TECH CRUNCH - Apr 10 - The lower house of the French parliament has voted in favor of the new tax on tech giants. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. Economy Minister Bruno Le Maire has been lobbying other European countries so that big tech companies would stop optimizing their European corporate structure to lower their effective tax rate. This tax is specifically designed for tech companies in two categories - marketplace (Amazon, Uber, Airbnb) and advertising (Facebook, Google, Criteo). France expects to generate €400M in revenue with this new tax in 2019.