[TL;DR] Tech news that you shouldn’t miss this 06/20
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.
Tiller collects 12 million euros to expand in Europe. The Parisian start-up claims 5,000 customers in 35 countries.
Why this is important: With this funding round, Tiller plans to finance its European expansion. The Parisian start-up addresses a European market that it estimates at more than 7.5 million traders. Already well established in France and Spain, the company intends to focus this year on Italy and Portugal before heading to Germany in 2019. This extension to the European market could result in opening up new offices abroad and acquisitions of local players. “Our ambition is to support 30,000 traders by 2020», Says Dimitri Farber, co-founder of Tiller.
The Senate adopts the taxation per kilometer for e-commerce. This involves taxing the delivery of e-commerce products, between the last place of storage and the final delivery point.
Why this is important: Parliamentarians voted to set up a variable tithe, from 1% to 2% of the price of the product, depending on the distance between the last warehouse and the place of delivery. For a distance less than 50 kilometers, the tax will be 1%. For a distance between 50 and 80 kilometers, the tax will be 1.5%. Finally, for a distance greater than 80 kilometers, it can reach 2%. A fixed minimum of 1 euro per product delivered is also provided. This distance will be declarative. The proposal must now be examined by the National Assembly.
$ 40 million for SpinLaunch’s space catapult. The American company is targeting a first launch in 2022.
Why this is important: SpinLaunch aims to revolutionize the space sector by removing the main constraint for sending satellites or crews into space: rockets that require a lot of fuel. How? ‘Or’ What ? By creating a machine, halfway between slingshot and catapult. Instead of relying on fuel, the California-based company wants to use kinetic energy, generated by an electric current, to generate enough acceleration to spin a launcher at over 8,000 km / h to propel it toward the space. The company could offer launches for $ 500,000 and would be able to perform multiple shots per day.
$ 27 million for the Calm meditation app, now valued at $ 250 million. The fund of actor Ashton Kutcher and Harry Styles, the former singer of the British boy band One Direction, took part in this round.
Why this is important: To date, Calm claims 26 million total downloads and 50,000 users every day. The company, which claims to be profitable, had sales of $ 22 million last year. Despite its good financial health, the American company must remain on its guard against increasingly intense competition in the wellness applications market. With this funding round, Calm plans to accelerate its development to increase its number of users around the world. The company aims to double its growth globally.
AT&T in talks to buy AppNexus, specialist in online advertising. The amount of the transaction should be around $ 1.6 billion and would allow AT&T to gain a foothold in the field to better compete with Google and Facebook.
Why this is important: Last week, during the validation by the American authorities of its takeover of Time Warner (since renamed WarnerMedia), AT&T did not hide its ambitions in the field of online advertising and announced the launch of a major platform advertising. This project therefore involves the acquisition of AppNexus. If it seems very difficult to compete with Google and Facebook, this takeover could nevertheless provide AT&T with the necessary tools to optimize the monetization of the content recently acquired with the takeover of WarnerMedia.
The Aaptiv audio fitness app, backed by Amazon and Disney, raises $ 22 million. A round table that values the company at more than 200 million dollars.
Why this is important: With this fundraising, Aaptiv will be able to extend its range of products and win over new users. The start-up also wants to improve its application, in particular to refine its technology for recommending courses to users. The company claims a community of more than 200,000 members for content broadcast over 14 million times.