Advertisements

H.E.R.O.’s Journey in Tech (31 August 2018) – Treat Failure Like a Scientist

H.E.R.O.’s Journey in Tech (31 August 2018) – Treat Failure Like a Scientist

Companies

  • NEXTDC to invest over $2b in data centres (AFR)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • Alibaba pioneers online doctor consultations, round-the-clock medicine delivery (SCMP)
  • China Unveils Plans to Curb New Games and Play, Hitting Tencent (Bloomberg); China regulators plan to restrict number and usage of new games amid concerns over child health (SCMP)
  • Tencent and Square Enix team up with global gaming ambitions; WeChat operator seeks new pastures as China cracks down on video games (Nikkei)
  • SoftBank Pulls Plug on Plans to Invest in Chinese Tesla Rival: The Japanese tech giant had been considering buying about $200 million worth of shares in NIO’s IPO (WSJ)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • YouTube is fighting for a slice of the premium-video market (Economist)
  • To boost Amazon Pay in India, Amazon reportedly acquired Tapzo, an ‘all-in-one’ aggregator app, for $40M (Techcrunch)
  • Buffett Buys More Apple, Says iPhone Is ‘Enormously Underpriced’ (Bloomberg)

Asia Tech & Innovation Trends

  • “Big Chinese” is edtech’s next big thing, but its path overseas is unclear (Technode)
  • China’s top tech flocks to inland cities to develop AI; Attracted by low tax and cheap labor, Tencent, Alibaba and Baidu seek partnerships (Nikkei)
  • Bezos, Buffett Bet On a $250 Billion Unclaimed Internet Market (Bloomberg)

Global Tech & Innovation Trends

  • Digital Music: Spotify and Pandora Are ‘Stronger Than Perceived’ (Barron’s)
  • WeWork and the vanishing bond rating (FT)
  • Why startups are leaving Silicon Valley; Its primacy as a technology hub is on the wane. That is cause for concern (Economist)
  • ‘Digital Graffiti’ on Mapbox Highlights the Pitfalls of Open Data (Bloomberg)
  • Sequoia-Backed Qualtrics Interviews Banks for 2018 IPO (Bloomberg)

Life

  • Treat Failure Like a Scientist (James Clear)
  • a16z Podcast: The Basics of Growth – User Acquisition (a16z); a16z Podcast: The Basics of Growth – Engagement & Retention (a16z)
  • BlackRock’s Decade: How the Crash Forged a $6.3 Trillion Giant; Ten years later, its shrewd moves are a master class in capitalizing on others’ risk. (Bloomberg)
  • Vinyl visionary: How a digital dealmaker revived a 112-year-old record-player brand (Forbes)
  • Superstar chief executives can self-destruct: Charismatic and unruly entrepreneurs such as Elon Musk are risky business titans (FT)
Advertisements

H.E.R.O.’s Journey in Tech (30 August 2018) – Global accounting body to consider revamping ‘goodwill’ rule; “The risk is that goodwill just keeps on accumulating over time even when the economics do not justify this”

H.E.R.O.’s Journey in Tech (30 August 2018) – Global accounting body to consider revamping ‘goodwill’ rule; “The risk is that goodwill just keeps on accumulating over time even when the economics do not justify this”

Companies

  • Auto diode maker Actron eyeing bigger global market share (Digitimes)
  • Semiconductor giant Inari Amertron Bhd’s net profit dropped 12.86% to RM57.1mil for the fourth quarter ended June 30 due to an increase in effective income tax rates for the group’s largest operating subsidiary (Star)
  • Vista profit climbs 36 per cent, boosted by Mexico cinema business buy (NZ Herald)
  • IRESS to process home loans for Australian challenger Xinja; IRESS is a market leader in the UK, where one in every four home loans are processed using IRESS technology. (Ibis, Finextra)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Facebook Launches International Video Product to Rival Google (Reuters, Bloomberg)
  • Apple Buys Augmented-Reality Display Startup Akonia Holographics (Bloomberg, Reuters)

Asia Tech & Innovation Trends

  • Chinese ride-hailing pioneer returns with blockchain app to boost safety, income as Didi mired in crisis (SCMP)
  • China’s Makeblock raises $44m for robot-building kits for kids; Funding reflects country’s appetite for deep technology and “Made in China “2025” (Nikkei)
  • China’s Plan to Spread Tech Wealth Fizzles With Delay of CDR (Bloomberg)
  • The Worst Might Be Over for Airbnb in Japan (Bloomberg)
  • When cars fly? Japan wants airborne vehicles to take off; The government has launched an initiative with the likes of Boeing and Airbus to develop and commercialise futuristic vehicles (SCMP)
  • India’s Paytm Mall looks to deepen partnerships in fight with Flipkart, Amazon (Reuters); Warren Buffett’s Paytm Investment Will Be a First for Berkshire Hathaway (Fortune)

Global Tech & Innovation Trends

  • Moody’s Pulls WeWork Credit Ratings, Citing Lack of Information (Bloomberg)
  • The Search for Battery Riches Starts Here; Sweden’s archive of drilling samples is key to unlocking its potential to mine the rare metals needed for the next generation of cars. (Bloomberg)
  • Attention, Walmart Skeptics: This Stock Has Legs; Walmart is becoming an exciting growth story as its e-commerce operations take off. In 2017, Walmart already was the fourth largest e-commerce company in the U.S. with around $15 billion of sales, according to eMarketer. That puts it well behind Amazon’s nearly $200 billion, but ahead of everyone else besides eBay and Apple (WSJ)
  • Short Bets on World’s Biggest Tech Stocks Surge to $37 Billion (Bloomberg)
  • SurveyMonkey, Tiger-Backed Online-Polling Provider, Files for IPO (Bloomberg)

Life

  • Global accounting body to consider revamping ‘goodwill’ rule; “The risk is that goodwill just keeps on accumulating over time even when the economics do not justify this” (Reuters)
  • Hubris always seems ridiculous – until it’s our own (TFB)
  • Software as a craft, the product of a 10-year-old development manifesto (qz)
  • Ordinary People Focus on the Outcome. Extraordinary People Focus On the Process. (Ascent)
  • Criticism Stings — Here are Three Steps to Turn It into your Secret Weapon: How to Embrace the Critics and Grow Forward (Medium)

H.E.R.O.’s Journey in Tech (29 August 2018) – The first internet company to be listed in India, Info Edge’s ability to consistently generate cash allows it to invest in different avenues of growth + Lincoln and the Art of Transformative Leadership

H.E.R.O.’s Journey in Tech (29 August 2018) – The first internet company to be listed in India, Info Edge’s ability to consistently generate cash allows it to invest in different avenues of growth + Lincoln and the Art of Transformative Leadership

Companies

  • Litalico Inc., a Japanese social enterprise, will use a South Korean startup’s technology to tap the global hearing aid market and provide hearing aids at a much more affordable price (Japan Times)
  • Battery maker TDK scales new heights on iPhone buzz (Nikkei)
  • Xiaomi-Backed Smart Home Appliances Supplier Viomi Seeks $150M US IPO (CMN)
  • Chinese EV maker Nio expects to raise $1.32 billion in IPO (Reuters)
  • JD turns to Google, Walmart to build global e-commerce empire (SCMP)
  • ASX tech darlings defy the sceptics and shorts (AFR)
  • Altium to Host 2nd Annual “AltiumLive” PCB Design Summit (WBRC)
  • The first internet company to be listed in India, Info Edge’s ability to consistently generate cash allows it to invest in different avenues of growth (Outlook)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • AI tools from Alibaba and Founder do advertising grunt work; Chinese IT companies help human copywriters focus on creativity (Nikkei)
  • Tencent’s investment strategies revealed (Brennan)
  • GlobalFoundries’ exit a boon for chipmaker TSMC; Taiwanese company set to cement dominance of advanced computer chip production (FT)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Amazon plans new video app for Fire TV users: The Information (Reuters)
  • Amazon and Alphabet Have a New Number One Fan on Wall Street (Bloomberg)
  • Amazon Is on the Prowl for Movies From Sony, Paramount (Bloomberg)
  • Microsoft is the right company to build the “Netflix of gaming”; Traditional consoles won’t go anywhere without big investments in streaming. One company is well-positioned to make it happen. (FastCo)

Asia Tech & Innovation Trends

  • Didi’s founder says vanity and breathless expansion contributed to tragedy of passenger rape-murder (SCMP)
  • Chinese smartphones and apps break through to young Japanese (Nikkei)
  • Grab to invest $250 million in Indonesian startups in race against Go-Jek (Reuters); Go-Jek sparks an Indonesian banking revolution; E-payments pave the way to bank loans and financial inclusion (Nikkei)
  • Indonesia offers a fresh battleground for fintech; From microloans to cryptocurrency, startups are competing for a huge market (Nikkei)
  • An Indian robotics startup wants to beat Amazon at warehouse automation (qz)
  • Australia’s Simple lands $17M to grow its marketing intelligence platform worldwide (Techcrunch)

Global Tech & Innovation Trends

  • Uber’s Bundles (Stratechery); Cabcharge CEO says Uber, Taxify and DiDi in a race to the bottom (AFR)
  • Waymo’s self-driving cars are far from perfect, report says (Cnet)

Life

  • Lincoln and the Art of Transformative Leadership (HBR)
  • Why Adding More Products Isn’t Always the Best Way to Grow (HBR)
  • Elad Gil – How to Identify Interesting Markets – [Invest Like the Best, EP.101] (OSAM)
  • Learning from Les Schwab (Masters Invest)
  • Book Review: The Harriman Book of Investing Rules (Alpha Ideas)
  • Why liars lie: what science tells us about deception. “If you give people multiple opportunities to lie for their own benefit,” said Tali Sharot, a cognitive neuroscientist at University College London who led the research, “they start with little lies and get bigger and bigger over time.” (Age)

H.E.R.O.’s Journey in Tech (28 August 2018) – Tencent Music reportedly pins its US IPO date on October 18; Tencent Music controlled 78% of China’s music streaming market in 2017 + 100 Things I Learned Reading The Same Book 100 Times Over 10 Years

H.E.R.O.’s Journey in Tech (28 August 2018) – Tencent Music reportedly pins its US IPO date on October 18; Tencent Music controlled 78% of China’s music streaming market in 2017 + 100 Things I Learned Reading The Same Book 100 Times Over 10 Years

Companies

  • Tencent Music reportedly pins its US IPO date on October 18. Tencent Music is the operator QQ Music, Kugou, and Kuwo. The three music streaming businesses claimed 254 million, 227 million and 111 million mobile users respectively in the first quarter of 2018, data from iResearch shows. Tencent Music controlled 78% of China’s music streaming market in 2017 (Technode)
  • Online entertainment platform Bilibili reports revenue surge but warns China content crackdown will hit costs (SCMP)
  • How big data helped ‘China’s Netflix’ iQiyi decide to back The Story of Yanxi Palace, a summer blockbuster about back-stabbing concubines (SCMP)
  • Powerchip to build $9bn chip manufacturing plants in Taiwan: Founder and CEO says island’s chip sector continues to outperform China (Nikkei)
  • Demand for data to power artificial intelligence technologies has driven the ongoing fast growth rate of ASX-listed language data and search services provider Appen. Appen shares up as revenue lifts 106 per cent (AFR)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • Alibaba emerges as the platform of choice for foreign sellers; Japanese cosmetics makers gear China strategy toward online sites (Nikkei)
  • Alibaba drives grocery openings, fusing bricks and clicks; Cashless supermarkets doubles as delivery fulfillment center (Nikkei)
  • Can SoftBank Really Meet Investors’ Expectations? Two researchers are skeptical that the $100 billion Vision Fund can deliver, and made their case in a new analysis. (II)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Amazon India’s fintech play; The ecommerce behemoth is making strategic investments to build an ecosystem of financial products and services to take on Flipkart and Paytm (Forbes)
  • Amazon’s Whole Foods Is Starting to Steal Trader Joe’s Shoppers (Bloomberg)
  • Facebook and Google Chase a New $1 Trillion Payments Market (Bloomberg)

Asia Tech & Innovation Trends

  • Dark Clouds Gather as Tech Stockpiles Hit Pre-Crisis Levels; Weaker turnover, rising inventories. Something’s gotta give. (Bloomberg)

  • Didi Backlash Sounds a Warning for China’s Unicorns; Pursuing growth while losing public trust is a recipe for trouble. (Bloomberg)
  • China added as much battery-storage capacity in 2018 as all previous years combined (qz)
  • Toyota to invest US$500m in Uber for self-driving cars; The companies’ aim is to solve the enormously challenging problem of how to mass produce self-driving cars for shared fleets, including ride-hailing services. (SCMP)
  • NSW invests $123m for smart technology system by Cubic to ease traffic (AFR)

Global Tech & Innovation Trends

  • GlobalFoundries drops out of race to develop next-gen semiconductor technology (Reuters)
  • VMware to acquire startup CloudHealth in push to grow cloud offerings (Reuters)
  • If Spotify wants to dominate podcasting, it’s time to step up its ambitions; The streaming music giant wants to expand into more audio entertainment but as its initiatives in podcasting reveal, it’s moving too slowly and too tentatively. (FastCo)

Life

  • 100 Things I Learned Reading The Same Book 100 Times Over 10 Years (Medium)
  • Tim Ferris podcast on Drew Houston – The Billionaire Founder of Dropbox (#334) (Tim Ferris)
  • The Disproportional Power of Anecdotes (Farnam Street)
  • Organizational Grit (HBR)
  • Reid Hoffman’s 4 lessons to prevent your startup from becoming the next Theranos: What risks are ethical when pursuing rapid growth? (FastCo)

H.E.R.O.’s Journey in Tech (27 August 2018) – Rakuten Details Plan to Fight Back Against Amazon, SoftBank + 10 Reasons Why It’s Tough to be a True “Intelligent Investor”

H.E.R.O.’s Journey in Tech (27 August 2018) – Rakuten Details Plan to Fight Back Against Amazon, SoftBank + 10 Reasons Why It’s Tough to be a True “Intelligent Investor”

Companies

  • Rakuten Details Plan to Fight Back Against Amazon, SoftBank (Bloomberg)
  • Trend Micro steps forward to help plug IT security skills gap in KSA; Trend Micro launches security program for Saudi nationals (Menafn); Trend Micro Saudi Academy for Cybersecurity aims to address lack of security skills in the Kingdom (ITP)
  • US high-tech manufacturer Revasum to target tech-hungry ASX investors with IPO; Jerry Cutini, CEO of Revasum, which plans to list on the ASX before the end of 2018, after seeing its US peer Pivotal Systems thrive. (AFR)
  • Excelpoint seeks growth in R&D acquisitions; Tech group starts entrepreneurial and investment arm PlanetSpark to invest in early to mid-stage startups with good R&D. (BT)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • The Samsung sandwich: Squeezed between Apple and Chinese rivals, South Korean giant must break out with innovations (Nikkei)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Why No One Can Catch Netflix; Streaming service is so far ahead of the competition and knows how to please its customers (WSJ)

Asia Tech & Innovation Trends

  • Investor warns of day of reckoning for 90 per cent of Chinese AI start-ups as funding dries up (SCMP)
  • Global Tech Rally Fractures as Investors Cool on Chinese Firms; Investors’ concerns about recent dips in Chinese tech stocks raise uncertainty for sector’s continued surge (WSJ)

  • China’s Tech Growth Is Getting More Expensive; Investors need to reassess profit assumptions. (Bloomberg)

  • Can Uber and Didi chuxing take japan for a ride? Tokyo has banned ride-sharing services and its fabled transport system means there’s limited demand for them anyway. Even so, Uber and Didi Chuxing are keen to gain a foothold in the world (SCMP)
  • Southeast Asia’s seed investors bulk up for ‘mega’ fundraising; Veteran venture capital firms scale up investment to keep pace with capital-hungry startups (Nikkei)

Global Tech & Innovation Trends

  • The Startups Rocket CEO Samwer Wants to Become the Next Zalando (Bloomberg)
  • The Chip That Changed the World; Jack Kilby built the first integrated circuit 60 years ago. We need a new Moore’s Law. (WSJ)
  • MoviePass needs a serious side hustle if it’s going to survive (qz)

Life

  • 10 Reasons Why It’s Tough to be a True “Intelligent Investor” (Validea)
  • How Gmail happened: The inside story, as revealed by creator Paul Buchheit (TIA)
  • The 3 steps to building a monopoly, according to Peter Thiel (TIA)

H.E.R.O.’s Journey in Tech (25 August 2018) – 3M India: “We are essentially a material science company—materials that are used to enhance the performance of other materials or processes” + What Business Leaders Can Learn from Honeybees: How to scale — and protect what’s most important

H.E.R.O.’s Journey in Tech (25 August 2018) – 3M India: “We are essentially a material science company—materials that are used to enhance the performance of other materials or processes” + What Business Leaders Can Learn from Honeybees: How to scale — and protect what’s most important

Companies

  • Trend Micro announces advanced analytics for Deep Discovery (ITWire)
  • CareerIndex joins forces with Joins-Job (AIMS)
  • Sony to launch revamped Aibo robot dog in U.S. (JT)
  • Pegatron will likely get about 60% of the 2018 budget for iPhone orders (Forbes)
  • Afterpay announces UK expansion as sales volume soars (AFR)
  • Scans show the bones of Pro Medicus’ impressive growth story (AFR)
  • Vista Group Signs Multi-year Contract with Cineworld (NZX)
  • 3M India: Dial M for efficiency; “We are essentially a material science company—materials that are used to enhance the performance of other materials or processes” (Forbes)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Microsoft wants to nudge us to be more productive. Do we want its help? (qz)
  • How Netflix outsmarted everyone else in TV; On Recode Media, Redef CEO Jason Hirschhorn calls it “the greatest land grab in the history of media ever.” (Recode); Netflix Earnings: Where Accounting Meets Showbiz (Barron’s)

Asia Tech & Innovation Trends

  • Top Asian insurers dig deeper into fintech and health tech (Nikkei)
  • China must face its weakness in semiconductors squarely, says head of state-backed fund (SCMP)

Global Tech & Innovation Trends

  • GoDaddy Wants $5 Billion in Sales and 23 Million Customers by 2023 (Barron’s)
  • Starboard Wants to Help Symantec Grow. Symantec is struggling to grow in a growing industry, and is trading near its five-year low in an industry trading near its highs. Operational stumbles have contributed to this, but the biggest reason has been an accounting investigation. Symantec’s consumer businesses (Norton and Lifelock) have low growth but high profitability. But the enterprise business, with low operating margins, is experiencing very little growth. (Barron’s)
  • What’s Waymo Worth? Evercore ISI analysts estimate Waymo’s present value to be as much $100 billion (Barron’s); Waymo, Alphabet’s Self-Driving Unit, Steers Into China (WSJ)
  • The Videogame Industry Reaches for the Cloud (Barron’s)
  • A Cloud Gaming Upstart OnLive That Fell to Earth (Barron’s)

Life

  • How Airbnb Proved That Storytelling is the Most Important Skill in Design: It’s a method that has helped the company design many of its breakthrough innovations. (Inc)
  • What Business Leaders Can Learn from Honeybees: How to scale — and protect what’s most important (Medium)
  • Clockwork: Design Your Business to Run Itself Hardcover – August 21, 2018 (Amazon)

H.E.R.O.’s Journey in Tech (24 August 2018) – Trend Micro Simplifies Advanced Threat Detection and Network Analysis + How to Be Kind to Yourself: Stop Chasing Self-Confidence

H.E.R.O.’s Journey in Tech (24 August 2018) – Trend Micro Simplifies Advanced Threat Detection and Network Analysis + How to Be Kind to Yourself: Stop Chasing Self-Confidence

Companies

  • Trend Micro Simplifies Advanced Threat Detection and Network Analysis (FP)
  • Nikon Takes on Sony With Mirrorless Camera. “Mirrorless is no longer a niche product. It offers advantages in size and weight and battery that make mirrorless a very competitive premium technology.” While Nikon and Canon dominated the pro market for decades, first with film and then with digital single-lens reflex (DSLR) cameras, it’s becoming clearer that devices without the mirror-and-prism system offer significant benefits. Thanks to advanced image sensors and sophisticated software, mirrorless systems can grab light faster and stay in focus, making it easier to capture crisp images of fast-moving objects. (Bloomberg)
  • Why China’s top hook-up app Momo is going into show business (SCMP)
  • Hey Xiaomi, Maybe Your Future Really Is in Smartphones; The internet services dream isn’t showing much potential. (Bloomberg); Xiaomi’s share surge falls victim to investor worries over outlook for Chinese tech firms (SCMP)

  • How Pinduoduo did in three years what took Taobao five (Technode)
  • Innodisk Demonstrating Cloud-Based Solutions to Industrial IoT Challenges at VMworld 2018 (BI)
  • IP surveillance camera maker Vivotek is setting up a manufacturing base consisting of five production lines initially at a factory belonging to Delta Electronics, its parent company (Digitimes)
  • Webjet shares have soared to a record high after the online travel group posted a 63 per cent jump in underlying full-year profit as bookings surged across its divisions. (Nine)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • Alibaba moves into automotive aftermarket in competition with Didi (KRA)
  • Alibaba’s Exceptions Are the New Rule for Earnings: “If not for” was the mantra for the June quarter’s earnings. (Bloomberg); Alibaba Spends for Sales Growth as Most Lucrative Business Slows; Profit plummets after share-based compensation jumps; Alibaba’s trying to diversify as competition intensifies (Bloomberg); Alibaba’s New Ventures Aren’t Making Much Money; Jack Ma’s e-commerce empire is moving into less profitable new regions (WSJ); Alibaba delivers 61 per cent growth in revenue amid increased New Retail investment; Net income attributable to ordinary shareholders slid 41 per cent to 8.7 billion yuan (SCMP)
  • How Alibaba’s Taobao solved the trust problem in China and changed the way people shop; From humble beginnings as a local platform going up against then-incumbent eBay, Alibaba is now the clear leader in China’s vast US$1 trillion e-commerce marke (SCMP)
  • Ant Financial Profit Sinks as Spending Surges in Battle With WeChat (WSJ)
  • Tencent executive refutes criticism company has forsaken innovation to buy growth (SCMP)
  • Inside Tencent’s Struggle to Bring World’s Hottest Game to China (Bloomberg)
  • Samsung’s $161bn splurge may be about more than business (Economist)
  • SoftBank and Toshiba lead pack of cash-rich Japanese companies; Shareholders demand strategic investment or share buybacks (Nikkei)

Asia Tech & Innovation Trends

  • Internet Heavy China ETFs Take a Hit as Trump Applauds Tariffs (Bloomberg)
  • Delayed wages, lower profits – Chinese gaming firms fret as approval freeze bites (Reuters)
  • Brushing off trade war, Chinese startups flock to US for IPOs (Nikkei)
  • How Klook became a billion-dollar activities booking giant (TIA)
  • Drones offer high-tech help to Japan’s ageing farmers (Reuters)
  • Coupang launches new service ‘Coupang Flex’ (Investor)

Global Tech & Innovation Trends

  • DocuSign Chairman Calls Speed the ‘Ultimate Weapon’ (Barron’s)
  • Short-Sellers Circle Apple Supplier That’s Loved by Analysts; Shares in Austria’s AMS have plunged, short interest rising (Bloomberg)
  • Dropbox Doldrums Could Get Worse When Insiders Get Chance to Sell (Bloomberg)
  • After a disastrous redesign, declining daily usage, and an inability to turn a profit, the company and CEO Evan Spiegel embark on a self-improvement quest. (Bloomberg)
  • Eventbrite Files for U.S. IPO (Bloomberg)
  • Venmo Considers Making It Harder to See What Other People Are Buying (Bloomberg)

Life

  • How to Be Kind to Yourself: Stop Chasing Self-Confidence (Medium)
  • First Mover Disadvantage (AVC)
%d bloggers like this: