H.E.R.O.’s Journey in Tech (7 August 2018) – ‘Made in USA’ push is here to stay: Taiwan tech giant; Advantech, world’s biggest industrial IT company, ready to expand in America

Companies

  • Billionaire Clothes Makers Trade Barbs Over How to Measure Customers. The subject of debate is the Zozosuit, a skin-tight bodysuit covered in polka dots that serves as a body scanner for measuring clothing size. For Yusaku Maezawa, founder of Japan’s largest e-commerce company Start Today Co., his company’s technology is a way to shake up the retail industry. To Tadashi Yanai, founder of Uniqlo operator Fast Retailing Co., the Zozosuit is more of a “toy.” In an interview with the Nikkei published Monday, Yanai, a billionaire who built Uniqlo from his father’s tailor shop into the biggest retailer in Asia, said the Zozosuit would be troublesome to use and didn’t solve the key issue in clothing — that the feel of fit differed depending on the wearer. (Bloomberg)
  • Tencent-backed Weimob files for Hong Kong IPO as marketing solutions provider joins rush to go public (SCMP)
  • Chinese tech group Bytedance plans IPO: Rising star behind Toutiao news feed and video app Douyin frustrated by crackdown; Chinese president Xi Jinping’s crackdown on online content had an impact on Bytedance’s fundraising (FT)
  • China’s Xiaomi says parts supplier Holitech Technology to invest $200 million in India (Reuters)
  • ‘Made in USA’ push is here to stay: Taiwan tech giant; Advantech, world’s biggest industrial IT company, ready to expand in America (Nikkei)
  • Delta Electronics showcases CPS application to smart manufacturing (Digitimes)
  • The man leading Seek’s push into high-risk, high-reward emerging markets has defended its focus on growth, after the online recruitment giant was forced to write down its operations in Latin America (Age)

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

  • Tencent Leads $50M Pre-A Round In Chinese AI Chip Maker Suiyuan Technology (CMN)
  • SoftBank’s evolution to tech investor pays off; Vision Fund ranks as group’s top contributor to record earnings (Nikkei); SoftBank’s Operating Profit Jumps 49%, Boosted by Vision Fund; A one-time gain from the stake sale of Arm’s Chinese operations also contributed to the increase (WSJ)

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

  • Facebook to Banks: Give Us Your Data, We’ll Give You Our Users; Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement (WSJ); Facebook shares recover on optimism its Messenger chat app can build closer banking relationships (SCMP)
  • How Apple’s Posse Fared on the Road to Trillionaire Status; The iPhone maker’s entourage of suppliers and partners has had mixed fortunes. (Bloomberg); Here’s Apple’s Plan to Keep From Losing the World’s Fastest-Growing Smartphone Market (Bloomberg)

Asia Tech & Innovation Trends

  • The only thing mythical about unicorns these days are their valuations (SCMP)
  • Didi to invest US$1 billion in one-stop car services business (SCMP)

Global Tech & Innovation Trends

  • Internet of Things Adoption to Rise Despite Security, Data Integration Challenges; Integrating IOT data into day-to-day operations among top challenges cited by decision makers (WSJ)
  • Spotify: The Crucial Change That Almost Came ‘Too Late’ (Barron’s)
  • Airbnb’s Great Wall of China competition upsets Chinese social media users (SCMP)
  • Can This Man Make His Video Gaming Team a $1 Billion Business? (Bloomberg)
  • Developers Add Smart-Lock Technology to Let the Dogs Out and the In-Laws In (Bloomberg)

Life

  • Morgan Housel discusses how the internet shapes consumer values, the power of shows like Chef’s Table, the sudden rise of Vanguard, under-reported insights from Warren Buffett and Howard Marks (Perell)
  • How Whole Foods Started an Organic Revolution and Became a $13 Billion Company (PH)

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