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H.E.R.O.’s Journey in Tech (29 December 2018) – AI Competition Is the New Space Race + Stoicism: Finding the courage to live a better life

H.E.R.O.’s Journey in Tech (29 December 2018) – AI Competition Is the New Space Race + Stoicism: Finding the courage to live a better life

Companies

  • Bandai Namco is Looking Into Launching Their Own Esports System (BC)
  • Alibaba’s Ele.me teams up with Bilibili to target China’s indoorsy crowd (Technode)
  • Conservative attitude weakens MediaTek presence in high-end mobile chip market (Digitimes)

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

  • Chinese payment platform Alipay will launch facial recognition payment services at 300 bakeries in Beijing, showing traditional retailers’ resolve in adopting new technologies. (Technode)

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

  • Smart speakers hit critical mass in 2018, with around 41 percent of U.S. consumers now owning a voice-activated speaker, up from 21.5 percent in 2017. Amazon has a 66% share to Google’s 29%. HomePod had 5% (Techcrunch)

Asia Tech & Innovation Trends

  • ByteDance will take over B in China’s BAT (Reuters)
  • E-scooter sharing start-ups ‘not sustainable’, says scooter maker; Tony Ho of Segway-Ninebot says takeovers by bigger rivals are necessary (FT)
  • Chinese children are driving wearable tech in China (Technode)
  • Beijing is speeding up the adoption of facial recognition-enabled smart locks in its public housing programmes as part of efforts to clamp down on tenancy abuse, such as illegal subletting (SCMP)
  • China e-commerce tax cut to boost imports of diapers and cameras (Nikkei)
  • ‘No market can keep us away’: Huawei defiant amid ‘malicious’ backlash (Age)
  • FamilyMart joins chase for Japan’s cashless purses; Japan’s convenience chains gear up to battle internet giants Alibaba and Apple (Nikkei)
  • Hyundai introduces smart self-parking tech (Investor)
  • Video technology company Atomos that makes video camera add-ons for the increasing number of social media influencers has begun trading on the ASX. (AFR)
  • New India Tech Rules Could Face Pushback from U.S. Firms; Data-storage changes and proposals affecting foreign players raise issues for Google, Facebook and others (WSJ)
  • A look at India’s newly minted unicorns (ET)

Global Tech & Innovation Trends

  • AI Competition Is the New Space Race (Bloomberg)
  • The year social networks were no longer social; In praise of private communities (Techcrunch)
  • US dating apps woo Indian market; New entrants Bumble, Tinder and Happn have yet to prove their model can work locally (FT)
  • Researchers Explore Emerging Memories for AI (EE Times)
  • Brain-computer interface: neurozone (FT)
  • Dell returns to market with NYSE listing (Reuters)

Life

  • Stoicism: Finding the courage to live a better life (Medium)
  • Nietzsche and Redemption (Medium)
  • Legacy in the Making: Building a Long-Term Brand to Stand Out in a Short-Term World Hardcover – March 30, 2018 (Amazon); Podcast (TFR)
  • Patrick Collison – CEO of Stripe (Tim Ferris Podcast #353)
  • What Is the Meaning of Life? (TSOL)
  • Create Dangerously: Albert Camus on the Artist as a Voice of Resistance and a Liberator of Society (BP)
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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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