Chief tech correspondent, Europe, Mideast & Africa, Frankfurt
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Oct 22, 2015

Google seeks common cause with media firms over ad blocking

FRANKFURT (Reuters) – Google says European media firms, often the search giant’s harshest industry critics, share a common threat because a surge in ad-blocking technology is a threat to all businesses dependent on advertising.

Carlo d’Asaro Biondo, Google’s president for EMEA strategic relationships, told a media conference in Munich on Thursday that consumers “hate bad ads”, and that Google and content creators must do more to protect consumers from obtrusive ads.

Oct 22, 2015

Vending machine promises end to pesky foreign coins collections

FRANKFURT (Reuters) – World travelers may soon be able to rid themselves of stashs of useless coins and bills in random foreign currencies – even old Deutsche marks.

From next Monday, commuters passing through London King’s Cross tube station will find a self-service vending machine that converts currencies from 150 countries into pounds, dollars or euros.

Oct 20, 2015

Worldpay rival Adyen expands anti-fraud services for customers

FRANKFURT (Reuters) – Dutch payments processing company Adyen, one of Europe’s biggest start-ups, is launching a service to make it easier for customers, which include Spotify, to identify fraud as it seeks new ways to compete with larger rival Worldpay .

Adyen, which last month secured new financing from a fund that acts for wealthy tech investors including Facebook boss Mark Zuckerberg, on Tuesday introduced the system for merchants to cut fraud by rating shoppers based on the breadth of their retail activity, not just the merchant’s own site.

Oct 20, 2015

SAP CEO says could beat 2015 growth targets

FRANKFURT, Oct 20 (Reuters) – Europe’s biggest software
company SAP on Tuesday said it could top full-year
financial targets in the fourth quarter, its most important
period of the year, as it confirmed the strong third-quarter
results it pre-announced last week.

In a statement, SAP posted a 19-percent rise in
third-quarter operating profit, excluding special items, to 1.62
billion euros ($1.84 billion) as revenue rose 17 percent to 4.12
billion euros. In constant-currency terms, revenue rose 10

Oct 14, 2015

Acquisitions bring Canon’s 5 trln-yen sales target back into view

PARIS (Reuters) – Canon Inc, the world’s biggest maker of cameras and printers, is setting its sights on higher growth fueled by acquisitions as it expands into related markets like video surveillance and medical imaging, Chairman Fujio Mitarai said.

As a result the Japanese group has revived a decade-old annual-sales target of 5 trillion yen ($42 billion) and is also aiming to improve its profit margins, despite declining consumer sales.

Sep 16, 2015

Cisco router break-ins bypass cyber defenses

FRANKFURT (Reuters) – (Company corrects the 15th paragraph beginning “The malicious programme…” to clarify that the nickname SYNful refers to the signal routers sent to open up communication with other routers, rather than how the implanted software jumps between routers.)

Security researchers say they have uncovered clandestine attacks across three continents on the routers that direct traffic around the Internet, potentially allowing suspected cyberspies to harvest vast amounts of data while going undetected.

Sep 15, 2015

Cisco router attacks duck cyber defences, hit 4 countries

FRANKFURT, Sept 15 (Reuters) – Security researchers say they
have uncovered previously unknown attacks on routers which
direct traffic around the Internet, allowing hackers to harvest
vast amounts of data while going undetected by existing
cybersecurity defences.

The attacks replace the operating system used in network
equipment from Cisco, the world’s biggest maker of
routers, the computer forensic arm of U.S. security research
firm FireEye, Mandiant, said on Tuesday.

Sep 1, 2015

New SAP software aims to help companies make sense of data deluge

TUEBINGEN, Sept 1 (Reuters) – SAP unveiled a new
product on Tuesday that promises to help businesses make sense
of a deluge of real-world data from retail transactions,
transport systems and social media, hoping to persuade customers
to switch from rival database suppliers.

SAP HANA Vora, as the database query software will be known,
aims to give businesses greater insights into the vast volumes
of data organisations are collecting from customer feedback,
along with sensors installed in products, vehicles and networks.

Aug 26, 2015

Velostrata introduces public/private cloud software; takes funds

FRANKFURT, Aug 26 (Reuters) – Velostrata, a year-old
start-up founded by a successful Israeli software entrepreneur,
on Wednesday revealed plans to offer hybrid cloud software that
lets organisations offload local business data more securely to
public cloud services.

In addition, Velostrara said it had raised $14 million in
early stage, Series A funding from established venture financers
Norwest Venture Partners and 83North, which previously operated
as the Israeli arm of Greylock Partners.

Aug 25, 2015

Top German court rejects Apple touchscreen patent appeal

By Eric Auchard and Peter Maushagen

(Reuters) – Apple Inc patents covering the “slide
to unlock” feature on smartphones are invalid, Germany’s highest
appeals court ruled on Tuesday, reaffirming a 2013 decision
rejecting the U.S. company’s claims by a lower court.

The ruling by the Federal Court of Appeals in Karlsruhe
covers one of the Apple iPhone’s most popular defining features,
of which makers of rival Android-based phones have developed
their own versions.

    • About Eric

      "Eric Auchard is chief technology correspondent for Reuters in Europe, the Middle East and Africa, based in Frankfurt. He has worked in San Francisco, New York, Washington D.C., London and Vienna during a 22-year career with Reuters as reporter, columnist and editor, covering key developments in semiconductors, software, mobile gadgets, social media and, more recently, payments and cars. Eric traced the highs and lows of the tech industry during the dot-com mania, the crash that followed and its subsequent resurrection, reporting from more than 30 countries as Reuters global technology correspondent. He grew up in Silicon Valley, long before it ..."
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