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H.E.R.O.’s Journey in Tech (10 April 2019) – Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy + Eric Schmidt – Lessons from a Trillion-Dollar Coach

H.E.R.O.’s Journey in Tech (10 April 2019) – Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy + Eric Schmidt – Lessons from a Trillion-Dollar Coach

Companies

  • China game-streaming firm Huya launches $343 million follow-on offering (Reuters)
  • Trend Micro’s IoT Joint Venture Offers a New Approach to Tackling Weaknesses in Cybersecurity (DI)
  • Netwealth share price on watch as it becomes ANZ Private’s preferred supplier (MF)
  • Info Edge invests Rs 6 crore in Bizcrum Infotech; ShoeKonnect is a B2B marketplace that enables footwear brands, manufacturers, wholesalers and retailers to connect and transact with each other (BS)

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

  • Alibaba’s Cainiao to raise delivery fleet wages 20% within 3 years (Technode)
  • SoftBank bets on Asia’s travel market with investment in Klook (Nikkei)

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

  • Selling with the enemy: Why rival retailers embrace Amazon.com (Reuters)
  • Google Cloud’s new CEO on gaining customers, startups, supporting open source and more (TC)
  • YouTube Is Developing Choose-Your-Own-Adventure Programs (Bloomberg)
  • Netflix Could Actually Benefit From Increased Competition. Here’s Why. (Barron’s)

Asia Tech & Innovation Trends

  • Tencent-backed plastic surgery app So-Young files for $150 million US IPO (Technode)
  • Jia Yueting’s LeTV is RMB 12 billion in debt, may face delisting (Technode)
  • How GitHub became a bulletin board for Chinese tech worker complaints (qz)
  • No smoking, no tattoos, no bikinis: inside China’s war to ‘clean up’ the internet; While AI is used to remove banned content, many decisions are taken by humans, especially if they involve context (SCMP)
  • Big data enters the fray in the war against cancer as pharmaceutical laboratories combine drugs like cocktails to kill cancerous cells (SCMP)
  • Korean health care startup Sky Labs aims to launch its Cardio Tracker, or CART, a ring-type wearable device that detects a patient’s heart rhythm 24/7 using internet of things technologies. (Investor)
  • Grab vs Go-Jek: Duel of digital ‘decacorns’ escalates in Indonesia; $10bn ride-hailers’ battle for food orders and e-payments threatens to leave both bruised (Nikkei)
  • Cashfree, an India-based startup that specializes in making corporate banking services more accessible and easier to use, has closed a $5.5 million Series A round. (TC)
  • An Asian rewards app that works with Alibaba and major online brands has snagged $45 million from Japan’s Rakuten Capital and other investors. (Bloomberg)
  • Why Ola’s founder turned down a $11 billion deal with SoftBank (HBL)

Global Tech & Innovation Trends

  • Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy (Forbes)
  • Pinterest’s ‘down round’ IPO reflects history of caution (FT); Pinterest Co-Founders to Glean Wildly Different Fortunes on IPO (Bloomberg)
  • How Venmo works and what to know before you use it (MW)
  • Unicorns Like Lyft Have a Ton of ‘Restricted’ Stock. Here’s Why That Matters. (Barron’s)
  • Slack Is Fetching High Prices in Private Stock Deals Ahead of Public Offering (Bloomberg); Slack integration with Office 365 one more step toward total enterprise integration (TC)
  • PubNub nabs $23M as its IaaS network hits 1.3T messages sent each month (TC)
  • Machine Learning Will Dominate Investments, Greylock’s Sarah Guo Says. But It Won’t Be An Easy Sell. (Forbes)
  • (Subscription) video killed the piracy stats (AFR)
  • The Tech Disaster That Didn’t Happen; The world didn’t end when its GPS system reset. So why were so many people so prepared to believe that it would? (Bloomberg)
  • Even Netflix Stock Seems Cheap Next to Roku (Bloomberg)

Life

  • Eric Schmidt – Lessons from a Trillion-Dollar Coach (#367) (Tim Ferris)
  • The Mastermind Behind BTS Has Built a $780 Million K-Pop Fortune (Bloomberg)
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