Germany

E.ON didn’t place enough rules & checks: admits CEO Cocker

After being slapped with a £12 million payout order by regulator Ofgem, energy supplier E. ON's chief executive has admitted that the company has failed to place enough rules and checks to avoid the latest mis-selling scandal.

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Telenav acquires German startup Skobbler

Popular location-based services provider Telenav has acquired German startup Skobbler to improve its GPS navigation app Scout.

Berlin-based Skobbler, which was founded back in 2008, is well-known for its map-based apps and games, such as ForeverMap 2 and GeoBrain 2. Its OSM technology provides open-source, user-generated data about geography. Using this technology, you can access details about roads, traffic, major landmarks etc.

Basically, OSM serves as a capable substitute for some widely popular location data services, such as Apple Maps and Google Maps.

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Artificial bone marrow could be a god-sent for leukemia patients

In a medical turning point, German scientists have adequately improved artificial bone marrow, fit for facilitating life-sparing hematopoietic foundational cells that can encourage the medicine of leukemia in a couple of years.

Notwithstanding, the researchers at Karlsruhe Institute of Technology's (KIT) Institute of Functional Interfaces in Germany have falsely duplicated real lands of regular bone marrow in the lab.

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Vodafone Launches its Operating Billing System in Europe

Vodafone had launched the first ever operator billing for Android market in Europe, which can be accessed by the users in the UK and Germany. The users of the Android application on Vodafone will be able to transfer their App market purchases to their phone bills, instead of paying out through credit cards.

As per Vodafone, "In addition to facilitating the best possible user experience, Vodafone operator billing extends your reach to the large number of app buying customers who are unwilling or unable to use credit cards. In some countries this can be more than 90% of the market”.

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Ecclestone backs Williams F1 flotation

Formula One star Bernie Ecclestone disposed of his support behind the Williams team’s strategies of floating on the stock market. An announcement was made by Williams F1 last Wednesday regarding launching an initial public offering (IPO) of nearly 30% of its shares on the Frankfurt Stock Exchange.

The company is giving away most of its co-founder Patrick Head's stake for a value of from around £20 to £24 per share, placing Williams Grand Prix Holdings to a value of around £225 million.

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