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)

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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