France

French IT Consulting Company Atos Issues a New Profit Warning

French technology consulting company Atos issued a profit warning on Monday, its second in seven months and coming just several days after its new CEO Rodolphe Belmer, appointed in October, officially took over the reins. Atos said its financial objectives stated in July could not be met, due both to delays on deals with customers […]

Italy, France deepen economic, defense cooperation

Italian Premier Mario Draghi said that a bilateral treaty signed on Friday with French President Emmanuel Macron to strengthen bilateral cooperation would in turn strengthen the European Union, including such areas as defense, aerospace and technology. The treaty deepens cooperation “in crucial sectors, from security to justice, from research to industry,” Draghi told a press […]

SFR parent Altice to acquire French operator Coriolis

Altice France announced an exclusive agreement to acquire 100 percent of rival Coriolis, an independent telecom group with more than half a million customers. Under the terms of the deal, the total cash consideration consists of an upfront purchase price of $349 million and a deferred cash consideration of $137 million. The transaction is subject […]

France Fines Google €500 mil, as CEO warns of an attack on the internet

France’s Competition Authority slapped on Tuesday one of the biggest fines in the tech world against Google. The Authority found that the search engine failed to negotiate with other media organizations regarding the utilization of their content under EU copyright reforms.  As a result, the internet giant is facing a 500-million-euro ($593 million) fine. The Competition Authority also stated on their website that they requested Google to provide media publishers with “an […]

Google faces French Ruling against Copyright Dispute

Google faced French authority ruling on its copyright dispute with media groups to negotiate whether it was negotiating “in good faith” over content and search result payments. In the wake of the major feud arising between France and the popular search engine concerning its position in online advertisement, France’s competition regulator revealed potential plan on […]

France won't ban Huawei but favors European 5G systems

PARIS (AP) — French President Emmanuel Macron says France is not excluding Chinese telecom giant Huawei from its upcoming 5G telecommunication networks but favors European providers for security reasons. The French leader spoke after meeting with visiting Chinese Foreign Minister Wang Yi in Paris on Friday. Macron said he had already told Chinese President Xi […]

French operator Bouygues Telecom will withdraw 3000 Huawei antenna by 2028

On August 27, 2020, the French operator Bouygues Telecom announced that it would withdraw 3000 Huawei mobile phone antennas by 2028 in very densely populated areas following the request of the French government for 5G cybersecurity concerns. The United States of America has conducted advocacy aiming to persuade its allies to remove Huawei equipment from […]

US targets $1.3 billion in French imports in tech tax clash

WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants. But the Office of the U.S. Trade Representative said the levies would be delayed […]

Germany, France hope cloud data project to boost sovereignty

By GEIR MOULSON Associated Press BERLIN (AP) — Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty in the wake of the coronavirus crisis and break the continent’s dependence on U.S. and Chinese companies. The platform, entitled GAIA-X, is meant […]