[TL;DR] Tech news that you shouldn’t miss this 04/12
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.
Facing the US Congress, Mark Zuckerberg let the storm pass. In front of the elected representatives of the House of Representatives, the tone hardened against the creator of Facebook.
Why this is important: The boss of Facebook can return to Silicon Valley with the feeling of duty accomplished. Certainly, all was not rosy, far from it, but the creator of the social network with 2 billion members in the world avoided the worst, namely the implementation of binding emergency measures for the economic model of Facebook. However, the threat of regulation is becoming more and more heavy on the shoulders of Mark Zuckerberg and the leaders of other GAFAMs. Although Mark Zuckerberg’s speech did not really convince US senators and deputies, the billionaire scored points in Congress by speaking out in favor of a bill, called the “Honest Ads Act”, a text that provides to impose the same regulations on political advertising online as in the press.
WeSPRINT is raising 2.9 million euros to support around a hundred start-ups in the south of France by 2020. To date, the accelerator holds stakes in 21 start-ups.
Why this is important: This funding round should allow WeSPRINT to extend its scope of action in the south of France by opening an additional branch in a third city, after Montpellier and Toulouse. By strengthening its system, the accelerator has set itself the goal of supporting around a hundred start-ups by 2020 in the south of France. With the support of WeSPRINT, start-ups are supported for four months in the accelerator’s premises and then advised afterwards.
Apple Music hits 40 million paying subscribers. An internal memo also announces the appointment of a new vice president for Apple’s music streaming service.
Why this is important: Apple Music now has 48 million subscribers, up from 30 million in September 2017, in 115 countries. Among these 48 million, 40 million of them are paying. And after The Wall Street Journal, Apple would grow even faster than its rival Spotify – which has 157 million subscribers, including 71 million paying – with a monthly rate of 5%, against 2% for the Swede in February.