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H.E.R.O.’s Journey in Tech (3 October 2018) – Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model + 35 Quotes on Design That Will Fuel Up Your Creativity

H.E.R.O.’s Journey in Tech (3 October 2018) – Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model + 35 Quotes on Design That Will Fuel Up Your Creativity

Companies

  • Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model. (Bloomberg); Tencent streaming music arm files for $1bn US listing; Chinese market leader sets in motion IPO on heels of group restructuring (Nikkei, WSJ)
  • Chinese OTA Tongcheng-Elong’s IPO could be worth up to $5.5b (KRA)
  • Japan online flea market operator Mercari hires large number of non-Japanese grads (Japan Times)
  • Automated optical inspection (AOI) equipment specialist Machvision saw its third-quarter revenues climb to a record high of NT$965 million (US$31.6 million), representing a whopping annual increase of 160.98% and a sequential growth of 31.11% (Digitimes)
  • Kakao to spin off e-commerce unit for expansion (Investor)

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

  • Jack Ma, Alibaba’s VIEs and that US$120bil market cap plunge (Bloomberg)

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

  • Facebook’s Foray Into the Dating Scene Looks Like No Match for Match (Bloomberg)
  • Netflix, Amazon Forced to Fund European Video Under New Rule (Bloomberg)
  • If Amazon Wants to Buy Lions Gate, the Price Tag Is Going Up (Bloomberg)
  • If Apple Shifts Production To The U.S., Taiwan’s Tech Hub Will Suffer (Forbes)
  • How Google Plans to Win Cloud Gaming’s Future (Barron’s)

Asia Tech & Innovation Trends

  • How China’s Peer-to-Peer Lending Crash Is Destroying Lives; Hundreds of platforms have collapsed, and many savers can’t get their money back. (Bloomberg)
  • B2B marketplace Ralali.com branches out with its own e-wallet (e27)
  • ‘Unicorn’ Canva reports maiden profit in second half of 2017 (AFR)

Global Tech & Innovation Trends

  • Data Factories (Stratechery)
  • Roku Is Getting Big Enough to Be a Buyout Target. Here’s Who Might Want It (Barron’s)
  • Construction Tech Startups Drawing Investors; As an industry, construction has been among the slowest to adopt digital technologies. (WSJ)
  • Slack has made its biggest acquisition to date (qz)

Life

  • Hong Kong Freezes Company Chairman’s Assets in $1.3 Billion Fraud Case; Regulator suspects the chairman, whom it doesn’t name, of a publicly listed company colluded in two deals (WSJ); Huarong and the Chung Nam Network (Webb)
  • How to Shape Remarkable Products in the Messy Middle of Building Startups (First Round)
  • 35 Quotes on Design That Will Fuel Up Your Creativity (Prototypr)
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