France will allow Huawei to bid for building its 5G network. In a significant development, French Finance Minister Bruno Le Maire disclosed, France will not rule out specific operators for establishing its 5G telecoms network and that participation of the players will be based on security and performance of networks. The comments come in the…
The development coincides with Chinese President Xi Jinping visit to Europe. On Tuesday, following the news that European planemaker Airbus SE won a deal worth tens of billions of dollars, shares of the planemaker rose by 1.9% in early trading session. Airbus has secured a deal to sell 300 aircraft to China. According to French…
Japan’s Nissan and France’s Renault have agreed to strategically retool the alliance so as to put themselves on a more equal footing. In an interview to Le Figaro, Renault’s chairman Jean-Dominique Senard drew attention to the fact that Renault and Nissan must streamline decision-making; he also mentioned that boosting the companies’ cross-shareholding is not currently…
The aim is to provide a supporting hand to local manufacturing and boost their growth, including the production of cells for electric vehicles. In a significant development, France and Germany agreed on a joint manifesto for a new industrial policy in Europe to help support local companies to better compete with rivals, including foreign ones,…
The EU is likely to have a EU-wide tax on global digital companies by the end of March 2019. In a statement, Apple Inc’s French division stated, it had reached a deal with France to pay an undeclared amount of back-dated taxes, which according to French media estimate is at around $571 million (500 million…
According to Google, the issue revolves around Amadeus charging consumers for services that are available for free, or for a nominal charge; this practice is against its internal policies which prohibit ads for services that can be obtained for free or at a lower price from the government or another public source. In a significant…
France’s 5G auction, which will in most probability exclude bids from China’s Huawei Technologies, will set the groundwork for next generation industries, including IoT. On Thursday, French news agency Le Figaro reported Junior Minister Agnes Pannier-Runacher as stating, France will commence the auction of 5G telecoms frequencies this autumn, with licenses expected to be given…
Some of Altran’s operations in Europe had been affected by the cyber attack. It is to be seen whether this attack was part of the DNS hijacking attack that Britain’s National Cyber Security Centre is investigating. On Monday, Altran Technologies, a French engineering consulting firm stated, it was hit by a cyber attack last Thursday…
Despite facing international pressure on its business, Huawei has managed to secure 30 contracts to supply 5G equipment; it has already shipped 25,000 5G base stations. As per a report by French newspaper Les Echos, France is weighing its option for introducing a bill amendment so as to empower its defense and security institutions to…
The CNIL’s decision is likely to send a shiver down the spine of the tech industry who are yet to comply with the EU’s tough GDPR laws. In a development that has gone down in the pages of history as one of the biggest levies, to date, attached by France’s data protection watchdog on Google…
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