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.
Bolloré and the Chinese giant Alibaba announce a “global partnership”. Alibaba Cloud will provide Bolloré with “cloud services, big data, artificial intelligence, content distribution networks and content solutions”. (AFP)
Why this is important: In the staggered 2017-18 fiscal year that ended in March, Alibaba’s revenue jumped 58 percent to $ 39.9 billion. The Bolloré group for its part achieved sales of 18.3 billion euros in 2017, up 82% thanks to the integration of Vivendi.
Webedia accelerates in the creation of content for Millennials with the takeover of an American company. Full Fathom Five is a transmedia production company behind successful franchises and books for young adults.
Why this is important: Founded in 2010 by author James Frey, Full Fathom Five can be considered a transmedia production company. “Since its inception, Full Fathom Five has developed more than 50 books, TV shows, movies and video games,” reads its website. She is notably at the origin of successful franchises and books for young adults such as The Lorien Legacies from which comes the film Number four produced in 2011 by Michael Bay and DreamWorks studios or the book Endgame.
Facebook gets hold of startup Bloomsbury AI to fight fake news. With this acquisition, the amount of which would be between $ 23 and $ 30 million, Facebook is acquiring specialists in automatic natural language processing.
Why this is important: Quartz claims 19 million unique monthly visitors, 60% of which are international, and more than 250,000 subscribers to the daily newsletter. Launched in 2012, the title acquired its letters of nobility thanks to its story-telling and its innovative formats (bots, “obsessions”…), notably exploiting data in its journalism exercise.