Entrepreneurs at the LeWeb tech conference tell minister Arnaud Montebourg that the country is discouraging entrepreneurs and holding back employment. He responds, "We are not California. We are French."
The design e-commerce site says the cuts are due to its recent decision to transition away from its flash-sale business model.
The rapidly growing e-commerce site, which is based in New York, will increase its focus on consumers in India.
TechCrunch says stealth search engine Blekko has raised $3 million in a second round of financing.
Maker of digital health and fitness devices says it will use the proceeds to grow its workforce.
The founder of the social network for bloggers, which sold to Yahoo last year, plans to launch a new company called Gnip.
Jonathan Abrams' latest project raises seed round from investors including 500 Startups' Dave McClure.
The popular design-focused e-commerce site is attracting big money and racking up a user base.
The second outing of the Silicon Valley reality show on Bravo featured pain, more pain and even more pain. Oh, and 26-year-old worries about biological clocks.
A new effort is under way to take the sting out of documenting early-stage venture financing. But that doesn't mean you don't have to pay attention.