European entrepreneurs launch €250-million Plural tech fund
European entrepreneurs have come up with the launch of Plural, a 250-million-euro tech fund to support European tech companies.
Four European business people, including the influential Taavet Hinrikus, the co-founder of the funds transfer enterprise Wise Plc (WISEa.L), announced Plural's launch,... Read more
Aircall again earns over $100 million in annual revenue
Call center software company, Aircall has reportedly topped 100 million dollars in annual recurring revenue.
Aircall reported annual recurring revenue of over $100 million and plans to grow in Madrid and Singapore as it prepares for a potential stock market IPO.
In addition, Aircall stated th... Read more
Macron vows to boost the French ecosystem for startups
The newly re-elected French President promises to quadruple the number of French unicorns by 2030.
French President Emmanuel Macron said on Friday he was hoping for a surge in the number of French tech unicorns by 2030. Unicorn is industry slang for a privately held startup valued north of $1 bi... Read more
European and US regulators are worried about Russian-sponsored cyber-attacks on banks
The European Central Bank is warning banks to be ready for a potential Russian-sponsored cyberattack as tensions about Ukraine mount ever higher. Reuters reported that two people with knowledge of the matter said the region is bracing for a conflict's financial impact.
The stand-off between Russ... Read more
Macron calls on EU to take action against tech and climate challenges
As France takes over the EU Council leadership, President Emmanuel Macron has called for renewed action on tech and climate challenges.
France’s President, Emmanuel Macron, has stated that the countries in the EU need to come together and tackle the digital transformation and climate crisis, a... Read more
France gets its 25th tech unicorn, reaching Macron’s goal early
France announces its 25th privately owned startup valued over $1 billion reaching government set goals three years earlier.
A unicorn is a privately held startup that has a value of over $1billion. The President of France, Emmanuel Macron, aimed for France to have 25 unicorn companies before 202... Read more
Macron’s Ireland visit will see him push the proposed global tax deal
In Emmanuel Macron’s first visit to Ireland since entering office, he'll meet Irish President Michael Higgins and Irish Taoiseach Micheál Martin to discuss Afghanistan, Brexit, and taxation. Higgins and Macron will have common ground to start talks on taxation, having stood up to Boris Johnson o... Read more
Tech Leaders have a new strategy to create tech giants in Europe
Will they ever give Amazon, Facebook, Google and Twitter a literal run for their money?
As we reported yesterday, 2020 is proving to be a banner year for EU tech startups. European tech firms are seeing massive growth in funding, and that is also fueling growth. The performance in this sector is... Read more
Macron wants EU-wide tech company initiative to create tech giants
France's president, Emmanuel Macron, outlined an ambitious plan for the European Union to create its own tech giants worth over 100 billion euros (over $120 billion) in valuation. The plan is to create ten of them to compete with the U.S. companies that dominate the tech industry across the globe.
... Read more
France’s Macron tells Google and Microsoft to embrace EU rules
President Emmanuel Macron has a warning for some of the big tech companies. He wants them to get on board with the European Union’s efforts to regulate the tech industry.
In a call with Microsoft's CEO, Satya Nadella, and Alphabet's CEO Sundar Pichai on Monday, Macron told them that any unfair... Read more