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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)
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