H.E.R.O.’s Journey in Tech (8 December 2018) – Bandai Namco Establishes Research Institute for Entertainment via AI + How Subscriptions Are Remaking Corporate America

H.E.R.O.’s Journey in Tech (8 December 2018) – Bandai Namco Establishes Research Institute for Entertainment via AI + How Subscriptions Are Remaking Corporate America

Companies

  • Bandai Namco Establishes Research Institute for Entertainment via AI, Other New Tech (ANN)
  • Tencent Music Executive Is Accused of Defrauding Early Investor (Bloomberg)
  • Huawei Effect Threatens China’s Spy-Tech Champion Hikvision (WaPo, Nikkei)
  • Kakao Bank’s co-CEOs reappointed for another term (Investor)
  • HCL Drops Most in Seven Weeks on $1.8 Billion IBM-Asset Buy (Bloomberg)

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

  • Amazon is crowdsourcing Alexa’s answers to tough questions (Techcrunch)
  • Arms Merchant for Anti-Amazon Sellers; Nearly 80% of the top 500 internet retailers use PayPal Checkout, seven times Amazon Pay, its closest competitor, at 11% (Barron’s)
  • The Promising Business That Could Pull Apple Out of its Tailspin (Barron’s)

Asia Tech & Innovation Trends

  • The People’s Republic of Desire: Inside China’s lucrative livestreaming craze (Technode)
  • ‘Huawei freeze’ chills global supply chain; Tight web of partnerships makes Chinese equipment tough to replace (Nikkei)
  • TikTok parent ByteDance said to raise $1.45 billion for AI and content (Techcrunch)
  • Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia (Techcrunch)
  • Snapshot of Tokopedia’s company structure and major shareholders; SoftBank affiliated funds and Alibaba’s Taobao are the biggest backers behind Tokopedia. (KRA)

Global Tech & Innovation Trends

  • How Subscriptions Are Remaking Corporate America (Barron’s)
  • Slack is a runaway success in the US. But can the ’email killer’ translate worldwide? (CNN); Slack hires Goldman Sachs as it eyes IPO next year; Workplace messaging app looks to go public after raising nearly $1.3bn privately; Slack was valued at $7.1bn in its latest fundraising in August (FT)
  • I. as Talent Scout: Unorthodox Hires, and Maybe Lower Pay (NYT)
  • Online cosmetics retailer Birchbox eyes ‘casual beauty customers’ with Walgreens launch (Reuters)
  • DocuSign Stock Surged After It Named a New Female Board Chair (Barron’s)
  • Here’s the Innovation Videogame Companies Can’t Afford to Get Wrong (Barron’s)
  • Ad Tech’s Impossible Mission; Why ad tech won’t be the internet’s savior in its battle for television dollars. (Medium)

Life

  • The Eisenhower Code: Happy to Serve, Reluctant to Lead: Sometimes, the best leaders are those who don’t covet the top job (WSJ)
  • Why do so many people fall for financial scams? Fraudsters play on different emotions, from greed to kindness (Economist); Lessons From the Bernie Madoff Fraud, 10 Years Later (Barron’s)
  • ‘I was vindicated a long time ago,’ says Iceberg’s Arnaud on Noble probe; Noble disputes regulators’ allegations of improper accounting (BT)
  • Attention is not a resource but a way of being alive to the world (Aeon)
  • Want to find fulfillment? Stop trying so hard to find it: You won’t find a magic bullet when it comes to being happy. (FastCo)
  • When Self-Help Just Makes Your Life Worse: The pitfalls of organizing your days around productivity hacks, scheduled mindfulness, and constant self-improvement (Medium)
  • Why Do (So Many) Startups Fail? (Medium)

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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