This is how Dutch police know you’re buying drugs online – interesting how transactions that don’t go through escrow can be compromised and how the police seem to be getting good intelligence on where the servers are located. This could be conventional police work, bad server set up or a compromise in the infrastruce of the dark web
INTERNET: Baidu Sambas Out of Brazil | Young’s China Business – There are lots of reasons for the inability of China’s Internet companies to succeed outside their home market. One is simply inexperience. But another is really the direct result of Beijing’s determination to set up what almost amounts to a parallel Internet in China that in some ways is identical to the global Internet but in others is very different. That strategy has helped to keep out most of the major global competitors in any meaningful way, allowing Chinese companies to thrive on their home turf thanks to their booming local economy. But that approach has also made these companies quite unprepared to compete globally, since they engage in many practices that are either unacceptable outside or simply undermine trust of local people. – China’s Galapagos syndrome: WeChat has NO end-to-end encryption, is censored worldwide for instance. Will only succeed in low risk categories – photo altering apps or casual games
Why Hong Kong’s property bubble won’t burst anytime soon | HKEJ Insights – Hong Kong’s property market no longer serves only the city’s seven million people. We now must also serve a country of 1.3 billion with a growing number of rich people anxious to get their wealth out. Hong Kong’s red-hot property sector is a perfect place for rich mainlanders and international investors to park their money. Their hot money, combined with the local psyche that prices will continue to climb means the bubble will never burst. – You could substitute most of the world’s major cities as hot money from fast developing economy entrepreneurs and rent seek oligarchs park their hot money in property safe havens. Hong Kong isn’t going to see a tailing off of house prices until China deals with corruption.
Android has created more choice, not less | Google Blog – yeah right. Basically we can’t get paid in data so pay us a licence fee. I wonder how much Google will have to pay to keep Google Search in the device if they do that. It could also create an opportunity for Oxygen, Yandex app store, Jolla and home grown distributions by the likes of Huawei instead
Mark Penn on his update to MicroTrends
Media – Twitter’s guide to getting the most out of the platform
Looking Through the Eyes of China’s Surveillance State – The New York Times – I tried the glasses out on a group standing about 20 feet away. For a moment, the glasses got a lock on a man’s face. But then the group noticed me, and the man blocked his face with his hand. The minicomputer failed to register a match before he moved. Seconds later, the people scattered. Their reaction was somewhat surprising. Chinese people often report that they’re comfortable with government surveillance, and train stations are known to be closely watched
May braced for Unilever decision on headquarters | FT – Unilever: ‘stichting’ up a move to the Netherlands, which would make sense. 100VE is a leased building, its overcrowded and a number of the people there were contractors like me. The team that I worked in had already upped sticks to the Netherlands with the roles moving but not many of the people were redeployed, let go or didn’t have their contracts renewed
Millennial insecurity is reshaping the UK economy – interesting impact – not moving out of region to take a job like I did when I had a degree affecting productivity and entrepreneurship. One could see how Brexit will exasperate things further. It doesn’t imply that there will be a corresponding youthquake to overturn it at a later date
The Case Against Google – The New York Times – the problem with Found’em and the way the story was started is that it came off a bit cray cray a decade ago when it first popped up. They weren’t cut from the same cloth as Silicon Valley wunderkinder. That and they looked like Microsoft finger puppets. You had the SCO vs. Novell court case over the future of Linux at the time and there was evidence of Microsoft’s finger prints all over it (via Wikipedia): “On March 4, 2004, a leaked SCO internal e-mail detailed how Microsoft had raised up to $106 million via the BayStar referral and other means. Blake Stowell of SCO confirmed the memo was real. BayStar claimed the deal was suggested by Microsoft, but that no money for it came directly from them. In addition to the Baystar involvement, Microsoft paid SCO $6M (USD) in May 2003 for a license to “Unix and Unix-related patents”, despite the lack of Unix-related patents owned by SCO. This deal was widely seen in the press as a boost to SCO’s finances which would help SCO with its lawsuit against IBM” – And at the time if it had the taint of Microsoft involvement that overwrote any Google wrong. People seem to have forgotten the Judge Jackson trial and what an evil sack of shite Microsoft was shown to be. It would have been really hard sell to the media
I love Connie Chan’s blog posts and presentations. In this talk she covers how Asian applications manage to squeeze so much more features into their apps than their western equivalent to provide a fuller eco-system of services that she terms super-apps.
For These Young Entrepreneurs, Silicon Valley Is, Like, Lame – WSJ – for most of the 18 entrepreneurs and investors, and especially for those in their 20s and 30s, last week’s visit largely failed to impress. To many in the group, northern California’s low-rise buildings looked shabbier than the glitzy skyscrapers in Beijing and Shenzhen. They can’t believe Americans still use credit cards and cash while they use mobile payment for almost everything back home – not terribly surprised. Silicon Valley is no longer the place ‘where wizards stay up late’. Agencies work harder than their Bay Area tech clients and it is full of hubris
Luxury is thriving in China again, thanks to millennials — Quartz – Chinese millennials start buying luxury younger, and they buy high-end products more frequently, the firm says. (It undoubtedly helps that they have more spending power than previous generations did at their age.) What they’re buying is also different. Bain surveyed about 500 Chinese millennials and found their interests leaned toward casual and street-inspired fashion – Supreme rather than Prada, put into context here
Huawei – Really Convincing Story, Not. | Radio Free Mobile – this means that this feature (RCS – Rich Communication Services), like its AI assistant, AI chip and its now commoditised imaging offering will be unable to generate any differentiation for Huawei in its devices. This leaves it exactly the same boat as all of the other Android handset makers who differentiate purely on the basis of hardware