1. Business
  2. Morning briefing
June 19, 2019updated 18 Jun 2019 5:06pm

Angela Merkel outlines Germany’s digital strategy / Facebook COO makes Cannes Lions appearance / Google holds annual shareholders meeting

By Luke Christou


Good morning, here’s your Wednesday morning briefing to set you up for the day ahead. Look out for these three things happening around the world today.

Angela Merkel outlines Germany’s digital strategy

German Chancellor Angela Merkel will today take part in a discussion on Germany’s digital strategy at Moral Machines, a conference exploring the development of new technologies and the ethical challenges that they present.

Merkel will sit down with Miriam Meckel, editor of German magazine Wirtschaftswoche, to discuss Germany’s current and future approach to technology.

This comes after Merkel launched Germany’s digital strategy late last year, which outlined the country’s plans to challenge giants such as the United States and China in artificial intelligence (AI) technology with €3bn in investment over the next six years.

Moral Machines is taking place at the Kurlander Palais in Dresden, Germany, with Merkel set to talk at 7:30pm local time (6:30pm London time).

Facebook COO makes Cannes Lions appearance

Facebook’s chief operating officer Sheryl Sandberg will make an appearance at Cannes Lions, the world’s largest event for creative marketing professions, today.

Sandberg will sit down with Bloomberg journalist Caroline Hyde to discuss changing consumer behaviours such as the transition to mobile devices, and the role of digital in society.

Sandberg will also discuss Facebook’s focus in 2019, which comes the day after the social media giant unveiled its plans for a new cryptocurrency named Libra.

The “Sheryl Sandberg in Conversation” session is taking place at the Lumiere Theatre in Cannes, France, starting at 1:45pm local time (12:45pm London time).

Google holds annual shareholders meeting

Google parent company Alphabet will hold its annual shareholders’ meeting today, with executives set to face difficult questions over the future of the business.

Shareholders are expected to raise concerns over regulatory pressure after Google will hit with two more antitrust fines by the European Union for breaching competition laws, which cost the company close to $7bn in fines. While those losses were absorbed without problem, it is feared that continued regulatory pressure will eventually hit the company’s bottom line.

Shareholders will also vote on a policy that will allow Google to take back bonuses and performance-related add-ons from employees that are found to have acted inappropriately.

The Alphabet shareholders’ meeting is taking place at the Moffett Place Event Center in California, starting at 9am local time (5pm London time).

Tuesday’s Highlights


Libra is Facebook’s bid to become the world’s currency – should we be worried?

Researchers create 3D facial models from identity information in a person’s memories

Victimology: In the shoes of a cybersecurity analyst

Verdict deals analysis methodology

This analysis considers only announced and completed artificial intelligence deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

Topics in this article: ,