France

Veolia Acquired Silicon Valley Startup Kurion for $350 Million

The deal was a huge move forward for both Veolia and Kurion. Veoila is determined to expand its business to nuclear waste management and believes that Kurion is the perfect partner to achieve that goal. Kurion itself is a successful startup focusing in nuclear waste involved in the Fukushima nuclear incident clean-up in 2011.

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Over 366 tonnes of gold returned to Germany from New York and Paris

Under a supposed repatriation program, Germany is bringing back its gold reserves from the vaults of Paris and New York. Germany had stored all its bullion overseas fearing a Soviet Union attack during the Cold War. Till date, the Deutsche Bundesbank has managed to get around 366 tons to Frankfurt, which is almost half of the total reserve of 674 tons that it plans to repatriate by 2020.

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Eiffel Tower and Other Famous Tourist Attractions Closed Until Further Notice After Paris Attack

Eiffel Tower is closed for an indefinite period of time after the bloody Paris attack on Friday, Nov.13 that killed at least 129 people. The announcement was made by the operator on Saturday.

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The world’s first driverless bus will hit Switzerland roads in 2016

Swiss-based startup BestMile announced that it will begin on-road commercial trials of its autonomous bus system next year. The on-road trial will run for two years to test how well the vehicles operate in real-life traffic.

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Major French telecom groups are applying for 4G mobile spectrum auction

France will soon get a boost in internet speed as its telecoms regulator ARCEP announced on Tuesday that it had received applications for the upcoming 4G mobile spectrum auction.

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Facebook announced 360-degree video support

Facebook introduces the 360-degree video. It is a new feature which will let you roll videos in any angle. The new feature will be accessible first on the web and Android devices.

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Polish mobile networks Plus and Play against government's plan to shorten high-speed internet bidding period

Polish mobile network operators Plus and Play are for the scraping of the government's plan to shorten the bid period for the high-speed Internet frequencies for fear that it would penalize some bidders.

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Disruptive Legislation: France re-examines taxi law amid Uber's rise

France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.

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First big performance update for Alcatel OneTouch IDOL 3 is on its way

Alcatel's most recent flagship smartphone, the OneTouch Idol 3 is set to receive its very first and big performance update soon. Alcatel OneTouch Idol 3 is deemed to be a solid contender for OnePlus One.

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U.S. to press China on currency, eye on AIIB: official

U.S. officials will press their Chinese counterparts on currency policy at high-level talks next week, and have not taken off the table the possibility that the United States may one day join a China-led infrastructure bank, a senior U.S. Treasury official said.

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Samsung partners with Sigfox for Internet of Things

Samsung, the technology giant has announced its undisclosed amount of investment in France-based start up Sigfox, which has recently raised $115 million mega round in venture capital.

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Toy retailer FAO Schwarz to close flagship New York City store

FAO Schwarz, the oldest toy store in the United States and a retailer once considered accessible only to the rich, is closing its much-loved Fifth Avenue flagship store in Manhattan, citing rising rent prices.

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Russia wants 1.163 billion euros from France for ending Mistral deal: source

Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for cancelling a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.

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France ready for swift EU reform proposals from Cameron

France sees plenty of scope for Britain to meet its demands for EU reform without changing its treaties, and is ready to discuss the question sooner rather than later, the French European affairs minister told Reuters.

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Euro zone economy picks up pace but Germany lags

A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc's economy still grew at its fastest in almost two years as cheap food and fuel boosted spending and a central bank stimulus program kicked in.

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