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…

Astanor Ventures raises $325 million for investing in agri-food tech startups

On Friday, Astanor Ventures, a backer French insect breeder Ynsect as well as Germany’s vertical farmer InFarm stated, it had raised a $325 million fund to invest in sustainable agriculture, food, and ocean technology startups. The new fund will back ventures that seek to make the food supply more resilient to climate change and attempt…

Heightened demand for human augmentation technology: survey results by Opinium Research

According to a research report commissioned by Kaspersky, two thirds of those who were surveyed in leading Western European countries consider technology induced augmentation of human body parts, most of which are related to improving health, will improve their lives. With technological revolutions shaping humanities near future, tech leaders opine it will change every aspect…

Organisation for Economic Cooperation and Development readies launch of global digital tax readies

France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…