Paris 19:47 (CET) Thu 12/12     |     Silicon Valley 10:47 (PST) Thu 12/12

Paris startup Outsight raises €18 million to develop 3D sensor cameras for smart cities and self-driving cars

The Paris-based startup Outsight has raised €18 million in seed funding, tying for the largest seed funding round in Europe this year, to develop AI-powered, 3D sensor cameras for drones, autonomous vehicles, and smart city infrastructure, according to Venture Beat. Outsight’s...

Regulators should prohibit cryptocurrencies like Libra, EU finance ministers say in joint statement

Digital “stablecoin” currencies like Facebook’s Libra project shouldn’t be permitted until regulators can assess and address the risks involved, according to a joint statement from Europe’s finance ministers. The statement solidifies past skepticism voiced by EU authorities, and likely amounts to a de...

UK startup Otta raises £850k in seed funding, to help job seekers find the most relevant opportunities

The UK-based startup Otta has raised £850,000 in seed funding for its job search and recruitment platform, according to TechCrunch. The company’s platform prioritizes the needs of job seekers, an approach they say is long overdue in a recruitment market worth...

Boris Johnson signals he could favor excluding Huawei from the UK’s 5G networks

UK Prime Minister Boris Johnson has signaled that he shares US security concerns over involving the Chinese firm telecom Huawei in Britain’s 5G network, according to The Guardian.  His statement suggests he could move to exclude the company from a role...

Fintech startup PixPay offers debit cards for teens, with tools for parents

The French fintech startup PixPay is offering a new alternative for kids and their parents to manage money, instead of cash or a conventional bank account.  Unlike with most other digital challenger banks such as Revolut, kids 10 years and...

innovation

Paris startup Outsight raises €18 million to develop 3D sensor cameras for smart cities and self-driving cars

The Paris-based startup Outsight has raised €18 million in seed funding, tying for the largest seed funding round in Europe this year, to develop AI-powered, 3D sensor cameras for drones, autonomous vehicles, and smart city infrastructure, according to Venture Beat. Outsight’s...

UK startup Otta raises £850k in seed funding, to help job seekers find the most relevant opportunities

The UK-based startup Otta has raised £850,000 in seed funding for its job search and recruitment platform, according to TechCrunch. The company’s platform prioritizes the needs of job seekers, an approach they say is long overdue in a recruitment market worth...

finance

Paris startup Outsight raises €18 million to develop 3D sensor cameras for smart cities and self-driving cars

The Paris-based startup Outsight has raised €18 million in seed funding, tying for the largest seed funding round in Europe this year, to develop AI-powered, 3D sensor cameras for drones, autonomous vehicles, and smart city infrastructure, according to Venture Beat. Outsight’s...

Regulators should prohibit cryptocurrencies like Libra, EU finance ministers say in joint statement

Digital “stablecoin” currencies like Facebook’s Libra project shouldn’t be permitted until regulators can assess and address the risks involved, according to a joint statement from Europe’s finance ministers. The statement solidifies past skepticism voiced by EU authorities, and likely amounts to a de...

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...