H.E.R.O.’s Journey in Tech (6 March 2019) – It’s time SGX and sponsors get tougher with firms looking to list; The lack of scrutiny has let through companies with questionable business models. Companies with poor business models are more likely to turn to fraud to generate results

Companies

  • Nio’s right place, right time may be short-lived (Reuters)
  • Loss-making Livestreaming platform Huya’s ‘rich content’ powers user, revenue growth in 2018 (Technode)
  • Qutoutiao stock drops 10% after earnings show larger losses (MW)
  • Kakao to launch e-bike sharing service on March 6 (Investor)
  • Tencent-Backed Sea Raises $1.35 Billion in Share Sale (Bloomberg)
  • Iress to launch mortgage client portal (FTA)

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

  • Alibaba’s AI-powered smart mirror grants beauty wishes on command (Technode)

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

  • IDC: Apple led wearables market in 2018, with 46.2M of the total 172.2M devices shipped (TC)
  • Microsoft Unveils Azure Sentinel Cloud Security Program; Company also discloses large state-sponsored hack on financial services firms (Bloomberg)
  • Microsoft/cloud computing: the Jedi order; Pentagon deal would transform PC group but expanding its cloud business doesn’t depend on it (FT)
  • Alphabet’s Investment in Care.com Stock Is Doing Better Than Its Own Stock (Barron’s)
  • How Amazon’s algorithms curated a dystopian bookstore (Wired)
  • Amazon Gives AI to Harvard Hospital in Tech’s Latest Health Push (Bloomberg)

Asia Tech & Innovation Trends

  • TikTok’s rise is a test for social media regulation; China’s first foreign hit shares Silicon Valley’s lax attitude to privacy (FT)
  • Propaganda 2.0: Chinese Communist Party’s message gets tech upgrade (Reuters)
  • From ‘third arms’ to talking walkers, Panasonic ramps up ties with Japan academia on human-help robots (JT)
  • Japan’s Itochu invests in Singapore operator of doctor-focused social networking service (JT)
  • Fallen tech darling Appster trading while insolvent since 2017, report finds (Age)

Global Tech & Innovation Trends

  • Angry Birds Developer Seeks Backers for Its ‘Netflix of Games’ Service (Bloomberg)
  • Tesla’s ‘Un-IPhone Moment’ Shows It Can’t Be the Apple of Autos (Bloomberg); How much does Tesla have in the bank? (FT)
  • AI Efforts at Large Companies May Be Hindered by Poor Quality Data; Executives surveyed by PwC said cleaning up their data would lead to big cost savings and revenue gains (WSJ)
  • Shift Technology raises $60 million to detect insurance fraud (TC)
  • Salesforce releases myTrailhead, a customizable training platform (TC); Salesforce.com Co-CEO Says Company Has ‘a Lot of Runway’; 85% of its enterprise customers are just starting to make a digital transformation in the cloud era. (Barron’s); US tech giant Salesforce creates a $50m Australian VC fund to back start-ups (AFR)
  • SurveyMonkey acquires web survey company Usabilla for $80M (TC)
  • FT acquires majority stake in The Next Web; Deal for events and media company allows UK group to raise its game in Europe tech sector (FT)
  • Abu Dhabi startup is using AI to transform how kids learn (CNN)
  • Video gamers v couch potatoes; Business has a lot to learn from trigger-happy teens in their bedrooms (Economist)
  • Tuning Into This Year’s Podcast Investment (CB)
  • Online boom delivers big returns for central European warehouses (Reuters)

Life

  • TED Podcast ‘WorkLife With Adam Grant’ Returns With Second Season in first episode The Creative Power Of Misfits (Forbes)
  • It’s time SGX and sponsors get tougher with firms looking to list; The lack of scrutiny has let through companies with questionable business models. Companies with poor business models are more likely to turn to fraud to generate results (BT)

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