Netflix attracted far fewer subscribers than expected in the second quarter.

Big Disappointment for Netflix that No Longer Attracts so Many Subscribers

Netflix, the streaming platform has only registered 2.7 million new paid subscriptions between April and June 2019, where it expected five million, and it even lost in the United States. Online video giant Netflix suffered an unexpected setback in the second quarter, attracting far fewer new subscribers than expected, just as the competition intensified. The sanction was immediate on […]

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The French Ministry of Finance has received more than 11 million euros from Apple. -

Apple Pays More than 11 Million Euros to French Tax Authorities

TAXATION: The taxation of US internet giants, such as Apple is a recurring issue of conflict between these companies and the French State Apple goes to checkout. The group paid 11.94 million euros to the French tax authorities, in addition to another payment of 576 million euros already made public last February, according to information from the Express / Expansion confirmed from […]

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Confronted with exacerbated competition and erosion of its subscribers in its historical market, the pay TV group Canal + wants to remove at least 500 positions in France, nearly 20% of its workforce in France.

Canal + France will Remove Nearly 500 Positions Through Voluntary Departures

The pay TV group, Canal + wants to cut 18% of its workforce in France, which currently stands at 2600 people. Canal + pay TV group announced Tuesday 9th July 2019, a “transformation project of its French activities” which will go through a voluntary redundancies plan “of up to 492 people, ” according to a statement. This represents a […]

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Conforama expects 1900 job cuts in France and 32 store closures

Conforama Expects 1900 Job Cuts in France and 32 Store Closures

A restructuring plan must be presented Tuesday 2nd July 2019 to the Central Works Council (CCE), according to unions CGT and FO. The group Conforama plans to eliminate 1,900 jobs in France in 2020, with the closure of 32 Conforama stores and that of the 10 stores of the Home Depot, did on Monday 1st July 2019 to the CGT and FO unions group. […]

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Netflix increases the price of its subscriptions in France

Netflix Increases the Price of its Subscriptions in France

The cost of the two most expensive subscriptions to the streaming platform, Netflix, increases for new users, Thursday 20th June 2019. And in a few weeks for subscribers. Action-reaction. After testing the price increase of its subscriptions among some of its users, Netflix goes to the next step. This Thursday, June 20, 2019, the standard subscription (two screens) officially passes from 10.99 to […]

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Facebook launches "Libra", its own virtual currency

Facebook Launches “Libra”, its Own Virtual Currency

Facebook is launching into cryptocurrency with “Libra”, a new means of payment that should particularly benefit the billion people “excluded” from the banking system Facebook will it fly with its 2.7 billion users with cryptocurrencies? In any case, this is his intention with “Libra”, a virtual currency meant to buy goods or send money as easily as an instant […]

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The social security deficit will widen in 2019

Social security: The Deficit will Plummet Again in 2019, According to the Commission des Comptes

SOCIAL: The deficit of the Social Security “would widen” between 1.7 and 4.4 billion euros The budget of the  Secu still has the lead in the wing. Returning last year to its lowest level in two decades, the deficit “would widen” again in 2019, between 1.7 and 4.4 billion euros, according to a summary of the Accounts Committee, […]

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Economy Minister Bruno Le Maire has spoken from Japan, two days after the failure of negotiations between Renault and competitor Fiat Chrysler

Renault: The French State says it is Ready to Reduce its Share in the Capital

The French manufacturer, Renault could see the state lower its stake in the capital. and could yield 15%, according to the Minister of Economy Bruno Le Maire. The priority is to “consolidate the alliance” Renault-Nissan before considering a rapprochement with another manufacturer, said Saturday the French Minister of Economy after the failure of negotiations between the diamond group and competitor […]

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