Today in Germany: Joiz, SAP

retro-television-vintage-musical
retro-television-vintage-musical

Joiz Germany shuts down

The German Online TV station Joiz is shut down by its new investor. At least until Christmas, the cameras stand still. The idea is to rethink the concept and make it more profitable. On Friday, a two hour long episode will show the best moments of the channel’s three years existance.
[Gründerszene] (German)

SAP invests in startups

Germany’s largest software company SAP wants to spend a whole lot more on startups, CEP Nino Marakovic mentioned towards the newspaper Handelsblatt. Therefor, SAP raised its $1 billion investment up to $2.4 billion in its holding company Saphhire Ventures. SAP will focus on software that can either be relevant to the company itself or its clients.
[Gründerszene] (German)

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