[TL;DR] Tech news that you shouldn’t miss this 03/22

by bold-lichterman

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 “,
or 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

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After several days of silence, Mark Zuckerberg finally speaks on the Cambridge Analytica affair. The boss of the social network has apologized to users.

Why this is important: With his first statements since the start of the Cambridge Analytica affair, Mark Zuckerberg hopes to drop the tension around Facebook a notch. Since the first revelations of Guardian and New York Times, Facebook has already lost more than $ 45 billion in market capitalization on Wall Street. This scandal also has wider consequences since Mark Zuckerberg was summoned to London by a British parliamentary committee. Brussels also took up the case and called on the boss of Facebook to come and explain himself to the European Parliament.

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Credits: Facebook.

Revolut launches single-use virtual cards to fight online fraud. The British neobank claims 1.5 million users in Europe, including 220,000 in France.

Why this is important: With this new device, Revolut customers will have the option of not giving out their real banking information to better protect themselves against online fraud. Once the transaction is completed, the site on which the payment is made will therefore no longer be able to bill the Internet user, which consequently limits the risks of embezzlement. Ephemeral virtual cards come in addition to existing security devices on Revolut, such as blocking the card by geolocation, the possibility of blocking or unblocking physical cards or even the activation or deactivation of contactless payment.

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Credits: Revolut.

Salesforce is spending $ 6.5 billion to buy MuleSoft. This is the biggest acquisition in Salesforce history.

Why this is important: The acquisition of MuleSoft will allow Salesforce to complete its offer to access company data. If the CRM giant is at the forefront of predictive services and recommendations to improve customer relationship management, based on customer activity data, it lacks a brick to aggregate the data from the activity of the company. MuleSoft will fill this gap. This takeover should also allow Salesforce to achieve very ambitious goals for the coming years. And for good reason, in its quest to keep the competition at bay, the American publisher has the ambition to achieve a turnover of 60 billion dollars by 2034, almost six times that expected for 2018 ( $ 10.4 billion).

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Credits: Shutterstock.

Drones: China’s DJI is on the way to raising at least $ 500 million. This operation would value the company around 15 billion dollars.

Why this is important: This financing should be obtained in part by debt. This exercise would take place before an IPO. DJI is the world leader in the commercial and consumer drones sector and captures 70% of the market. But the company also has to face challenges, especially security. According to a study by Gartner, the drone market should reach 11.2 billion dollars by 2020. On the French side, the competitor is Parrot. But the company also had its share of difficulties.

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Credits: DJI.