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Category: Digital
Now it is official: Wirecard, Germany’s digital showpiece company, had to file for insolvency after an unprecedented share price rally. The trigger was 1.9 billion euros, which could not be confirmed in the Philippine accounts. This is why the audit report by KPMG, which Wirecard CEO Markus Braun actually intended as a liberating blow, had …
View PostCategory: Artificial Intelligence, Robot
One of the fears that people express about robots and artificial intelligence is that of jobs. What jobs will people do when machines take over? First of all, there are two ways in which physical and cognitive machines change the way we work. Firstly, in the way they replace entire professions, such as truck and …
View PostCategory: Innovation
Like many other companies in the transport and travel industry, Germany’s flagship Lufthansa is fighting the COVID 19 pandemic and the imposed curfews and border closures. While the company was still in good shape at the beginning of the year, it has developed into a case of reorganisation in just a few months (through no …
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