H.E.R.O.’s Journey in Tech (13 March 2019) – China may use facial recognition to stop kids from livestreaming; The US Government Will Be Scanning Your Face At 20 Top Airports; Citizen, the real-time crime alerting app, is growing in big cities

H.E.R.O.’s Journey in Tech (13 March 2019) – China may use facial recognition to stop kids from livestreaming; The US Government Will Be Scanning Your Face At 20 Top Airports; Citizen, the real-time crime alerting app, is growing in big cities

Companies

• China’s Qutoutiao is burning millions of dollars to take on TikTok parent (TC)
• Meituan willing to sacrifice profitability for growth as business model shifts from subsidies to investments; Meituan’s net loss widened 57 per cent to US$508 million, dragged down by its bike-sharing service Mobike (SCMP)
• New Oriental online education subsidiary files for Hong Kong IPO (Technode)
• Trend Micro launches security suite for telecom companies (NWA)
• Foxconn lashes out at Microsoft over royalties; Terry Gou says US tech giant’s latest lawsuit seeks to gain from US-China trade talks (Nikkei)
• Delta Electronics seeking to build sustainable 8K display ecosystem (Digitimes)
• Seoul Semiconductor wins top award in lighting sector (Investor)
• Global investment platform Praemium has signed a partnership with London and Jersey-based Enhance Group that will enable its clients to access the Australian firm’s technology. (IA)

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

• TSMC likely to post first annual profit drop in 8 years (Digitimes)

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

• YouTube Music launches in India to battle it out with Spotify et al (TNW)
• Apple’s Streaming Service Could Win 100 Million Subscriptions, Analyst Says (Barron’s)
• Netflix is pursuing more interactive content, including, maybe, a rom-com (TC); Analyst Who Called Netflix’s Rise Sees ‘Dramatic Returns’ for Spotify (Barron’s)
• Nvidia Is Buying Mellanox. Here’s What It Means for Semiconductors. (Barron’s)

Asia Tech & Innovation Trends

• SenseTime facial recognition system to alert fatigued Shanghai bus drivers (Technode)
• China may use facial recognition to stop kids from livestreaming (TIA)
• Tencent-backed second-hand goods app gains traction with 50 million monthly active users in 2018 (KRA)
• Are Chinese electric car start-ups doomed after Tesla’s big price cuts? Tesla’s price cuts have provoked a fierce debate over the maturity of domestic EV industry – especially newcomers (SCMP)
• Asian chipmakers mount 5G challenge to Qualcomm (Nikkei)
• Transforming the manufacturing industry’s analog purchasing business with IT, the “RFQ Cloud” created by a former Keyence entrepreneur (TC)
• For Sansan, IPO is always an option, but not the focus (TIA)
• Indonesia tightens rules for online lending platforms; It’s an ongoing battle to reign in unethical P2P lending platforms (KRA)
• Oyo pledges $800m to upgrade hotels in India and China; SoftBank-backed unicorn uses enlarged war chest to bolster presence (Nikkei)
• Handling Big Tech in ASEAN: Cooperate in crafting and enforcing privacy and competition rules in digital markets (Nikkei)

Global Tech & Innovation Trends

• The US Government Will Be Scanning Your Face At 20 Top Airports, Documents Show; “This is opening the door to an extraordinarily more intrusive and granular level of government control.” (BFN)
• How to rein in Airbnb; The success of cities that have been able to regulate tech-enabled tourism owes to the powerful coalitions that have mobilized to challenge these data-driven platforms. (FastCo)
• Uber’s self-driving car unit was burning $20 million a month; In the run up to its IPO, court filing reveals new details of Uber’s huge spending and equally huge ambitions (TC)
• Citizen, the real-time crime alerting app, is growing in big cities (CNN)
• Zoho invests $40m in Aussie cloud push (AFR)
• How TodayTix plans to solve ‘bad behaviour’ in ticket sales (AFR)
• Mastercard and Visa Look Set to Further Disrupt the P2P Payments Landscape (Barron’s)

Life