[TL;DR] Tech news you shouldn’t miss this 06/18

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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 too long a summary of the text.

Google is injecting $550 million into Chinese giant JD.com. The Alphabet subsidiary will receive 27.1 million shares of JD.com Class A common stock in exchange.

Why it matters: For JD.com, this financial contribution from Google is a new asset to weaken the giant Alibaba. Indeed, the partnership between the two companies provides in particular for the promotion of products sold by JD.com on Google Shopping, the American firm’s service that allows users to search for products on e-commerce sites and compare prices. In this way, JD.com could win customers in Europe and the United States as trade tensions are at their peak between Beijing and Washington. At the same time, this investment is further proof of Google’s interest in China. In December 2017, Google announced the opening of a research center dedicated to artificial intelligence in Beijing.

Credits: Shutterstock.

$13 million for Tessian, the startup that uses artificial intelligence to verify emails. Tessian’s technology analyzes company emails to recognize common patterns and detect anomalies.

Why it matters: Tessian uses machine learning to detect and correct errors in email addresses. A solution for companies that are required to send sensitive information, to ensure that it is not given to another person by mistake. Tessian plans to invest in product development and expand its marketing and sales divisions.

Edward Bishop, Tim Sadler and Thomas Adams, co-founders of Tessian.
Credit:Tessian

Chain Accelerator wants to get blockchain nuggets off the ground at Station F. The blockchain market is expected to grow from $706 million last year to over $60 billion by 2024.

Why it matters: The accelerator, which claims to be the first of its kind in Europe, has already put together a selection of 13 start-ups, which will be supported for six months. In exchange for this support, the start-ups supported by Chain Accelerator must pay 1,200 euros per month and let the structure enter their capital up to 5%. For the time being, the 13 companies supported have accumulated a total of 5 million euros raised. The objective is to reach 100 million euros by December.

Credits: Chain Accelerator.

Microsoft acquires Flipgrid to catch up in the Google-dominated education market. Flipgrid, a learning app that uses short videos to create collaborative lessons, claims 20 million users.

Why it matters: The app has already been integrated into Microsoft Teams within Office 365 for Education. It will be free for schools. In this segment, Microsoft must also face Apple. The Cupertino company has also decided to reinvest in the field. In March, Apple also organized a keynote focused on the education market, which had not happened to it since 2012. The company notably presented an iPad and various features designed for teachers and students.

Credit: Flipgrid
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