H.E.R.O.’s Journey in Tech (31 January 2019) – SM Entertainment Enters Into Strategic Partnership Agreement With China’s Tencent Music + What If Unhappiness Contains The Secret To Happiness?

H.E.R.O.’s Journey in Tech (31 January 2019) – SM Entertainment Enters Into Strategic Partnership Agreement With China’s Tencent Music + What If Unhappiness Contains The Secret To Happiness?

Companies

  • SM Entertainment Enters Into Strategic Partnership Agreement With China’s Tencent Music (Soompi); Tencent has built a portfolio of music app sthat have fandom culture at their core; whether that be the live streaming, social features and in-app gaming of Kuwo, virtual tipping on KuGuo Live or VIP passes to get access to special virtual gifts in karaoke app Quanmin K Ge (We Sing). (MIB)
  • Zuken to Acquire Vitech; Vitech Corp.’s GENESYS product is a MBSE software tool that incorporates the key components of building a complex system involving people, processes, data, and documentation (TL)
  • Chat app Line’s mobile payment service is getting its own Visa card (TC)
  • Sam Tsai: The pivotal figure behind Taiwanese e-commerce giant PChome’s entry into Thailand’s e-commerce market (e27)
  • Foxconn reconsidering plans to make LCD panels at Wisconsin plant (Reuters)
  • Zomato in talks to sell UAE biz to German co for $200m; Info Edge, an early backer which owns around 28% of the company, called the battle with Swiggy “a hugely capital-consumptive game” (TOI)
  • Bravura Solutions becomes first tech firm to join GRiD (CM)

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

  • Alibaba growth hits 3-year low as shoppers trim big-ticket buys (Nikkei)
  • Even with one more title on China’s gaming whitelist, Tencent still has its cash-cow titles in limbo (KRA)
  • Tencent to power Hong Kong startups amid its shift to enterprise (Technode)
  • SoftBank’s Massive Debt Burden Looks Worse Than It Actually Is (Bloomberg)

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

  • Apple’s new developer guidelines signal that scammy subscription apps’ time is up (TC)
  • Apple reaches ‘defining moment for Cook’ amid weakening iPhone demand; The company didn’t forecast how many iPhones it will sell, something Apple has done since the product first hit the market in 2007 (JT); If Apple is serious about becoming a services company, it should truly go for it (qz)
  • Apple Stock Is Up. Don’t Buy the Suppliers, Says Analyst. (Barron’s); Apple Is Planning 3-D Cameras for New iPhones in AR Push (Bloomberg)
  • Facebook’s Good Quarter Can’t Hide Tough Ones Ahead; It must leverage news feed and Instagram fans into new offerings and figure out how to monetize them. (Bloomberg); Facebook quietly blocked tools that let people see how its ads are targeted (qz); By defying Apple’s rules, Facebook shows it never learns (Wired); Apple bans Facebook from tech tools for tracking teen browsing habits (Reuters)
  • Microsoft’s Azure revenue growth slows, shares fall (Reuters); Microsoft Sales Meet Estimates; Cloud Concerns Hit Shares (Bloomberg)
  • Google disables iPhone app that studied users’ digital habits (Reuters)
  • Why the Netflix Price Hike Should Worry Investors (Barron’s); How Netflix came to dominate Hollywood (Edge)

Asia Tech & Innovation Trends

  • China’s Online Tutor Startup VIPKid Is Seeking $500 Million at $6 Billion Valuation; The startup saw its losses grow nearly fourfold over a year to almost RMB 1.2 billion ($173 million) in 2017 (TN)
  • China unveils trading rules for new hi-tech board, paving way for bold new market to compete with New York, Hong Kong (SCMP)
  • Passengers could take an autonomous train to Beijing’s new airport starting September (KRA)
  • It’s time to pay serious attention to TikTok (TC); World’s most valuable start-up ByteDance slashes ‘lucky money’ for Year of the Pig as founder warns of challenging 2019 (SCMP)
  • As carmakers go all in for tech, Akebono and suppliers left behind; Toyota and peers demand price cuts to free up cash for future vehicles (Nikkei)
  • Paytm enters hotel booking business, buys NightStay (ET)

Global Tech & Innovation Trends

  • Robot valets may soon park your car at this London airport (CNN)
  • AI could run your life in 2030, as consumers look to tech to make lives easier (TODAY)
  • A Tech Firm Far From Silicon Valley Churns Out Billionaires; Shares of payments upstart Adyen have almost tripled since IPO (Bloomberg)
  • AI Tradeoff: Accuracy or Robustness? (EE Times)
  • Home improvement platform Houzz lays off 180, reportedly gears up for public listing (TC)
  • As AMD Stock Soars, CEO Says Its ‘Superior’ Chips Will Win in 2019 (Barron’s)
  • PayPal stock falls after outlook miss, but CEO says Venmo has hit a ‘significant transition point’ (MW); PayPal Sales Miss Estimates for the First Time Since 2015 (Bloomberg)

Life

  • What If Unhappiness Contains The Secret To Happiness? (Medium)
  • The secret of great learners: Focus on the process, not the outcome (MT)

H.E.R.O.’s Journey in Tech (30 January 2019) – The co-founder of Automation Anywhere says that a professional skilled in robotic process automation (RPA) can earn up to a 30-percent higher salary; Accenture to Sell RPA Software That Helped It Cut 40,000 Jobs

H.E.R.O.’s Journey in Tech (30 January 2019) – The co-founder of Automation Anywhere says that a professional skilled in robotic process automation (RPA) can earn up to a 30-percent higher salary; Accenture to Sell RPA Software That Helped It Cut 40,000 Jobs

Companies

  • Huawei Is Blocked in U.S., But Its Chips Power Cameras Everywhere; The law also specifically mentions Chinese surveillance camera makers Dahua and Hikvision as companies that can’t supply the U.S. government (Bloomberg)
  • USI Planned to Sign a Contract to Invest in Huizhou Daya Bay New Plant Project (AO)
  • Line.me surpasses 1 million users; The app was founded by Lensa Corp. – a joint venture between En-Japan Inc. (51 percent) and Line Corp. (49 percent) – in Oct. last year (AIM); Listings from Japanese tech-focused staffing firm En-Japan Inc. are now being indexed by Google for Jobs in a bid to reach a broader audience. (AIM)
  • Kakao mulls acquiring Nexon (Investor)
  • Holtek net profit rises 15% on foreign-exchange gains (TT); Holtek enters wireless headset supply chains of China handset vendors (Digitimes)
  • Afterpay challenger Splitit up 90 per cent on first day of trade (AFR)

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

  • Alibaba’s alternative to the app store reaches 230M daily users (TC)
  • Tencent works with Hong Kong’s science park to spur local fintech development (SCMP)

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

  • Amazon and Microsoft Stock Will See Long-Term Gains From Cloud Trends (Barron’s)
  • The Endgame for LinkedIn Is Coming for Microsoft (Medium)
  • Nvidia is latest sign that the cloud boom is dying (MW)

Asia Tech & Innovation Trends

  • Shenzhen-based Hive Box says 5% of all parcels delivered by couriers in China end up in its smart lockers (KRA)
  • Behind the rise of China’s smartphone brands lies growing unease over country’s tech gains (SCMP)
  • How China acquired mastery of vital microchip technology; The rise of NavTech shines light on Beijing’s methods in cultivating semiconductor winners (FT)
  • Japan Display’s brief success is familiar national champion’s tale; Key iPhone supplier hobbled by low-cost competition and questionable investment decisions (FT)

Global Tech & Innovation Trends

  • SAP job cuts prove harsh realities of enterprise transformation (TC, MW)
  • Researchers take step closer to creating tech that can read minds; Columbia University team constructed clear synthetic speech by processing human brain activity (FT)
  • How AI Is Transforming The Next Generation Of Vehicles (Forbes)
  • The co-founder of Automation Anywhere says that a professional skilled in robotic process automation (RPA) can earn up to a 30-percent higher salary (Forbes); Accenture to Sell Software That Helped It Cut 40,000 Jobs (Bloomberg)
  • FanAI buys Waypoint Media to better track fan engagement for streaming monetization (TC)
  • Slack now has more than 10 million daily active users (TC)
  • WeWork could challenge Starbucks in China with new on-demand service (TC)
  • Waymo Met With More Than 12 Carmakers in 2016 on Driverless Tech (Bloomberg)
  • Square Stock Is Downgraded on Worry Over Slowing Growth (Barron’s)

Life

  • The Single Greatest Error (Batnick)

H.E.R.O.’s Journey in Tech (29 January 2019) – AI loan screening for Japan regional banks to take only seconds + Getting Ahead By Being Inefficient

H.E.R.O.’s Journey in Tech (29 January 2019) – AI loan screening for Japan regional banks to take only seconds + Getting Ahead By Being Inefficient

Companies

  • 111 Inc plans to help China’s generic drug makers better compete by slashing marketing and distribution costs; China’s largest online pharmacy has also signed a deal with Eli Lilly, giving the US pharmaceutical giant access to its cloud computing solution (SCMP)
  • Tencent-backed Maoyan prices Hong Kong IPO at lower end, raises $250 million (Reuters)
  • Xiaomi’s Rout Throws a Spotlight on Hong Kong’s Expiring Lockups (Bloomberg)
  • ARQIS has advised Hamamatsu Photonics Deutschland on the acquisition of a minority interest in Menlo Systems, a leading developer and worldwide supplier of instruments for precision metrology (PEW)
  • Restaurants in Japan boost delivery services ahead of tax windfall; Relief measure cooks up demand for Uber Eats and local services; Demae-can, the food delivery platform operated by Yume no Machi Souzou Iinkai, is already seeing increased business (Nikkei)
  • Kids contents creating company CarrieSoft is planning to get listed on the second-tier KOSDAQ market in 2019. The company’s unique business model of making revenue by creating YouTube videos for kids, selling intellectual property rights and producing toys and goods with the characters used in its contents, will be evaluated as its potential technology that can grow the company. Established in 2014, CarrieSoft’s sales in 2017 reached 6.3 billion won (US$5.65 million), while posting 400 million won operating profit. Industry insiders estimate that it sales last year surged to around 10 billion won (Investor)
  • ASMedia lands mainstream PCIe chip design orders from AMD (Digitimes)
  • Automotive-centric semiconductor players to drive tech sector (Edge)
  • DBS suspends coverage of Y Ventures after restatement of 1H18 results on admin errors; Group now expects FY18 loss (Edge)

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

  • Can WeChat defend its social media predominance by blocking its competitors? (SCMP)
  • Alibaba Shows Signs of Strain as China’s Economy Shudders (Bloomberg)
  • TSMC chip output for Nvidia and Huawei hit by defective chemical (Nikkei)

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

  • Facebook Watch Isn’t Living Up to Its Name; The company’s lackluster video tab still has a lot to prove to both viewers and advertisers. (Bloomberg)
  • Google, Amazon seek foothold in electricity as home automation grows (Fox)
  • Why a tiny screw caused big problems for Apple (Age)
  • An Apple Videogame Subscription Service Makes Sense. Will It Happen? (Barron’s)
  • Chipmakers Slide as Nvidia’s Outlook Underlines Growth Fears (Bloomberg); Nvidia Short-Sellers Reap $457 Million in Monday’s Rout, S3 Says (Bloomberg)

Asia Tech & Innovation Trends

  • China’s work ethic stretches beyond ‘996’ as tech companies feel the impact of slowdown (SCMP)
  • AI loan screening for Japan regional banks to take only seconds (Nikkei)
  • Japanese officials will target millions of IoT devices to help secure the Olympics (TNW)
  • Taiwan firms gearing up for OLED market boom (Digitimes)
  • Grab moves into video content with Hooq (TIA)

Global Tech & Innovation Trends

  • The four types of music subscription models in 2019 (MBWW)
  • Kite raises $17M for its AI-driven code completion tool (TC)
  • Scout24’s market value fell sharply last year after lawmakers suggested that property vendors should pay real estate agents’ commissions instead of passing them on to buyers (Bloomberg)
  • The BuzzFeed Lesson (Stratechery)
  • Eureka Park: Startup teams present wide-ranging AI engines targeting diverse applications (Digitimes)
  • Humans Question Their AI-Based Future; Smart machines are now being applied to activities requiring intelligence and cognitive capabilities (WSJ)
  • Wayfair Stock Can Rise Another 30%, Says Analyst (Barron’s)
  • This Analyst Sees Grubhub Stock Rising 60% (Barron’s)
  • Dropbox to Acquire E-Signature Software Company HelloSign; Deal is worth $230 million, expected to close this quarter (Bloomberg); Dropbox Drops $230M To Get Into The Digital Signature Game (CB)
  • Snapchat weighs what was once unthinkable – permanent snaps (Reuters)

Life

  • Getting Ahead By Being Inefficient (FS)
  • What Charles Darwin can teach us about beating creative block (qz)

H.E.R.O.’s Journey in Tech (28 January 2019) – Tencent Music Co-Presidents Cross Into Billionaire Terrain + Charlie Munger on learning to be a great investor

H.E.R.O.’s Journey in Tech (28 January 2019) – Tencent Music Co-Presidents Cross Into Billionaire Terrain + Charlie Munger on learning to be a great investor

Companies

  • Tencent Music Co-Presidents Cross Into Billionaire Terrain (Forbes)
  • iFlytek: China looks to built ‘smart courts’ with AI; The platform can recognize verbal commands to display relevant information. It can also transcribe speech while identifying speakers. (Technode)
  • As Demand Stagnates, China LED Lighting Giant Feels the Heat (Bloomberg)
  • Sensor maker Cub Elecparts to integrate radar systems subsidiary (TT)

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

  • ByteDance and Tencent squabble over social media “clean-up” (KRA)

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

  • The fall of Facebook has only begun. The platform is broken and neither human nor machine can fix it. Even after losing roughly a third of its market cap, it still may prove one of the great shorts of all time. (Medium)
  • Amazon is everywhere, and companies can’t stop talking about it (qz)
  • Amazon to ‘revolutionise’ shopping with ‘virtual changing room’ app (Telegraph)
  • Google, Amazon Seek Foothold in Electricity as Home Automation Grows; Tech companies look to expand their reach, reap consumer data as smart-home ecosystem expands (WSJ)
  • Google Memo on Cost Cuts Sparks Heated Debate Inside Company (Bloomberg)
  • Steve Jobs Never Wanted Us to Use Our iPhones Like This; The devices have become our constant companions. This was not the plan. (NYT)

Asia Tech & Innovation Trends

  • Ofo’s demise highlights risks of Chinese tech model; How subsidising consumers to win market domination bled bike-share service dry (FT)
  • Why do people in China spend so much on livestreamers? (TIA)
  • Autonomous service vehicles gaining ground (China Daily)
  • Drone maker DJI eyes enterprise business in transformation from hardware maker to platform operator (SCMP)
  • China created a unicorn every 3.8 days in 2018 (SCMP)
  • Asian tech suppliers brace for prolonged downturn (Nikkei)
  • Japanese AI startup Cinnamon closes series B round with $13.7M in funding (Bridge)
  • Going walletless: Korea’s mobile payment market diversifies as competition grows (Investor)
  • Korean gaming industry faces deeper Chinese invasion (Investor)
  • India’s Ola slashes its budget for Foodpanda (TIA)
  • Singaporean online parenting startup theAsianparent to raise new round led by Fosun (KRA)
  • Five of the eight films nominated for the best picture Oscar for 2019 last week were made using products from a relatively unknown Australian company. (Age)

Global Tech & Innovation Trends

  • Another tech bubble could be about to burst; We are in the late stages of a credit cycle, with too much money chasing too little value (FT)
  • Philips lights on AI to target growth in healthcare; Predictive data from devices will be used to avert medical crises (FT)
  • How AI, blockchain, and wearables are changing the face of healthcare (TNW)
  • Airbnb acquires Denmark’s Gaest to expand in bookings for meetings and offsites (TC)
  • A New, Faster Approach To Data Science And Machine Learning (Forbes)
  • Is The Direct-To-Consumer Bedding Business Turning Into A Bad Dream? (Forbes)
  • New Job for Robots: Taking Stock for Retailers; As retail supply chains get more complicated, stores are looking at mobile data collection to track inventory levels (WSJ)
  • Munchery Becomes the Latest Casualty of the Food Delivery Shakeout; Employees in tears, leftover food and unpaid bills marked the final days of a once-buzzy on-demand darling. (Bloomberg)
  • BuzzFeed, and the bursting digital media bubble (Age)

Life

  • Charlie Munger on learning to be a great investor. “The trouble with the Wrigley Gum-type investments is that everybody can see that they’re wonderful businesses. So you look at it and you think, My God! The thing’s at eight times book value or something. And everything else is at three times book value.’ So you think, ‘I know it’s wonderful, but is it wonderful enough to justify that big a premium?'” The ability to answer such questions explains why some people are successful investors and others are not. “On the other hand, if it weren’t a little difficult, everybody would be rich,” Munger insisted. (VIW)
  • In Search of the Canary Tree: What a Disappearing Ancient Forest Can Teach Us About Resilience and Grace in a Changing World (BP)
  • US$369.6 million in defaults at apparently cash-rich firms expose flaws in mainland Chinese auditing practices (SCMP)
  • SGX to get tougher on auditing of listed companies with proposed new rules (ST); SGX RegCo teams up with professional body of valuers to tackle problem of questionable valuations (Edge)

H.E.R.O.’s Journey in Tech (26 January 2019) – Software Stocks Can Work In Good or Bad Times + When Charlie Munger Calls, Listen and Learn

H.E.R.O.’s Journey in Tech (26 January 2019) – Software Stocks Can Work In Good or Bad Times + When Charlie Munger Calls, Listen and Learn

Companies

  • Grainger eyes mid-size companies as it invests more in Zoro.com; “Our single-channel businesses, mainly MonotaRO and Zoro, continue to drive profitable growth” (DC)
  • Trend Micro launches regional AMEA HQ in Singapore; deepens region’s cyber capabilities (NWA)
  • Rakuten’s package delivery drones to take flight soon; Rural areas in Japan would be serviced, but cost is a concern (Nikkei)
  • Koh Young to Demo Hermes and CFX Lines at IPC APEX EXPO 2019 (iconnect)
  • Taiwan’s Delta Electronics eyes Krishnagiri for Rs 4,000 electronic plant (NIE)
  • Afterpay’s quest to be the global platform connecting retailers with Millennials (AFR)
  • How AfterPay and Pro Medicus show why you must buy founder-led companies (MF)
  • Mukesh Ambani wants to be India’s first internet tycoon; Thanks to his ambitions, Indians are getting online faster than ever (Economist)

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

  • Consumption remains engine and driving force for China’s growth, Alibaba CEO says (SCMP); ‘Distorted’ private tech market valuations to see correction in next six to nine months, says Alibaba’s Joe Tsai (SCMP)

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

  • Facebook Has Got the Wrong Kind of Friends; Facebook’s user base is growing, but it may be shrinking where it matters (WSJ)
  • Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger: NYT (Reuters); Why Facebook Can’t Resist Integrating WhatsApp; The decision to unite its empire is both an inevitable end to independence for its disparate properties, and a barrier against calls for a breakup. (Bloomberg)
  • Facebook knowingly duped game-playing kids and their parents out of money (Reveal)
  • Where Amazon Returns Go to Be Resold by Hustlers; Welcome to the abyss of the “reverse supply chain,” where hope springs eternal. (Atlantic)
  • Brands Invent New Lines for Only Amazon to Sell; Amazon gets exclusive products, while brands receive faster customer feedback, marketing support and increased sales (WSJ)
  • Startups Find It Easy To Let Alexa Speak On Their Behalf (CB)
  • DeepMind’s AlphaStar Reminds Us That AI Is Still Dependent On Human Creativity (Forbes); DeepMind AI Beats Professional Human StarCraft II Players (Forbes)
  • Why Microsoft Is the ‘Best-Positioned Firm in Tech’ (Barron’s)
  • How NVIDIA Built A Record-Breaking AI Supercomputer In Under 3 Weeks (Forbes)
  • Netflix setting bad example for China’s video streamers; Losses widen amid content arms race but platforms will struggle to retain subscribers (FT)
  • Nvidia’s “Kitchen Manipulator” Robot Uses AI To Cook Meals (ZH)

Asia Tech & Innovation Trends

  • Bytedance’s WeChat rival Duoshan hits 1 million downloads (Technode)
  • Meet the little-known Chinese Wi-Fi startup that rubs shoulders with WeChat and Alipay; The app that gives people free Wi-Fi has 800 million monthly active users worldwide (TC)
  • Fundraising by China’s startups surges to $80bn (Nikkei)
  • Lessons from the fall of China’s bike-sharing pioneer; Ofo’s young founder is banned from pricey hotels and first-class flying (Economist)

Global Tech & Innovation Trends

  • Software Stocks Can Work In Good or Bad Times (Barron’s)
  • Slack faces growing challenge from Microsoft; Stewart Butterfield, the entrepreneur who founded Slack, faces renewed competition with Microsoft’s Teams (FT)
  • Automakers may have completely overestimated how many people want electric cars (qz)
  • IPO Hopes Trigger Scramble for Shares of Top Unicorns; But transactions are hard to track and some questionable practices have arisen (WSJ)
  • Tesla Should Pull an Apple: Leave ‘Production Hell’ to Other People; The real money isn’t in building beautiful things. It’s in creating them. (WSJ)
  • Dell May Be Unloved Right Now, but Its VMware Stake Is a Silver Lining (Barron’s)
  • Humans Question Their AI-Based Future; Smart machines are now being applied to activities requiring intelligence and cognitive capabilities (WSJ)
  • Over 70 nations agree to hammer out global rules for e-commerce; China joins effort led by the US, EU and Japan despite opposing free data flow (Nikkei)
  • When do AI-related inventions merit a patent? (SCMP)
  • The myth of uber for x (II)
  • 3D Vision Enhancing Robot Opportunities (EE Times)

Life

  • When Charlie Munger Calls, Listen and Learn (WSJ)
  • The Era of “Move Fast and Break Things” Is Over; What systemic, societal change do you aspire to create with your product? “Minimum viable products” must be replaced by “minimum virtuous products” (HBR)
  • Eugene Wei – Tech, Media, and Culture – [Invest Like the Best, EP.117] (IFG)
  • Howard Schultz Teaches You How To Be A Leader In A Crisis (Forbes)
  • Sam Altman: How To Be Successful (Sam Altman)
  • Why We Worry (and How to Stop) (Medium)
  • The 1800-year-old handbook for a “tranquil flow of life” (Medium)

H.E.R.O.’s Journey in Tech (25 January 2019) – Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire + Susan Cain – How to Overcome Fear and Embrace Creativity (#357)

H.E.R.O.’s Journey in Tech (25 January 2019) – Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire + Susan Cain – How to Overcome Fear and Embrace Creativity (#357)

Companies

  • Meituan to invest $1.7 billion in push to digitize merchant partners (Technode)
  • Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire (AFR)

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

  • Latest WeChat update hints at its ‘operating system’ ambitions (Technode)
  • Entrepreneurs should focus on the problem, not the technology, says Alibaba’s Joe Tsai (SCMP)

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

  • Facebook Slides After Report Claims 50% Of Its Users Are Fake (ZH)
  • AWS launches Neo-AI, an open-source tool for tuning ML models (TC)
  • The prime challenges for Amazon’s new delivery robot (Wred)
  • Amazon Can’t Fix Facial Recognition; Companies lack incentives to stop the creepiness. (Bloomberg)
  • Amazon offers cautionary tale of AI-assisted hiring (FT)
  • Apple Self-Driving Car Layoffs Are a Nod to Reality; It was never clear that Apple managed to develop the partnerships it needed. Now it should focus on the bets it can win. (Bloomberg)
  • Google’s StarCraft-playing AI is crushing pro gamers (CNN)

Asia Tech & Innovation Trends

  • Quasi-unicorn IceKredit aims to leverage AI in becoming China’s FICO (Technode)
  • Bing, Baidu and a Big Mess for Chinese Search Engines; Internet users are wondering why Microsoft-owned Bing is suddenly inaccessible in China. The sector faces some even bigger questions. (WSJ)
  • Japanese firms hopping on ride-hailing bandwagon in Southeast Asia (JT)
  • Korea is home to 6 unicorn startups: Coupang, Bluehole, Yello Mobile, Woowa Brothers, L&P Cosmetics and Viva Republica (Investor)
  • “We’re seeing $2.5b for food delivery in Indonesia alone”: Go-Jek on transaction value, international expansion, and IPO plans (KRA)
  • Go-Jek makes first close of $2 billion round at $9.5 billion valuation (TC)
  • In the business of improving other businesses: Malaysia’s game-changers in the B2B spectrum (e27)

Global Tech & Innovation Trends

  • Heathrow Turns to AI to Cut Gap Between Flights by 20 Seconds (Bloomberg)
  • Blue Prism looks to partners to expand robotic process automation with AI (TC)
  • Top 10 US subscription video apps pulled in $1.3B last year, a 62% increase from 2017 (TC)
  • How Uber Eats’ Starbucks delivery deal changes the American delivery wars (TN)
  • Are Consumers Ready To Buy And Sell Homes Online? (PYMNTS)
  • Instacart CEO reaffirms IPO is ‘definitely’ on the horizon (CNN)
  • Palo Alto Networks Stock to Rally on Rising Security Spending, Analyst Says (Barron’s)
  • Fog, Edge Networks Merge in IoT (EE Times)
  • Dutch AI Startup Wants to Reveal the Real Value of Your Property (Bloomberg)
  • Weak Intel outlook stokes fears of a chip slowdown (Reuters)

Life

  • Susan Cain – How to Overcome Fear and Embrace Creativity (#357) (Tim Ferris)
  • Billions to Bust: Lessons from the failure of some of India’s biggest business names. (BT)

H.E.R.O.’s Journey in Tech (24 January 2019) – Why stock-plunges happen so often in HK

H.E.R.O.’s Journey in Tech (24 January 2019) – Why stock-plunges happen so often in HK

Companies

  • Cyber security giant Trend Micro has launched its new Asia-Pacific, Middle East and Africa (AMEA) headquarters in Singapore. (ST)
  • Pinduoduo got “fleeced” through a loophole which enabled users to get unlimited online coupons worth approximately US$15 each; these kind of schemes have become widespread in China, where many tech companies compete for users by handing out cash Incentives (AN)
  • Koh Young Technology to Highlight Next-Level Connectivity at IPC APEX EXPO 2019 (iconnect)

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

  • Chinese KOL proclaims the death of Baidu as search engine; The KOL claims Baidu’s strategy to direct search results to its own services is like drinking poison to quench the thirst. (KRA)
  • Tencent no longer allows users to create an account on Bytedance’s Douyin via WeChat (KRA)
  • Why Tech Giant Samsung Will Start Earning Less Money (Forbes)
  • China’s Internet Watchdog Closes Hundreds of Websites, Criticizes Tencent App; Regulator targets what it calls harmful and vulgar content (WSJ)
  • TSMC’s Outlook Underscores Foundry Market Challenges (EE Times)

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

  • YouTube TV is officially becoming available nationwide (TC)
  • Microsoft’s Bing blocked in China: FT report (Reuters)
  • Amazon’s Pitch to Woo Shippers: Fewer Fees Than FedEx, UPS; New seven-day delivery service offers to pick up parcels and bring to residences, without added fuel or weekend surcharges (WSJ)
  • ‘They offered us everything but the kitchen sink’: DTC brands are mostly spurning Amazon (DD)
  • Amazon debuts its adorable delivery robot called Scout (CNBC)

Asia Tech & Innovation Trends

  • Chinese tech giant WeBank poised to disrupt Australian banking sector (AFR)
  • Online Forums Give China’s Investors Market-Moving Intel (Bloomberg)
  • Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown (Bloomberg)
  • Big Brother startups offer white knuckle returns (Reuters)
  • Latest trick for Sony’s Aibo robotic pooch: Acting as watchdog (Japan Times)
  • KDDI in talks for near-50% stake in online brokerage Kabu.com (Nikkei)
  • Poll apps: Giving power to the people; From helping citizens register into the electoral rolls to analysing data on candidates and their performance, technology platforms are reshaping political conversations to give voters a stronger voice (Forbes)
  • Millennials in India Are Turning to Algorithms for Love (Bloomberg)

Global Tech & Innovation Trends

  • ‘It’s Frankly Great for Us’: MongoDB CEO Welcomes Amazon Rivalry (Bloomberg)
  • Adobe acquires Allegorithmic, makers of the Substance texture tools (TC)
  • Sherpa, a Spanish voice assistant, expands Series A to $15M as it passes 5M users (TC)
  • Wynd raises $82 million for its store management service (TC)
  • 3-D Printing Unicorn Desktop Metal Grabs Another $160 Million As It Prepares To Ship Its Mass-Production Printers (Forbes)
  • Open-Source Unicorn: Confluent Reaches $2.5 Billion Valuation Three Years After Hiring Its First Sales Rep (Forbes)
  • A Dot-Com Era Survivor Is Back With Minted, A $700M Stationery Startup For The Instagram Generation (Forbes)
  • Boeing’s first autonomous air taxi flight ends in fewer than 60 seconds (CNN); Boeing’s flying car lifts off in race to revolutionise urban travel (Reuters)
  • As Google races ahead, German carmakers look to go faster on autonomous driving (Reuters)
  • Is Spotify’s Model Wiping Out Music’s Middle Class? Fans may assume the $10 they pay for a monthly streaming subscription goes to the artists they listen to most. That’s not the case. Now, a growing number of musicians and industry players want change (Ringer)
  • Ebay/Elliott: mother knows best: The core marketplace business already quite large (FT)
  • BuzzFeed to Cut 15% of Its Workforce; BuzzFeed has raised about $500 million and was valued at about $1.7 billion following its last funding round in 2016. (WSJ)
  • Patreon is on track to reach $1 billion in total payments to creators; Millions of fans are delighted to make an ongoing financial commitment to the people whose work they love-and there’s more to come. (FastCo)
  • Meet the New Payment Champions, Same as the Old Ones; New ways to pay for things still lead back to Visa and Mastercard (WSJ)
  • Not All Marketplaces are Created Equal: Tales of a Marketplace Founder (Medium)
  • Machine learning is a sweet way to tell if your honey is fake; One of the world’s most adulterated foods could get a new authenticity test, thanks to software that has “learned” to recognize certain grains of pollen. (FastCo)
  • Boosting mall revenues through advanced analytics (McKinsey)
  • com Introduces Only Automatic Solution to Auto-Populate Options and Features Data for All Dealer Listings (GF)

Life

  • Why stock-plunges happen so often in HK (Webb)
  • Feeling “Weird” is a Necessary Step to Reaching Success (Medium)

H.E.R.O.’s Journey in Tech (23 January 2019) – The Art of Decision-Making: Your life choices aren’t just about what you want to do; they’re about who you want to be.

H.E.R.O.’s Journey in Tech (23 January 2019) – The Art of Decision-Making: Your life choices aren’t just about what you want to do; they’re about who you want to be.

Companies

  • Tencent Music Stock Upgraded: What You Need to Know (MF)
  • Apple Supplier Han’s Laser Loses Half Its Value But Foreign Funds Just Won’t Sell (Bloomberg)

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

  • Baidu Takes a Beating on Citi Price Cut, China Fears (Barron’s)
  • Tencent looks for growth after year to forget; Chinese tech group focuses on enterprise and the cloud after losing a third of its value in 2018 (FT)

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

  • Microsoft Seeks to Restrict Abuse of its Facial Recognition AI (Bloomberg)
  • DJI and Microsoft are working on AI drones that can recognize objects (TIA)
  • Apple Pay is a sleeper hit (qz)
  • Amazon Go, One Year Old, Has Attracted a Host of Cashierless Imitators (Bloomberg)
  • Netflix Flexes (Stratechery)

Asia Tech & Innovation Trends

  • Shanghai’s hotly anticipated tech board vital to China’s global financial ambitions, says top official (SCMP)
  • Hong Kong’s property surveyors just about survive the onslaught of automation in the industry … but for how long (SCMP)
  • Japan Is Getting Serious About Flying Cars; The country’s once-envied government skunk works has set its sights on speeding up the arrival of aerial taxis and trucks. (Bloomberg)
  • Toyota Finally Has the Power in Electric Cars; Bringing battery production in-house through a majority-owned venture with Panasonic is a smart move. (Bloomberg)
  • Tinder, not just a dating app in Korea (Investor)

Global Tech & Innovation Trends

  • Unicorns Are About to Chew an $80 Billion Hole in the Surface of Stocks (Bloomberg)
  • Just Eat acquires restaurant software platform Flyt for £22M (TC)
  • Logitech Raises Its Profit Outlook on Strong Gaming Market (Barron’s)
  • Viacom will buy Pluto TV streaming service for $340 million (Reuters)
  • Hedge funds push for overhaul at eBay (Reuters); EBay CEO Has a Stark Choice: Show Growth or Break Up Company (Bloomberg); Elliott Has a Point When It Comes to EBay; Marketplaces are critical to e-commerce, and the company could do more to compete with Amazon and Walmart. (Bloomberg)
  • Waymo says it will build self-driving cars in Michigan (Reuters)
  • Gene-Editing Stocks Plunge on Editas CEO Exit, Crispr Downgrade (Bloomberg)
  • Lime and Bird Raise Millions, But at Far Lower Valuations Than Hoped; Scooter startups chastened as winter weather deters travelers (Bloomberg)
  • Lam Research Supply Chain Flashing Bearish Signals Into Earnings (Bloomberg)
  • SatNav’s Fallen King Gets $1 Billion to Play With; It’s just possible that TomTom’s founders may be trying to find a way to buy the 53 percent of the company that they don’t own already (Bloomberg)
  • UPS Expands Keyless Apartment-Building Entry Started in NYC; The efficiency gains from not having to resend packages or fumble with a ring full of keys prompted UPS to extend the service to 10 other cities where high-rise residential towers are common (Bloomberg)
  • How Wall-E inspired the delivery robot coming to your city soon (FastCo)

Life

  • Life as a Work of Art (Zat Rana)
  • The Art of Decision-Making: Your life choices aren’t just about what you want to do; they’re about who you want to be. (New Yorker)
  • China Companies Suspected of Buying Own Bonds to Spur Demand (Bloomberg)
  • Hong Kong’s Billion-Dollar Plunges Highlight Share Pledge Danger (Bloomberg)
  • The Things John Bogle Taught Us: Humility, Ethics and Simplicity (NYT)
  • Detecting Opportunistic Special Items. Abstract: The frequency of special items has increased dramatically over time, offering a convenient conduit for the inappropriate classification of past, present, and future recurring expenses as non-recurring. Identifying this misclassification is especially important in light of the pervasive use of non-GAAP earnings in recent periods, as special items offer camouflage for excluded recurring expenses. Building on prior research, we propose a method for identifying the predicted level of special items, attributing any excess to opportunism, and demonstrate the importance of this partitioning for financial statement users. In particular, we provide evidence that the opportunistic portion of special items is associated with lower future earnings, cash flows, and returns. We conclude that this portion of special items is more likely to contain opportunistically misclassified recurring expenses that should have been recognized as such in prior, current, or future periods. Thus, we provide a meaningful partition of special items that should be useful to investors, analysts, creditors, auditors, and regulators, as each of these parties must assess the implications of special items. (SSRN)

H.E.R.O.’s Journey in Tech (22 January 2019) – Bezos vs Ambani: The Billionaire Bout That Had to Happen; The Amazon founder will be fighting the battle for Indian consumers with one hand tied behind his back; Life is dhukka; Return on Courage : A Business Playbook for Courageous Change

H.E.R.O.’s Journey in Tech (22 January 2019) – Bezos vs Ambani: The Billionaire Bout That Had to Happen; The Amazon founder will be fighting the battle for Indian consumers with one hand tied behind his back; Life is dhukka; Return on Courage : A Business Playbook for Courageous Change

Companies

  • Tencent Music stock upgraded by JPMorgan and HSBC (MBW)
  • SMS Co’s medical information company MIMS expands to US, Europe through tie-up (BT)
  • Recruit Holdings’ Job board Glassdoor, announced that it has entered the Asia Pacific with the launch of localised website and mobile apps in Singapore, Hong Kong and New Zealand. (SI)
  • Machinery maker Hiwin Technologies Co (上銀) could achieve double-digit growth in annual revenue this year, with the second half of the year likely to be better than the first half (TT)
  • Kakao Pay, KT to take part in govt’s Zero Pay (Investor)

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

  • China approves third batch of video games; still no Tencent (Reuters)

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

  • Bezos vs Ambani: The Billionaire Bout That Had to Happen; The Amazon founder will be fighting the battle for Indian consumers with one hand tied behind his back. (Bloomberg)
  • Facebook’s WhatsApp limits text forwards to five recipients to curb rumors (Reuters)

Asia Tech & Innovation Trends

  • Ad for fraud-linked medical group causes uproar on Q&A site Zhihu (Technode)
  • China’s co-working operators squeezed by a lack of funding are shutting down (SCMP)
  • US government shutdown delays 20 Chinese companies’ IPO plans (KRA)
  • China Wants to Dominate the Internet; Its new geopolitical strategy is a threat to open networks. America and its allies must respond. (Bloomberg)
  • Data sharing among ‘Fourth Industrial Revolution’ goals (Japan Times)
  • Thai virtual reality startup Infofed dips its toes in game-casting; Infofed’s plan is to build e-sports into a tourism subset and encourage a new professional workforce. (KRA)
  • Indian budget accommodation unicorn OYO enters Philippine market (KRA)
  • OVO participates in Warung Pintar’s $27.5m series B round; Founded in 2017, Warung Pintar now has 1150 kiosk partners and aims at more than 5000 by end of this year. (KRA)
  • Travelstop launches in 7 markets to expand further in Asia’s business travel sector (KRA)

Global Tech & Innovation Trends

  • Invoice finance platform MarketInvoice raises $33.5M from Barclays, Santander (TC)
  • Flexciton is using AI to help factories optimise production lines (TC)
  • Kaia Health gets $10M support for AI-powered management of chronic pain (TC)
  • The challenges of moderating online content with deep learning (TNW)
  • Intel’s Tough Act to Follow; Chip-making giant faces several challenges following record-breaking year (WSJ)
  • Meal-delivery startup Munchery shuts down after raising $125.4m (MW); Just Eat CEO Quits Without Delivering the Takeaway; Plumb is leaving before his plan to build an army of delivery drivers shows signs of paying off. (Bloomberg)
  • Tesla’s real problem is that a lot of the traditional methods for cutting those costs have been tapped (FT)
  • Cofounders Of E-Payment Service Used By Netflix and Spotify Are The Netherlands’ Newest Billionaires (Forbes)
  • Qualcomm’s Stealth Program More ADAS than AV (EE Times)

Life

  • Life is dhukka (Ascent)
  • Shares of Thailand’s top hospital operator by market value and its No. 2 airline sank after the resignation of their billionaire founder, who was banned by the country’s securities regulator for share-price manipulation (Bloomberg)
  • “Attention without feeling . is only a report.” (BP)
  • Remembering Jack Bogle and Herb Kelleher, Two Great Strategists (HBR)
  • Grit + Imagination = Success (Mission)
  • Three Traits of Mission-Driven Founders (Medium)
  • The Best Entrepreneurs Are Missionaries, Not Mercenaries (HBR)
  • The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation, and Growth 1st Edition (Amazon)
  • Unlocking Creativity: How to Solve Any Problem and Make the Best Decisions by Shifting Creative Mindsets 1st Edition (Amazon)
  • Game Changers: What Leaders, Innovators, and Mavericks Do to Win at Life Hardcover – December 4, 2018 (Amazon)
  • What’s Your Competitive Advantage?: 7 strategies to discover your next source of value Paperback – December 6, 2018 (Amazon)
  • Disrupt-It-Yourself: Eight Ways to Hack a Better Business—Before the Competition Does Hardcover – January 29, 2019 (Amazon)
  • Return on Courage : A Business Playbook for Courageous Change Hardcover – January 15, 2019 (Amazon)
  • Bruce Berkowitz on Analyzing Free Cash Flow; Accounting for hidden costs in a cash flow analysis (GF)

H.E.R.O.’s Journey in Tech (21 January 2019) – Welcome to 2019: The Year AI Comes Alive! + Listening to the World

H.E.R.O.’s Journey in Tech (21 January 2019) – Welcome to 2019: The Year AI Comes Alive! + Listening to the World

Companies

  • China’s Pinduoduo reports theft of online discount vouchers to police (Reuters)
  • Ctrip eyes Europe amid rising domestic competition (Technode)
  • Nintendo Rebounds as Optimistic Signs Emerge After a Brutal Year (Bloomberg)
  • Afterpay buy now pay later rival Zip favoured by investor Philip King of Regal (AFR)

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

  • Tencent weighing bid for holding company behind Korea’s Nexon: sources (CNA)

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

  • Don’t Blame Amazon for the Retail Apocalypse (Barron’s)
  • Netflix will regulate its content in India. It swears that’s not a bad thing (CNN); Netflix Sees Fortnite as a Bigger Rival Than HBO (Bloomberg)

Asia Tech & Innovation Trends

  • Ctrip chairman James Liang backs start-up that helps parents find play dates for their young ones; Moremom aims to help ease the pressures of child-rearing in China with app that matches play dates (SCMP)
  • Why the integrator strategy can work for AI startups despite challenges (TIA)
  • E-tailers are struggling to cure Indians of cash-on-delivery addiction (qz)

Global Tech & Innovation Trends

  • Welcome to 2019: The Year AI Comes Alive! (RG)
  • Trucking Companies At War Over This New Niche Of E-Commerce Delivery (ZH)
  • Smart Glasses, Neural Computers, Self-Driving Cars: What’s “The Next Big Thing” After Smartphones (ZH)

Life

  • What Mary Oliver can teach us about handling criticism with grace (qz)
  • Hong Kong’s recent mysterious US$4.8 billion stock plunge underscores risk in world’s 4th-largest equity market (SCMP)
  • Listening to the World (On Being)
  • The Third Self: Mary Oliver on Time, Concentration, the Artist’s Task, and the Central Commitment of the Creative Life (BP)

H.E.R.O.’s Journey in Tech (19 January 2019) – Chinese drone maker DJI uncovers corruption, sees $150 million loss; SaaS stocks are coming back to life

H.E.R.O.’s Journey in Tech (19 January 2019) – Chinese drone maker DJI uncovers corruption, sees $150 million loss; SaaS stocks are coming back to life

Companies

  • China’s largest online ticketing site lowers IPO ambition; Maoyan Entertainment looks to raise $345m, down from $1bn target six months ago (FT)
  • NetEase to limit the amount of time China’s youth spend gaming (Technode)
  • As Xiaomi Shares Sink, a Russian Investor Is Still Up $1 Billion (Bloomberg)
  • ID Technologies and Getac Announce Partnership to provide mission-focused, secure solutions to support the unique and complex requirements of the U.S. Department of Defense. (BW)
  • Booming payments business Afterpay Touch has seen sales on its platform more than double in the latest half to $2.2 billion, as it stepped up its expansion both domestically and into the massive United States market.(Age); Afterpay wants to break free of Millennial stereotype (AFR)
  • Reliance Industries Ltd. will roll out its online shopping platform to 1.2 million retailers and store-owners in western India, starting on an ambitious plan to take on Amazon.com Inc. and Walmart Inc.’s Flipkart on its home turf. (Bloomberg)

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

  • Alibaba to Postpone Some Hiring and Cut Travel Spending (Bloomberg)
  • Alibaba doubles down on enterprise transformation with A100 program (Technode)
  • Bytedance’s Snapchat clone isn’t a WeChat killer. But Tencent should worry (Technode)
  • With a Billion Users, Tencent Faces Middle Age. That’s a Worry for the Stock. (Barron’s)
  • A WeChat program shows when people on a credit blacklist are near you (TIA)
  • How Softbank’s Massive Vision Fund Shares Profits-and Losses (Bloomberg)

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

  • Amazon built an electronic vest to improve worker/robot interactions (TC)
  • Alphabet’s Verily scores FDA clearance for its ECG monitor (TC)
  • Microsoft is calling an audible on smart speakers (TC)
  • Is Google an evil genius? Big Tech does not control its users, however much it may want to (Economist)

Asia Tech & Innovation Trends

  • Chinese drone maker DJI uncovers corruption, sees $150 million loss (Reuters)
  • China education platform lands $255m from Warburg Pincus, others (TIA)
  • Pearl Abyss works on mobile game for Samsung’s foldable smartphone (Investor)
  • South Korean smart solutions firm BIStel says Made in China 2025 upgrading is why it plans to invest more (SCMP)
  • Paytm partners with Zomato to enable in-app food ordering (TC)
  • Warburg Pincus Bets On Vietnamese Mobile Payment Market Leader Momo’s Series C (CB)

Global Tech & Innovation Trends

  • SaaS stocks are coming back to life (TC)
  • Zipwhip raises $51.5M for businesses to text customers from any kind of phone line (TC)
  • Whyd now helps companies create their custom voice assistant (TC)
  • Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. (TC)
  • Technology is changing how we grow old and die (CNN)
  • Infor Gets $1.5 Billion Investment and Looks Toward IPO (Barron’s)
  • Spotify to release voice-controlled music player for cars; Streaming group hopes to push into hardware with new entertainment device (FT)
  • Electronic Arts and Activision Are Struggling to Survive a Fortnite World (Barron’s); Fortnite outplays media titans in a battle royale (Reuters)
  • Luxury online reseller The RealReal in talks with banks for IPO: sources (Reuters)
  • Industrial Exoskeletons Give Workers a Lift; Ford, Boeing, Toyota and others are equipping workers with wearable devices that enhance strength and endurance. “Iron Man”-style powered suits could be next (WSJ)
  • A Silicon Valley Startup Blames the Trade War for Going Bust (Bloomberg)
  • Consumer giants spurn risks to chase online subscribers (Reuters)
  • Airbnb Has Held Talks to Buy Hotel Tonight; A deal would give the home-sharing company more inventory and help it move into hotel bookings (WSJ)
  • General Contracting Startup Pro.com Secures $33M Series B, Adds Redfin To Board (CB)

Life

  • The Bright and Dark Sides of Optimism and Pessimism (Medium)

H.E.R.O.’s Journey in Tech (18 January 2019) – Why Appen is only now becoming a tech company; New policy puts revenue squeeze on China’s payments giants Tencent & Alibaba who must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks

H.E.R.O.’s Journey in Tech (18 January 2019) – Why Appen is only now becoming a tech company; New policy puts revenue squeeze on China’s payments giants Tencent & Alibaba who must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks

Companies

  • Maoyan Entertainment, China’s biggest online movie ticketing platform, is seeking to raise as much as $345 million in a Hong Kong initial public offering. (Bloomberg)
  • Apple Supplier Nidec Issues Profit Warning, Blames Weak Chinese Demand; ‘I’ve been a manager for almost half a century, but this is the first time I’ve seen such a large single-month drop in orders for us,’ CEO says (WSJ)
  • Line Bets Mizuho and Nomura Could Help Open 78 Million Wallets (Bloomberg)
  • Fifth-generation iPad mini coming in the first half of 2019, says Taiwan suppliers; GIS is like to provide the touch system for over 40 percent of new iPad devices in 2019 (AI)
  • Afterpay shares soar after strong US launch (AFR)
  • Why Appen is only now becoming a tech company (AFR)
  • Carsales CEO Cameron McIntyre wants half his business to be global (AFR)
  • Atlassian surges after joining billion dollar club in ‘ripper’ second quarter (AFR)
  • Bravura, The $900m Aussie fintech winning big from wealth management (ID)

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

  • Baidu seeks to play catch up in mobile app race with bet on world’s most-watched TV show (SCMP)
  • Alibaba and Tencent dominate China new economy deals as market cools to lowest level in three years (SCMP); China’s Tencent and Alibaba hit the brakes after dealmaking binge; Weaker macro environment could increase internet giants’ reliance on investment income (FT)
  • New policy puts revenue squeeze on China’s payments giants; Starting this week, non-bank payments companies must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks (TC); China’s payment companies can no longer collect interest on transfers (Technode)
  • WeChat’s new candy to lure corporate clients: customised “red envelopes” (KRA)
  • Game of Thrones Is Coming to Phones in China, Thanks to Tencent (Bloomberg)
  • Taiwan Semiconductor: wafer wobbles; Investors rely on chipmaker’s tech prowess to pull it through but it could be difficult (FT)
  • The most powerful person in Silicon Valley; Billionaire Masayoshi Son–not Elon Musk, Jeff Bezos, or Mark Zuckerberg–has the most audacious vision for an AI-powered utopia where machines control how we live. And he’s spending hundreds of billions of dollars to realize it. Are you ready to live in Masa World? (FastCo)

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

  • Google is buying Fossil’s smartwatch tech for $40 million (TC)
  • Microsoft to launch its biggest AI, IoT lab in Shanghai1 min read (Technode)
  • Apple reportedly looking to subsidize Watch with Medicare plans (TC)
  • Apple’s Guidance on Its Services Revenue Left Analysts With More Questions; The iPhone maker’s services business got a boost from new accounting rules, but some analysts and investors didn’t catch the change (WSJ)
  • Amazon investors want it to quit selling facial-recognition tech to the government (CNN)
  • Netflix’s Strategy Is Growth, So It Can’t Have Growing Pains; It has to have rapid expansion to distract from a big cash bonfire and looming IOUs. (Bloomberg)

Asia Tech & Innovation Trends

  • Chinese AI unicorn Megvii bets $300 million on smart logistics1 min read (Technode)
  • China steps up push to nurture cybersecurity companies to support digitisation of economy (SCMP)
  • India’s Ola is adding a monthly billing option for its ride-hailing customers (TC)
  • Mirae Asset, Naver invest W56b in Indonesian e-commerce unicorn (Investor)
  • Classplus: Classroom confidential; The startup makes it easier for tutors to manage students and assignments through an app (Forbes)

Global Tech & Innovation Trends

  • Former Facebook engineer picks up $15M for AI platform Spell (TC)
  • OrCam’s MyMe uses facial recognition to remember everyone you meet (TC)
  • VC funding of cybersecurity companies hits record $5.3B in 2018 (TC)
  • Nike’s auto-laced future; Nike’s Adapt BB shoe has utility for pros, but is also a lens into a connected future (TC)
  • The Attention Economy Is a Malthusian Trap; Big tech companies now trade at one of the smallest premiums in history. (Atlantic)
  • All the startups the PayPal Mafia have invested in since 1995 (qz)
  • ServiceNow CEO John Donahoe Wants Clients to Embrace Digital Transformation (Barron’s)
  • Why This Venture Capitalist Believes Uber Is a Better Bet Than Lyft (Fortune); What Investors Should Know Before Uber and Lyft Go Public (Barron’s)
  • The gadgets of the future know everything wrong with you right now (CNN)
  • Niantic valued at almost $4bn as it arms for AR war (FT)
  • Driverless Cars Tap the Brakes After Years of Hype; Developers take a more cautious, low-key approach in testing and talking about autonomous vehicles after Uber crash (WSJ)
  • Fidelity looks to AI as the future of portfolio management and asset selection (SCMP)
  • Cool Tech or Meaningful Disruption? The Dilemma Of The Venture Investor (Forbes)

 

Life

H.E.R.O.’s Journey in Tech (17 January 2019) – Koh Young Technology Highlighting Expanded Inspection Capabilities at IPC APEX EXPO 2019 + Hermann Hesse on Solitude, the Value of Hardship, the Courage to Be Yourself, and How to Find Your Destiny

H.E.R.O.’s Journey in Tech (17 January 2019) – Koh Young Technology Highlighting Expanded Inspection Capabilities at IPC APEX EXPO 2019 + Hermann Hesse on Solitude, the Value of Hardship, the Courage to Be Yourself, and How to Find Your Destiny

Companies

  • Sanan Optoelectronics, China’s biggest maker of chips for light-emitting diodes, tumbled by the 10 per cent daily limit in Shanghai trading amid mounting scepticism about the company’s accounting authenticity (SCMP)
  • Trend Micro shows way to hack RF-controlled industrial machines (ITW); Trend Micro’s Researchers-Hackers Take Control Of Giant Construction Cranes (Forbes); Trend Micro Research Uncovers Security Risks Facing Connected Industrial Machinery (FP); Trend Micro and Tesla Partner for Automative Security Competition (MO)
  • Koh Young Technology Highlighting Expanded Inspection Capabilities at IPC APEX EXPO 2019 (iconnect)
  • TCI’s “integrated bioscience design” (IBD) come up with proprietary ingredients to differentiate itself across a product line addressing everything from sleep promotion and weight loss to countering depression and skin ageing. (Forbes)
  • Samsung Publishing Co., which owns a 25 percent stake in the producer of the “Baby Shark” viral YouTube song, surged by the 30 percent daily limit (Bloomberg)
  • Kakao Mobility’s woes over carpooling service expected to linger (Investor)

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

  • Sale of WeChat accounts prompts concern over fraud (Technode)

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

  • Apple will likely tackle these three big healthcare challenges next (FastCo)
  • ‘They Own the System’: Amazon Rewrites Book Industry by Marching Into Publishing; The retail giant, the world’s largest public company, commands an unrivaled customer base for the books, e-books and audiobooks it publishes (WSJ)
  • Alexa gets a professional ‘newscaster’ voice for reading the day’s news (TC); How Alexa knows the difference between a breaking window and a wine glass (CNN)
  • After four years, Microsoft may unveil HoloLens 2 next month (TNW); Microsoft Target Lifted as Morgan Stanley Touts Software Stocks (Bloomberg)
  • Nvidia refocuses on PC graphics competition (Digi Times)

Asia Tech & Innovation Trends

  • China’s push for technology self-reliance faces reality check, says economist; Large number of key component suppliers to Chinese tech companies are foreign (SCMP)
  • How blockchain can save Chinese bike-sharing firms from the pitfalls of selfishness (SCMP)
  • EVs and online marketplaces thrive despite slump in Chinese car sales (TC)
  • Instamojo raises $7M to help SMEs and ‘micro-entrepreneurs’ in India sell online (TC)
  • With regulatory change, Korea’s internet-only banks to see ownership shift, new players (KH)
  • Bukalapak raises new round to accelerate platform innovation (KRA)
  • Baby product review site Tell Me Baby attracts Chinese investment (AFR)
  • India’s ecommerce crackdown upends big foreign players; Walmart and Amazon braced for impact of new rules designed to aid smaller retailers (FT); India’s online sales to take $46bn hit from e-commerce curbs: PwC (Nikkei)
  • What excites me most is that we have a profitable unicorn: Rishi Khosla (Forbes)
  • Singapore’s Grab Can’t Afford to Fail Finance Test; The ride-hailing firm wants to be a regional super-app offering everything from food to insurance. So does Indonesia’s Go-Jek. (Bloomberg)
  • What Tokopedia does to ensure high quality customer relations management; Tokopedia believes that the spirit of customer service should not be limited to only the members of its customer care team (e27)
  • Indonesia’s Unicorn Charge Makes the Rupiah Tremble; The success of the country’s online retailers could be too much of a good thing if it causes the trade deficit to widen. (Bloomberg)

Global Tech & Innovation Trends

  • The New Technology Coming to a Car Near You, and How to Invest In It (Barron’s)
  • We’ve Entered a World of Digital Risk We’re Only Beginning to Understand (Barron’s)
  • Here’s How VMware Is Adapting to a Cloud World (Barron’s)
  • Byju’s Acquires Osmo for $120 Million in U.S. Education Push (Bloomberg)
  • These Two Chip Stocks Could Rise in a Semiconductor Downturn (Barron’s)
  • While its total audience may have declined from its peak in 2016, ‘Pokémon Go’ has retained a loyal core of players (FT)
  • BeMyEye acquires Streetbee, a Russian crowdsourcing and image recognition provider (TC)
  • Fiserv to Acquire First Data in $22 Billion All-Stock Deal; Transaction combines two companies that focus on payments and financial-services technology (WSJ)
  • Maybe WeWork Is Just a Real Estate Business (Bloomberg)
  • Swiss Data Backup Startup Veeam Raises $500 Million; The fundraising is the latest massive investment for a data management company. (Bloomberg)
  • Yelp Investor Says Shares Could Almost Double, Urges Changes (Bloomberg); Yelp investor SQN says shares could surge to $55-$65 (Reuters)
  • As Auto Makers Embrace AI, CIOs Become Team Players (WSJ)
  • Japanese and Israeli Business Leaders Collaborate on AI-Powered Industry 4.0 ; International Partnership Will Develop AI Applications Such as Industrial Vehicles (PRNW)
  • IAC sues Tinder co-founder, escalating fight over valuation (Reuters)
  • Riding the RV revolution, Outdoorsy fuels up with $50 million in fresh funding (TC); Irwin Jacobs Defends Qualcomm Licensing; Testimony spans CDMA, 3G, and LTE eras (EE Times)
  • Semiconductor leaders see combined market share swell; the top-5 semiconductor suppliers accounted for 47% of the world’s semiconductor sales in 2018, up 14pp from 10 years earlier. (Digi Times)

Life

  • Hermann Hesse on Solitude, the Value of Hardship, the Courage to Be Yourself, and How to Find Your Destiny (BP)
  • Samuel Andrews: The Man With the Billion Dollar Ego (FS)
  • John C. Bogle, Founder of Vanguard Group, Dies at 89; Bogle’s campaign to cut fees put him squarely into a U.S. tradition of iconoclastic discounters (WSJ); Bogle gave individual investors the power to triumph over Wall Street; A chance discovery in 1949 led the Vanguard Group founder to champion shareholders as his life’s purpose (MW)
  • Bill Gates: The Best Investment I’ve Ever Made (WSJ)
  • Being Of Service In Whatever You Do (LinkedIn)

H.E.R.O.’s Journey in Tech (16 January 2019) – Info Edge: Getting the job done; Naukri.com has worked wonders for the company. But can its success be replicated at the its other ventures? + AOM Podcast #473: The Solitude of a Fire Watcher + Lazy Prices by Lauren Cohen et al

H.E.R.O.’s Journey in Tech (16 January 2019) – Info Edge: Getting the job done; Naukri.com has worked wonders for the company. But can its success be replicated at the its other ventures? + AOM Podcast #473: The Solitude of a Fire Watcher + Lazy Prices by Lauren Cohen et al

Companies

  • Another Xiaomi Stock Sale Adds to $31 Billion Rout (Bloomberg)
  • Trend Micro Increases Commitment To Secure The Connected World at Pwn2OwnT 2019 (BW)
  • Chin-Poon cautious about automotive PCB demand in 2019, citing unfavorable global trade conditions and a slowdown in demand for emerging applications such as electric vehicles and ADAS (Digitimes)
  • Kakao likely to show strong growth this year (Investor); Kakao puts carpool beta service on hold indefinitely (Investor)
  • Info Edge: Getting the job done; Naukri.com has worked wonders for the company. But can its success be replicated at the its other ventures? (Forbes)
  • Hub24, Netwealth and Praemium are benefiting from a structural shift in fund flows away from the big banks towards smaller operators due to advancements in digital technology and regulators putting to an end to the “vertical integration” model used by the big banks (MF)
  • Semiconductor veteran Ricky Lee back for S$13.2m IPO; Grand Venture provides manufacturing solutions and services for the semiconductor, analytical life sciences, electronics and other industries (BT)

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

  • China’s social app to rule them all wants to judge you for your purchases; Tencent has a new social credit system tied to WeChat Pay (Abacus); WeChat blocks three social networking challengers within one day (Technode); Tencent Bolsters Enterprise Business With Siri-Like Assistant And WeChat Add-Ons (Forbes)
  • Tencent plugs holes, and boosts profits, with 163 new investments; In the third quarter, Tencent’s profit increased 30 per cent mainly due to gains from investment-related items (SCMP)
  • Alipay now supported in Beijing prisons (Technode)
  • Alibaba’s ‘City Brain’ is slashing congestion in its hometown (CNN)
  • The way SoftBank invests in startups just doesn’t work, says Khosla Ventures’ Keith Rabois (Recode)

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

  • Facebook to invest $300 million to help local news survive (Reuters, Axios)
  • Instagram tests tapping instead of scrolling through posts (TC)
  • AWS makes another acquisition, grabbing TSO Logic (TC)
  • Fund Manager: Why Amazon Could Double (Barron’s)
  • Smart assistants talking their way into every gadget in our homes (Age)
  • Microsoft and Walgreens Team Up to Fight a Common Rival: Amazon (Barron’s)
  • Apple, Intel Persuade U.S. Patent Office to Enter Qualcomm Fight (Bloomberg)
  • This Apple Analyst Has a Prescription for the Company’s Woes (Barron’s)
  • Netflix reaps the dividends of its dominance (Reuters); Netflix’s Simplicity Is Its Secret Weapon; Sure, it spends like crazy, but its product is deceptively appealing. (Bloomberg); Netflix Raises Prices on All of Its Subscription Plans; The streaming service’s most popular plan will increase to $13 a month, while the basic plan will go up to $9 (WSJ); Netflix raises prices to stockpile for the streaming wars; Netflix CEO Reed Hastings is facing a growing collection of competitors, from Amazon to Disney. (Wired)
  • Google Loon Balloon Web Service Taps Board to Lift Business (Bloomberg)

Asia Tech & Innovation Trends

  • China’s Ke.com tops list of Asia’s fastest growing tech companies (Nikkei)
  • ai launches ride-hailing platform for autonomous vehicles (Technode)
  • Everybody Wants to Be the Next Elon Musk (at Least in China) (SCMP)
  • China’s Insta360 shoots high with one of the world’s best 360 cameras, taking on GoPro and Ricoh; Insta360 has received plaudits for its innovative software features and easy-to-use app (SCMP)
  • AI startup Horizon Robotics to raise $600 million in Series B funding (Technode)
  • American Express acquires Japan-based restaurant booking service Pocket Concierge (TC)
  • Mobility services platform operator SoCar receives W50b funding from VCs (Investor)
  • No more games on TV: Streaming services replacing TVs in sports broadcasts; Changing viewer trends, easier access boost streaming services’ presence in sports broadcasts; lack of funds, infrastructure remain major barriers (KH)
  • Conference app leader Symflow to break even this year (Investor)
  • Grab forays into SEA’s digital insurance space as part of superapp goal; The launch of the insurance platform is part of the company’s goal of becoming an everyday “superapp” in the region. (KRA, TC)
  • India Wants Access to Encrypted WhatsApp Messages; Country makes a new attempt to constrain global tech giants (WSJ)

Global Tech & Innovation Trends

  • Airbnb says profitable for two straight years amid IPO talks (Reuters)
  • Workforce management solution Quinyx raises further $25M (TC)
  • Bringg, a delivery logistics platform used by Walmart, McD’s and more, raises $25M~ (TC)
  • iPhone On Rails: How Finnish Elevator Maker Kone Is Using Technology To Reach The Next Floor (Forbes)
  • Why Salesforce And Workday Joined The $33 Million Raise For A Procurement Software Startup (Forbes)
  • Lyft has provided 30,000 autonomous rides since its trial service began in Las Vegas last May (SCMP)
  • Software Maker PagerDuty Files Confidentially for IPO (Bloomberg)
  • In CEO Search, Intel Still Hasn’t Found What It’s Looking For (Bloomberg); Will Headless Intel Woo AMD’s Lisa Su? (EE Times)
  • Semiconductor Demand Outlook Is Worsening, Says Morgan Stanley (Barron’s)
  • Banking Is Part of WeWork’s Future (Barron’s)
  • Venture-Capital Money Is Flowing Like It’s 1999 (Barron’s)
  • NBA Inks Billion-Dollar Deal With Maker of 2K Videogame; Agreement is more than double the value of the partners’ previous licensing deal for sports games (WSJ)
  • The bogan cartoon business taking on Dreamworks and Disney (Age)
  • Industry must rein in spend on electric, self-driving cars: Magna CEO (Reuters)
  • Nike’s big bet on the future of connected shoes; Nike’s new $350 Adapt BB shoe doesn’t just collect data about your training. It adapts itself to fit your foot at a moment’s notice. (FastCo)
  • Knock Raises $400M To Simplify Home Buying (Crunchbase)
  • What separates leaders from laggards in the Internet of Things (McKinsey)
  • Addiction to a Language-Learning App Can Be Good for You; Duolingo learns from gaming companies how to keep users coming back. (Bloomberg)

Life

  • Podcast #473: The Solitude of a Fire Watcher (AOM)
  • Lazy Prices. Using the complete history of regular quarterly and annual filings by U.S. corporations from 1995-2014, we show that when firms make an active change in their reporting practices, this conveys an important signal about future firm operations. Changes to the language and construction of financial reports also have strong implications for firms’ future returns: a portfolio that shorts “changers” and buys “non-changers” earns up to 188 basis points in monthly alphas (over 22% per year) in the future. Changes in language referring to the executive (CEO and CFO) team, regarding litigation, or in the risk factor section of the documents are especially informative for future returns. We show that changes to the 10-Ks predict future earnings, profitability, future news announcements, and even future firm-level bankruptcies. Unlike typical underreaction patterns in asset prices, we find no announcement effect associated with these changes–with returns only accruing when the information is later revealed through news, events, or earnings–suggesting that investors are inattentive to these simple changes across the universe of public firms. (SSRN)
  • How to Make Money Trading: Hack Into SEC, Peek at 157 Secret Earnings Reports (WSJ)
  • When It’s Time To Do Something (Morgan Housel)
  • The Founder’s Guide to Discipline: Lessons from Front’s Mathilde Collin (FR)
  • What Sweetgreen Can Teach Startups About Scaling Intimacy (FR)

H.E.R.O.’s Journey in Tech (15 January 2019) – AI Is About To Take The Ship’s Helm Away From Humans; AWS, MongoDB, and the Economic Realities of Open Source + Intellectual humility: the importance of knowing you might be wrong; Why it’s so hard to see our own ignorance, and what to do about it.

H.E.R.O.’s Journey in Tech (15 January 2019) – AI Is About To Take The Ship’s Helm Away From Humans; AWS, MongoDB, and the Economic Realities of Open Source + Intellectual humility: the importance of knowing you might be wrong; Why it’s so hard to see our own ignorance, and what to do about it.

Companies

  • Restaurants face higher costs as food-delivery platforms hike fees, again; The latest increases underscore growing pressure on platform operators such as Meituan and Ele.me to improve profitability. (Technode)
  • Lifull Home’s launches property search engine (AIM)
  • Boeing enlists Japan Inc. in pursuit of electric planes; Sinfonia Technology and unlisted Tamagawa Seiki will lend their expertise in small motors. Aerospace giant seeks cooperation in motors, lightweight materials and factory automation (Nikkei)

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

  • Alibaba faces growing regulatory threat as China’s economy falters; Pressure from Beijing expected to weigh on investors more than country’s slowdown (FT)
  • Alibaba Confident in China Sales Despite ‘Troubling Headwinds’ (WSJ)
  • Alibaba.com wants to move offline trade shows like CES into the online world (SCMP)
  • WeChat is quietly ranking user behavior to play catch-up with Alibaba (TC)
  • TSMC’s $43 Billion Wipeout Will Only Get Worse, Analysts Say (Bloomberg)

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

  • Why Amazon Go May Soon Change The Way We Shop (Forbes)
  • Microsoft’s Security Business Should Be on Investors’ Radar, Analyst Says; “Investors in rivals such as Symantec, Proofpoint and Okta now need to keep a closer eye on Microsoft” (Barron’s)
  • 2019: The year Nvidia gets serious about robots (TNW)

Asia Tech & Innovation Trends

  • Robot Hotel Loses Love for Robots; The robot revolution will have to wait at the Henn na Hotel in Japan, which is laying off low-performing droids (WSJ)
  • Japan warms to cool delivery lockers as online food sales surge; Companies testing market for refrigerated parcel boxes at condos and homes (Nikkei)
  • Media startup Blank seeks KOSDAQ listing (Investor)
  • How mobile payment giants in Indonesia can quit the subsidy rat race (TIA)
  • OnePlus is crushing Apple’s iPhone dream in India (qz)
  • 2018: Year of unicorns (Forbes)
  • Indonesia’s e-commerce tax plan faces resistance (Star)

Global Tech & Innovation Trends

  • AWS, MongoDB, and the Economic Realities of Open Source (Stratechery)
  • AI is becoming more human, and 3 additional trends to watch in this space (e27)
  • Salesforce Commerce Cloud updates keep us shopping with AI-fueled APIs (TC)
  • Health tech: spin-doctors; It makes sense for the largest IT companies to look for a way in (FT)
  • Collaborative transport model aims to disrupt the disrupters; Here works across the mobility market to optimise services, reducing traffic and pollution (FT)
  • Robot surgeons lack tactile sensation to replace humans; Suturing device reduces time to make stitch from 25 seconds to one-third of a second (FT)
  • A Slack Direct Listing Could Tempt Other Tech Unicorns — But It’s Unlikely To Challenge The Traditional IPO (Forbes)
  • Artificial Intelligence Comes To The Construction Site: Startup Pillar Technologies Flags Problems Before Disaster Hits (Forbes)
  • How Algorithms Are Taking Over Big Oil; With the help of artificial intelligence, BP says it needs 40% fewer workers to keep its natural gas flowing in Wyoming. (Forbes)
  • AI Is About To Take The Ship’s Helm Away From Humans (Forbes)
  • How NBC’s New Streaming Service Stacks Up Against the Competition (Barron’s)
  • National Health Service trials AI software to diagnose breast cancer; Kheiron’s test in England aimed at helping hospitals cope with shortage of radiologists (FT)
  • The Future of AI Will Be About Less Data, Not More (HBR)
  • Fintech firms want to shake up banking, and that worries the Fed (Reuters)

Life

  • Intellectual humility: the importance of knowing you might be wrong; Why it’s so hard to see our own ignorance, and what to do about it. (Vox)

H.E.R.O.’s Journey in Tech (14 January 2019) – Health imaging software company Pro Medicus wants 2019 to be the year it expands beyond radiology, helping doctors who increasingly refer to photos – often just a snap on their iPhone – when diagnosing patients to better manage their records

H.E.R.O.’s Journey in Tech (14 January 2019) – Health imaging software company Pro Medicus wants 2019 to be the year it expands beyond radiology, helping doctors who increasingly refer to photos – often just a snap on their iPhone – when diagnosing patients to better manage their records

Companies

  • Xiaomi’s Wishful Thinking on Display in 5G Hopes; CEO Lei Jun needs to find a new driver of smartphone demand. His whole business model depends on it. (Bloomberg)
  • CES can be stage for Chinese companies to showcase themselves: iFLYTEK vice president (GT)
  • Health imaging software company Pro Medicus wants 2019 to be the year it expands beyond radiology, helping doctors who increasingly refer to photos – often just a snap on their iPhone – when diagnosing patients to better manage their records. (AFR)

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

  • The Alibaba effect: Chinese e-tailer tightens grip over 600m lives; Users sacrifice privacy for convenience of shopping, finance and health care (Nikkei)
  • WeChat’s Star Founder Seeks Second Act for China’s Super-App (Bloomberg)
  • Alibaba & Tencent, game on: How gamification brings success to Chinese internet companies. (KRA)
  • Samsung to launch India-first smartphones to counter Chinese rivals (Reuters)

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

  • What Amazon’s Rise to No. 1 Says About the Stock Market; The biggest companies are still the most dominant. The biggest companies today make up less of the overall market than those in the past. And the biggest companies can still be top (WSJ)

Asia Tech & Innovation Trends

  • Beijing widens control of wildly popular short-video apps; Rules that target everything from spell chanting to money worship will be costly to roll out (FT)
  • If China Tech Thought 2018 Was Bad, Wait Till This Year Unfolds (Bloomberg)
  • Hong Kong self-driving start-up AutoX in talks to raise US$100 million funding (SCMP)

Global Tech & Innovation Trends

  • Dropbox: cloud nein; Halting slowdown in revenue growth means squeezing more from customers (FT)
  • How Michael Dell Got $12 Billion Richer Out of the Public Eye (Bloomberg)

Life

H.E.R.O.’s Journey in Tech (12 January 2019) – Apple’s Next Big Move? It Should Buy Nintendo + Why Some Platforms Thrive and Others Don’t

H.E.R.O.’s Journey in Tech (12 January 2019) – Apple’s Next Big Move? It Should Buy Nintendo + Why Some Platforms Thrive and Others Don’t

Companies

  • China’s Ctrip faces turbulence in journey to the top; Online travel giant forced to fend off rising tech rivals in uncertain economic times (Nikkei)
  • CES 2019: iFLYTEK’s Translator 2.0 works with 63 languages (Neowin)
  • No end in sight to Xiaomi’s woes as outlook dims (Nikkei)
  • Apple’s Next Big Move? It Should Buy Nintendo (Barron’s)
  • LG Chem lifts China battery investment by $1bn, eyeing exports; Company looks to Western electric-car markets as Beijing favors local suppliers (Nikkei)
  • Infosys increases revenue growth forecast amid upbeat technology spending trend (Nikkei)

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

  • WeChat takes on Ant Financial with new, integrated credit scoring system (Technode); WeChat pins future on Chinese users’ growing penchant for video, photo (Technode); WeChat creator gives marathon talk on super app (Investor); WeChat’s ambitious plans to reshape daily lives (Investor)
  • Alibaba launches ‘A100’ initiative to drive its evolution into a global enterprise tech provider (SCMP)

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

  • What Amazon’s Alexa microwave teaches us about interacting with AI assistants (TNW)
  • What Amazon’s Rise to No. 1 Says About the Stock Market (WSJ)
  • Amazon Is Becoming More Powerful Than You Realize; Retail and Alexa are just the start of the path toward total domination (Medium)
  • Apple Maps is finally getting turn-by-turn navigation in India (TNW)
  • Apple Watchers Are Already Looking Toward the Next Next iPhones (Barron’s)
  • Google vs Amazon At CES: The Battle For The Future Of Voice (And Computing) (Forbes)

Asia Tech & Innovation Trends

  • World’s most valuable AI startup SenseTime unveils self-driving center in Japan (Techcrunch)
  • China’s proptech space and 3 key takeaways (Technode)
  • Giant CES fair in Vegas shows US remains too big to ignore for Chinese tech firms even as trade war swirls (SCMP)
  • 2018: a boom year for Chinese apps in India; ByteDance and co. are a massive new force in India’s app ecosystem. (KRA)
  • Taiwan tech struggles to find growth path in fog of trade war; Onetime highfliers sink into the red — or bankruptcy (Nikkei)

Global Tech & Innovation Trends

  • Don’t overestimate AI’s understanding of human language (TNW)
  • A New Vision for the Future of Driving; At CES, car companies are showcasing new designs that will fundamentally alter the automotive experience (Medium)
  • Bose brings its noise-cancelling tech to cars; Unfortunately the vehicle won’t actually be wearing headphones (TNW)
  • This Reclusive Engineer Is Plotting The Death Of Blockchain (Forbes)
  • Postmates Adds $100 Million In Funding As Food Delivery Co. Prepares For Potential IPO (Forbes)
  • This Obsbot Tail Is An A.I. Camera Can Track And Identify Faces Even In A Crowd (Forbes)
  • Slack Sets the Stage for an Unusual Year of IPOs (Barron’s); Slack Plans to Follow Spotify on Unconventional IPO Route (WSJ)
  • What Disney’s Streaming Service Means for its Box Office Strategy (Barron’s)
  • What I Saw at the Consumer Electronics Show (Barron’s); 3 Ways Tech Will Do the Walking for You in 2019; Urban commutes can be tedious. To the rescue: Segway’s new suite of self-balancing ‘micro-mobility’ transporters released at the 2019 Consumer Electronics Show (WSJ)
  • Beyond Machine Learning: Capturing Cause-and-Effect Relationships; On the horizon: Pre-defined AI models delivered as a service. (WSJ)
  • Corporate investors pile into electric vehicle startups (Reuters)

Life

  • Why Some Platforms Thrive and Others Don’t (HBR)
  • The key to effective goal-setting is a little theory called “Pain + Reflection” (qz)
  • The High Cost of Financial Panics: Roman emperors and American presidents alike have struggled to deal with sudden economic crashes (WSJ)

H.E.R.O.’s Journey in Tech (11 January 2019) – Tech industry searches for Next Big Thing at CES 2019; Data-hungry AI gadgets are key to next wave of technology, but consumers will need convincing

H.E.R.O.’s Journey in Tech (11 January 2019) – Tech industry searches for Next Big Thing at CES 2019; Data-hungry AI gadgets are key to next wave of technology, but consumers will need convincing

Companies

  • Alibaba-Backed AI Startup Megvii Is Said to Weigh IPO This Year (Bloomberg)
  • Chinese on-demand giants Meituan, JD.com invest in automation as delivery volumes surge (SCMP)
  • Lenovo Says It Is ‘Business as Usual,’ Despite China Worries (Barron’s)
  • Xiaomi CEO Lei Jun silent on US expansion plan amid trade war, focuses on European markets (SCMP); Xiaomi CEO Looks Past Selloff to 5G-Led China Smartphone Revival (Bloomberg); How to Make a 56,823% Return With Hong Kong’s Worst Ever IPO; Xiaomi Corp. is a perfect example of how taking a company public can make a select number of shareholders a lot of money, even if the IPO flops. (Bloomberg)
  • Trend Micro IoT Security 2.0 Enhances End User Protection and Device Makers’ Reputation; Latest version of IoT security platform improves protection, visibility and control (BW); DLT Solutions Joins Trend Micro’s Distribution Network to Accelerate the Delivery of Innovative Cybersecurity Solutions to the Public Sector (PRNW)
  • CUB Elecparts is using CES to introduce Blind Spot Monitoring for motorcycles (EFTM)
  • Nearmap on track for strong 2019, shares up on preliminary results (AFR)
  • Trade War Is Boon for Thai Electronics Maker Fabrinet Amid China Exodus; Lumentum, which supplies 3-D sensing components used in newer models of Apple Inc.’s iPhone, is Fabrinet’s biggest customer (Bloomberg)

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

  • Alipay now has over 1 billion users worldwide (Technode)
  • Tencent creates technology committee to boost in-company collaboration (Technode)
  • The next phase of WeChat (Techcrunch); WeChat head Allen Zhang enjoys rock star fandom but all eyes are on next act for China’s everyday app (SCMP); In Tencent’s Future, It Won’t Be the Humans Who Chat; WeChat can transition from a platform that connects people to one that links businesses. (Bloomberg)
  • China’s Tencent again left off list of approved video game titles; Recent Tencent and Netease games are more hardcore . . . so require more reviewing and censorship. (FT)
  • Is Samsung getting serious about robotics? The company showed off a trio of robots and an exoskeleton at CES 2019 (Techcrunch)

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

  • Instagram’s Digital Ad Share to Double Despite Facebook Issues (Bloomberg)
  • What Amazon’s Alexa microwave teaches us about interacting with AI assistants (TNW)
  • Amazon to double down on gaming with a new streaming service (TC)
  • CES 2019: Belkin, Amazon quietly build a panopticon for the 21st century (AFR); Battle for connected home seizes the stage at CES (FT)
  • Amazon’s IMDb Launches Ad-Supported Streaming-Video Service; IMDb Freedive features a catalog of movies and TV shows and requires no subscription (WSJ)
  • Amazon to invest in French firm’s technology for self-driving forklifts (Reuters)
  • Apple’s Next Move: Be More Like Microsoft; Owning an Apple device used to be the only way to access the company’s services and software. Now that Apple is on the defensive, the walled garden may be holding it back from reaching vital audiences (WSJ); Apple’s Pressing Challenge: Build Its Services Business; Slowing iPhone sales heighten pressure to ignite a division with challenges of its own (WSJ)
  • 5 ways Apple needs to up its game if it wants to be a services company; From rethinking its video content strategy to turning the iPhone into a service, nothing should be off the table. (FastCo)
  • AI Being Used To Bust Those Netflix Account Moochers (Forbes)

Asia Tech & Innovation Trends

  • No Foot Fetishes or Affairs: Chinese Censors Crack Down on Short Videos; Industry group tells fast-growing sector to ramp up censorship (WSJ)
  • World’s Largest AI Startup Readies $2 Billion Fundraising (Bloomberg)
  • China’s e-wallet success is an example for Southeast Asia players (TIA)
  • The company behind YouCam Makeup app launches a new set of AR tools for beauty brands like Ulta (TC)
  • Thai spa and beauty booking platform nabs funding from 500 TukTuks, others (TIA)
  • The 9-year journey of Bukalapak: Growing beyond e-commerce (KRA)
  • Indonesia’s Akulaku to raise $100m Series D from investors including Alibaba’s Ant Financial (KRA)
  • Indonesia binges on e-commerce; Local champions are battling Chinese-backed firms across the archipelago (Economist)
  • Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round (TC)
  • HSBC in blockchain platform talks with Bank Negara; In May 2018, HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using the Corda scalable blockchain platform (Star)

Global Tech & Innovation Trends

  • Tech industry searches for Next Big Thing at CES 2019; Data-hungry AI gadgets are key to next wave of technology, but consumers will need convincing (FT)
  • Meet Caper, the AI self-checkout shopping cart (TC)
  • Badi gets $30M for AI-aided room rentals (TC)
  • 10 ways blockchain can help overcome the biggest challenges in commercial leasing; Commercial rentals and leases are stuck in the age of dinosaurs while disruption is happening in other industries (e27); Blockchain’s Occam problem; Blockchain has yet to become the game-changer some expected. A key to finding the value is to apply the technology only when it is the simplest solution available.(McKinsey); Occam’s blockchain shaver (FT); Blockchain beyond the hype: What is the strategic business value? (McKinsey); Putting a Blockchain Wrapper on the Financial System (Bloomberg)
  • Spotify’s increased focus on podcasts in 2019 includes selling its own ads (TC)
  • An AR glasses pioneer collapses; After 20 years, ODG falls apart as acquisition offers dissipate (TC)
  • Here are the most significant AI developments in 2018 (TIA)
  • 18-Wheelers At App Speed: An $800M Startup Is Trying To Pull An Uber On The Trucking Business (Forbes)
  • Thiel-Backed Fintech N26 Valued at $2.7 Billion to Take on U.S. (Bloomberg)
  • How Deep Learning Solves Retail Forecasting Challenges (Forbes)
  • ‘Family tech’ gadgets at CES show aim to take the pressure off parents (JT)
  • Cisco Sees Its Chance as Internet Traffic Builds (Barron’s)
  • Confused About the BI and AI Hype? Read This (Barron’s)
  • Can man ever build a mind? Artificial intelligence has problems. The biggest is that brains are nothing like computers (FT)
  • The Yelp Bears Are Getting Louder as the Stock Falls (Barron’s)
  • These Star Trek-style translation devices are smashing the language barrier, thanks to AI and cloud computing (SCMP)
  • Facial recognition: Coming to a gadget near you (SCMP)
  • The Folly of Investment Platforms (Bloomberg)

Life

  • The Scale up! (SA)

H.E.R.O.’s Journey in Tech (10 January 2019) – Toyota Motor’s move to sell its automated driving system to other companies reflects its pressing desire to set de facto industry standards in a showdown with Google-affiliated rival Waymo + Managing When the Future Is Unclear

H.E.R.O.’s Journey in Tech (10 January 2019) – Toyota Motor’s move to sell its automated driving system to other companies reflects its pressing desire to set de facto industry standards in a showdown with Google-affiliated rival Waymo + Managing When the Future Is Unclear

Companies

  • Weibo moves to battle fake interactions as government scrutiny persists (Technode)
  • Mercari launches demonstration experiment using “AR smart glass” (TC)
  • Toyota Motor’s move to sell its automated driving system to other companies reflects its pressing desire to set de facto industry standards in a showdown with Google-affiliated rival Waymo (Nikkei)
  • Hitachi to double fintech sales in India as e-payment grows; Hitachi aims to provide integrated services spanning ATM and POS terminal management and payment systems for banks and credit companies. (Nikkei)
  • IRESS tipped to win 80% of wealth management market (ID); IRESS has responded to increased competition in advice relationship management tools by making it easier for advice firms of all sizes to integrate its flagship Xplan software. (PP)

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

  • Baidu Cloud launches its open-source edge computing platform (TC)

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

  • Facebook is the new crapware (TC); Facebook on Notice as Vietnam Tightens Grip on Social Media; If the company doesn’t comply, it could be required to store data onshore-making it easier for authorities to hunt down dissidents (WSJ)
  • Amazon reportedly acquired Israeli disaster recovery service CloudEndure for around $200M (TC)
  • Apple suppliers shudder as $160bn iPhone market shrinks; Production cut comes as valuation of 10 parts makers falls 20% since October peak (Nikkei)
  • Apple’s Tim Cook Wants to Focus on ‘the Most Important Things’ (Barron’s)
  • Nvidia, Mobileye Scheme ‘Level 2+’, Autonomous vehicle (AV) tech suppliers are shifting into reverse gear, moving back to Level 2 driver-assistance cars instead of stepping on the gas toward the Level 4/Level 5 driverless future. (EE Times)

Asia Tech & Innovation Trends

  • How four tech giants dominate China’s AI endeavors (Technode)
  • Voicing blog “Voicy” collaborates with Nikkei Newspaper and jointly develops new media and services (TC)
  • Hyundai unveils world’s first holographic AR navigation system (Investor)

Global Tech & Innovation Trends

  • The Anker Roav Bolt lets drivers plug Google Assistant into their car (TC)
  • Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants (TC)
  • DARPA wants to build an AI to find the patterns hidden in global chaos (TC)
  • Logging In to Your Bank Account Is Now a $3 Billion Business; When you link your checking account to Venmo or use it to buy Bitcoins, a startup called Plaid Inc. is likely facilitating the connection with your bank. (Bloomberg)
  • NXP and Qualcomm are duking it out in world’s biggest car market after China blocked tie-up of chip giants (SCMP)
  • Vehicle screens go super-sized at CES as tech catches up (Reuters)
  • AMD shows off 7nm next-gen chips at CES, aims at Intel and Nvidia (Reuters)
  • a16z Podcast: What’s Next for Marketplace Startups (Hint: Services) (a16z)
  • Strong and Weak Technologies (CD)
  • Back to the future with ‘flying cars’ on horizon (Investor)
  • How cars are taking over consumer electronics, and vice versa (AFR)
  • Carmakers temper their enthusiasm for driverless technology; Shift in mood at Consumer Electronics Show as groups grow wary of ‘Level 3’ autonomy (FT)
  • IBM CEO Ginni Rometty’s Algorithm for Working with AI; efforts to embed AI across IBM’s business after the company unveiled a new weather forecasting system (WSJ)
  • Refinitiv’s Tradeweb Is Said to File Confidentially for U.S. IPO; Bond-trading platform could be worth over $4 billion in IPO (Bloomberg)
  • Square Deepens E-Commerce Push With Payments Processing in Apps (Bloomberg)
  • Aurora, the hot self-driving startup, will be worth $2 billion after an investment by Sequoia; Aurora designs the software on top of which carmakers and other developers can build (Recode)
  • How to Measure Customer Health in SaaS: A Case Study Featuring Zuora (CB)
  • NXP Picks Kalray to Deliver ‘Safe’ Robocars (EE Times)

Life

  • Managing When the Future Is Unclear (HBR)
  • The Thin Line Between Bold and Reckless (Morgan Housel)
  • So, You Got Rejected. That’s Not an Excuse to Stop Believing in Yourself. (LinkedIn)

H.E.R.O.’s Journey in Tech (9 January 2019) – CyberAgent Launches “PFX LIVE,” Supply-side Platform Specialized in Monetizing Live Streaming Services + How to Do Great Things

H.E.R.O.’s Journey in Tech (9 January 2019) – CyberAgent Launches “PFX LIVE,” Supply-side Platform Specialized in Monetizing Live Streaming Services + How to Do Great Things

Companies

  • CyberAgent Launches “PFX LIVE,” Supply-side Platform Specialized in Monetizing Live Streaming Services (PRNW)
  • Meituan partners with Nvidia, Valeo and Icona for its autonomous delivery platform (Techcrunch)
  • Xiaomi Plunges After Billions of Shares Are Unlocked for Sale (Bloomberg)
  • Webjet Australia Grew Revenue Tenfold in 8 Years: Now It Gets Tough (Skift)

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

  • China’s national AI champion Baidu to test driverless delivery vans in US with Udelv for Walmart (SCMP)
  • Alibaba acquires German big data startup Data Artisans for $103M (Techcrunch)
  • Tencent and Nexon, an unlikely match (Investor)
  • Samsung speeding up development of AI-powered robots (Investor); Samsung’s bad news intensifies $70 bln cash bind (Reuters)
  • SoftBank-WeWork mess exposes cracks in Vision Fund (Reuters); WeWork: The Woe Company; SoftBank’s latest investment raises tricky questions about co-working company (FT); WeWork’s Not Working for SoftBank Anymore (WSJ); WeWork Gets a Visit From Financial Reality; The SoftBank Vision Fund’s decision not to invest more in the office-space startup shows that it’s just a real-estate company. And a risky one at that. (Bloomberg); WeWork and SoftBank Live in Their Own World; In a reality far, far away, they alone control how the young company is funded, operated and valued. (Bloomberg); WeWork rebrands to The We Company; CEO Neumann talks about revised SoftBank round (FastCo)

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

  • Google Assistant is coming to Google Maps today (Techcrunch); The Google Assistant can now check you in to your flight and book you a hotel room (Techcrunch); Google built a Disney-like ride at CES to show off its home assistant (qz)
  • Amazon’s new ad strategy: Free samples based on what it knows about you (Axios); Amazon wants to use AI to send you the perfect free sample (qz)
  • Amazon/smart devices: home invasion; Privacy is the only stumbling block (FT)
  • Google Pushes Deeper Into Homes With Digital Assistant Updates (Bloomberg)
  • Nvidia Has Time to Get More Game; Battered chip maker looks to expand market for new gaming processors (WSJ)

Asia Tech & Innovation Trends

  • Bytedance’s Jinri Toutiao removes medical insurance product from app1 min read (Technode)
  • Ex-Magic Leap employee launches mixed reality glasses Nreal Light in bid to capture potential tech hotspot (SCMP)
  • Mobileye leads Israeli charge into China’s autonomous car market (Reuters)
  • Shopping app Little Red Book opens platform for brand-KOL partnerships (Technode)
  • China fintech startup ABC Tech bags $30m to boost AI tools for enterprises (TIA)
  • Chinese apps are collecting way too much data (TIA)
  • Tokyo AI company Exawizards is using deep learning to analyze unstructured nursing care data such as audio and video recordings (Forbes)
  • LG Reveals Power-Packed Plans For A Future Driven By Artificial Intelligence (Forbes); This Really Is the Next Revolution in TV Technology; MicroLED is better looking, more efficient and more versatile than any previous display tech. Now all Samsung, Sony, LG and others have to do is figure out how to manufacture it afford (WSJ)
  • Autonomous vehicle technology quietly taking over driving (Edge)

Global Tech & Innovation Trends

  • Tech firms are losing their special status among private equity investors, meaning they are having to focus more on good old-fashioned profitability when planning their exits. (FT)
  • Blockchain’s Moveable Feast: How The Tech Is Changing The Way We Eat (Forbes); Why the fall of bitcoin will accelerate the development of distributed ledger technology (e27)
  • We need an ‘AI sidekick’ to fight malicious AI (TNW)
  • Move aside, backseat driver! New tech at CES monitors you inside car (Reuters)
  • NXP teams with French company on self-driving car chips (Reuters)
  • Hulu Sees Record Subscriber Growth Amid Changing Ownership (Bloomberg)
  • IBM Sees Revenue From Quantum Computing in as Soon as Two Years (Bloomberg)
  • VCs Plowed a Record $9.3 Billion Into AI Startups Last Year (Bloomberg)

Life

  • How to Do Great Things: You need to believe that you are capable of doing important things. You need to be willing to look like an idiot. You need to strive for excellence. The conditions you think you want are rarely the ones that help you produce your best work. People who do great things tolerate ambiguity (FS)
  • Podcast #471: Using Mental Models to Make Better Decisions (AOM)

H.E.R.O.’s Journey in Tech (8 January 2019) – Amazon is getting more serious about Alexa in the car with Telenav deal

H.E.R.O.’s Journey in Tech (8 January 2019) – Amazon is getting more serious about Alexa in the car with Telenav deal

Companies

  • iFlytek: The Biggest Voice Assistant and AI Company from China You’ve Never Heard Of (VB); iFLYTEK, Asia’s AI Leader, Unveils iFLYTEK Translator 2.0, iFLYREC Series Voice-to-Text Products, AI Note and iFLYOS at CES 2019 (BW)
  • Lenovo: Western Tech Is Ready to Name the Next Red Menace; Huawei isn’t the only Chinese company that’s likely to be labeled a global security threat. (Bloomberg)
  • Meituan breaks own record with 2m hotel room nights booked on one day (KRA)
  • Trend Micro’s Venture Fund Doubles Award Money of Pitch-off Competition for the Most Innovative Startups at CES 2019 (BW)

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

  • China’s Baidu says its answer to Alexa is now on 200M devices (Techcrunch)
  • Samsung Shows Off Robots for Health Care and Retail Stores (Bloomberg); Samsung Electronics flags first profit drop in two years on weak chip demand (Reuters); Samsung Feels Apple’s Pain as Technology Slowdown Hits Sales (Bloomberg)
  • SoftBank Plans Reduced $2 Billion Investment in WeWork (Bloomberg)

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

  • Amazon is getting more serious about Alexa in the car with Telenav deal (Techcrunch)
  • Amazon Becomes Most Valuable Company, Inching Past Microsoft (Bloomberg)
  • Apple’s trillion dollar market cap was always a false idol (Techcrunch); Apple’s Errors (Stratechery)
  • Apple’s Latest TV Team-Ups Highlight a Shifting Growth Strategy (Barron’s)
  • Intel working with Facebook on AI chip coming later this year (Reuters)
  • Microsoft’s new groove; Once dismissed as a hidebound has-been, Microsoft is flying high. CEO Satya Nadella’s secret: A cultural reset that has lowered the gates to the software maker’s fortress-and cloud, cloud, cloud (Forbes)
  • Nvidia dives into a new business segment with Drive AutoPilot (Techcrunch); Nvidia says new self-driving platform to hit streets next year (Reuters)
  • The app-store war between Netflix and Apple is heating up (WaPo)

Asia Tech & Innovation Trends

  • CES 2019: Chinese tech companies keep low profile amid trade tensions (MW)
  • Chinese voice recognition startup AISpeech releases its first custom chip1 min read (Technode)
  • Will fintechs sink or swim when floats are regulated? (FT)
  • Toyota’s safety technology guardian to be available in the 2020s (Reuters)
  • LG says its AI can detect home appliance problems before they happen (Techcrunch)
  • E-mart partners with ThorDrive for self-driving delivery services (Investor)

Global Tech & Innovation Trends

  • Robot delivery dogs deployed by self-driving cars are coming (Techcrunch)
  • Qualcomm’s Cockpit Platform promises to make cars smarter (Techcrunch); Qualcomm expands car computer chip lineup, adds music from Amazon (Reuters)
  • Twitter Influences Markets More than Traditional Media (Barron’s)
  • A Maker of Smart Light Switches Just Got a Boost From Apple (Barron’s)
  • Tile to embed trackers in range of consumer electronics; Users will be able to trace headphones and other devices through Bluetooth (FT)
  • Machine learning is helping auto lenders make better decisions, which is likely more accurate than using humans who are unpredictable and prone to bias. (Bloomberg)
  • zGlue pitches ‘chiplets’ to make custom chips for startups (Reuters)
  • German supplier unveils new self-driving car computer, adds Xilinx chips (Reuters)
  • Apple supplier AMS develops behind-screen optical sensor for phones (Reuters)
  • Ride-Pooling Gets a Social Makeover With New App From HERE (Bloomberg)
  • Roku Jumps Most in 14 Months, Buoyed by 40% Gain in Active Users (Bloomberg)

Life

  • Why great leaders seek out uncomfortable truths (MT)

H.E.R.O.’s Journey in Tech (7 January 2019) – Artificial Intelligence Is About to Make a Splash at CES 2019

H.E.R.O.’s Journey in Tech (7 January 2019) – Artificial Intelligence Is About to Make a Splash at CES 2019

Companies

  • Lenovo’s chairman says worst is over for PC giant and ‘intelligent transformation’ set to reap rewards (SCMP)
  • Xiaomi Buys 0.5% Stake in TCL as Companies Sign Cooperation Pact (Bloomberg)
  • Slump in iPhone Demand Hits Lens Maker Largan’s December Sales (Bloomberg)
  • Apple’s Taiwan suppliers could bear the brunt of slump in shares; Island home to about 15 per cent of 195 globally listed companies that supply iPhone maker (SCMP)
  • Sinbon Electronics’ consolidated sales up 51.5% annually; Thanks to its long-term relationship with clients, Sinbon Electronics has greater access to clients than the company’s peers when client products are at the research-and-development stage, therefore it can ship products as a preferred supplier once they are released, who tracks the electronic components industry at Yuanta Securities, said in a client note on Dec. 27. In addition, its products are mostly used in non-consumer sectors such as industrial, green energy, automotive and medical, generally with stable orders (Taipei Times)

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

  • Will Samsung’s foldable smartphone be game-changer in 2019? (Investor); Samsung Electronics braces for profit drop as China slowdown chips away at demand (Reuters); $3 Billion Hedge Fund Bets Samsung’s Woes Are Bad News for South Korea’s Stock Market (Bloomberg)

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

  • Apple to Start Offering iTunes Movies and Shows on Samsung TVs (Bloomberg)
  • More than 100 million Alexa devices have been sold (Techcrunch)
  • Amazon and Walmart Team Up to Fight New Indian E-Commerce Rules (Bloomberg)
  • Netflix is all the rage, but so are its debt levels (AFR)

Asia Tech & Innovation Trends

  • Huawei unveils cutting edge chips and servers aimed at handling big data and AI tasks (SCMP)
  • Money’s Getting Tighter: China’s Ignored IPhone Alert; It’s not just about a slowing economy and the rise of cheaper devices from the likes of Huawei and Xiaomi. (Bloomberg)
  • Kamereo raises $500K to help restaurants in Vietnam manage suppliers, food orders (Bridge)
  • India’s Startups Are Venturing Abroad To Gain Footholds In Countries Around The World (Forbes)
  • India’s housewife-entrepreneurs turn a profit from social media: Reselling platforms such as Meesho spread e-commerce and draw investors (Nikkei)

Global Tech & Innovation Trends

  • Marc Andreessen: audio will be “titanically important” and VR will be “1,000” times bigger than AR (Techcrunch)
  • Artificial Intelligence Is About to Make a Splash at CES 2019 (Barron’s)
  • German Giants Cruise Into Robotaxi Era (Bloomberg); Mercedes aims to be among top two players to scale autonomous tech: paper (Reuters); Car Companies Will Show Off the Latest in Self-Driving Tech at CES (Barron’s)
  • Blood Pressure, Baby’s Pulse, Sperm Potency: Home Health Devices Are Tracking More Than Ever; Wearables and other inexpensive products and services can now extract detailed information about our bodies-so how will their makers handle all (WSJ)
  • Virtual Assistants Have Hit a Wall-and It’ll Be Years Before They Reach Full Potential; Alexa, Siri and Google Assistant desperately want to help you do your routine-but it takes too much programming and there are still too many holes (WSJ)
  • Health Startups Take Down Data Silos That Block AI Adoption; Challenge is to analyze data stored in multiple locations by multiple providers (WSJ)
  • Some venture capitalists are rooting for a market dip to calm Silicon Valley’s overheated start-up scene. (NYT)

 

Life

H.E.R.O.’s Journey in Tech (5 January 2019) – Digital disruption to drive revenue growth in 2019

H.E.R.O.’s Journey in Tech (5 January 2019) – Digital disruption to drive revenue growth in 2019

Companies

  • Inari, Globetronics bear brunt of Apple’s cut to forecasts (Edge)

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

  • Apple Beware: Samsung’s Great Fall in China Was Swift; In five years, Samsung went from China’s No. 1 to less than 1% market share (WSJ)

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

  • ‘Defining moment’ for Tim Cook as Apple looks beyond the iPhone; Investors fret over company’s future as smartphone slowdown bites (FT); Why There’s Still Plenty of Value in Apple’s Core (Barron’s)
  • Is the end of Netflix’s golden age in sight? The streaming pioneer is facing competition from content suppliers, not to mention Apple and Amazon; the amount it spends on content, marketing and other costs in 2018 will exceed what it earns from subscribers by at least $3bn. (Guardian); How Netflix Could Eventually Stop Losing Money (Bloomberg)

Asia Tech & Innovation Trends

  • Nansha, the pearl of the Greater Bay Area (GBA), is in full speed to foster artificial intelligence AI innovation (SCMP)
  • Toyota to showcase ‘brainier’ self-driving car at CES (Nikkei)
  • Taiwan’s UMC to scale down chip project with Chinese partner (Nikkei)
  • Developing a Next-Gen Display Ecosystem (EE Times)
  • Melbourne’s BMYG launches first Chinese investor matchmaking app in Australia (AFR)
  • Indian e-learning startup Byju’s eyes US deals after raising $540m; World’s most valuable education tech unicorn has global expansion plans, CEO says (Nikkei)

Global Tech & Innovation Trends

  • Digital disruption to drive revenue growth in 2019 (Star)
  • Salesforce Shares Soar on Analyst Rave (Barron’s)
  • The Inventor of the Apple Store on Retail Revolutions (Barron’s)
  • Robots Will Be Taking Over CES 2019 (Barron’s)

Life

  • Herb Kelleher, Whose Southwest Airlines Reshaped the Industry, Dies at 87 (NYT, Bloomberg)

H.E.R.O.’s Journey in Tech (4 January 2019) – Chinese movie ticketing platform Maoyan Entertainment to go public + The Great Rewilding

H.E.R.O.’s Journey in Tech (4 January 2019) – Chinese movie ticketing platform Maoyan Entertainment to go public + The Great Rewilding

Companies

  • Chinese movie ticketing platform Maoyan Entertainment to go public as early as January (KRA)
  • Baidu, Sohu Get Caught in Latest Chinese Internet Clampdown (Bloomberg)
  • Lifull Home’s bolsters inactive listing detection (AIM)
  • Sony promises better face identification through depth-sensing lasers (Verge)
  • Kakao M acquires 4 firms for competitive edge in video contents (Investor)
  • Taiwan based Delta Electronics chooses automotive campus Helmond for expansion of European operations (IO)

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

  • Apple’s Troubles Extend Beyond China; Confluence of events raises doubts about iPhone maker’s business strategy (WSJ); Apple Supplier Stocks Take Another Hit as iPhone Sales Weaken in China (Barron’s); Tim Cook Needs Better Ideas Than This for Apple; Encouraging iPhone trade-ins isn’t going to counter the growth trends working against the company. (Bloomberg); Apple Had Five Ways to Fuel Earnings. Only One Still Works; A changing smartphone market calls for new strategies to boost profit. Most of what Apple tried has run out of steam. (Bloomberg); Apple Comes Clean, Leaves Investors Stuck in the Mud; It sure took a long time for a corporate icon to embrace transparency. (Bloomberg); Apple Priced Itself Out of Shrinking Chinese Smartphone Market (Bloomberg); Apple plunge deepens Warren Buffett’s book value woes (Reuters)

Asia Tech & Innovation Trends

  • Beijing to accelerate autonomous vehicle production (Technode)
  • China Weighs Law to Curb Forced Tech Transfers: People’s Daily (Bloomberg)
  • Zomato seeking new funding round with Ant Financial (KRA)
  • Indian Auto marketplace CarDekho grabs $110M to double down on insurance and financial services (Techcrunch)
  • ‘Extreme affordability’ puts JioPhone atop Nikkei’s superior products list; Souped-up feature phone from India opens up internet to low-income users (Nikkei)
  • Carmen Automotive’s predictive tech prevents unexpected vehicle breakdowns; raises US$730K; Its product reads data such as battery life, coolant temperature and fault codes from the vehicle’s engine control unit to prompt owners on its current health (e27)

Global Tech & Innovation Trends

  • Stitch Fix’s Success Story Is Underappreciated; The online personalized shopping service has proved its staying power under the leadership of CEO Katrina Lake. (Bloomberg)
  • AI Helps Auto-Loan Company Handle Industry’s Trickiest Turn; Prestige Financial Services wanted to boost growth without lowering lending standard (WSJ)
  • Who Will Lead In The Age Of Artificial Intelligence? (Forbes)
  • Masayoshi Son wants Arm’s blueprints to power all tech; The British company’s pre-eminent position in chip design helps him predict tech’s future (Economist)
  • Artificial Intelligence Vs. the Hackers: Machine-learning algorithms watch hackers’ behavior and adapt to their evolving tactics. (Bloomberg)
  • Chipmakers keen to roll out NPU-based AI mobile SoCs (Digitimes)
  • The biggest tech trends of 2019, according to top experts; Next year’s AI, AR, and 5G tech may set the stage for some massive tectonic shifts in tech and culture. (FastCo)

Life

  • The Great Rewilding (Reboot)
  • Final Decision Checklist (VIW)
  • Why We’re Drawn to Leaders Who Emphasize the Negative (HBR)

H.E.R.O.’s Journey in Tech (3 January 2019) – Nifty.com harnesses Zenrin’s data + How to Be Brave

H.E.R.O.’s Journey in Tech (3 January 2019) – Nifty.com harnesses Zenrin’s data + How to Be Brave

Companies

  • NetEase Cloud Music Enters into Strategic Partnership with CUBE Entertainment (PRNW)
  • Nifty.com harnesses Zenrin’s data (AIM)
  • En-Japan offers HROnBoard free of charge (AIM)
  • Vietnam’s Airbnb-like startup Luxstay raises $3m bridge round from CyberAgent, others (DSA)
  • New Kakao M CEO to challenge Netflix, CJ ENM in original content (KT)
  • Nexon founder to sell controlling stake in gaming company’s holding firm: Korea Economic Daily (Reuters)

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

  • WhatsApp’s push into mobile payments: Messaging app owned by Facebook builds business model on money transfers (FT)
  • Apple sales woes suggest iPhone is losing its lustre’ Tim Cook blames China’s economy, but analysts see deeper problems in revenue warning (FT); Apple sales warning is a Chinese joint venture (Reuters); Apple’s iPhone Warning Comes Years Too Late; The company has reached the end of its denial phase. (Bloomberg); Buffett’s Apple Losses Make His Track Record in Tech Even Worse (Bloomberg)
  • Amazon’s Biggest Bull Says It Should Disrupt Gas Stations (Bloomberg)
  • New Netflix CFO to Tackle Cash Flow Conundrum; Spencer Neumann must convince investors that Netflix’s billions of investments in original content will grow subscribers and earnings, analysts say (WSJ)

Asia Tech & Innovation Trends

  • Why Ofo Failed? (KRA)
  • Investor Interest in Chinese Tech Begins 2019 Not With a Bang but a Whimper; Thousands of private Chinese tech companies raised a record $69.4 billion in equity in 2018, but the volume of stock sales has dropped off sharply of late (WSJ)
  • Chinese ride-hailing giant Didi Chuxing enters financial services amid profit push (SCMP)
  • Chinese app developers have invaded India (Techcrunch)
  • How Japan Is Harnessing IoT Technology To Support Its Aging Population (Forbes)
  • How Poshmark transcended secondhand clothing to become a $625 million fashion marketplace, complete with its own homegrown entrepreneurs (Forbes)
  • Superapps will starve the rest in Southeast Asia (Reuters)

Global Tech & Innovation Trends

  • Here’s what AI experts think will happen in 2019 (TNW)
  • Roku to launch subscription video channels business (Reuters); Roku Hopes a New Look Will Make It Easier to Buy Premium Content (Barron’s)
  • High-Flying MedTech Caught in Market Drop Amid Rising Scrutiny (Bloomberg)
  • Tech to disrupt supply chains more than trade wars (Reuters)
  • Robocar Tech Faces ‘Major Pain’ in 2019 (EE Times)
  • Outlook Dims for 3D Printer Makers (Morningstar)

Life

  • How to Be Brave (Medium)
  • The 20%-a-Year Stock Picker Who Wishes His Edge Would Disappear (Bloomberg)
  • What Would Ben Franklin Say?: Discussion groups take on the founding father’s 13 virtues and put a modern spin on temperance and chastity (WSJ)
  • How Not To Be Stupid (FS)
  • When A Billionaire Needs A Boss: The Story Of The Jimmy John’s Sandwich Empire (Forbes)
  • What anthropologists can teach tech titans: ‘These leaders have been operating with dangerous blind spots’ (FT)
  • I.a.P. Meets C.R.a.P.; Amazon recently announced that they are combing through the list of things they warehouse and sell to determine which items “can’t realize a profit” (C.R.a.P.) (Smead)
  • Motivation Over Discipline (AOM)

H.E.R.O.’s Journey in Tech (2 January 2019) – Firm Led by Google Veterans Uses A.I. to ‘Nudge’ Workers Toward Happiness + Paulo Coelho: Hope

H.E.R.O.’s Journey in Tech (2 January 2019) – Firm Led by Google Veterans Uses A.I. to ‘Nudge’ Workers Toward Happiness + Paulo Coelho: Hope

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

  • Chinese merchants refuse cash as mobile payments take off; Central bank takes steps to ensure Ant Financial and Tencent do not grow too powerful (FT)

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

  • Firm Led by Google Veterans Uses A.I. to ‘Nudge’ Workers Toward Happiness (NYT)
  • Google wins US approval for Project Soli miniature radar, that could herald new era of touchless tech control (SCMP)
  • Netflix takes on the movie industry (Axios)

Asia Tech & Innovation Trends

  • The end of China’s ride-sharing gig (Techcrunch)
  • HK-based fashion startup Goxip leverages social media to grow its business; A Hong Kong-based fashion shopping aggregator uses social media to grow and expand its business, with a big plan for the fast-growing SEA market. (KRA)
  • Top Taiwan Investor in 2018 Plans to Deepen Bet on Tech Sector (Bloomberg)
  • Etailers battle to win ‘Amazon of South Korea’ crown; Many ecommerce groups are finding the market tough to crack despite rising revenues (FT)

Global Tech & Innovation Trends

  • AI Innovators: Healthcare Startup Repurposes Ultrasound Imaging (Forbes)
  • This clever AI hid data from its creators to cheat at its appointed task (Techcrunch)
  • “I don’t want to be their real-world mistake”: People lash out at Waymo’s self-driving cars (qz)
  • Self-Driving Cars Keep Tapping the Brakes; CES is more driverless-centric than ever this year, but the payoff remains well down the road. (Bloomberg)

Life

  • Paulo Coelho: Hope (Paulo Coelho)
  • How to Develop Better Habits in 2019; Forget resolutions-these simple, proven methods can make lasting changes in your life (Medium)
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