Following a network-wide outage at Orange for several hours, France has tasked its cybersecurity watchdog to conduct an audit of the network. In a statement, Orange’s CEO Stephane Richard said, he was launching an internal inquiry into the disruption the results of which would be ready within seven days. In a letter to the head…
On Friday, in a statement Dutch charging infrastructure company Fastned said, it has partnered with Tesla to build electric vehicle (EV) charging stations at a hub in Oxford, UK. The hub, featuring 26 charging stations, will also include 12 Tesla Supercharger stalls and 14 Fastned fast chargers and will be built in cooperation with Oxford…
On Tuesday, in a statement, online platform for buying, selling and servicing of refurbished tech gadgets Back Market said, it has raised $335 million in its latest funding round which valued the company at $3.2 billion. Back Market started in 2014 in France with “the aims to make it easier for customers to buy refurbished…
In a statement French insurer Axa said one of its businesses in Asia was hit by a ransomware attack. It is now investigating the cyber incident. Hackers were able to access some of its data in Thailand. The cyber attack on its Asia Assistance division impacted IT operations in Thailand, Hong Kong, Malaysia, and in…
On Monday, digital music company Believe stated it plans to come out with a stock market listing in Paris with an aim to raise around $608 million (500 million euros) so as to finance its expansion. Believe’s digital music brands, Believe Distribution Services, TuneCore, Groove Attack, Nuclear Blast, Naïve, and AllPoints, compete in a sector…
On Monday, following Toyota Motor Corp opening its first commercial hydrogen fuel pump site in the Australian state of Victoria, it urged the government to encourage the rollout of more such sites across the country so as to boost the take-up of cleaner cars. Next month, Toyota is bringing in twenty of its Mirai hydrogen…
On Tuesday, France Digitale, the country’s leading startup lobby is preparing to file a complaint against Apple with French data privacy watchdog CNIL alleging that the iPhone maker breached European Union rules. France Digitale’s seven page complaint against Apple, is backed by most French digital entrepreneurs and venture capitalists; the complaint alleges that Apple’s latest…
On Friday, in a statement French industrial gas giant Air Liquide said, it has entered into a collaboration with Japan’s Itochu Corp, a trading house, to further develop the hydrogen mobility markets in Japan. Initially, both companies will focus on the development of hydrogen retail infrastructure in Japan for both commercial and for passenger vehicles,…
In a statement, France’s Finance Ministry said, it has sent out notices to big tech companies to pay digital service tax as planned earlier. Earlier France had suspended collection of the digital service tax, since negotiations were underway at the Organisation for Economic Cooperation and Development (OECD) on an overhaul of international tax rules. The…
Despite their victories in recent years, one persistent idea about cooperatives is that they struggle to grow profitably, being forced to make a choice between maintaining local value commitments and the pursuit of international development. It is possible that this choice could either lead to the detriment of a cooperative’s competitiveness, or a move away…
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