H.E.R.O.’s Journey in Tech (4 July 2018) – GlobalWafers sees talent poaching from China as ‘big concern’; Taiwan maker says strong demand for memory and sensors will buoy market to 2020

Companies

  • Custom-fit clothes retailer Zozo launches in 72 countries; Japanese online company challenges Uniqlo, Amazon with global rollout (Nikkei)
  • Japan-based technology-focused staffing and services company announced that its subsidiary TechnoPro Construction, Inc will fully acquire TOQO Co. Ltd, a Japanese company operating in the construction industry. (SI)
  • Quartz to Be Bought by Japan’s Uzabase for as Much as $110 Million; Price of cash and stock deal tied to the business-news startup hitting certain financial goals (WSJ, MW, CNN)
  • China online education firm Hujiang files for Hong Kong share listing (SCMP)
  • Smart travel in China and beyond: Ctrip VP (Technode)
  • GlobalWafers sees talent poaching from China as ‘big concern’; Taiwan maker says strong demand for memory and sensors will buoy market to 2020 (Nikkei)
  • Afterpay’s Nicholas Molnar makes a cool $200 million; Afterpay Touch Group’s success is boosting the fortunes of co-founder Nicholas Molnar. (AFR)
  • FoundPac expects contract value to increase by at least 10% (Star)

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

  • Alibaba and Tencent hit by China’s new mobile payment rules; Mandate to deposit funds at central bank will slash interest income (Nikkei)
  • Tencent further strengthens spending limits for young gamers amid growing health fears (SCMP)
  • New Era at Amazon’s Whole Foods Grates on Some Suppliers, Employees: Suppliers fight fees, while workers push to unionize a year after merger (WSJ)

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

  • How Big Tech is busy slamming the door behind it; Thanks to their deep pockets, Big Tech can gobble up or squelch any new firm that threatens core profit lines, no matter how indirectly. (AFR)
  • Global web giants racing to develop chips in-house (Digitimes)

Asia Tech & Innovation Trends

  • How A Hong Kong Entrepreneur Launched A Tutoring App That’s Winning Over Asia’s Students; With Snapask, students connect with tutors to receive on-demand, academic support. (Forbes)
  • Neta app: Finger on democracy’s pulse; Pratham Mittal’s app allows people to rate politicians and gauge public mood before elections (Forbes)
  • ‘Airbnb refugees’ in Japan seek ways around regulatory roadblocks; With private lodging market murky, travelers and owners take the initiative (Nikkei)

Global Tech & Innovation Trends

  • How Michael Dell’s financial engineering created a fortune: Pioneer of the PC world makes his return to public markets (FT)
  • Premium content is the future of podcasts: founder of Castbox (Technode)
  • MoviePass May Survive After All: Inside Its Bold New Business-Saving Plan (Forbes)
  • Roku: Why Investors Should Tune into the Roku Channel (Barron’s)
  • BlackRock Joins the AI and Robotics ETF Craze (Bloomberg)

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