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H.E.R.O.’s Journey in Tech (7 May 2019) – Word’s new AI editor will improve your writing

H.E.R.O.’s Journey in Tech (7 May 2019) – Word’s new AI editor will improve your writing

Companies

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

  • Alibaba re-evaluates India strategy, may focus on smaller deals; The potential shift in strategy follows Alibaba’s disappointments at some of its large e-commerce bets in India (LM)

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

  • Facebook is pivoting (TC)
  • Facebook’s contract workers are looking at your private posts to train AI (Verge)
  • Word’s new AI editor will improve your writing (TC); Microsoft wants you to work less (TC); Microsoft wants to reinvent documents and collaboration with its new Fluid Framework (TC); Microsoft and GitHub grow closer (TC); Microsoft and Red Hat launch a new event-driven Kubernetes autoscaling tool (TC); Microsoft’s IntelliCode for AI-assisted coding comes out of preview (TC); Microsoft open-sources its quantum computing development tools (TC); Microsoft launches a new platform for building autonomous robots (TC); Microsoft aims to modernize and secure voting with ElectionGuard (TC, JT); Microsoft is building Word into a serious Google Docs competitor (qz)
  • Microsoft Forms Pact With VMware to Keep Up With Amazon (Bloomberg)
  • It’s Microsoft vs. Comcast in infrastructure push to expand rural broadband (MW)
  • Google Maps Could Point the Way to Alphabet Stock Gains (Barron’s)
  • Apple has bought around two dozen companies in the past 6 months, Tim Cook says (MW)
  • Apple’s New Video Service Is Unlikely to ‘Move the Needle’ on Profit, Analyst Says (Barron’s)
  • Apple to Reveal New Home-Grown Apps, Software Features at WWDC; Tech giant will woo developers with new tools, but also compete with them through its own software. (Bloomberg)
  • Ford Partners With Amazon to Enable Package Deliveries to Trunks (Bloomberg)
  • Amazon squares up to local ecommerce groups in India; Online retail is booming in smaller cities as data prices fall and more people get web access (FT)

Asia Tech & Innovation Trends

  • Jiangsu Hengshun Vinegar attributes some of its increase in profit to the AI taste-testing machines which increased productivity, improved product quality and stability, reduced production costs and provided technical support to promote traditional cuisine outside the country (SCMP)
  • DeepGlint: the Chinese AI firm that helped police catch a criminal who had been on the run for 20 years (SCMP)
  • Chinese Startup DouYu Delays U.S. IPO Launch on Trade Jitters (Bloomberg)
  • Trump’s Tariffs on Chinese Electric Cars Seen as Likely to Last (Bloomberg)
  • Tencent-backed health care giant DXY expands to cosmetic medicine (TN)
  • Chinese video platform Kuai says its users in smaller cities love instructional videos (KRA)
  • Failed anonymous chat app pivots to social shopping (TIA)
  • Future standard to democratize image analysis AI raises 400 million yen (TC)
  • South Korea’s booming ‘webtoons’ put Japan’s print manga on notice (JT)
  • SendBird, a startup that enables developers to add messaging to their apps with a couple of lines of code, snags additional $50M for messaging API tool, as it extends Series B to $102M (TC)
  • Grocery startup BigBasket becomes India’s newest unicorn with new $150M investment (TC)
  • The world won’t take China’s money-and India’s online travel firms are benefiting (qz)
  • Medlife acquires Myra Medicines for express delivery and data science capabilities; The e-pharmacy platform plans to invest $100 million to expand its operations, build additional services and gain greater market share (Forbes)
  • Power Thieves Drain India’s Electric-Car Hopes; Widespread theft of electricity and a lack of charging stations render the country’s green-vehicle targets unrealistic. (Bloomberg)
  • Uber Eats targets business customers in Australia ahead of IPO (Age)

Global Tech & Innovation Trends

  • ServiceNow Unveils Google Pact on Path to $10 Billion Sales Goal (Bloomberg)
  • Dropbox adds cold storage layer to reduce cost of storing less-frequently accessed files (TC)
  • Carta, formerly known as eShares, had moved beyond replacing paper records and into selling as a monthly service appraisals of the fair market value of private companies’ common stock in order to determine their strike price (TC)
  • Thunes raises $10M to make financial services more accessible in emerging markets (TC)
  • VisaDB tells you all about your next destination – weather, paperwork, and plugs to bring (TNW)
  • SaaS startup Black Lake raises RMB 150 million as factories shift to the cloud (TN)
  • PagerDuty offers a subscription service that allows businesses to improve the constant interplay between software developers and operators – so-called DevOps – within their organization and lets them use real-time data to address incidents that occur (MW)
  • Chewy Inc., the rapidly growing online seller feeding on the “pet humanization” trend, is going public. (MW)
  • Stock Picks From Space; Investors are using real-time satellite images to predict retailers’ sales. Is that cheating? (Atlantic)
  • What Pinterest is hiding, and why it may get in the way of a higher stock price (MW)
  • Roku Stock Has Doubled and Will Keep Rising on Strong Ad Sales, Analyst Says (Barron’s)
  • Forgers Are Forcing a $9 Trillion Business Into Digital Age (Bloomberg)
  • The Sports TV Bubble Shows Signs of Weakness; Sinclair’s deal to buy the former Fox regional sports networks values them at less than expected. (Bloomberg)
  • Lyft Shares Sell Off as Driver Strike Highlights Regulatory Risk (Bloomberg)
  • Flexera’s Owners Pursue Sale for Up to $3 Billion; Flexera helps companies with IT services including software security, cloud management and software-as-a-service management (Bloomberg)

Life

  • Buffett Confronts Tech-Driven Change Amid Investor Questions; “We just sat there sucking our thumbs,” Munger said of failing to invest in Google. “Maybe Apple was atonement.” (Bloomberg)
  • To Master Your Work, Work to Master Your Mind (NW)
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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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