[TL;DR] Tech news that you shouldn’t miss this 10/25
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.
Eight banks, including HSBC, ING and BNP Paribas, are launching a common blockchain-based platform. Voltron will be the name of this exchange platform between business partners and banks, scheduled for 2019.
Why this is important: Voltron would facilitate trade, finance and administration, and decision making by providing a single channel for the corporate client, its bank and its business partners. The platform could receive, verify and process the administrative documents necessary for exchanges, even produced outside the system by the commercial partners. Voltron works with four international trade finance platforms to build a tool compatible with existing banks and their corporate clients. It will be based on Corda blockchain technology, developed by the start-up R3.
Driven by the Model 3, Tesla is making profits for the first time since 2016. The electric vehicle maker has stepped up production of the Model 3, of which it delivered 56,065 units during the third quarter.
Why this is important: The surprise took off the title, which gained nearly 10% in electronic exchanges following the close of the session on Wall Street. Financial circles expected a return to profits rather in the fourth quarter. These data are likely to allay the fears of investors, who feared that Tesla would still have to borrow from the markets to finance its operations. For Elon Musk, this performance closes a difficult parenthesis during which his abilities as a boss were called into question. He was notably accused of “fraud” by the Stock Exchange Constable, the SEC, after a tweet in August in which he claimed, without evidence, to have the funds to remove Tesla from the listing. The regulator’s investigation resulted in an amicable settlement whereby Elon Musk stepped down as chairman of the board of the company he co-founded. He also paid a fine.
Crosscall raises 12 million euros to export its all-terrain smartphones beyond Europe. The Aix-based company sold 400,000 units in 2017.
Why this is important: Crosscall designs waterproof, resistant and long-lasting mobile phones and smartphones. The products manufactured by the Aix-based company are specially designed for intensive outdoor use for hostile and unpredictable environments encountered by athletes and professionals in the field (water, rain, humidity, dust, shocks, falls, etc.). Bouygues Telecom in exclusive negotiations to buy Keyyo Communication. Bouygues Telecom has announced that it has entered into exclusive negotiations with a view to buying 43.6% of the capital of the operator dedicated to the business market.
Why this is important: This operation would represent an investment of just over 29 million euros. It would value the company at just over 66.6 million euros, or nearly 15 million euros above its current market valuation, the Keyyo share being listed on Wednesday at the close of the Paris Stock Exchange. , at 26 euros. “This merger project is fully in line with the strategy announced by Bouygues Telecom to accelerate its development in the specific market for micro-enterprises, SMEs and mid-caps. In this context, Keyyo would provide Bouygues Telecom Entreprises with additional expertise in terms of innovative products and services.“, Bouygues Telecom said.
Microsoft still in great shape thanks to the cloud. Between July and September, the US giant saw its net profit jump 34% to $ 8.8 billion.
Why this is important: Arrived at the helm in early 2014, Satya Nadella chose to refocus Microsoft on the growing cloud market, after the group had missed the turn of the mobile and against the backdrop of a decline in the PC market, even if it has regained color in the during the year 2018. Commercial cloud activities (which are spread over the various divisions of the group) saw their turnover increase by 47%, to 8.5 billion dollars. Small shadow in the table, the Azure platform, intended for companies, saw its growth slow down with an increase of 76% against 89% in the previous quarter, but analysts expected it.
Faced with Google’s Nest, Amazon is investing in smart thermostats from Germany’s tado °. The Munich start-up has completed a funding round of 43 million euros.
Why this is important: Amazon’s entry into the capital of tado ° allows the American giant to compete with Google in the smart thermostats market. And for good reason, in 2014 the Mountain View firm bought the American start-up Nest, which produces smart objects, including thermostats and smoke detectors connected to Wi-Fi networks, for $ 3.2 billion. develop in the connected home segment. To counter Alphabet’s subsidiary, tado °, which pivoted last year to focus on the European market, therefore seems an ideal asset for Amazon, especially since the Bavarian company’s smart thermostats are already compatible with the voice assistant Alexa, which opens the field of possibilities for the juggernaut of online commerce. The potential to be exploited is immense since the global smart thermostats market is expected to weigh $ 6.8 billion by the end of 2022.
Between end-of-year blockbusters and opening up to new horizons, Paris Games Week continues to change. This 80,000 m2 fair, the largest dedicated to the video game industry in France, starts on Friday and is to last five days.
Why this is important: If the overwhelming majority of titles practiced in France come from Asia, North America and Europe, six independent African developers, for example from Togo, Madagascar and Algeria, present their productions for the first time. at Paris Games Week. To set up this section, the union said it had worked with Paradise Game, an Ivorian company wishing to promote video games in Africa. Another underlying trend for this 2018 vintage, the organizers have decided to highlight the initiatives taken to promote the practice of video games by people with disabilities. In the aisles, the largest space remains devoted to end-of-year blockbusters, such as the latest version ofAssassin’s Creed from French Ubisoft. Because Paris Games Week remains above all a showcase, as the end of the year approaches, a period when most of the sales are made. The French market had a historic 2017, with a turnover of 4.3 billion euros.