[TL;DR] Tech news that you shouldn’t miss this 06/19
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.
10 million euros for OnOff, the virtual operator launched by Taïg Khris. OnOff hosts phone numbers in the cloud to make them independent of a SIM card.
Why this is important: To date, the start-up operates in more than 20 countries around the world and claims more than 2 million downloads for its mobile application. The mobile operator is on the way to exceeding the milestone of one billion SMS exchanged by its users. With this funding round, OnOff plans to invest massively in marketing and R&D to accelerate its development. This funding is accompanied by the launch of new offers with unlimited calling plans to Europe (mobile and fixed) and a version suitable for computers and tablets. At the end of 2018, the company also plans to launch a version dedicated to businesses.
Renault seizes iCabbi to accelerate in new mobility services. The Irish company is developing a solution to optimize the management of the vehicle fleets of taxi and VTC companies.
Why this is important: iCabbi has developed software that allows taxi and limousine companies based in Ireland, United Kingdom, United States and Canada to manage their trip planning and thereby increase their income. Indeed, the solution allows them to calculate in real time the routes of their customers and the availability of their drivers. According to the Irish company, its algorithm is capable of managing 3.5 million trips per week, a technology used today by 70,000 taxis and VTCs around the world. With this acquisition, Renault is taking another step forward in mobility services with the desire to make RCI Bank and Services a B2B mobility operator.
ezCater raises $ 100 million to simplify the organization of corporate buffets. The American company claims more than 60,000 partner restaurants and operates in nearly 23,000 cities in the United States.
Why this is important: The Boston-based company has designed a platform that connects restaurants, caterers, and delivery people with businesses looking to host a business lunch or buffet. According to Stefania Mallett, co-founder and CEO of ezCater, the corporate catering market in the United States is worth around $ 22 billion and is currently growing. This funding round should enable ezCater to accelerate its development, in particular by expanding its circle of partner restaurants in the United States. To boost its growth, the company is also considering expanding abroad. Canada seems the most logical option for the company, but the first countries of focus are expected to be announced this summer.
Connected speakers: Amazon launches Alexa for Hospitality to conquer the hospitality sector. The service has already convinced the Marriott International group, which will deploy it in some of its establishments from this summer.
Why this is important: Concretely, how customers use Amazon Echo in their rooms will depend a lot on the creativity of hoteliers. They will be able to activate and customize a range of functions as they wish. Amazon cites various applications: asking Alexa to find out the opening hours of the swimming pool, requesting room cleaning, calling a concierge, etc. The owners of accommodation places can also configure the enclosure so that it can be used. to control certain elements of the room such as light, heating, curtains, television, etc.
BitTorrent bought back 140 million dollars by a blockchain entrepreneur. Created in 2001, the BitTorrent peer-to-peer data transfer protocol is one of the most widely used, but the company has never been able to find its killer product.
Why this is important: How Justin Sun plans to use BitTorrent has yet to be disclosed, but the buyout fits the entrepreneur’s plans. Past by the company Ripple, creator of the cryptocurrency XRP, Justin Sun founded Tron and its cryptocurrency TRX. Its goal is to build “a truly decentralized Internet in its infrastructure“. For this, Tron intends in particular to use peer-to-peer technology. Tron is particularly interested in the entertainment industry. Using blockchain technology, Tron wants to create an entertainment ecosystem with decentralized content. The goal is to allow content creators around the world to share their work freely.