[TL;DR] Tech news that you shouldn’t miss this 09/20
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.
André Coisne slams the door of Orange Bank. This change comes with a complete reconfiguration of the Orange management team.
Why this is important: If André Coisne “wished to leave” and “leaves on good terms and will remain close to management”, this change of management is not anecdotal. This departure comes a few months after the arrival within the Orange management team of Paul de Leusse, formerly of the banking giant Crédit Agricole, propelled to the head of all mobile financial services of the telecoms group. He is therefore responsible for the development of Orange Bank’s activities, mobile financial services in Africa and mobile financial services in Europe and France.
Amazon aims to open 3,000 cashless stores by 2021. The American giant is targeting ten openings in the United States by the end of the year.
Why this is important: To open nearly 3,000 cashless stores over the next three years, Amazon will need to quickly reduce the costs of operating them to make them profitable. And for good reason, the first Amazon Go store, located in downtown Seattle, required an investment of more than a million dollars for computer hardware alone. By multiplying this figure by 3,000, the bill could quickly reach several billion dollars. So that the bill is less salty, Amazon is considering in particular positioning itself in the segment of fresh foods prepared on site and small groceries, so as to reduce the number of cameras and sensors necessary to ensure the proper functioning of the stores.After a funding round of $ 100 million, the coding platform GitLab becomes a unicorn. This fundraising should help the company to go public by November 2020.
Why this is important: GitLab didn’t plan to raise funds until next year, but Microsoft’s recent takeover of GitHub precipitated things as CEO Sid Sijbrandij explains in an interview with TechCrunch. “I think in the current climate, where the macroeconomics is really good and where GitHub has been acquired, people see that there is an independent company, that it remains essentially a start-up in this field.», He indicated. Today, GitLab wants to stand out from other platforms, GitHub or even Bitbucket (owned by Atlassian), by focusing on “full DevOps lifecycle“.