[TL;DR] Tech news that you shouldn’t miss this 04/06

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,
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.

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Microsoft gets its hands on GitHub to offer itself the largest ecosystem of developers in the world. The transaction amounted to 7.5 billion dollars.

Why this is important: Microsoft’s interest in GitHub is not surprising, as the Redmond firm is one of the main contributors to the platform, which is also used by Amazon, Facebook, Apple and Google. While Microsoft initially saw open source as a threat to its business model, the situation has changed under the aegis of Satya Nadella. The boss of Microsoft is indeed actively committed to open source, which has resulted in the posting of several projects on GitHub in recent years. With this strategy, Satya Nadella wants to reduce Microsoft’s dependence on its Windows operating system to favor more internal development on Linux. In this context, affording a large ecosystem of developers made sense for the American firm.

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Credits: Microsoft.

PerfectStay raises 15 million euros to offer exclusive travel offers to major brands. The young shoot wants to focus on Europe, especially in the United Kingdom and Germany.

Why this is important: PerfectStay is a B2B2C tour operator. The company has positioned itself in this segment by offering brands, particularly in e-commerce, air transport and the media, a turnkey service that allows them to present pre-packaged offers. These are based on a selection of hotels at exclusive prices which are combined with the full range of available flights. For now, PerfectStay has already won over brands like Air France, Vente-privée, Emirates and Corsair.

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Facebook has let Apple, Amazon, Microsoft and Samsung access its users’ data without their consent. These revelations undermine the position of Mark Zuckerberg expressed before the US Congress in April.

Why this is important: Obviously, Facebook’s partners, such as Apple, Amazon and Microsoft, have enjoyed a higher status than that of third-party developers, whose capacities were severely restricted from 2014 to ensure better protection of users’ personal data. With this controversy, one more, the credibility of Mark Zuckerberg at the head of Facebook may once again be called into question. For the time being, the billionaire has only been shown the straps to the American Congress and the European Parliament, but the risk of the establishment of a regulation slowing the growth of the social network is getting closer and closer.

p><h3 class=Sézane brings an American investor into its capital. The General Atlantic fund has the particularity of investing only in companies that have an organic growth rate greater than 20% per year.

Why this is important: Thanks to this operation, Sézane wishes to support its development and pursue its technological and logistical investments. Founded in 2013 by Morgane Sézalory, the brand has the particularity of being born on the Internet, where it generates 92% of its turnover, and of having gradually rolled out its concept in physical points of sale.

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Morgane Sézalory, founder of Sézane.
Credit: Sézane.

International money transfer: BPCE will integrate the TransferWise solution. It will also be the group’s first use case of Instant Payment, which allows the receiving and issuing of transfers in real time.

Why this is important: TransferWise has entered into a partnership with Natixis, the BPCE subsidiary, which will allow customers of the group’s banks, savings banks and Banque Populaire banks, to use the low-cost international money transfer service of British FinTech. . This is TransferWise’s first partnership with such a large financial institution, potentially giving it access to 15.1 million additional customers. The TransferWise platform, launched in 2011, claims 3 million users. The British start-up hopes to reiterate partnerships of this type with other financial institutions which can provide it with a significant lever for growth.

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Kristo Käärmann and Taavet Hinrikus, co-founders of TransferWise.
Credit: TransferWise