H.E.R.O.’s Journey in Tech (6 May 2019) – ‘We screwed up’ not buying Google shares, Berkshire’s Munger says

H.E.R.O.’s Journey in Tech (6 May 2019) – ‘We screwed up’ not buying Google shares, Berkshire’s Munger says

Companies

• So-Young plastic surgery: wrinkle twinkle; So-Young accounts for a third of all plastic surgery procedures booked by Chinese people online by sales (BT)

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

• Tencent aims to blend internet and industry in bid for new growth; Push to expand beyond consumer services comes as gaming segment faces headwinds (Nikkei)
• SoftBank mulls IPO of $100 billion Vision Fund: source (Reuters)

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

• How Apple News+ could be the forbidden fruit for publishers (Age)
• The making of Amazon Prime, the internet’s most successful and devastating membership program; An oral history of the subscription service that changed online shopping forever. (Vox)
• Netflix Isn’t Being Reckless, It’s Just Playing a Game No One Else Dares (Netflix Misunderstandings, Pt. 3) (Redef)

Asia Tech & Innovation Trends

• Chinese AR start-up develops smart glasses to help police catch suspects (SCMP)
• China’s largest satellite operator feels heat from 5G competition; Threat to TV pushes China Satcom toward maritime Wi-Fi and ‘smart shipping’ (Nikkei)
• Q&A with Taiwan’s ‘Startup Minister’ Chen; After TSMC and UMC, Taiwan Needs a New Model (EET)

Global Tech & Innovation Trends

• How exactly Stitch Fix’s “Tinder for clothes” learns your style (qz)
• Jumia’s rise exposes challenges of online shopping in Africa; Pan-African start-up wrestles with issues of logistics, traffic and customer trust (FT)
• Forgers Are Forcing a $9 Trillion Business Into the Digital Age (Bloomberg)
• MercadoLibre Soars to Record as Payments Growth Impresses Street (Bloomberg)
• Spotify Stock Is Risky Because the Music Industry Isn’t Changing Fast Enough (Barron’s)
• Apps Take Center Stage in Chipotle’s Food Fight; Digital ordering and food delivery have moved beyond talking points and pilot programs to become big money-makers. (Bloomberg)
• Visualizing the Unicorn Landscape in 2019 (VC)
• Using Smart Speakers to Engage with Your Customers (HBR)
• Robots Edge Closer to Unloading Trucks in Amazon-Era Milestone; New Siemens, Honeywell devices work at least as fast as people. ‘The job is miserable inside that trailer.’ (Bloomberg)
• Fifty Years of AMD, a Tech Leader (EET)
• How Audioburst Makes Talk Radio And Podcasts More Digestible (Pulse)
• Distracted by Tech While Driving? The Answer May Be More Tech (NYT)

Life

• ‘We screwed up’ not buying Google shares, Berkshire’s Munger says (Reuters); Buffett leans in to fintech and Asia in search of gems; Paytm and Amazon stakes mark departure from Oracle of Omaha’s tech aversion (Nikkei); Buffett says Amazon stock purchase doesn’t deviate from value-investing principles (MW); Here’s How Warren Buffett Answered a 9-Year-Old’s Question About Investing in Tech (Barron’s)
• The future of stroke patients may depend on the part-time job of a Canadian surgeon (qz)
• Visionary Photographer Edward Weston on Creativity and the Importance of Cross-Disciplinary Curiosity (BP)