H.E.R.O.’s Journey in Tech (19 April 2019) – Refused U.S. Visa Eight Times, Zoom CEO Eric Yuan Is Now a Billionaire + To Do Your Best Work You Must Fall in Love With Hard Work

H.E.R.O.’s Journey in Tech (19 April 2019) – Refused U.S. Visa Eight Times, Zoom CEO Eric Yuan Is Now a Billionaire + To Do Your Best Work You Must Fall in Love With Hard Work


  • Refused U.S. Visa Eight Times, Zoom CEO Is Now a Billionaire (Bloomberg); Zoom Video CEO: I Don’t Know Why Our Shares Soared 72% After IPO (Fortune); ‘What a Crazy Valuation,’ Zoom CEO Says After Stock Soars on IPO (Barron’s); After just one day of trading, Zoom Video is the most highly valued tech stock by this metric (MW)
  • AI firm iFlytek net profit up 24.71 pct in 2018 (Xinhua)
  • Meituan scales down fresh produce business Ella Supermarket (KRA)
  • Sony bulks up anime business in China (Nikkei)
  • Industrial robotics giant Fanuc is using AI to make automation even more automated (TC)
  • Taiwan presidential run by Terry Gou creates ‘uncertain’ future for Foxconn, analysts say (SCMP)
  • Getac eyeing sharp growth in ruggedized PC market (Digitimes)
  • HUB24 share price climbs higher on record March quarterly inflows (MF)
  • Fast growth tracking app Life360 details ASX IPO plans (AFR)
  • Kogan jumps 20pc on growth, subscription plans (AFR)

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

  • Tencent wins key approval to sell Nintendo’s Switch in China (Nikkei)
  • Tencent leads video conferencing service Little Fish’s Series C financing round (KRA)
  • TSMC signals bottom of chip cycle as quarterly profits tumble (Nikkei)
  • ‘Shooting for big game’: Softbank’s push for transport dominance (JT)

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

  • Google & Amazon reach an agreement to bring their streaming video apps to each others’ platforms (TC)
  • YouTube Music is now free with ads on Google Home devices (TC)
  • Amazon launches ad-supported music service to Echo owners (TC)
  • Amazon’s one-two punch: How traditional retailers can fight back (TC)
  • Amazon, facing entrenched rivals, says to shut China online store (Reuters, Nikkei)
  • Apple vs. Facebook Enters a New Era (Medium)
  • Microsoft delves deeper into IoT with Express Logic acquisition (TC)
  • Nvidia launches its Isaac SDK to help democratize AI-powered robot development (TC)
  • How 5G drove moves by Apple, Qualcomm and Intel (Reuters)

Asia Tech & Innovation Trends

  • Chinese internet giants test virtual banking in Hong Kong (Nikkei)
  • Online platform connects the dots for aspiring landlords; Dot Residential offers casual investors to build a property portfolio (FT)
  • Ruling LDP calls for law to prevent tech giants strong-arming vendors in Japan (JT)
  • Japan puts self-driving transit buses to the test next year (Nikkei)
  • Abyo Korea hopes to redesign delivery industry (Investor)
  • Singapore Tourism Board partners Alibaba Group and Traveloka to shore up visitor numbers (KRA)
  • Bionic Yantra: The robot giving patients a leg up; Bionic Yantra’s exoskeleton provides a fall-safe method of rehabilitation for those unable to walk (Forbes)
  • ‘Simply appalling’: Live event ticket reseller Viagogo misled ticket buyers on price, availability (Age)
  • Start-ups vie to lead India’s logistics revolution; Well-funded apps such as Rivigo aim to overhaul a logistics market that has hobbled the economy (FT)

Global Tech & Innovation Trends

  • Tech IPOs show the money is in business services; Companies such as Zoom have reinvented enterprise tech for the cloud era (FT)
  • NuvoAir raises $3M to help patients monitor respiratory diseases with AI (TC)
  • CloudBees acquires Electric Cloud to build out its software delivery management platform (TC)
  • Astroscreen raises $1M to detect social media manipulation with machine learning (TC)
  • Phantom Auto raises $13.5M to expand remote driving business to delivery bots and forklifts (TC)
  • Spotinst, the startup enabling companies to purchase and manage excess cloud capacity, acquires StratCloud (TC)
  • Sift’s ‘news therapy’ app aims to promote understanding, not anxiety (TC)
  • Zagat is perfectly positioned to fix the yelp review model (qz)
  • Airbnb Leads $160 Million Investment in Startup Designing Apartments for Travelers (Fortune)
  • With Self-Driving Cars Still Years Away, Phantom Auto Finds New Niche Teleoperating Robots (Forbes)
  • This Startup Just Raised $21 Million To Bring Quantum Computing To Enterprise Applications (Forbes)
  • Automakers invest heavily in electric vehicles despite still-low demand (Reuters)
  • Qualcomm’s deal with Apple transforms 5G outlook; End to legal marathon boosts US supplier of next-generation technology (FT)
  • Micron Stock Can Keep Surging Because AI Will Require More Chips, Analyst Says (Barron’s)
  • For Wirehouses, a New World of Digital Tools (Barron’s)
  • Aidoc, the AI solution for medical imaging analysis, raises $27M Series B (TC)
  • Pinterest Stock Is Hot After Its IPO. Why You Should Keep Your Cool. (Barron’s)
  • Lyft Investors Sue Over Slump, Claiming IPO Was Overhyped (Bloomberg)


  • To Do Your Best Work You Must Fall in Love With Hard Work (Medium)
  • ‘Goodwill’ Write-Offs Are an Earnings Killer. How to Spot Trouble Coming. (Barron’s)
  • The Golden Goose: How Dani Reiss Became A Billionaire Turning Canada Goose Into A Luxury Brand Powerhouse (Forbes)
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