H.E.R.O.’s Journey in Tech (5 December 2018) – Does cloud computing mean game over for Xbox and PlayStation? Hardware makers must adapt to a world where superfast broadband can stream blockbuster games without the need for a box + The Urgency of Slowing Down

H.E.R.O.’s Journey in Tech (5 December 2018) – Does cloud computing mean game over for Xbox and PlayStation? Hardware makers must adapt to a world where superfast broadband can stream blockbuster games without the need for a box + The Urgency of Slowing Down

Companies

  • Google Play removes Cheetah Mobile-backed apps for ad fraud (Technode)
  • NetEase to cease live-streaming operation (Technode)
  • Xero hits 1 million ANZ subscribers as its accounting platform play takes shape (AFR)
  • Citadel Group expands government SaaS offerings with Gruden acquisition (CRN)
  • IRESS expands the number of integrations available to clients (IC)
  • Techbond makes sterling IPO debut, shares up 27% (Star)

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

  • Apple Has Been Reduced to (Gasp!) Salesmanship; Those iPhones aren’t going to move themselves off the shelf anymore. (Bloomberg)
  • Nvidia AI Project Uses Video for 3D (EE Times)

BATTS – Baidu, Alibaba, Tencent, TSMC, Samsung

  • China’s Alibaba Takes On Amazon in European Cloud; Competition shows how Chinese internet firms and Silicon Valley now view Europe as a battleground (WSJ)

Asia Tech & Innovation Trends

  • How tightly should China regulate tech innovation without strangling engine for economic growth? (SCMP)
  • Now locked in head-on rivalry, the US once helped China kick-start its science and technology ambitions (SCMP)
  • Japanese AR sports platform provider Meleap raises $6.6M to cultivate viewership (Bridge)
  • Japanese deep learning startup Abeja raises series C extension round from Google (Bridge)
  • Aibo put to work at Tokyo hospital to improve the mental health of children (Japan Times)
  • JioSaavn becomes India’s answer to Spotify and Apple Music (Techcrunch)
  • Helicopter ride app Blade sets sights on India expansion; Routes from Mumbai to Pune and Shirdi included in US app’s first foreign venture (FT)
  • Some hope at last for India’s homegrown tech sector; Foreign companies all too often thwart ambitions of younger domestic groups (FT)
  • Quantum leap: Sydney startup launches world-first software product (Age)

Global Tech & Innovation Trends

  • Big Tech’s Deal Risk Isn’t Over; Large-scale M&A transactions face growing scrutiny; worries shadowed IBM’s talks with Red Hat (WSJ)
  • Artificial Intelligence Is Giving Rise to Fake Fingerprints. Here’s Why You Should Be Worried (Fortune)
  • Rolls-Royce partners with AI software maker to predict engine performance (Reuters)
  • New UPS navigation tool aims to save time and money with each turn (Reuters)
  • A $500 Device Helps a Mom and Pop Toy Store Find Shoppers on Google (Bloomberg)
  • Catching Up With Zuora On The State Of The Subscription Economy (Crunchbase)
  • The robot revolution down on the farm; Investment is booming in autonomous machines to spray, weed and harvest (FT)
  • Podcast marketplace Acast raises $35m to fuel expansion; Swedish start-up is home to 3,000 podcasts (FT)
  • Does cloud computing mean game over for Xbox and PlayStation? Hardware makers must adapt to a world where superfast broadband can stream blockbuster games without the need for a box (FT)

Life

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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