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.
Faurecia signs an agreement to acquire 100% of Parrot Automotive. This is the branch of Parrot dedicated to connectivity and infotainment for the automotive industry.
Why this is important: Faurecia indicates that this transaction will allow it to accelerate the development of Android infotainment solutions by Parrot Automotive and to develop an open platform to accommodate the various systems and functions connected inside the vehicle. The automotive supplier expects this to facilitate the introduction of user experiences “innovative and differentiating, in particular for postural and thermal comfort, an immersive sound experience and new human-machine interface solutions“.
BeautyTech Booksy raises $ 13.2 million to accelerate its development. Based in Poland, the beauty services booking application was launched in the United States in 2017 and records 2.5 million bookings per month.
Why this is important: With this funding, Booksy will support its overall growth by recruiting new talents. The start-up also wants to develop proprietary technologies such as the implementation of one-click reservation. It also plans to set up a feature based on artificial intelligence and machine learning to make personalized appointment dates.
Faced with disappointing sales of the Galaxy S9, Samsung announces lower results in the second quarter. A situation that had not happened to the Korean manufacturer for 12 months.
Why this is important: Samsung said operating profit is expected to be around 14.8 trillion won (11.32 billion euros), an increase of 5.2 percent. On the other hand, its overall sales would be down 4.9%. The final results will be known at the end of July. The company also faces competition from Chinese brands like Xiaomi and Huawei, which offer more affordable devices. On the other hand, its division dedicated to memory chips should record very good results. The Korean must succeed in renewing himself for his segment dedicated to smartphones.