H.E.R.O.’s Journey in Tech (4 October 2018) – New faces and overseas earners lead Nikkei to fresh 27-year highs; The likes of Keyence and Recruit crowd top 10 market cap list + Robert Greene’s new book: The Laws of Human Nature Hardcover – October 23, 2018

H.E.R.O.’s Journey in Tech (4 October 2018) – New faces and overseas earners lead Nikkei to fresh 27-year highs; The likes of Keyence and Recruit crowd top 10 market cap list + Robert Greene’s new book: The Laws of Human Nature Hardcover – October 23, 2018

Companies

• Tencent Music Won’t Have Investors Dancing in the Streets; The Tencent-backed company is looking for a $25 billion valuation in its IPO in the U.S., despite slowing revenue growth from its main business (WSJ)
• Market cheers Tencent’s US$300 million investment in Chinese video streamer Bilibili (SCMP); Hedge Funds Cheer Tencent Stake in Chinese Video Streamer (Bloomberg)
• China’s Big Brother drafted into trade war; Intel may be forced to stop selling to $39 billion Hikvision (Reuters)
• Nintendo Plans New Version of Switch Next Year; Updated console isn’t expected to adopt the OLED panels used in Apple’s iPhone X series (WSJ)
• New faces and overseas earners lead Nikkei to fresh 27-year highs; The likes of SoftBank, Docomo, Keyence and Recruit crowd top 10 market cap list (Nikkei)

• Repstronics Celebrates 15-Year Anniversary with Koh Young (iconnect)
• Innodisk Showcasing the Latest Storage and Memory Innovations at Global Gaming Expo 2018 (PR News)
• Carsales first to put goods on Reserve Bank’s New Payment Platform (AFR)
• Serko is a provider of travel and expense technology solutions to a growing number of companies including industry giant Flight Centre (MF)
• Yorkshire Building Society Group will deliver a new online mortgage application platform with technology business IRESS. (MS)
• AltiumLive to Feature Altium Designer 19 Release (iconnect)
• Modem rental firm Passpod to raise $2.6m in Indonesia IPO (KRA)

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

• Nomura Fund Manager Dumps 4.3 Million Samsung Shares Before Earnings (Bloomberg)
• Toyota and SoftBank tie up to offer new mobility services (Nikkei, Reuters)

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

• Microsoft’s CFO explains its M&A strategy: It loves to buy ‘communities’ like LinkedIn and GitHub; Amy Hood talked about the importance of “networked assets.” “Those types of assets are always interesting and always will be around the world (CNBC)

Asia Tech & Innovation Trends

• Despite trade war, US investors embrace unprofitable Chinese IPOs in plan for long-term gain (SCMP)
• Japan is embracing the cloud. It will embrace cashless payments, too (TIA)
• Carmakers Throw Money at the Future of Driving; Honda, Toyota’s investments in autonomous vehicles could prove to be pricey endeavors. (Bloomberg)
• Startups to gain better access to Japanese medical records; Certification program underway to ensure privacy protection (Nikkei)
• There’s only one thing Indian online shoppers are loyal to: discounts (qz)
• Indonesia’s Go-Jek could launch ride-hailing service in Singapore this month as it looks to challenge Grab (SCMP)

Global Tech & Innovation Trends

• Upwork Stock Soared After Its IPO as Wall Street Bet on the Freelance Economy (Barron’s)
• Investors Cool on Hotly Anticipated London FinTech IPO; Shares in peer-to-peer lender Funding Circle traded sharply below their offer price (WSJ)
• Talkdesk Raises $100 Million to Make Customer Service Less Terrible; Using cloud technology and machine learning, the startup is said to hit a more than $1 billion valuation. (Bloomberg)
• From investment banker to delivery man: how Deliveroo chief Will Shu built a US$2 billion company (SCMP)
• Network effect: How Shopify is the platform powering the DTC brand revolution (Digiday)

Life

• Robert Greene’s new book: The Laws of Human Nature Hardcover – October 23, 2018 (Amazon)
• This Timeless And Boldly Optimistic Idea Could Change Your Life (Ryan Holiday)
• Anton Chekhov’s 6 Rules for a Great Story; Mastering the essential complementarity of compassion and total objectivity. (BP)
• Ray Dalio: “I think curiosity and character are the two most important attributes to have.” (LinkedIn)
• How to Create Any Habit With Advice From the Four Greatest Habit Masters (BHCM)
• How to Make a Dent in the Universe; “What important truth do few people agree with you on?” (Medium)
• How to come up with a killer brand name (Medium)