360° Coverage : French leader heads to Silicon Valley to talk tech

2 Updates

French leader heads to Silicon Valley to talk tech

Feb 12 2014, 12:08pm CST | by

SAN FRANCISCO (AP) — France's president was visiting San Francisco on Wednesday and meeting with Silicon Valley technology leaders, just days after a French regulator hit Google with...

Filed under: news

 
 
 

31 weeks ago

French leader heads to Silicon Valley to talk tech

Feb 12 2014, 12:08pm CST | by

SAN FRANCISCO (AP) — France's president was visiting San Francisco on Wednesday and meeting with Silicon Valley technology leaders, just days after a French regulator hit Google with an embarrassing regulatory slap and after years of efforts to wrest more taxes from tech companies.

Francois Hollande holds up the U.S. tech industry as an economic success that he hopes to replicate at home. But he's also been among the leaders of Europe's fight to prevent what the continent sees as a systematic attempt by tech firms to invade privacy and avoid paying their corporate fair share.

The French leader was meeting with tech kingpins, including Google's Eric Schmidt, Sheryl Sandberg of Facebook and Twitter's Jack Dorsey, on a West coast swing during his three-day state visit to the United States.

Those companies have faced scrutiny by European regulators over privacy, hate speech and data protection issues.

Over the weekend, Google posted a statement on its French website noting that France's digital privacy watchdog found the search giant in violation of rules on ensuring data privacy. In late 2012, Twitter agreed to pull racist and anti-Semitic tweets under a pair of French hash tags after a Jewish group threatened to sue the social network for running afoul of national laws against hate speech.

Hollande's advisers insist his first priority is to meet leading dynamos of American Internet innovation, even though the president would press France's principles on issues such as privacy, taxes and hate speech.

French companies are playing catch-up in Silicon Valley compared to counterparts from Germany, Finland and Ireland, one analyst said.

Burton Lee, a lecturer in European Entrepreneurship and Innovation at the Stanford University engineering school, said socialist Hollande "does not seem to deeply understand technology-based innovation, entrepreneurship or product design, and as a result they do not have adequate policy tools or frameworks to accelerate badly needed growth in their emerging tech sector."

He said Hollande's proposed 75 percent income tax on the wealthy has definitely created tension between the French administration and the nation's tech entrepreneur and angel investor communities.

___

AP writers Martha Mendoza in San Jose, and Lori Hinnant and Sylvie Corbet in Paris contributed to this report.

Source: AP Business

 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workfor ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/31" rel="author">Associated Press</a>
The Associated Press (AP) is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers.

 

blog comments powered by Disqus

Latest stories

NASA spacecraft to reach Mars this weekend
Washington, Sep 18 (IANS) US space agency NASA said Wednesday its Mars Atmosphere and Volatile Evolution (MAVEN) spacecraft will enter orbit around the Red Planet this weekend.
 
 
Russia's Gazprom to sign gas supply contract with China
Moscow, Sep 18 (IANS) Russian energy giant Gazprom have planned to sign a 30-year gas supply contract with China via the western route, the company's CEO Alexei Miller said Wednesday.
 
 
East African countries vow to preven Ebola
Nairobi, Sep 18 (IANS) Ministers of health, transport and immigration from five eastern African countries Wednesday vowed to strengthen measures that would prevent spread of Ebola virus in the region.
 
 
World Bank warns Ebola's economic impact in West Africa
Washington, Sep 18 (IANS) The Ebola virus that has become rampant in West Africa will enormously hurt fragile economic growth of the three hard-hit nations of Guinea, Liberia, and Sierra Leone if it goes unchecked, the World Bank warned Wednesday.
 
 
 

Latest from the Network

Beyonce, Jay Z working on new album?
Los Angeles, Sep 18 (IANS) Singer Beyoncé Knowles and her estranged husband-rapper Jay Z are reportedly teaming up to create a special album together. Karli Henriquez, vice president of Pop Programming at Dash Radio,...
Read more on Celebrity Balla
 
Mendes, Gosling cried after baby's birth
Los Angeles, Sep 18 (IANS) Actors Eva Mendes and Ryan Gosling got so emotional after the birth of their daughter that they burst into tears. The couple, who have been dating since September 2011, reportedly overcame...
Read more on Celebrity Balla
 
House okay's Obama's plan to train, equip Syrian rebels
Washington, Sep 18 (IANS) The US House of Representatives Wednesday approved President Barack Obama's plan to train and equip Syrian rebels as part of efforts to fight the Islamic State militant group. The chamber...
Read more on Politics Balla
 
Pro-Britain, independence supporters put final efforts
Edinburgh, Sep 18 (IANS) Both sides in the Scottish referendum campaign have held rallies Wednesday as they make their final efforts to win over undecided voters, BBC reported. Independence supporters attended a mass...
Read more on Politics Balla
 
Chad Kroeger and Avril Lavigne have trust issues
Avril Lavigne and Chad Kroeger reportedly have major trust issues. The couple, whose 14-month marriage is allegedly on the rocks, are said to have been ''fighting a lot'' in recent months because they are both very...
Read more on Celebrity Balla
 
Whitney Port is relaxed about wedding
Whitney Port says she never dreamed of having a ''fairytale wedding.'' The former 'The Hills' star, who is engaged to Tim Rosenman, insists she isn't stressed out about their upcoming nuptials and only recently started...
Read more on Celebrity Balla
 
Kristen Wigg is dating Scott Speedman
Kristen Wiig is rumored to be dating Scott Speedman. The 'Bridesmaids' star, who split from The Strokes rocker Fabrizio Moretti last year after 18-months together, and the former 'Felicity' actor have reportedly been ''...
Read more on Celebrity Balla
 
Ashley Tisdale French's wedding was 'romantic'
Ashley Tisdale French's wedding was ''rustic and romantic.'' The 29-year-old actress married rocker Christopher French near Santa Barbara, California last week, in front of 100 guests, including former '90210' star...
Read more on Celebrity Balla
 
Post motherhood, Hilary Duff feels 'strong as hell'
Los Angeles, Sep 18 (IANS) Singer-actress Hilary Duff says she has found new confidence after becoming a mother. The 26-year-old has a two-and-a-half-year-old son Luca Cruz. "One of the coolest things about being a...
Read more on Celebrity Balla
 
NASA spacecraft to reach Mars this weekend
Washington, Sep 18 (IANS) US space agency NASA said Wednesday its Mars Atmosphere and Volatile Evolution (MAVEN) spacecraft will enter orbit around the Red Planet this weekend. The spacecraft has completed a 10-month...
Read more on Apple Balla