Every evening, the best of Tech news is in the TL; DR of FrenchWeb.
TL; DR (invariable acronym) (21st century): initials of “too long; didn’t read“,
either literally “too long ; not read“
1. (Internet) To express that the message that was sent was not read because it was too long.
2. (Internet) To express that the following is a summary of the text too long.
Linkfluence raises 18 million euros and offers itself Scoop.it. On the occasion of this operation, Guillaume Decugis, co-founder of Scoop.it, takes the head of Linkfluence.
Why this is important: This funding should allow Linkfluence to strengthen its R&D pole and continue its international expansion, with an emphasis on the United States through the takeover of Scoop.it. This acquisition allows Linkfluence to gain a foothold in North America. To date, the French company has more than 500 clients and has six offices around the world (Paris, London, Düsseldorf, Shanghai, Singapore and San Francisco).Facebook hacking: “French accounts are concerned,” according to Mounir Mahjoubi. Up to 90 million accounts could be affected. These were normally disconnected during the night from Thursday to Friday.
Why this is important: The British company Deliveroo, specializing in the delivery of prepared meals, on Monday unveiled mixed annual results for 2017, with a widening of its losses but a jump in its activity. This young company created in 2013 reveals its accounts for the first time in its history and after recent press reports suggesting that it is arousing the envy of the American group of VTC Uber. As is often the case with this type of developing company, the massive investments required for its growth weigh on profitability. In 2017, Deliveroo suffered a pre-tax loss of 184.7 million pounds (207.8 million euros), down from 129.1 million a year earlier, according to a statement.
Accusation of Fraud: Elon Musk saves the furniture. The American entrepreneur must in particular resign from his post of chairman of the board of directors but keep his post of CEO.
Why this is important: Accused of fraud by the Securities and Exchange Commission (SEC), the emblematic boss of Tesla reached an agreement on Saturday, September 29 that allows him not to be completely ousted from his company. However, he retains a seat on the board and his position as CEO. He will not be able to seek re-election or accept a nomination as president for three years. On the financial side, Elon Musk and Tesla will each pay a penalty of $ 20 million. “Penalties of $ 40 million will be distributed to aggrieved investors in court-approved process“, Specifies the SEC in a press release. Note that Elon Musk does not have to admit or deny the SEC’s allegations as part of the deal. In the end, this compromise will therefore allow Tesla to better control the speeches of its CEO, while allowing Elon Musk, and his vision, to continue to represent the company.