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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)
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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)
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