[TL;DR] Tech news that you shouldn’t miss this 05/24

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.

TLDR Tech news that you shouldnt miss this 0524

Uber cut its loss in half in the first quarter. The company has also announced its willingness to issue new securities, bringing its valuation to $ 62 billion.

Why this is important: Over the first three months of the year, Uber’s loss was reduced to $ 577 million, against $ 822 million over the same period last year and $ 741 million in the last quarter of 2017. The loss expressed in EBITDA (before interest, taxes, depreciation and amortization) was cut almost in half to $ 304 million, compared to $ 597 million in the same period last year. The company, which has been run by Dara Khosrowshahi since September 2017, reported first-quarter revenue of $ 2.5 billion, up 67% from a year ago. During the same period, the proceeds of the races jumped 55% to reach 11.3 billion dollars.

p><h3 class=Notilo Plus raises 1.9 million euros to launch its autonomous underwater drone. The Grenoble start-up now wants to move on to the industrialization phase.

Why this is important: Notilos Plus claims to be the first company to offer a consumer underwater drone. Called “iBubble”, it is aimed at divers to allow them to film their performances in deep water in the best conditions. Thanks to its patented underwater tracking technology, the machine works autonomously to geolocate and thus follow the diver in order to film him permanently.

TLDR Tech news that you shouldnt miss this 0524
Credits: Notilo Plus.

Riminder, $ 2.3 million to deploy in the United States. The Parisian start-up was born with the ambition to use artificial intelligence at the service of recruitment.

Why this is important: With this funding round, Riminder plans to open its first office in the United States. This American branch will be based in San Francisco and should allow the start-up to strengthen its commercial presence across the Atlantic. At the same time, the company intends to step up its research efforts. It has also recently opened its API to the public to offer the possibility to HR software players to add a layer of artificial intelligence in their products to optimize the use of data. To date, Riminder processes more than 50,000 applications per week for a hundred companies around the world.

TLDR Tech news that you shouldnt miss this 0524
Credits: Riminder.

85% of French Internet users bought online in the first quarter. The Médiamétrie e-commerce audience barometer is focusing this quarter on changes in behavior in food retail.

Why this is important: 47% of Internet users have already bought a food product on the Internet. If, overall, online shoppers are slightly more numerous among men than among women, the reverse is true for food, with a slightly higher proportion of female online shoppers (48% versus 46%). Individuals aged 35 to 49 and CSP + are particularly adept at buying food products on the Internet, with 59% and 60% respectively of them having used it.

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