks on the 2024 budget. LOSS OF CONFIDENCEGermany's steel sector added its voice to the growing jitters, warning that the court ruling had put a question mark over more than 40 billion euros in planned investments. "I find it correct that the consequences of the constitutional court ruling ... are checked carefully," Scholz told a news conference. Scholz also described this as conceivable, participants at the meeting told Reuters, adding that the court ruling put the coalition into a difficult situation but it could be resolved.
Persons: Wolfgang Rattay, Chancellor Olaf Scholz, Robert Grundke, Bernhard Osburg, Osburg, Berlin, Scholz, Achim Post, Andreas Rinke, Christoph Steitz, Holger Hansen, Rene Wagner, Matthias Williams, Christina Fincher Organizations: REUTERS, Economic Cooperation, Development, Reuters, Scholz's Social Democrats, Thomson Locations: Duisburg, Germany, FRANKFURT, Paris, United States, decarbonisation
Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. As a result of the impairment, Thyssenkrupp, which has been trying to divest its steel division for several years, posted a 2-billion-euro net loss for the fourth quarter. Shares of the company, which proposed a stable dividend of 0.15 euros apiece, were indicated to open 1.8% lower in pre-market trade. Thyssenkrupp - which apart from steel builds submarines, car parts and operates a large materials trading business - said it was in constructive and open-ended talks with EPH about a potential steel joint venture. EPH, controlled by Czech billionaire Daniel Kretinsky, would support Thyssenkrupp Steel Europe with its energy expertise in any joint venture, the company said.
Persons: Wolfgang Rattay, Miguel Lopez, Daniel Kretinsky, Thyssenkrupp, Christoph Steitz, Tom Kaeckenhoff, Sandra Maler, Miranda Murray, Sherry Jacob, Phillips Organizations: REUTERS, Wednesday, EPH, Thyssenkrupp Steel, Thomson Locations: Duisburg, Germany, FRANKFURT, DUESSELDORF, Czech, Europe
Austria outclass Euro 2024 hosts Germany in 2-0 win
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +2 min
VIENNA, Nov 21 (Reuters) - Austria outplayed a toothless Germany to win 2-0 in their friendly on Tuesday, ending their year on a high while piling more pressure on the embattled Euro 2024 hosts who had Leroy Sane sent off early in the second half. Marcel Sabitzer's low drive in the 29th minute put the dominant hosts, who have qualified for the Euros, in front with Germany posing no threat in attack and needing 32 minutes for their first shot on goal. Austria shot out of the blocks and overwhelmed the error-prone Germans with a high-pressing game. While the hosts carved out several chances, including a golden opportunity for Michael Gregoritsch who failed to beat Trapp when one-on-one, Germany had to wait 32 minutes for their first effort towards goal. Germany's disappointing evening was complete when Baumgartner added a second goal, with Austria missing more chances late in the game.
Persons: Leroy Sane, Marcel Sabitzer's, Austria's Christoph Baumgartner, Kevin Trapp, Julian Nagelsmann, Nagelsmann, Michael Gregoritsch, Trapp, Thomas Mueller, Sane, Phillipp, Baumgartner, Karolos, Toby Davis Organizations: Thomson Locations: VIENNA, Austria, Germany, Turkey
Miniatures of windmill and electric pole are seen in front of Siemens Gamesa logo in this illustration taken January 17, 2023. One Frankfurt-based trader said the investor event, where Siemens Gamesa disclosed around 400 million euros in cost cuts by 2026, was bringing "no new insights". At 1610 GMT, shares in Siemens Energy, in which Siemens AG (SIEGn.DE) owns a direct 25.1% stake, were still down 6.3%. Siemens Gamesa will likely cut onshore turbine capacity outside Europe and outsource the production of some components, the division's Chief Executive Jochen Eickholt said, outlining the group's restructuring roadmap. Reuters last month reported that Siemens Gamesa was considering shutting plants and sales offices as well as outsourcing some production.
Persons: Dado Ruvic, Siemens Gamesa, Christian Bruch, Jochen Eickholt, Eickholt, Christoph Steitz, Tom Kaeckenhoff, Danilo Masoni, Madeline Chambers, Miranda Murray, David Evans Organizations: Siemens, REUTERS, Siemens Energy, Siemens Gamesa, Siemens AG, Reuters, Thomson Locations: Europe, FRANKFURT, DUESSELDORF, Frankfurt
Earlier this month, she said the U.S. offshore wind industry was "fundamentally broken" after BP wrote down $540 million on its wind power projects offshore New York, blaming inflation and red tape that meant projects ran over budget and over time. Globally, the renewables sector has been undermined by slow permitting, technological challenges, rising raw material costs and higher costs of capital. As BP seeks to guarantee it can meet its internal returns target of 6% to 8% on renewables projects, Dotzenrath said BP was working out how to reduce costs globally. You need one of the local energy suppliers to help you push ahead with the permitting processes and establish the onshore grid connection," she said. BP does not produce electrolysers, which split water to produce hydrogen, but Dotzenrath said did not rule out greater involvement.
Persons: Chris Helgren, Anja, Isabel Dotzenrath, Norway's Equinor, Denmark's, Dotzenrath, we'll, Chancellor Olaf Scholz, Thyssenkrupp, Christoph Steitz, Ron Bousso, Barbara Lewis Organizations: BP, REUTERS, Reuters, Siemens Energy, BASF, Thomson Locations: Vancouver , British Columbia, Canada, LONDON, Japan, U.S, New York, U.S.A, Germany
Chief Executive Officer (CEO) of German industrial conglomerate Siemens, Roland Busch attends the virtual annual shareholder meeting in Munich, Germany, February 10, 2022. Sven Hoppe/Pool via REUTERS/File Photo Acquire Licensing RightsSummaryCompanies Company expects sales to grow 4-8% in fiscal 2024Posts record industrial sales, profit in Q4Frankfurt-listed shares +3.6%FRANKFURT, Nov 16 (Reuters) - Siemens (SIEGn.DE) on Thursday gave a more cautious sales outlook for 2024, citing continuing destocking by Chinese customers, after the maker of products from trains to industrial software reported record industrial profit. That beat the 20.99 billion euros forecast in a company-gathered poll of analysts. Industrial profit too grew 7% to a record 3.4 billion euros, above the 3.34 billion euros forecast. The company has also been working through its massive order book, which stood at 111 billion euros at the end of September, up from 110 billion euros at the end of June.
Persons: Roland Busch, Sven Hoppe, Ralf Thomas, Christoph Steitz, Alexander Huebner, John Revill, Linda Pasquini, Christopher Cushing, Jan Harvey Organizations: Siemens, Companies, ABB, Frankfurt, Industrial Business, Thomson Locations: Munich, Germany, Frankfurt, FRANKFURT, Swiss, China
Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. A producer of key equipment such as gas turbines, converter stations and wind turbines, Siemens Energy is viewed by the German government as vital to its energy transition from fossil fuels to renewables. Frankfurt-listed shares in Siemens Energy were up 3% at 0757 GMT. Siemens Gamesa, once considered the future growth driver for Siemens Energy, has become a millstone around the group's neck after deeper-than-expected wind turbine quality issues were disclosed in June. As part of the financial backing agreed with stakeholders, Siemens Energy said it would sell an 18% stake in Indian firm Siemens Ltd (SIEM.NS) to Siemens AG at a discount of 15%, confirming a previous Reuters story.
Persons: Dado, Christian Bruch, Spain's, Christoph Steitz, Linda Pasquini, Mark Potter Organizations: Siemens Energy, REUTERS, Siemens, Siemens Gamesa, Siemens AG, Reuters, Siemens Ltd, Thomson Locations: Frankfurt, MUNICH
[1/2] A view shows the flags of China and Germany at a booth of a German automaker at the Auto Shanghai show, in Shanghai, China, April 19, 2023. That poses a dilemma for the German government, which is actively trying to get companies to derisk from China, the world's second-largest economy. The fund manager said it was striking that German companies are also increasingly relocating research and development activities to China, while others did the opposite for security reasons. Union Investment holds stakes in virtually all German blue-chip companies, including German carmakers Volkswagen (VOWG_p.DE), BMW (BMWG.DE) and Mercedes-Benz (MBGn.DE) as well as BASF (BASFn.DE), which all have major ties and exposure to the Chinese economy. The exposure means that German carmakers are facing risks such as being squeezed out of the Chinese market as well as seeing increased Asian competition in Europe, the fund manager said.
Persons: Aly, Christoph Steitz, Paul Simao Organizations: Auto, REUTERS, Rights, Union Investment, Reuters, Investment, Volkswagen, BMW, Mercedes, Benz, BASF, Thomson Locations: China, Germany, Auto Shanghai, Shanghai, Japan, South Korea, United States, derisk, German, Europe, Berlin, Beijing
Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. Private banks were expected to provide Siemens Energy with guarantees worth 12 billion euros while Siemens Energy would seek another 3 billion from other sources, the statement said, adding it was conditional on the final sign-off of all parties. "We are pleased with the German government's clear support for Siemens Energy and the commitment to the rapid implementation of projects to make the energy transition a success," Siemens Energy said in a statement. Shares in Siemens AG rose 2.7% at 1517 GMT on the deal while Siemens Energy shares were up 0.3%. Siemens AG, which spun off Siemens Energy in 2020, is also expected to provide support by buying most of the 24% stake Siemens Energy owns in Siemens Ltd (SIEM.NS), an Indian joint venture, sources have told Reuters.
Persons: Dado, Marco Buschmann, Buschmann, Christian Kraemer, Alexander Hübner, Christoph Steitz, Linda Pasquini, Madeline Chambers, Matthias Williams, Kirsti Knolle, David Evans Organizations: Siemens Energy, REUTERS, Rights, Siemens AG, Reuters, Siemens Ltd, Siemens, RTL, ntv, Thomson Locations: Indian
Harry Kane continues scintillating form at Bayern Munich
  + stars: | 2023-11-13 | by ( Ben Church | ) edition.cnn.com   time to read: +2 min
CNN —It’s safe to say that Harry Kane is enjoying life in Germany. The England captain made his high-profile move from boyhood club Tottenham to Bayern Munich in August and he hasn’t looked back. No player has scored more after 11 Bundesliga games, with Bayern’s former talisman Robert Lewandowski holding the previous record of 16. Kane, the league’s top scorer, also has four goals in the Champions League with Bundesliga leaders Bayern yet to drop points in the group stage. “It is impressive,” Bayern Munich’s sports director Christoph Freund said, per Reuters, after Kane’s double in the team’s 4-2 win against Heidenheim.
Persons: Harry Kane, hasn’t, Robert Lewandowski, Kane, Christoph Freund, ” Kane, Alexander Hassenstein, , , Thomas Mueller, Organizations: CNN, Tottenham, Bayern Munich, Heidenheim, Bundesliga, Champions League, Bayern, League’s, Reuters, England Locations: Germany, England, , Malta, North Macedonia
REUTERS/Pascal Rossignol Acquire Licensing RightsNov 13 (Reuters) - Amazon.com (AMZN.O) has cut around 180 jobs in its games division, at least the second round of cuts in under a week, as part of a broader restructuring, according to an email viewed on Monday by Reuters. It represents the second cut to the division this year. Amazon last week also began cutting jobs in its streaming music and podcast division, according to people familiar with the matter. The games division offers downloadable versions of many video games, on a monthly rotation, as well as some Twitch channels and other services. In April, Amazon cut about 100 jobs in the games unit.
Persons: Pascal Rossignol, Christoph Hartmann, Hartmann, We've, Greg Bensinger, Sayantani Ghosh Organizations: REUTERS, Reuters, Amazon Games, Amazon, Technology, Gaming, Thomson Locations: Lauwin, France, Seattle, United States
Amazon cuts more than 180 jobs in gaming division
  + stars: | 2023-11-13 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +2 min
Amazon on Monday announced it will cut more than 180 jobs in its Amazon Games division as it refocuses its efforts on Prime Gaming, according to an internal company memo viewed by CNBC. The company will close its Game Growth and Crown Channel initiatives as part of the restructuring. Now, Amazon will focus on upcoming launches such as "Throne and Liberty" and "Blue Protocol," as well as future initiatives such as "Tomb Raider" and "The Lord of the Rings" games, Christoph Hartmann, vice president of Amazon Games, wrote in the memo to employees. The latest job cuts at Amazon come as CEO Andy Jassy has been in cost-cutting mode over the past year as the company has battled high interest rates and inflation. As a result, Amazon has carried out the largest layoffs in its history, cutting 27,000 jobs since last fall.
Persons: Christoph Hartmann, Hartmann, Andy Jassy, Jassy, , Annie Palmer Organizations: Amazon Games, Prime Gaming, CNBC, Crown, Amazon, CNBC PRO
"It is impressive," beamed Bayern sports director Christoph Freund after Saturday's double in their 4-2 victory over Heidenheim. Kane already has more goals after 11 Bundesliga matches than last season's top scorers had in the entire campaign. Kane has also scored four times in four Champions League group matches, with Bayern having already secured a spot in the knockout stage with two games to spare. "I believe he can do anything," said Bayern team mate Thomas Mueller. Club bosses are equally delighted with Kane's goal bonanza, saying the move was the right one for both Bayern and the title-starved Kane.
Persons: Harry Kane, Kane, Robert Lewandowski, Christoph Freund, Saturday's, Thomas Tuchel, Kane's, Thomas Mueller, Jan, Christian, Didi Hamann, Hamann, Karolos, Clare Fallon Organizations: Bayern Munich, Bayern, Tottenham Hotspur, Bundesliga, England, League's, Champions League, Saturday, Borussia Dortmund, Thomson Locations: Germany, Barcelona, Heidenheim, Darmstadt
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