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SAP says big margin gains to wait till 2020

SAP says big margin gains to wait till 2020

FRANKFURT (Reuters) – SAP (SAPG.DE) told investors they can expect a major improvement in margins only next year as the German business software group reported a 21% decline in second-quarter operating profit on Thursday, weighed down by one-off costs. SAP nonetheless reiterated its forward guidance as CEO Bill McDermott expressed his “absolute commitment” to meeting [...]

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Police need intercept tools as mobile networks develop: Europol

Police need intercept tools as mobile networks develop: Europol

THE HAGUE (Reuters) – European law enforcement agencies set to lose the ability to tap criminals’ mobile devices with the launch of 5G technology must be brought into discussions earlier when communications networks are modernized, the new head of Europol told Reuters. Appealing to EU leaders for greater powers to fight tech-savvy criminals, Catherine De [...]

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G7 finance chiefs pour cold water on Facebook’s digital coin plans

G7 finance chiefs pour cold water on Facebook’s digital coin plans

CHANTILLY, France (Reuters) – Group of Seven finance chiefs cast a cloud over prospects for Facebook’s Libra digital coin on Wednesday, insisting tough regulatory problems would have to be worked out first. The massive social media company’s plan to launch a digital coin has met with a chorus from regulators, central bankers and governments saying [...]

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