Digital music company Believe aims to raise $608M through its Paris stock market listing

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…

Apple’s latest operating system non-compliant with EU privacy requirements: France Digitale

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…

France’s Air Liquide partners with Itochu Corp to develop hydrogen mobility markets in Japan

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,…

France issues digital service tax notices to big tech

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…