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)

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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