H.E.R.O.’s Journey in Tech (12 April 2019) – Lessons in Persistence From Climber Tommy Caldwell + From Broke To Billionaire: How Fred Luddy Built The World’s Most Innovative Company ServiceNow

Companies

  • After a 600% Rally, ‘King of Deals’ Prepares for Post-Smartphone Future; Minebea, a key Apple supplier, says phones losing innovation. CEO plans to spend billions on connected auto, home deals (Bloomberg)
  • Trend Micro provides flexible security for Microsoft Azure environments (IC); Trend Micro Releases Innovations that Increase Security for Google Cloud Platform, Kubernetes and G Suite Gmail (AO)
  • @Cosme flagship store opens on Tmall (IRA)
  • Bravura makes non-binding $172m bid proposal for GBST (AFR)
  • Naukri parent company Info Edge invests Rs 6 cr in ShoeKonnect, another Rs 14 cr in Gramophone (YS)

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

  • Alipay’s mutual aid platform Xiang Hu Bao aims to cover 1/5 of China’s population in two years (KRA)
  • Taobao app adds foodie channel to tap on China’s food e-commerce growth (KRA)
  • Cloud gaming to strengthen Tencent’s hand; Capturing a larger slice of China’s gaming market is a valuable goal as it is the largest (and still growing) gaming market in the world, estimated at over US$34 billion in 2018. (AFR)
  • Factbox: SoftBank’s transportation bets (Reuters)
  • Inside SoftBank’s push to rule the road (Reuters)
  • Uber IPO filing reveals Softbank as largest shareholder (Nikkei)

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

  • P&G Puts Ad Platforms Like Facebook, Google on Notice (Bloomberg)
  • Google Cloud makes some strong moves to differentiate itself from AWS and Microsoft (TC)
  • Inside Google Cloud Next, the conference for the search giant’s next big business (qz)
  • The golden age of YouTube is over; The platform was built on the backs of independent creators, but now YouTube is abandoning them for more traditional content (Verge)
  • Google sees rays of Sun in new cloud dreams; Tech group takes page out of Java creator as it takes on Amazon and Microsoft (FT)
  • Famously unprofitable Amazon has nothing on Uber (qz)
  • Jeff Bezos upended the smart-home industry by not listening to customers (qz)
  • Amazon’s empire rests on its low-key approach to AI; Unflashy but high-powered machine learning powers everything from its fulfilment centres to the cloud (Economist)
  • Amazon Japan Raises Prime Membership Price for First Time in 11 Years (Bloomberg)

Asia Tech & Innovation Trends

  • Alibaba-backed used goods platform Idle Fish investing in content (Technode)
  • Trade war gives China’s chip equipment makers room to grow; Beijing plays down its ongoing semiconductor ambitions amid U.S. push back (Nikkei)
  • Tesla, Panasonic to seek productivity gains before new battery investments (Reuters)
  • Indonesia’s Stock Exchange says Traveloka is most likely candidate for an IPO (KRA)
  • Tech giant Zoho’s launch in Australia hit by red tape delays (Age)

Global Tech & Innovation Trends

  • Why Slack’s IPO will have more in common with Spotify than Uber or Lyft (MW)
  • Uber unveils IPO with warning it may never make a profit (Reuters); Uber Is Huge, Sprawling and Still Entirely Unproven; Investors are going to have a tough time figuring out how to value the company. (Bloomberg)
  • Square Stock Rises as Cash App Downloads Keep Growing (Barron’s)
  • Revealed: the cash cost of WeWork’s global expansion (FT)
  • Disney CEO Iger gives three reasons why the company’s streaming service will be a success (CNBC)

Life

  • Podcast #498: Lessons in Persistence From Climber Tommy Caldwell (AOM)
  • From Broke To Billionaire: How Fred Luddy Built The World’s Most Innovative Company ServiceNow (Forbes)
  • Bezos on why failure is not failure (FT); Jeff Bezos wants Amazon to fail more (CNN)
  • Rupert Murdoch, the NFL, and the Negotiation That Remade TV (HBR)

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