Bosch Launches €250 Million Fund for Startups
In the face of economic uncertainty and global economic turbulence, Bosch is continuing with its commitment to provide venture capital to startups.
German prosecutors heaped further pressure on SAP CTO and executive board member Juergen Mueller by opening a criminal investigation into alleged sexual harassment during a company event. German national Mueller apologized for the incident earlier this month and stated he plans to leave the company in the coming weeks.
German prosecutors opened a formal investigation into an allegation of sexual harassment involving Mueller and a female employee following press reports on the matter. A representative for SAP said it had been informed about the situation and that it is offering full support to the authorities in their investigation.
The company noted Mueller played a key role in establishing its business technology platform, which serves more than 23,000 customers. He joined SAP in 2013 and was appointed to the executive board in 2019 when he was appointed CTO. SAP extended Mueller’s contract by three years in April.