Paris 18:12 (CEST) Fri 18/10     |     Silicon Valley 09:12 (PDT) Fri 18/10

Network crash leaves millions of Three’s UK customers without phone service

A network crash left millions of UK users without phone service on Wednesday, according to The Guardian. UK telecom provider Three said that a “significant majority” of its ten million users had been affected, and many customers were reportedly still without service...

Germany won’t exclude Huawei from its 5G networks, rejecting calls from US

Germany is set to publish new 5G security guidelines that would not exclude Huawei from providing equipment for networks, rejecting calls by US officials to shut out the Chinese tech firm, according to Reuters. Huawei is the world’s leading vendor for...

UK medtech startup Mogrify raises $20 million to develop innovative cell therapies

The Cambridge-based medtech startup Mogrify has raised $20 million to develop cutting-edge, life-saving cell therapies to treat cancer, autoimmune, respiratory, and muscoskeletal diseases, according to TechCrunch.  After raising $4 million in seed funding earlier this year, they’ve now raised another $16 million...

Visa, Mastercard, and eBay abandon Facebook’s Libra cryptocurrency project

Facebook’s Libra cryptocurrency project suffered a major setback on Friday with the withdrawal of Visa, MasterCard, eBay, and other payment firms, according to BBC News and Ars Technica. PayPal had already announced plans to withdraw from the project last week. The companies were...

German startup Lilium reportedly seeks over €450m in funding for air taxis

The German “flying car” startup Lilium is talking to investors in an effort to raise up to $500 million (€453 million) in a new funding round, sources told TechCrunch. Fundraising on that scale would mark the most capital yet raised by...

innovation

De La Rue’s Bid to Return to Circulation

De La Rue, the British firm which has printed roughly a third of all banknotes currently in circulation, has recently come to be better known for its long list of scandals. Last year, the company was left red-faced after it...

UK medtech startup Mogrify raises $20 million to develop innovative cell therapies

The Cambridge-based medtech startup Mogrify has raised $20 million to develop cutting-edge, life-saving cell therapies to treat cancer, autoimmune, respiratory, and muscoskeletal diseases, according to TechCrunch.  After raising $4 million in seed funding earlier this year, they’ve now raised another $16 million...

finance

De La Rue’s Bid to Return to Circulation

De La Rue, the British firm which has printed roughly a third of all banknotes currently in circulation, has recently come to be better known for its long list of scandals. Last year, the company was left red-faced after it...

UK medtech startup Mogrify raises $20 million to develop innovative cell therapies

The Cambridge-based medtech startup Mogrify has raised $20 million to develop cutting-edge, life-saving cell therapies to treat cancer, autoimmune, respiratory, and muscoskeletal diseases, according to TechCrunch.  After raising $4 million in seed funding earlier this year, they’ve now raised another $16 million...

intellectual-property

Google will remove news previews from search results in France, to avoid paying publishers

Google has opted to no longer display excerpts of news articles from European publishers in its search results in France, in order to avoid paying the publishers, as required by new EU copyright rules, according to Politico.  Article 15 of the...

#FRENCHTECHFRIDAY: Why France’s startups can no longer “Pitch”

A strange battle is taking place in France right now. A cake maker is threatening startups of legal action for using the word “pitch”. This could seem like a comical slip-up if it weren’t, in fact, tragic for France’s image...