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Today in Germany: Home24, Nestpick

Home24 raises €120 million According to rumors, Berlin-based furniture startup Home24 is working on an IPO. Now, the Rocket-backed startup announces a fresh ...
wahwah.fm offline

wahwah.fm goes offline into “summer recess”

Social music-sharing app wahwah.fm has gone offline for the summer, citing an overhaul of its technical infrastructure as it works on its licensing approach. ...
AirBnB

Axel Springer invests in AirBnB

German media mammoth Axel Springer, based in Berlin, has invested an undisclosed amount in AirBnB. As one of the country's biggest media conglomerates, the i...
Siemens

Siemens profits slump

Germany’s global industrial conglomerate Siemens says its annual net profit dropped 17 per cent at the end of last year, amid Europe’s difficult economic en...