H.E.R.O.’s Journey in Tech (15 November 2018) – Language and search data provider Appen has upgraded its full-year guidance, as demand from the tech giants for information to power their artificial intelligence algorithms continues to boom

H.E.R.O.’s Journey in Tech (15 November 2018) – Language and search data provider Appen has upgraded its full-year guidance, as demand from the tech giants for information to power their artificial intelligence algorithms continues to boom


  • Quartz plans paid-for business coverage and new app; New services are digital publisher’s first moves since it was bought by Uzabase (FT)
  • Fixstars Announces The Release of Expansion Microscopy Studio Including The World’s Fastest Deconvolution Software (PR Newswire)
  • Koei wins China lawsuit over pirated ‘Three Kingdoms’ games; Operator of website 3DM forced to end distribution and pay $230,000 (Nikkei)
  • Appen upgrades guidance as demand for data grows, shares jump (AFR)

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

  • Now’s Not the Time to Celebrate Tencent Earnings; Games remain a problem, while one-time items and new businesses propped up numbers for the Chinese internet company. (Bloomberg); Tencent Longs for The Good Old Days for Games; Beijing will need to show more leniency on approving new videogames if the Chinese tech giant’s shares are to recover (WSJ); Tencent: funny games; Plans to reduce a dependence on gaming make sense (FT); Tencent’s WeChat Giant Is Still Quick on Its Feet; Revenue from its social advertising unit helped prop up sales, helping ease concern about a weaker games business. (Bloomberg); Tencent’s Big Beat Falls Flat With Analysts Pining for New Games (Bloomberg)
  • Tencent in Talks to Join Group Bidding for Amer Sports (Bloomberg)

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

  • Google wants its virtual assistant in every room of your house (CNN)
  • Google and Facebook Still Rule Search, but Amazon’s Catching Up (Barron’s)
  • Amazon to See Soaring Profits From Cloud Computing, Evercore Says (Barron’s)
  • A matter of volume – threat from ascendant Chinese phones hangs over Apple (Reuters); Apple’s Longest Sell-Off Since April Has Cost Investors $107 Billion (Bloomberg)

Asia Tech & Innovation Trends

  • China’s artificial intelligence ambitions hit hurdles; Investment drops as momentum fades (FT)
  • Inside food delivery in China, and its implications for the SEA market; Across China, hundreds of millions of VC dollars are transforming the way people eat. A snapshot. (KRA)
  • China’s Tech Giants Are Primed for More Pain; An awful year for the country’s national champions may have been just a warmup. (Bloomberg)
  • Tik Tok operator ByteDance passes Uber as No.1 unicorn; Chinese developer behind popular 15-second video app valued at $75bn (Nikkei)
  • China Is About to Shake Up the World of Electric Cars (Bloomberg)
  • How to Top the Charts in China; Foreign brands and celebrities need to figure out the country’s unique, and insanely obsessive, fan culture. (Bloomberg)
  • Behind China’s Startup Surge: Meritocracy and ‘Growth Hacks’; ‘No monopoly is safe’ in China, says Ben Harburg, managing partner at MSA Capital (WSJ)
  • Vehicles offering mobile ATMs and other financial services increasingly in demand in Japan after disasters (JT)

Global Tech & Innovation Trends

  • Software for Plumbers and Electricians Is a $1.7 Billion Business (Bloomberg)
  • Tempted to Expense that Strip Club as a Business Dinner? AI Is Watching; Algorithmic auditors are exposing employee expense fraud. (Bloomberg)
  • Uber: a global busyness; Flurry of expansion has come at a cost to revenue growth (FT); Uber Revenue Slows as Quarterly Loss Surges to $1.1 Billion (Bloomberg); Uber Announces Rewards Program for Ride-Hailing, Food Delivery (Bloomberg)
  • Digital legal papers give greater access to justice; Secure systems will lower cost barriers and extend the rule of law (FT); Legal tech uses AI to help business to help itself; Start-ups, established law firms and big organisations are racing to transform professional services (FT); Algorithms tame ambiguities in use of legal data; Machines learn to understand meaning in order to assess contracts and extract trends (FT)
  • Language matters: the real meaning of Big Data; ‘Etymology can give a startling new perspective on many of the phrases we frequently toss around in business’ (FT)
  • Resideo Still Looks Like a Smart Smart-Home Play (Barron’s)
  • Citrix Stock Is Surging This Year With a New CEO (Barron’s)
  • SAP chief confident investors will eventually laud Qualtrics deal; The $8bn acquisition shows how serious European group is in challenging Salesforce (FT)
  • AI Edges to Factory Floor (EE Times)


  • How to Weigh Your Options and Decide Wisely: Benjamin Franklin’s Pioneering Pros and Cons Framework (BP)
  • 50 Successful Companies With Minimal Funding (Crunchbase)

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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