French government vows to enforce ‘anti-UberPOP’ law to quell latest taxi uprising

Another day, another French taxi strike.  This time, the taxis were protesting against a ruling this past Friday that UberPOP could continue to operate in Paris. The only drawback to the ruling for Uber was that the court, in response to a deceptive advertising infraction in October,  banned them from advertising certain services which would result […]

In Paris, Uber fined €100K as advertising for UberPop declared illegal

In Paris, Uber fined €100K as advertising for UberPop declared illegal

A court decision ruled this week that advertising UberPop – Uber’s low cost peer to peer transport solution in Europe – fining the company €100,000. The case, which is independent of Uber’s ongoing negotiations with Taxi authorities, was brought forth by the anti-competition & fraud commission of the French Ministry of Economy, and Uber currently plans to appeal the […]

The pyramid of luxury consumption

The pyramid of luxury consumption

On the heels of Paris Fashion Week and the abundance of glitteratti strolling around in the balmy summer weather wearing ostentatious dresses (I saw one model that seemed to wearing a ball gown made of rubber tubes and hanging orbs), it seems appropriate to reflect on the stages of wearable luxury. Here’s how I see […]

Axelle Lemaire: “France has everything to be a leader in IoT”

The deputy Minister for Digital Economy Axelle Lemaire announced today at the Connected Conference in Paris the launch of a “Plan Industriel” dedicated to the Internet of Things. 21 des 34 plans de la Nouvelle France industrielle en ordre de marche — Axelle Lemaire (@axellelemaire) June 19, 2014 The “Plan Industriel” is one amongst […]

Supporting startups with a wealth tax break

I’ve been known to jokingly refer to this time of year the “easy money period” for startups in France. The reason for this is that late May and ultimately June 15 represent the filing deadlines for wealth tax in France. The French wealth tax, l’impôt de solidarité sur la fortune, or ISF for short, represents […]

France can now (legally) veto all acquisitions by foreign companies

The potential acquisition of Alstom by General Electric has made more than the usual headlines in France & around the world, notably due to the French government’s lobbying for German competitor Siemens to acquire the company’s ailing Energy division, currently valued at upwards of $17 Billion. For those without memory loss, this process may feel […]

Cloning or crying wolf? CSI Hidden Crimes VS Criminal Case

French gaming industry behemoth Ubisoft has just published CSI: Hidden Crimes on iOS and Android. Controversy is never far in the gaming industry, as games very often draw inspiration from their illustrious not-so-distant predecessors, and outright cloning is an ever-present worry (ask the Vlambeer guys). In this case, CSI Hidden Crimes uses mechanics that are […]

With growth in France, Spain & Belgium, last minute hotel reservation app VeryLastRoom raises €1.5 Million

Last minute hotel reservations startup VeryLastRoom has raised €1.5 Million from A Plus Finance, SIGMA & Extend AM, the startup announced this week. Launched in June of 2012, VeryLastRoom previously raised 400K€ from business angels, looking to provide its service in ‘every town in France’ – which they may very well have accomplished. The startup […]

“LaFrenchTech” to launch this week: the same bag of tricks or a real change in strategy?

This Thursday evening, ‘Startup Minister’ Fleur Pellerin will welcome members of the French tech community as she gives her voeux, a tradition in France akin to New Year’s Resolutions, during which she will talk about what she wishes for the French tech community in 2014. In addition to plaisanteries, Pellerin will officially announce La FrenchTech, an […]

French Senate holds a Bitcoin hearing to discuss risks & opportunities

This week the French Senate held a hearing to discuss the decentralized currency Bitcoin. As reported by Coindesk, the hearing, which was broadcasted live, featured high-profile French politicians as well as directors from the French Tresory, the Banque de France, the anti-trafficing authority TRACFN, the border-patrol authorities, and notably, Paymium co-founder Gonzague Grandval. Paymium runs Bitcoin Central, […]