H.E.R.O.’s Journey in Tech (5 March 2019) – The AI Cameras That Can Spot Shoplifters Even Before They Steal

H.E.R.O.’s Journey in Tech (5 March 2019) – The AI Cameras That Can Spot Shoplifters Even Before They Steal

Companies

• China’s YY eyes overseas live streaming with $1.45B Bigo buyout (TC)
• China’s Music Scene Is Booming, But Labels Risk Getting Left Behind; Musicians are striking agreements with tech giants like NetEase, rather than traditional record companies (Bloomberg)
• The Social-Media Crackdown China Needs; An explosion of fake accounts and pseudo-influencers threatens e-commerce, not to mention trust among consumers. (Bloomberg)
• Trend Micro and Japan’s NISC sign collaboration agreement (EI)
• ReadyTech prepares to front fund managers, revives IPO; ReadyTech’s SaaS software is used by more than 3700 customers (AFR)
• As software bots get more complex, only a multi-talented workforce will thrive: Wipro COO (Forbes)
• Zomato to sell UAE food delivery business for $172 million (Reuters)

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

• Office Depot and Alibaba team up to tap small and medium businesses (Reuters)
• Tencent eyes more esports competitions in China; Top gaming group sees strategy to extend games’ lifespan (FT)

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

• How Amazon taught the echo auto to hear you in a noisy car (Wired)
• How Google Moved Beyond Search to Reinvent Productivity with G Suite (UF)
• Google, Facebook Stock May Rise Even Higher on Online Ads (Barron’s)

Asia Tech & Innovation Trends

• Hillhouse, Temasek, GGV and others may lose hundreds of millions of dollars as Chinese startup Iwjw collapses (TN)
• China’s Biotech Investors Have Caught a Chill (Bloomberg)
• Chinese tech scene hit by job cuts as austerity bites; Thousands of positions disappear, along with employee perks, as companies trim costs (FT)
• China’s TikTok passes 1bn global downloads; Short video app is first Chinese social media phenomenon to go global (FT)
• Singapore Is About to Trial Full-Size Driverless Buses (Bloomberg)

Global Tech & Innovation Trends

• The AI Cameras That Can Spot Shoplifters Even Before They Steal (Bloomberg)
• 40% of Europe’s artificial intelligence start-ups have no AI; Survey highlights hype around the technology that attracts larger funding than other software (FT)
• Deepmind teaches AI to follow navigational directions like humans (TNW)
• Adobe Sets Its Sights on Marketing Technology (Morningstar)
• Taboola Makes Acquisition to Bolster Its Take on Apple News; Deal will put Taboola recommendations on more Android phones’ lock screens (WSJ)
• It’s Lyft With a Y, and a Why (Bloomberg); Lyft’s Creators Used to Hand Out Flyers in Animal Costumes. Soon They’ll Ring the Nasdaq (Bloomberg)
• The Secret to Spotify’s Success; Its popular service, which grew virally, is free to the majority of users but still turns a profit. (Entrepreneur)
• Check Point, SailPoint and Varonis should see solid returns in 2019 because the three companies should benefit the most from increased security spending. (Barron’s)
• How robots and holograms are bringing online learning to life; Business schools use technology to boost engagement among students who learn remotely (FT)

Life

• The allure of financial trickery is fading (AFR)