[TL;DR] Tech news that you shouldn’t miss this 06/18
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.
Google is injecting $ 550 million into Chinese giant JD.com. The Alphabet subsidiary will receive in exchange 27.1 million JD.com class A common shares.
Why this is important: For JD.com, this financial contribution from Google constitutes a new asset to weaken the juggernaut Alibaba. Indeed, the partnership between the two companies includes the promotion of products sold by JD.com on Google Shopping, the service of the American firm which allows users to search for products on e-commerce sites and compare prices. In this way, JD.com could gain customers in Europe and the United States as trade tensions are at their height between Beijing and Washington. At the same time, this investment is further proof of Google’s interest in China. In December 2017, Google also announced the opening of a research center dedicated to artificial intelligence in Beijing.
$ 13 million for Tessian, the startup that uses artificial intelligence to verify emails. Tessian’s technology scans corporate emails to recognize common patterns and detect anomalies.
Why this is important: Tessian uses machine learning to detect and correct errors in email addresses. A solution aimed at companies that need to send sensitive information, to ensure that it is not given to another person by mistake. Tessian plans to invest in product development and expand its marketing and sales divisions.
Chain Accelerator wants to get blockchain nuggets off the ground at Station F. The blockchain market is expected to grow from $ 706 million last year to more than $ 60 billion by 2024.
Why this is important: The accelerator, which claims to be the first of its kind in Europe, has already created a selection of 13 start-ups, which will be supported for six months. In exchange for this support, the start-ups supported by Chain Accelerator must pay 1,200 euros per month and let the structure enter their capital up to 5%. For now, the 13 companies supported have accumulated a total of 5 million euros raised. The goal is to reach 100 million euros by December.
Microsoft acquires Flipgrid to catch up in the education market dominated by Google. Flipgrid, a dedicated learning app that uses short videos to create collaborative courses, claims 20 million users.
Why this is important: The app has already been integrated into Microsoft Teams within Office 365 for education. It will be free for schools. In this segment, Microsoft also has to face Apple. The Cupertino company has also decided to reinvest in the field. In March, Apple also organized a keynote focused on the education market, which had not happened since 2012. The company had notably presented an iPad and various features designed for teachers and students.