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.
Altran unscrews on the stock market after discovering $ 10 million in fictitious orders at Aricent. This financial incident predates the takeover of the American company in March 2018.
Why this is important: In the wake of this announcement, Altran’s action fell by nearly 21% on Friday on the Paris Bourse. This morning, the title lost 20.83% to 9.49 euros, in a market up 0.45%. With the absorption of Aricent, Altran has become a global giant in technology consulting and forecasts an organic increase of one third of its turnover by 2022, to 4 billion euros. The Altran-Aricent group posted sales of 2.9 billion euros in 2017.
Panorama of anti-fake news laws around the world. The new provisions are generally the subject of strong criticism in the name of defending freedom of expression.
Why this is important: A few countries have adopted or are in the process of adopting legislation to combat the spread of false news on social networks or against attempts at disinformation during elections. In France, two controversial bills against “manipulation of information” during an election period are currently under discussion in Parliament. They aim to allow a candidate or party to take legal action to stop the dissemination of “false information” during the three months preceding a national election.
The Nasdaq at its zenith, record listing for Amazon, Microsoft and Facebook. Microsoft has passed the $ 800 billion capitalization mark for the first time.
Why this is important: The excellent form of the Nasdaq can be explained in particular by the tensions between Washington and Beijing. The two countries have just engaged in a trade war with the entry into force of reciprocal tariffs on tens of billions of dollars of goods. However, these taxes largely target imported goods rather than services. Rio Tinto makes the first delivery of iron ore by autonomous train. By the end of the year, the group’s ambition is to create the world’s first autonomous long-distance rail network.
Why this is important: The autonomous train, made up of three locomotives, carried approximately 28,000 tonnes of iron ore over 280 kilometers from the Rio Tinto mine in Tom Price to the port of Cape Lambert. The route was monitored by operators based at Rio Tinto’s operations center in Perth, 1,500 kilometers away. This first delivery is part of the AutoHaul program for which the group received regulatory approval in May.