H.E.R.O.’s Journey in Tech (26 March 2019) – Deep Science AI joins Defendry to automatically detect crimes on camera

Companies

  • China Literature Ltd., which operates one of the country’s leading online literature platforms, had signed 7.7 million writers and offered 112 million online literature works by the end of 2018 (Xinhua)
  • Investors take legal action against Nio for ‘misleading statements’ (Technode)
  • USI Collaborates with Microsoft to Launch the World’s First Azure Sphere Combo Module Designed to Meet Data Security and Connectivity Needs (ITN)
  • New Applications with Operational Updates in WiseChip Transparent OLED Displays Series (ITN)
  • Altium Launches “Altium Academic Programs” to Empower Next Generation of Technology Innovators (PRNW)

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

  • Alibaba acquires Israeli startup Infinity Augmented Reality (TC)
  • Samsung Issues Rare Profit Warning on Slump in Memory-Chip Price (Bloomberg)
  • Only ‘No. 1’ companies will survive in AI era, says SoftBank CEO; Rivalry heats up as ride-hailing companies head to public markets (Nikkei)

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

  • Facebook crumbles around its lonely king (MW); Social media executives will be threatened with the introduction of jail sentences unless the industry co-operates with stopping their platforms being used to spread terrorist and extremist material. (AFR)
  • Apple leaves a lot of questions about its subscription services unanswered (MW); Apple wants investors to focus on its services business. Regulators may, too (CNN); Tim Cook says Apple Card is a game changer. Experts are not so sure (CNN); What Apple’s Credit Card Means For Fintech (Forbes); Apple Card will make credit card fraud a lot more difficult (TC); Apple TV+ makes Facebook Watch look like a joke (TC); Apple TV+ joins crowded market for streaming options (Reuters); Apple’s not building a Netflix-killer. It’s got something bigger in mind (Age); Apple Launches $10 a Month Magazine, News Subscription Service (Bloomberg); Apple Shows Off Apple TV+ Video Service, Taking on Netflix (Bloomberg); Apple Debuts Apple Arcade Gaming Subscription Service (Bloomberg); Even Oprah Can’t Paper Over Apple’s Services Flaws; The iPhone maker’s big event highlights some half-baked ideas. (Bloomberg); Apple’s next big things are not things – hardware giant shifts to services with TV streaming, news, credit card and games; The strategic transformation of the tech giant into a content provider puts it in competition with Netflix and other streaming services (SCMP); Apple working on games subscription service for gadgets: Bloomberg (Reuters); Apple stretches to take on Netflix, Amex, Disney (Reuters)
  • Apple’s new ‘Sesame Street’-themed TV show will teach kids coding basics (TC)
  • Why Netflix Won’t Be Disrupted by New Competition From Apple (Barron’s); Why Netflix Won’t Be Part of Apple TV (NYT)

Asia Tech & Innovation Trends

  • China no match for US unicorns in AI, big data and robotics as it continues to play catch-up in R&D, says Credit Suisse (SCMP)
  • Yunji, a startup that enables social commerce via WeChat, files for $200M US IPO (TC)
  • This small team is building a social credit system app for China’s youth to determine who’s naughty or nice; A state-linked company partnering with the Communist Youth League Central Committee has launched a big-data credit app aimed at incentivizing positive action (SCMP); Life as one of China’s 13 million ‘deadbeats’ means slow trains, special ring tones; Individuals on a national list of ‘discredited individuals’ are barred from taking airplanes and high-speed trains (SCMP)
  • Xenodata, which develops the financial information AI analysis service “xenoBrain”, to raise 780 million yen (TC)
  • Aussie ‘influencer’ platform shoots for US stars after big capital raise (AFR)
  • Airwallex becomes the fastest Aussie unicorn after $US100m raise (AFR); Airwallex enables customers to create international bank accounts instantly, access interbank exchange rates and send money through local and international clearing networks to more than 130 countries. (Age)
  • Delhivery leading e-commerce logistics market is not a winner-takes-all game, says expert (FE)

Global Tech & Innovation Trends

  • Deep Science AI joins Defendry to automatically detect crimes on camera (TC)
  • Can AI be a fair judge in court? Estonia thinks so (Wired)
  • McDonald’s to buy AI company Dynamic Yield; Acquisition will help burger group customise its menu displays based on differing variables (FT); McDonald’s is acquiring Dynamic Yield to create a more customized drive-thru (TC); McDonald’s $300 Million Tech Deal Will Revolutionize Menus (Bloomberg)
  • Warnings of a Dark Side to A.I. in Health Care (NYT)
  • The Unicorn Stampede Is Coming (Bloomberg)
  • Tradeweb Markets plans to raise up to $709 million in IPO (Reuters)
  • Naspers Brings SoftBank-Style Mega-Tech to Europe; A $100 billion technology investor is about to land in the continent. (Bloomberg)
  • Pinterest’s future relies on pegging global sales (Reuters)
  • Lyft: Last Mile or Last Straw? (Morningstar)

Life

  • In the face of adversity, are you a Guernsey or a Brahman? (FS)
  • Mind your emotions: why emotional agility is the key to personal growth (Medium)

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