H.E.R.O.’s Journey in Tech (12 July 2018) – Naver’s Korean live quiz app pioneers new way of monetization + Want To Become The Best At What You Do? Then Learn This One Lesson. (Ryan Holiday)

Companies

  • Zuken has unveiled the CR-8000, a PCB design environment that looks to address industry’s changing design requirements when it comes to PCBs, such as high-density and high-speed, multi-board designs, (Newelectronics)
  • Inke, one of China’s biggest live streaming platform goes public in Hong Kong. The company generates most of their revenues from the live streaming business where users can purchase Inke Diamonds, their virtual currency, to purchase virtual items and other services. Virtual items that live steamers received are converted to Inke Coins. Up to a certain amount, they can be exchanged for RMB. (Technode)
  • Xiaomi and the Chinese delusion: The company misjudged the market. Beijing risks misreading the global tech trade war (Nikkei)
  • Meiya Pico to beef up presence in info security; Digital forensics provider to develop rapidly through latest technologies (Eastday)
  • Movie Special Effects Maker Plans Hong Kong IPO for China Unit (Bloomberg)
  • Delta Launches Battery Energy Storage Skid Solution for Industrial and Commercial Applications at Intersolar North America 2018 (PRNews)
  • Naver’s Korean live quiz app pioneers new way of monetization; Snow, NBT and NHN launched their respective live streaming apps less than a year ago, but they have been growing fast, garnering attention in the mobile realm, in which many players are struggling to find effective ways to make money. (Investor)
  • Platform provider Praemium’s funds under advice surges over $8b (AFR); Fund managers eye listings on tech-savvy specialty platforms (AFR)

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

  • Baidu Joins Sunshine Insurance To Invest $150M In Auto Financing Firm Lionbridge Group; Lionbridge says its platform has connected more than 100,000 commercial vehicle drivers and individual owners, and more than 14,000 transportation companies. (CMN)
  • Qeeka Home’s Hong Kong IPO Marks Baidu’s Third Exit This Year (CMN)
  • How Alibaba’s Dingtalk became China’s largest enterprise messenger app with 100m users (TIA)
  • Alibaba-backed internet car firm Banma sees 6 million cars in China using its software by 2023 (SCMP)
  • Tiger Global takes more than $1bn stake in SoftBank; Fund manager believes Japanese conglomerate is ‘meaningfully undervalued’ (FT)

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

  • Facebook Unlocks a Million Gigabytes of Data (Barron’s)
  • Alphabet’s new businesses: internet balloons and delivery drones; Loon and Wing are the latest ‘moonshot’ projects graduating to fully fledged companies (FT)

Asia Tech & Innovation Trends

  • A closer look at China’s paid audio content boom (TIA)
  • China’s Tinder embraces AI as it eyes growth from the country’s singles (SCMP)
  • SoCar, Korea’s No. 1 ride-sharing service operator, has made an investment in autonomous driving startup RideFlux (Investor)

Global Tech & Innovation Trends

  • VMware COO Poonen: Still Happy Being Switzerland (Barron’s)
  • PayPal: How iZettle Could Widen Profits (Barron’s)
  • Broadcom to Buy CA Technologies for $18.9 Billion in Cash (Bloomberg)
  • Pandora Media CEO Sees Podcasts as Chance to Gain Edge on Rivals (Bloomberg)

Life

  • Want To Become The Best At What You Do? Then Learn This One Lesson. (Ryan Holiday)
  • Required reading for marketplace startups: The 20 best essays (Andrew Chen)

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