Prosus Eyes Possible Bid for Germany’s Largest Online Auto Marketplace Mobile.de

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Dutch tech investment giant Prosus has shown early-stage interest in acquiring Mobile.de, Germany’s biggest online auto marketplace, according to sources familiar with the matter.

Current owners Permira and Blackstone are leaning toward an initial public offering (IPO) rather than an outright sale, but Prosus — through its classifieds division OLX — could enter the race depending on market conditions. The company’s tentative approach underscores growing competition for digital auto platforms across Europe.

The private equity funds have enlisted JPMorgan and Goldman Sachs to prepare Mobile.de for a potential IPO that could value the company at up to €10 billion ($11.7 billion), sources said. The listing could take place next year, though no formal sale process has yet begun.

Alongside Prosus, private equity groups EQT, Cinven, and Apax have also expressed interest, according to the report. All parties declined to comment.

Mobile.de’s parent company, Adevinta, was purchased by Permira and Blackstone in 2023 for around 141 billion Norwegian crowns. Since then, the new owners have begun breaking up Adevinta’s holdings, including selling its Spanish classifieds business to EQT and its Austrian subsidiary Willhaben to Sprints and Styria Media Group.

Prosus, the investment arm of South Africa’s Naspers, has recently expanded its automotive footprint, buying France’s La Centrale platform for €1.1 billion earlier this month.

The early-stage talks reflect the growing investor appetite for online vehicle marketplaces, which have proven resilient and profitable amid a broader slowdown in tech valuations.

Google Plans Secretive AI Data Centre on Strategic Christmas Island

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Google is planning to build a powerful artificial intelligence data centre on Australia’s remote Christmas Island in the Indian Ocean, according to documents and local officials cited by Reuters — a move that could transform the tiny outpost into a crucial node for both digital infrastructure and defence strategy.

The project, not previously disclosed, follows Google’s cloud deal with Australia’s Department of Defence signed earlier this year. While the exact cost, size, and purpose of the facility remain undisclosed, military analysts say such a data hub could be pivotal for monitoring Chinese naval operations in the Indian Ocean and supporting AI-driven defence systems.

Located about 350 kilometers south of Indonesia, Christmas Island has increasingly drawn attention from defence planners. Former U.S. Navy strategist Bryan Clark said the proposed facility could serve as a “command and control” hub in any regional crisis, especially for managing AI-enabled uncrewed systems used in surveillance or targeting.

“Subsea cables offer more reliability than satellites,” Clark explained. “If you’ve got a data centre on Christmas Island, you can do a lot of that through cloud infrastructure.”

Google has reportedly applied for environmental approval to install a subsea cable linking Christmas Island to Darwin, where U.S. Marines are stationed, with U.S. firm SubCom handling the installation. The link mirrors other military cable projects connecting strategic outposts like Diego Garcia.

Christmas Island Shire President Steve Pereira said local officials are assessing the project’s potential community impact before giving final approval. The island, home to just 1,600 people, has long faced limited job opportunities and weak communications infrastructure.

“There is support for it, provided it brings local employment and real benefits to the community,” Pereira said.

While some residents fear greater militarization could harm tourism, others welcome the economic boost. Analysts note that the location offers unique advantages for both commercial and strategic uses, sitting at the crossroads of Asia, Africa, and Australia.

Gemini AI Set to Make Google Maps a Conversational Travel Companion

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Google Maps is being reimagined with the help of Gemini, Google’s flagship artificial intelligence system, transforming the navigation app into a more conversational and interactive companion for drivers.

The new design, announced Wednesday, integrates Gemini’s generative AI to create a hands-free experience that allows users to ask for directions, recommendations, and insights naturally — as if speaking to a knowledgeable passenger. Instead of relying solely on distances and street names, the upgraded app will reference landmarks to make navigation more intuitive.

“No fumbling required — now you can just ask,” Google said in a blog post unveiling the redesign. The company emphasized that Gemini’s new conversational features will help users discover restaurants, shops, and attractions on the go while keeping their focus on the road.

Google said it has implemented safeguards to prevent AI “hallucinations” — instances where chatbots generate incorrect information — to ensure accurate and reliable guidance. The data powering Gemini’s responses will come from Google Maps’ extensive database of more than 250 million places built up over two decades of user reviews.

The AI-powered Maps update will roll out soon to both iPhone and Android devices, reaching Google’s global user base of over 2 billion people. By embedding Gemini directly into Maps, Google aims to demonstrate the real-world utility of its AI technology and strengthen its position against rivals like OpenAI’s ChatGPT.

This move continues Google’s broader AI transformation, which has already reshaped its search engine to prioritize conversational results over traditional web links.