Here’s why Intel’s CEO thinks companies like his own go wrong

February 27, 2014 Leave a comment

Here’s why Intel’s CEO thinks companies like his own go wrong

By Max Nisen @MaxNisen February 21, 2014

Intel CEO Brian Krzanich, who took over the chip maker’s top job last May, this week went on Reddit for an “ask me anything” question and answer session. In addition to revealing that his favorite sandwich is slightly frozen peanut butter and jelly, Krzanich talked about where Intel went wrong, what he sees for the future, and what it means to be a great leader. Here are some of the most interesting parts:

Spectacular technology isn’t worth much if it’s not great to use Read more of this post

Filed under TMT Trends

China is spending a fortune on science—and is getting robbed blind by corrupt scientists

February 27, 2014 Leave a comment

China is spending a fortune on science—and is getting robbed blind by corrupt scientists

By Gwynn Guilford @sinoceros February 21, 2014

China is piling huge sums of money into research and development (R&D), and it’s freaking some people out. “We face being buried under an avalanche of Chinese science,” lamented The Guardian, referring to the Chinese state’s role in the funding. “It’s Official: China Is Becoming a New Innovation Powerhouse,” chimed in Foreign Policy. Read more of this post

Filed under Macro Trends

Why Google’s latest acquisition could be good for the whole online ad industry

February 27, 2014 Leave a comment

Why Google’s latest acquisition could be good for the whole online ad industry

By Leo Mirani @lmirani February 21, 2014

Half the ads on the internet are never seen by anybody, according to ComScore, a web traffic measurement company. And of those ads that are seen, it’s not clear how many are seen by human beings. Last year, the London-based start-upSpider.io, which tracks ad fraud, revealed a network of 120,000 infected computers (paywall) that together “viewed” ads billions of times, meaning that advertisers were paying millions of dollars for fake views. Today, Google announcedthat it had acquired Spider.io for an undisclosed amount. Read more of this post

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Gucci is selling too much to the wrong people

February 27, 2014 Leave a comment

Gucci is selling too much to the wrong people

By Jason Karaian @jkaraian February 21, 2014

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The numbers: Not so shiny. Profits at Kering, the parent company of Gucci, Balenciaga, Stella McCartney and other luxury labels collapsed in 2013, to €50 million ($68 million) from more than €1 billion ($1.3 billion) the year before. Read more of this post

Filed under Innovation

What the Netherlands’ complete dominance in speed skating says about success; Success can come from being in the right place at the right time. But it usually takes years spent building a culture, facilitating talent, making investment

February 27, 2014 Leave a comment

What the Netherlands’ complete dominance in speed skating says about success

By Max Nisen @MaxNisen February 21, 2014

Part of the beauty of the Olympics is that despite its size, one country can dominate an entire sport. At Sochi, the biggest winner in that regard has been the Netherlands, a country with less than a fifth as many Olympic athletes as the US, that has won 21 medals (soon to be 22) so far in long track speed skating.

It’s a record for a single country in an Olympics, and a reminder that the greatest success comes from monopolizing on your advantage and putting serious resources behind it. Luck can win a solitary medal, but not 21 of them. Read more of this post

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Billionaires invest $29m in plant-based chicken eggs

February 27, 2014 Leave a comment

Billionaires invest $29m in plant-based chicken eggs

Friday, Feb 21, 2014

Hemananthani Sivanandam

Winnie Yeoh

and A. Raman

The Star/Asia News Network

Asia’s richest man Li Ka-Shing and Yahoo co-founder Jerry Yang have invested US$23million (S$29 million) in a California-based company that produces artificial chicken eggs, Sin Chew Daily reported.

The company, Hampton Creek Foods, is producing the artificial eggs using ingredients from 12 types of plants. Read more of this post

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Bhutan, world’s last TV holdout, now at tech vanguard: PM

February 27, 2014 Leave a comment

Bhutan, world’s last TV holdout, now at tech vanguard: PM

Saturday, February 22, 2014 – 14:35

AFP

THIMPHU, Bhutan – It was the world’s last hold-out against television and is regarded by travellers as a Himalayan Shangri-La.

But Bhutan’s decision to make itself the poster boy for electric transport is further proof of its willingness to embrace technology as part of its unique Gross National Happiness development model, says its prime minister. Read more of this post

Filed under Macro Trends

D-Day for foreigners eyeing Johor property; Foreign buyers of residential property in Malaysia’s Johor state have until April 30 if they want to dodge new property measures there such as higher levies

February 27, 2014 Leave a comment

D-Day for foreigners eyeing Johor property

Saturday, Feb 22, 2014

Anita Gabriel

The Straits Times

Foreign buyers of residential property in Malaysia’s Johor state have until April 30 if they want to dodge new property measures there such as higher levies.

The cut-off date – April 30 – is contained in a Feb 10 circular from Johor’s Land and Mineral Office obtained by The Straits Times. Read more of this post

Filed under Macro Trends

The spider-like nature of property market

February 27, 2014 Leave a comment

The spider-like nature of property market

Saturday, Feb 22, 2014

Dennis Chan

The Straits Times

SINGAPORE – At a recent lunch, the conversation turned to crabs.

No, the popular dining crustacean wasn’t on the menu. But that didn’t stop my host, who is a developer, from comparing the state of the residential property market to a trussedup crab that has had all its eight legs bound up. Read more of this post

Filed under Macro Trends

Chinese cities outstripping whole countries in infrastructure debt

February 27, 2014 Leave a comment

Chinese cities outstripping whole countries in infrastructure debt

Staff Reporter

2014-02-22

Spending by the city of Wuhan on infrastructure construction alone is equivalent to the UK’s expenses for updating and enhancing the infrastructure of the entire country, according to British media. The city is part of a countrywide, multi-trillion dollar infrastructure upgrade. Read more of this post

Filed under Macro Trends

Chinese entrepreneur advice clubs ‘more useful from EMBA’

February 27, 2014 Leave a comment

Chinese entrepreneur advice clubs ‘more useful from EMBA’

Staff Reporter

2014-02-22

In order to improve corporate governance, growing numbers of Chinese entrepreneurs are resorting to EMBA programs and private coaching from their peers in the form of corporate clubs, according to Chinese-language China Entrepreneur magazine. Read more of this post

Filed under Macro Trends

Ever wished you could yell at your appliances? Get ready for Siri for the Internet of Things

February 27, 2014 Leave a comment

Ever wished you could yell at your appliances? Get ready for Siri for the Internet of Things.

BY JAMES ROBINSON 
ON FEBRUARY 21, 2014

I’m sitting in a cafe on Market Street in San Francisco with Duy Huynh, looking on his laptop at a live feed from a webcam set up in his New York apartment. It’s not part of the demonstration, but a woman comes through the front door. We both laugh, awkwardly. He hands me his phone, with the app he’s spent the last four months in San Francisco creating turned on. I repeat the prompt he’s just instructed me to say. Read more of this post

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Google shows some leadership, buys the company that’s been pointing out how dubious online ad traffic can be

February 27, 2014 Leave a comment

Google shows some leadership, buys the company that’s been pointing out how dubious online ad traffic can be

BY JAMES ROBINSON 
ON FEBRUARY 21, 2014

Late in 2013, spider.io, a UK-based company dedicated to fighting advertising fraud, posted a video to its website. It shows a computer desktop with no programs running on it visibly, but which is infected by TDSS malware that is running 23 hidden windows, with fake cursor activity darting all over the page and clicking on ads at random. It is like watching a robot use a computer that only likes ads. Read more of this post

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WhatsApp Deal Bets on a Few Fewer ‘Friends’; Is Facebook’s WhatsApp deal a sign of a tech bubble?

February 27, 2014 Leave a comment

WhatsApp Deal Bets on a Few Fewer ‘Friends’

By JENNA WORTHAMFEB. 21, 2014

The address book is making a billion-dollar comeback.

Weary of noisy social networks filled with mundane updates from the most remote acquaintances, millions of people have turned to their smartphone address books — and the diverse array of messaging services that rely on them, like Snapchat, Secret, Kik and WhatsApp — for more intimate social connections. Now the stampede toward those messaging services has Silicon Valley’s giants scrambling to catch up. Read more of this post

Filed under TMT Trends

Why Rational People Can’t Succeed as Economic Forecasters

February 27, 2014 Leave a comment

Why Rational People Can’t Succeed as Economic Forecasters

by Justin Fox  |   10:35 AM February 21, 2014

We’re all used to economic forecasts. We’re also used to them being wrong. But there was a time when forecasts were new and exciting, and people were genuinely surprised when they didn’t pan out. This was during the first decades of the previous century, an era that Harvard Business School historian Walter Friedman chronicles in his new book Fortune Tellers: The Story of America’s First Economic Forecasters. Read more of this post

Filed under Life

To Create Healthy Urgency, Focus on a Big Opportunity

February 27, 2014 Leave a comment

To Create Healthy Urgency, Focus on a Big Opportunity

by John P. Kotter  |   12:00 PM February 21, 2014

There are two basic kinds of energy in organizations. One, triggered by a big opportunity, can create momentum in the right direction and sustain it over time. The other, based on fear or anxiety, might overcome complacency for a time, but it does not build any momentum or maintain it. Instead it can create a panic, with all the obvious negative consequences — stressing people out and eventually draining an organization of the very energy leaders wanted to generate. Read more of this post

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Are property clubs the problems in Malaysia/Asia? YES; Hopefully, the greed that brought speculators together to form such property clubs will cause the end of their existence

February 27, 2014 Leave a comment

Updated: Saturday February 22, 2014 MYT 9:21:12 AM

Are property clubs the problems? YES

BY JAGDEV SINGH SIDHU

WHEN it comes to buying and selling shares on Bursa Malaysia, there are laws that prohibit the use of inside information to execute a trade. Investors will get the book thrown at them if proven they are creating a false market, which is essentially manipulating a particular counter. Read more of this post

Filed under Macro Trends

The big guys get guidance on governance from the Malaysian Code for Institutional Investors (II Code); 10 things to know about new code for institutional investors

February 26, 2014 Leave a comment

Updated: Saturday February 22, 2014 MYT 12:36:18 PM

The big guys get guidance on governance

BY ERROL OH

The big guys get guidance on governance

10 things to know about new code for institutional investors

THE public consultation on the Malaysian Code for Institutional Investors (II Code) ends this Friday . It would be a shame if few people actually went through the consultation paper, let alone took the trouble to submit feedback. Read more of this post

Filed under Macro Trends

Asean: Focus on regional interest; research shows gaps in achieving the Asean Economic Community (AEC) regional promise

February 26, 2014 Leave a comment

Updated: Saturday February 22, 2014 MYT 12:37:41 PM

Asean: Focus on regional interest

BY TAN SRI DR MUNIR MAJID

RESEARCH commissioned by CIMB Asean Research Institute on behalf of the Asean Business Club shows gaps in achieving the Asean Economic Community (AEC) regional promise.

These can be filled by a concentration on the regional interest which takes care of the national interest as well. Read more of this post

Filed under Macro Trends

Time is money for Malaysia’s copter tycoon Tan Sri Syed Azman Syed Ibrahim; ‘I am no front man… I work for myself’

February 26, 2014 Leave a comment

Updated: Saturday February 22, 2014 MYT 7:08:34 AM

Time is money for copter tycoon

BY B.K. SIDHU

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Syed Azman believes in saving time by flying.

FOR a man who owns four private jets and a fleet of helicopters, Tan Sri Syed Azman Syed Ibrahim, who will be 54 next month, works out of a spartan office in the middle of Kuala Lumpur.

It is a non-descript office, where the walls of the office are adorned with pictures of him with prominent businessmen and political leaders. Read more of this post

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OECD Warns of New Era of Low Growth

February 26, 2014 Leave a comment

OECD Warns of New Era of Low Growth

‘In several emerging-market economies — notably Brazil, India and Indonesia — infrastructure investment is not sufficient to support high rates of industrialization and urbanization, hampering potential growth.’

By Agence France-Presse on 4:27 pm February 21, 2014.

Sydney. The OECD on Friday warned declining global productivity will usher in a new and extended era of low growth unless there are major structural reforms.

Its new “Going for Growth” report identifies infrastructure shortages and slowing trade activity as key problems — issues that will be in focus at the G20 meeting of finance ministers and central bank governors in Sydney this weekend. Read more of this post

Filed under Macro Trends

The International Organisation of Securities Commissions (IOSCO) has suggested that emerging markets look at Malaysia’s capital market framework to build resilience

February 26, 2014 Leave a comment

‘Malaysia great template for emerging marts to copy’

By Roziana Hamsawi

Published: 2014/02/22

KUALA LUMPUR: The International Organisation of Securities Commissions (IOSCO) has suggested that emerging markets look at Malaysia’s capital market framework to build resilience.
Lauding Malaysia’s focus in ensuring strong investor protection, proper governance and market conduct, IOSCO Board chairman Greg Medcraft said: “Malaysia is a great template for emerging markets to copy.”
Medcraft, who is chairman of the Australian Securities and Investments Commission, said if IOSCO needs to have a hub for the Asean region, Malaysia would get his full support.
He was speaking on the last day of the IOSCO Board meeting, here, yesterday.  Read more of this post

Filed under Macro Trends

Malaysia Airlines (MAS) may consider bankruptcy as troubled airlines that did it have re-emerged stronger

February 26, 2014 2 Comments

Weathering the storm

By Sharen Kaur

Published: 2014/02/22

NOWHERE CLOSE TO PROFITS: MAS may consider bankruptcy as troubled airlines that did it have re-emerged stronger, say analysts

When a company goes bankrupt, it implies that it has no choice. But in recent cases involving troubled airlines, they did so deliberately and have re-emerged leaner and stronger.
Some analysts feel that Malaysia Airlines (MAS), which reported a net loss of more than a RM1 billion last year, may consider such a route. Read more of this post

Filed under Macro Trends

Montreal business veteran Gerald Shtull: Stick to a few simple rules to build a successful firm

February 26, 2014 Leave a comment

Montreal business veteran Gerald Shtull: Stick to a few simple rules to build a successful firm

John Greenwood | February 18, 2014 9:00 AM ET
More from John Greenwood

In 1994, Gerald Shtull took out a line of credit from the bank for $50,000. That was when $50,000 was real money. Then he sat down with his wife and explained that this is what the family would use to cover day-to-day expenses while he got his business up to speed. Read more of this post

Filed under Macro Trends

After topping box office, Lego Movie sequel set for May 2017

February 26, 2014 Leave a comment

After topping box office, Lego Movie sequel set for May 2017

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Saturday, February 22, 2014 – 11:44

Reuters

LOS ANGELES – After becoming the top-grossing movie released in 2014 so far, The Lego Movie will be reassembling for a sequel scheduled for May 26, 2017, movie studio Warner Bros said on Friday. Read more of this post

Filed under TMT Trends

Top 10 Chinese restaurants in Kuala Lumpur

February 26, 2014 Leave a comment

Top 10 Chinese restaurants in Kuala Lumpur

The Star/Asia News Network

Thursday, Feb 20, 2014

1 & 2. Din Tai Fung

Topping the list is the award-winning chain restaurant Din Tai Fung located at Pavilion Kuala Lumpur and The Gardens, Mid Valley City. A TripAdvisor traveller raved, “One of the best Xiao Long Baos (soup dumplings) I have tasted!” Read more of this post

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Indonesia’s ecommerce industry awakens

February 26, 2014 Leave a comment

February 21, 2014 5:30 am

Indonesia’s ecommerce industry awakens

By Ben Bland in Jakarta

Like other executives running fast-growing internet businesses in Indonesia, Rio Inaba has profited from the lackadaisical office culture in southeast Asia’s biggest economy.

With home internet access slow and expensive, the peak time for online shopping in this nation of 250m people is during office hours, when an increasing number of white-collar workers while away the day buying clothes, gadgets and airline tickets on their company PC. Read more of this post

Filed under Macro Trends, TMT Trends

Big Data may be invasive but it will keep us in rude health

February 26, 2014 Leave a comment

Last updated: February 21, 2014 7:00 pm

Big Data may be invasive but it will keep us in rude health

By Janan Ganesh

Privacy fears that centre on the health service database are overblown

The life savers of the future will possess an intelligent layman’s grasp of medicine and no more. They will be strangers to the operating theatre and the research laboratory. The patients touched by their work will never know them. And if they have Dr as a prefix to their name, it will denote a PhD in information science or mathematics. “My son the statistician,” parents will boast. Read more of this post

Filed under Health, TMT Trends

Carl Icahn, obsessive activist investor: His decades-long war on corporate complacency has gone mainstream

February 26, 2014 Leave a comment

February 21, 2014 6:44 pm

Carl Icahn, obsessive activist investor

By Stephen Foley

His decades-long war on corporate complacency has gone mainstream, writes Stephen Foley

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Steven Goldstone, when he was chief executive of RJR Nabisco, used to call the appearance of Carl Icahn “a rite of spring”. Year after year, the investor would show up to demand RJR split its snacks and tobacco businesses apart; year after year, he would fight to persuade fellow shareholders to approve his representatives for the board; and year after year his defeat would not deter him from trying again. Read more of this post

Filed under Life

How Digital Medicine Will Soon Save Your Life; You wake up with chest pain. Your smartphone reads your ECG. If it’s a heart attack, it calls an ambulance and sends your data ahead to the ER

February 26, 2014 Leave a comment

How Digital Medicine Will Soon Save Your Life

You wake up with chest pain. Your smartphone reads your ECG. If it’s a heart attack, it calls an ambulance and sends your data ahead to the ER.

ROBIN COOK And ERIC TOPOL

Feb. 21, 2014 7:07 p.m. ET

A sweeping transformation of medicine has begun that will rival in importance the introduction of anesthesia or the discovery of the germ basis of infectious disease. It will change how patients and physicians interact. It will change medical research and therapy. “Sick care”—the current model of waiting for you to get sick and then trying to alleviate symptoms and make you well—will become true “health care,” where prevention is the mantra and driving force. Welcome to the world of digital medicine. Read more of this post

Filed under Health

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