[TL;DR] Tech news that you shouldn’t miss this 09/28

by bold-lichterman

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.

TLDR Tech news that you shouldnt miss this 0928

Netflix will open an office in Paris and double its production in France. The American platform has nearly 3.5 million subscribers in France.

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Reed Hastings, CEO of Netflix. Credit: catwalker / Shutterstock.com

Why this is important: Four years after its launch in France, Netflix is ​​moving up a gear with the opening of a Paris office next year and the announcement of seven new programs (three new French series projects and the purchase of three films and of a French documentary), in order to satisfy the growing number of French subscribers, but also to face increased competition. To support these new productions, which are added to the seven French programs already announced in recent months, Netflix is ​​reopening an office in Paris, on the model of its London office, which will employ a team of 20 people, with new hires. The platform had set up a small team in Paris when it arrived in 2014, but it quickly closed it down and moved to the Netherlands.

Facebook also uses phone numbers to target ads. If the American firm recognizes that it can use security contacts to allow advertisers to better target their ads, it nevertheless considers that it is clearly informing users.

p><h3 class=Mixed reception for FinTech Funding Circle when it floated on the London Stock Exchange. The British company still managed to raise more than 337 million euros for a valuation of nearly 1.7 billion euros.

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Founders of Funding Circle (left to right): Samir Desai, James Meekings and Andrew
Mullinger. Credits: Funding Circle.

Why this is important: Since its creation in 2010, Funding Circle has claimed more than 50,000 companies financed for a total amount of 5 billion pounds through 80,000 investors, in the United Kingdom, the United States, Germany and the Netherlands. But its turnover remains modest, at 94.5 million pounds in 2017, although it has doubled compared to 2016. FinTech also recorded a loss of 35.3 million pounds last year. These results partly explain its mixed performance. Added to this is the uncertain economic context in the country, against a backdrop of Brexit.

How autonomous driving will save millions of lives. Road accidents cause more than 1.2 million deaths per year worldwide.

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id=attachment 337041 aria describedby=caption attachment 337041 style=1605264868 671 TLDR Tech news that you shouldnt miss this 0928
Credit: Shutterstock.com

Why this is important: Slack simply indicated that it does ” not comment on rumors or speculations ”. The company, which offers real-time messaging services tailored to business needs, claims to have more than 8 million daily active users and 70,000 subscribers to its premium service. Created in 2013, Slack has found a niche in small and medium-sized businesses, but Facebook and Microsoft are trying to offer the same type of services.