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Search resuls for: "Frederic Duval"


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Microsoft said in a statement Monday that it's committing 4 billion euros ($4.3 billion) toward expanding its cloud and AI infrastructure in France, in addition to funding AI skilling and support for France's technology industry. The announcement was made during the "Choose France" summit, a gathering dedicated to encouraging foreign investment in France. Amazon, meanwhile, made a commitment of its own to invest 1.2 billion euros in France. Collectively, the commitments from Microsoft and Amazon to France amount to $5.6 billion of funding. In total, France reportedly bagged a record 15 billion euros of investment commitments from foreign companies at an annual "Choose France" summit on Monday.
Persons: it's, , Brad Smith, , , Frederic Duval, Duval, Emmanuel Macron, Macron, Redmond Organizations: Microsoft, Amazon, Facebook, FAIR, Mistral Locations: Athens, Greece, France, French, Mulhouse, Amazon's, Paris, Washington, Mistral
PARIS, June 27 (Reuters) - Online retailer Amazon.com (AMZN.O) has appealed to France's highest administrative court to overturn part of a law seeking to charge a minimum 3-euro ($3.3) delivery fee for books purchased online, it said on Tuesday. The law is due to come into effect in October and represents an increase to Amazon's previous charge of a single euro cent on book deliveries in France. Previous French governments have issued similar legislation, which has been aimed at protecting local, independent bookstores in the face of competition from Amazon. Amazon says such measures will hit lower-income people who may live in rural areas without any bookshops. Guillaume Husson, who heads the Syndicat de la Librairie Francaise bookshops union, criticised Amazon's move and said it showed how the giant online retailer wanted to have a monopoly on the online book market.
Persons: Frederic Duval, Guillaume Husson, Amazon's, Elizabeth Pineau, Emelia Sithole Organizations: Amazon.com, Amazon, French Ministry of Culture, Librairie Francaise, Thomson Locations: Amazon France, France
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