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Lending Club plans IPO -- maybe within 18 months

PARIS -- Lending Club, a startup that connects people who want to borrow money with those who want to lend it, is profitable and plans to go public.

Chief Executive Renaud Laplanche discussed the initial public offering at the LeWeb conference here. "We're planning on going public in the next few years," he said in an on-stage interview, then confirmed he'd earlier said 18 months.

An IPO of course brings new funds, though Lending Club currently has $50 million in cash, but Laplanche said he wants to go public for the higher profile it brings. "… Read more

For the Internet of things, a cheap but slow network

PARIS -- Wi-Fi's range is too short, 3G and 4G are too expensive, and both use too much power. A French start-up called Sigfox, says it's licked these network problems -- at least for the idea called the Internet of things.

The Internet of things involves networking countless devices such as cars, toys, heart rate monitors, and traffic lights. These devices may not necessarily need the network capacity of a smartphone used to watch videos, but they need to connect from all over and they need to run on a small battery.

Sigfox's network, using a technology … Read more

Mobile apps outpace the Web and neck-in-neck with TV

It looks like a four-year-old industry is hijacking one that has been around for six decades.

According to mobile analytics firm Flurry, the time people spend on mobile apps is now nearly neck-in-neck with time spent watching television.

"With new content released via thousands of new apps each day, we expect this trend to continue," Flurry CEO Simon Khalaf wrote in a blog post today. "In fact, we ultimately expect apps on tablets and smartphones to challenge broadcast television as the dominant channel for media consumption."

Flurry's numbers, which are based on data from more … Read more

What inspires EC's Neelie Kroes? Angry Birds

PARIS -- It began with a meeting this week between two Finns from Angry Birds maker Rovio Mobile and Neelie Kroes, the vice president of the European Commission's digital agenda. It ended with a jumble of politicians trying to learn what they could do to make Europe more economically vital in the digital age.

"Please skip the next appointment. I need more time with these guys," Kroes told her staff, then called vice ministers and other officials into the meeting. "In three hours we had a list to do for ourselves, and also for getting inspiration. … Read more

Facebook touts app numbers at Paris confab

It seems Facebook's app world is getting pretty big.

The social-networking giant today said there are now more than 350 apps on its Web site, with more than 1 million monthly active users each.

On the mobile side, nearly 200,000 iPhone and Android apps are integrated with Facebook, including 9 of the top 10 grossing iPhone apps. Additionally, more than 45 percent of the top 400 grossing iOS apps use the Facebook SDK, the company said.

Facebook, which is at the LeWeb conference this week in Paris, also revealed that Paris has become one of the top locations … Read more

Indiegogo moves crowdfunding business beyond USA

PARIS -- Indiegogo, a site that lets people fund projects and companies in exchange for assorted products and perks, is expanding internationally.

Co-founder Danae Ringelmann announced today at the LeWeb conference here that the company today started accepting payments in euros, British pounds, and Canadian dollars, not just U.S. dollars, and has versions of the Web site in German and French.

"Thirty percent of our business is outside U.S., but it's all been in English in U.S. dollars," Ringelmann said. Internationalization of the business will make Indiegogo work more easily elsewhere. "If you'… Read more

Feeling remote? Try a $2,000 telepresence robot

PARIS -- For telecommuters who just aren't happy with Skype videoconferences or Google+ hangouts, why not try a telepresence robot?

David Cann, co-founder and chief executive of Double Robotics, showed off such a beast today here at the LeWeb show. The $2,000 design looks, in Cann's words, like an iPad on a Segway.

The robot, called Double, is basically a mobile videoconferencing device. On the bottom is a pair of wheels and a motor; in the middle a thin stalk; and on the top a bracket with an iPad. The operator can control the robot remotely, steering … Read more

YouSendIt CEO: Beware the Silicon Valley bubble

PARIS -- Silicon Valley is famed for its role in nurturing startups, but companies there often suffer problems from not looking beyond the insular region to the rest of the world.

So warned Brad Garlinghouse, chief executive of YouSendIt -- one of those companies in Silicon Valley "echo chamber" -- speaking here at the LeWeb conference.

"The hype factor that has impacted Silicon Valley is an unhealthy thing," Garlinghouse said. "Companies focus more on the hype than building a great experience."

Garlinghouse is a high-profile voice in the echo chamber. Perhaps his greatest claim … Read more

Nokia puts color first with new Lumia 620 Windows phone

PARIS -- Nokia announced a new lower-end Windows Phone today, the $249 Nokia Lumia 620, hoping customers will be drawn to its rounded corners and bright colors when it launches in January of 2013.

The Lumia 620 is a 3G model with a 3.8-inch screen, 1GHz dual-core Snapdragon S4 processor, a back camera that'll shoot 720p video, a 5-megapixel front camera for video chat, near-field communications (NFC) technology, and loudspeakers, the company said. But Marko Ahtisaari, Nokia's executive vice president of design, put the new colors front and center as he unveiled the phone at the LeWeb … Read more

Dropbox plans Windows 8 touch support

PARIS -- Dropbox plans to launch a version of its software that will let Windows 8 customers use the file-sharing service on the Microsoft's new operating system.

"We are going to be launching our client app for Windows 8," said Aditya Agarwal, Dropbox's vice president of engineering, speaking at the LeWeb conference here. The software will of course work in the traditional desktop mode shared with earlier Windows versions, but also with the new touch-centric user interface of Windows 8 spotlighted with Microsoft's new Surface tablet, he said.

The move isn't a major surprise; … Read more