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H.E.R.O.’s Journey in Tech (29 October 2018) – One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members

H.E.R.O.’s Journey in Tech (29 October 2018) – One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members

Companies

  • The Cloud-Gaming Battle Is Coming, and Sony Has Its Game Face On (Bloomberg)
  • Xiaomi’s ‘internet of things’ arm pushes into Japan; Lumi United finds local partner to sell sensors for offices and shops (Nikkei)
  • One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members (FS)

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

  • Alibaba-Net-a-Porter Is New Front in China’s Luxury War; Cartier-owner Richemont wants to improve the prospects of its e-commerce business in the world’s largest luxury market (WSJ)
  • Alibaba counters Amazon in Southeast Asia with high-tech stores; Local arm Lazada knows Asian consumers better than US rival does, exec says (Nikkei)

Asia Tech & Innovation Trends

  • China’s Byton eyes IPO to fund expansion: Automobilwoche (Reuters)
  • China’s Tech Investment Mania Ebbs-For Now; Investors newly cautious about Chinese technology firms, despite underlying confidence in sector’s growth potential (WSJ)
  • Asian chip share rout provides strong indication of a tough 2019 (Nikkei)
  • Grab looks to avoid a price war with ride-hailing rival Go-Jek as it focuses on safe, reliable services (SCMP)

Global Tech & Innovation Trends

  • IBM to acquire software company Red Hat for $34 billion (Reuters); IBM Chases Amazon Into Cloud With $33 Billion Red Hat Purchase (Bloomberg); IBM and Red Hat Are Much Better Together; The two make a more compelling cloud-computing alternative as a combined force than they ever could on their own. (Bloomberg)
  • Expedia acquires Pillow and ApartmentJet to conquer the short-term rental market (Techcrunch)
  • The Economic Value of Artificial Intelligence (WSJ)
  • Dyson Gets Swept Up in Electric-Vehicle Revolution; The company’s investment in cordless technology puts it in a unique position to take advantage of its supply-chain expertise. (Bloomberg)

Life

  • Execution is Everything (25iq)
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