H.E.R.O.’s Journey in Tech (4 December 2018) – Here’s Why Hong Kong’s Stock Market Makes Some Investors Nervous: Sudden stock plunges, Nefarious networks, Director diligence, Post-IPO flips, Low liquidity, Repeat rights issues

Companies

  • Tencent Music presses play on $1.2 billion U.S. IPO (Reuters)
  • Twitter of China Weibo eyes expansion to overseas ‘Chinese-speaking world’ (SCMP)
  • Pinduoduo, the Chinese platform known for fake products now has a clone Pinshaoshao (TIA)
  • Personal data from 30 million users of China’s top dating app Momo is reportedly being sold for as little as RMB 200 (around $30). (Technode)
  • Qutoutiao: Earn after reading: China news app lures with clickbait and cash (Reuters)
  • Cashless service provide Revenue Group Bhd is expected to make inroads into Myanmar early next year. (Star)
  • ‘Love-hate relationship’: Retailers hit by the Afterpay effect (Age)

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

  • WhatsApp is now betting on Indian primetime television to fight fake news (Qz)
  • Apple, Samsung Feel the Sting of Chinese Phone Vendors (Barron’s)
  • Apple Will Wait Until at Least 2020 to Release a 5G iPhone (Bloomberg)
  • An Amazon revolt could be brewing as the tech giant exerts more control over brands; Some companies are choosing to end their relationship with Amazon rather than cave to the online retailer’s demands. (Recode)
  • Alphabet’s DeepMind AI Algorithm Wins Protein-Folding Contest (Bloomberg)

Asia Tech & Innovation Trends

  • The impact on investors when Chinese internet companies venture abroad (AFR)
  • Focus remains on US, China race for AI supremacy at Fortune tech event as investors eye future winners (SCMP)
  • Hong Kong travel site Klook to enter Japan market in 2019 (Nikkei)
  • TikTok gives Chinese advertisers a trick to target Gen Z; Seconds-long video app provides a rabid audience of users in teens, 20s (Nikkei)
  • The IT rollercoaster in India (Forbes)
  • Aussie app store for AI Unleash Live raises $4.75m (AFR)

Global Tech & Innovation Trends

  • Paywall for HuffPost? Verizon Hunt for Web Revenue Goes Beyond Ads; Oath media unit at the wireless carrier to focus on e-commerce and paid subscriptions to content (WSJ)
  • Sensata Stock Could Pick Up as Auto Exposure Falls (Barron’s)
  • Elastic Software Founder Doubles Wealth in 60 Days to Become Billionaire (Bloomberg)
  • Would-Be Unicorn Seeks to Undercut Banks With Secure Cloud (Bloomberg)
  • The Same Tech Companies Killing Print Ads Are Buying Print Ads (Bloomberg)
  • Netflix, Prime, Blue Apron: How subscription businesses are taking over; Everything you purchase-from transportation to entertainment to groceries-will soon come with a monthly plan, says Zuora CEO Tien Tzuo. (FastCo)

Life

  • Here’s Why Hong Kong’s Stock Market Makes Some Investors Nervous: Sudden stock plunges, Nefarious networks, Director diligence, Post-IPO flips, Low liquidity, Repeat rights issues (Bloomberg)
  • Jack Ma, founder of Alibaba, said that few companies grow bigger and better because many of them only believe in gambling on popular tech and business ideas (Technode)
  • Farnam Street: Love, Happiness, and Time (FS)

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