French startups receive $4.4 Billion boost amid virus

As France sets up a package worth 4 billion euros ($4.4 billion) to help startups survive the Covid-19 crisis, the country’s digital minister tells Bloomberg that venture capital chiefs have pledged to hold their existing positions and even make new investments.
Cedric O also says France has not yet implemented the controversial mobile data backtracking of those suffering from the virus.
He spoke exclusively to Bloomberg’s Anna Edwards from Paris on “Bloomberg Markets: European Open.