[TL;DR] Tech news that you shouldn’t miss this 07/24
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.
ezCater offers the French GoCater to deploy its corporate catering service internationally. The American company had already raised 100 million dollars in June.
Why this is important: By getting its hands on GoCater, ezCater begins its international expansion. The takeover of the French company allows the American company to set foot in Europe. “We are the first on the market in the United States and we now have the ambition to offer our service to customers and caterers in the rest of the world.», Says Stefania Mallett, co-founder and CEO of ezCater. At the same time, this operation will offer GoCater the possibility of extending its network of partners, by adding to its platform a series of American catering groups also present in Europe, as well as numerous European catering chains. “Partnering with number one in the global market will allow us to expand our business in Europe and beyond», Assures Stephen Leguillon, co-founder and CEO of GoCater.
Navya goes public and raises a little less than expected. The market capitalization of the company reaches 190 million euros based on the IPO price.
Why this is important: The French start-up Navya, a pioneer in autonomous vehicles, announced that it had raised around 37.6 million euros when it went public on Euronext Paris. The IPO will allow “develop our current solid foundations to become a world leader in autonomous vehicles“, said Christophe Sapet, chairman of the board of Navya. Considered as a French nugget of new technologies, the company based in Villeurbanne, near Lyon, was the first in the world in 2015 to market autonomous shuttles, electric vehicles limited by law to circulation in private areas, such as campuses. universities, airports or large companies. Navya already claims 67 shuttles sold in 16 countries at the end of the first quarter of 2018.
Le Monde, Ouest-France and Loopsider among the winners of the Google fund for media innovation. The American group has selected 98 projects in 28 European countries, distributing 21.2 million euros.
Why this is important: This is the fifth call for projects from Google in the framework of its Google News initiative (formerly the Digital News Initiative), launched in 2015. This time France has the largest number of beneficiaries, with 13 projects for a total amount of 3.48 million euros. West France (485,000 euros), the leading French regional daily, will charge an algorithm to republish archives according to the tastes or the location of the reader. At the same time, The world, already awarded in previous calls for projects, received a new envelope of 752,500 euros to develop its content management software. For its part, the video platform Loopsider (250,000 euros) will create a format of interactive ephemeral videos that can be broadcast on the web and on social networks. Le Figaro and RTL (190,000 euros each) will also entrust an artificial intelligence with the creation of ephemeral videos for social networks.
Bitcoin bounces above $ 8,000. Virtual currency took about $ 2,000 in a week.
Why this is important: By the end of 2017, bitcoin had hit $ 19,500, before suddenly collapsing. Since then, virtual currency has experienced several periods of rebounds and falls, and the month of June was marked by hard knocks for cryptocurrencies, with a succession of hacks of exchange platforms. After almost a month without a hack announcement, Jordan Hiscott, investment manager for the online market platform Ayondo Markets, points out “a positive change“And judge that”the plethora of bad news (…) is dissipating“.