H.E.R.O.’s Journey in Tech (11 July 2018) – Japanese video recipe media Kurashiru acquired by Yahoo Japan for $84M + The evolution of ancient Stoicism, and why it matters today

Companies

  • Japanese video recipe media Kurashiru acquired by Yahoo Japan for $84M (Bridge)
  • LINE and Venture Republic operated “Travel.jp” capital and business alliance (Techcrunch)
  • Xiaomi passes Chinese internet giant JD.com’s market cap within three days of listing (SCMP)
  • China’s Risqué Live-Streaming Apps Are Now Objectifying Men Too; Companies including YY Inc. (which has a $6 billion-market capitalization) and Momo Inc. ($9 billion) are adjusting their product offerings as educated women in China with higher incomes demand virtual entertainment that caters to their needs. The platforms are coming up with content that caters to women — adding sections targeted to their interests in gaming, outdoor sports, anime, and ahem, good-looking men (Bloomberg)
  • Owner of China’s Top News-Aggregation App in IPO Talks; Hong Kong offering may value Jinri Toutiao owner Beijing Bytedance Technology at over $45 billion (WSJ); Why are Chinese internet users so hooked on short video apps? (Abacus); China Bans Ads on Booming Video App; ‘The opportunities here are bigger than they are everywhere else, but the risks are higher,’ one analyst says (WSJ)
  • Silicon wafer recycler goes public with high hopes for electric car boom; Taiwan’s Phoenix Silicon raises over $12m on IPO (Nikkei)
  • Inari remains bullish on stronger radio frequency demand pickup (Edge)
  • Unsafe spending at the intersection of Instagram and Afterpay (SMH)

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

  • Analog Devices to partner with Baidu on autonomous driving project (Reuters)
  • Alibaba’s AutoNavi launches ride-hailing service in bid to become a mobility mega platform (Technode)
  • TSMC founder sees trade dispute as ‘reality show with no script’; Morris Chang warns top chipmaker faces fierce competition and unpredictable conditions (Nikkei)
  • SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba (Reuters); Son Has a Plan for Yahoo Japan. It Begins With D; Get ready for the internet portal to pile on debt. (Bloomberg)

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

  • Amazon Has Global Aspirations for Medical-Supplies Marketplace (Bloomberg)
  • Amazon Prime Day Works for Gadgets. Can It Sell Cereal and Cod? (Bloomberg)
  • Google leans more on algorithms for ads as critics highlight risks (Reuters)
  • Google Works With Shopify to Spur Commerce, Retail Ad Spending (Bloomberg)
  • Netflix’s Content Budget Is Bigger Than It Seems (Netflix Misunderstandings, Pt. 1) (Redef); Netflix Is a Product & Technology Company (Netflix Misunderstandings, Pt. 2) (Redef); Netflix Isn’t Being Reckless, It’s Just Playing a Game No One Else Dares (Netflix Misunderstandings, Pt. 3) (Redef)

Asia Tech & Innovation Trends

  • China’s Pony.ai pulls in US$214 million in A round funding, the most for Chinese self-driving start-ups (SCMP)
  • Jim Rogers-backed mobile securities broker Tiger becomes China’s latest unicorn (SCMP)
  • Top China regulator warns against ‘mythologising’ blockchain technology (SCMP)
  • China’s Technology Sector Takes On Silicon Valley; Nanjing’s new research park is at the heart of the trade war with the U.S. (Bloomberg)
  • In Japan, Airbnb is rubbish: Cultural quirks pose a threat to short-term rentals (Nikkei)
  • How Zenatix Solutions is helping clients conserve energy; The company’s IoT-based solutions automatically plug power leakages (Forbes)
  • CustomerSuccessBox is helping clients understand customer behaviour; The startup provides real-time information about subscribers and the chance that they will renew their subscription (Forbes)

Global Tech & Innovation Trends

  • Salesforce: Firing on All Cylinders, Says JMP (Barron’s)
  • Stitch Fix: The Path to Doubled Profit Margins (Barron’s)
  • A Mystery Investor sold a stake worth approximately $160 million in Playtech Plc about two weeks before the U.K. software company reported a profit warning that sent the stock tumbling (Bloomberg)
  • How Slack’s search finally got good; For years, organizations have been pouring essential knowledge into Slack. Getting it back out again wasn’t all that easy-until now. (FastCo)

Life

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