Amazon, Apple stay away from new French initiative to set principles for Big Tech

PARIS (Reuters) – U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes, government officials said on Monday.

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. REUTERS

French President Emmanuel Macron has sought for the past three years to cajole tech giants into collaborating with governments on a series of global challenges such as fighting hate speech online, preserving privacy or contributing to state coffers.

Amid a public outcry about technology groups’ good fortunes during the coronavirus pandemic this year, Macron’s advisers said on Monday that the president had asked tech companies to sign up to a new initiative called “Tech for Good Call” underlining principles for the post-COVID world.

The French government released a list of 75 executives of tech companies

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Google signs copyright agreements with six French newspapers

FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann

PARIS (Reuters) – Alphabet’s Google has signed copyright agreements with six French newspapers and magazines, including national dailies Le Monde and Le Figaro, the U.S. tech company said in a post on its blog on Thursday.

The announcement follows months of bargaining between Google, French publishers and news agencies over how to apply revamped EU copyright rules, which allow publishers to demand a fee from online platforms showing extracts of their news.

The world’s biggest search engine initially fought against the idea of paying publishers for the content, saying their websites benefited from greater traffic brought by Google.

The agreements with the six French newspapers are based on criteria such as the publisher’s “contribution to political and general information,” the daily volume of publications, the monthly internet traffic and

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French drugmaker Sanofi has just invested $59 million in biotech investor Jeito Capital to fund innovation in the biopharma pipeline



logo: FILE PHOTO: Sanofi logo is seen in Paris Reuters


© Reuters
FILE PHOTO: Sanofi logo is seen in Paris Reuters

  • Sanofi, one of the world’s biggest pharmaceutical companies, has invested €50 million in new French-based VC Jeito Capital.
  • Jeito CEO Rafaèle Tordjman, managing director of innovation at Jeito Capital, spoke with Business Insider about how the fund plans to invest the money.
  • Jeito’s first fund has already invested in two companies, with plans to invest in a further 4-5 in the next year.
  • Visit Business Insider’s homepage for more stories.

France’s Sanofi, one of the world’s biggest pharmaceutical companies, has invested €50 million ($59 million) in venture capital firm Jeito Capital, Jeito CEO Rafaèle Tordjman said on Friday.

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Jeito Capital, a Paris-based venture capital firm, plans to invest in biopharma and biotech companies across all different funding stages. Sanofi is the world’s fifth-largest drugmaker by prescription sales. Its better known over-the-counter brands include anti-acid products such as

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