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H.E.R.O.’s Journey in Tech (29 April 2019) – On the need for hardship and the longing to grow; How to reduce digital distractions: advice from medieval monks

H.E.R.O.’s Journey in Tech (29 April 2019) – On the need for hardship and the longing to grow; How to reduce digital distractions: advice from medieval monks

Companies

  • Xiaomi chief’s fund hunts for next big Indian-language app; With $1.2bn, venture investor eyes country’s unconnected rural population (Nikkei)
  • Bandai Namco brings interactive gaming event as it taps Chinese market (Shine)
  • Technopro Holdings sees revenue and profits surge (SI)
  • Docomo profit warning marks end of an era for Japan telecoms (Nikkei)
  • Seek takes equity stakes in FutureLearn and Coursera (AFR)

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

  • Why Wechat mini-programs are the cutting edge of e-commerce (Technode)

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

  • The rise and fall of Facebook’s memory economy (Wired)
  • About 14.5% of Netflix subscribers say they are considering dropping the service in favor of Disney’s $6.99-a-month offering (MW)

Asia Tech & Innovation Trends

  • Toyota abandons plan to install U.S connected vehicle tech by 2021 (Reuters)
  • The ASEAN e-commerce paradox; there are doubts that e-commerce marketplaces, which rely heavily on perks such as providing subsidies on deliveries and free listing for sellers to draw in customers, can be a long term sustainable business model. (Star)
  • Singapore’s Bet on Tech Startups Gains Ground With 150 VC Funds (Bloomberg)

Global Tech & Innovation Trends

  • Burned by bitcoin — Son’s misadventure tells wider story; Japanese billionaire’s loss shows urgent need for regulation in nascent market (Nikkei)
  • Luxury Ride-Sharing Platform Says 20% Of Teslas Faulty; Takes Out Ad In Times Square To Complain (ZH, GT)
  • Lyft and Uber lure people with low fares, but how long will cheap ride-sharing last? (MW)
  • SAP’s finances show it is growing into the cloud era (AFR)
  • Intel puts modem business up for sale, held talks with Apple: WSJ (Reuters)
  • Walmart Bets on TV Shows for Families, Date Night in Media Push (Bloomberg)

Life

  • On the need for hardship and the longing to grow (Ascent)
  • How to reduce digital distractions: advice from medieval monks (Aeon)
  • Warren Buffett: ‘I’m having more fun than any 88-year-old in the world’; The legendary investor on luck, expectations and finding value in an overheated market (FT)
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