Luxury Brands Win Right to Block Sale of Goods on Amazon in Europe – WSJ – “The quality of luxury goods is not simply the result of their material characteristics, but also of the allure and prestigious image which bestows on them an aura of luxury,” the ECJ said. “That aura is an essential aspect of those goods in that it thus enables consumers to distinguish them from other similar goods.”
Ad Holding Companies to Rapidly Increase Spending With Amazon – WSJ – likely to hurt Google’s product search business hardest rather than Facebook brand advertising
2017 was the year digital ad spending finally beat TV – Recode – its about growth of digital rather than death of TV
China hopes cold war nuclear energy tech will power warships, drones | South China Morning Post – I’d much prefer a Thorium powered DeLorean to a lithium powered Tesla
Don’t Buy Anyone an Echo | Gizmodo – interesting to see this from a gadget blog
Facebook Is Shutting Down Its API That Marketers Lean on for Research – Adweek – big for proprietary agency tools, social media tools and ad platforms
Spicing up Hong Kong’s Café scene | Marketing Interactive – great write-up of Café de Coral
China’s central bank believes bitcoin will die | Quartz – I am more on the bearish side along with the Bank of China. A key function of bitcoin for China was aiding capital flight out of the country
Unilever moves global comms planning to Mindshare from PHD | Media | Campaign Asia – huge win for Mindshare and a move away at the global level between planning guidance and media buying. It would be analogous to investment managers to go back to taking advice from sell-side analysts. I guess part of the problem is trying to get global guidance to be implemented at a country level
Flotogram v1.1 Preview on Vimeo – interesting app that blurs the boundaries between AR and photography
Google’s AI Built its own AI That Outperforms Any Made by Humans – one thing humans jump to is the implications of a more general purpose rather than narrow focus machine learning tool
China’s Tariff Cuts Won’t Hurt Daigou Business For Now | Jing Daily – China plans to reduce tariffs on 187 consumer goods, including cosmetics, apparel, health supplements, food, and pharmaceuticals. The new policy will go into effect on December 1. The average tax rate will drop to 7.7 percent from 17.3 percent.
China’s Toutiao Tried to Buy Reddit — The Information – One reason was general skittishness among Reddit’s investors about selling to a Chinese internet company whose user and revenue numbers were tough to assess – and there is the burn
Chinese Smartphone Maker Xiaomi Eyes 2018 Stock Market Listing — The Information – interesting move given Xiaomi’s challenges with other Chinese smartphone companies
Futuristic Warfare Arena Ghost in the Shell: Arise Stealth Hounds – VR ZONE SHINJUKU – I’d love to have a go at this
Are we witnessing the end of the jumbo jet? | Quartz – interesting mix of game theory and economics involved
Apple: Chinese Buying Huawei et. al. but Sticking with iPhone, Says Morgan Stanley – Barron’s – The Jigaung data also highlights that in the 4 weeks ending October 22nd, more “switchers” left their Chinese branded smartphone for an iPhone than iPhone users left for a Chinese branded smartphone, across all local vendors. In fact, Apple’s net switching rate, or the net amount of switchers gained/lost as a percentage of all brand switchers increased to 7.6% in the latest 4 week period, up from 6.7% in the prior 4 week period ending October 8th. Comparatively, Vivo was the only Chinese smartphone vendor to gain “net switchers”, albeit at a significantly lower rate. We expect this trend to only accelerate as future data sets will include the period after the iPhone X first began shipping.
Amazon (AMZN) is so good at keeping prices low, it’s changed how economists think about inflation — Quartz
I have been catching up on Halt and Catch Fire. It is a fiction based on various aspects of Silicon Valley lore. I have enjoyed watching it immensely to a point.
I was especially struck by episode eight in the third series. One of the main characters in series three hacks his employer and releases their anti-virus software online for free. But its the mid-1980s through a thoroughly modern lens. It resonates because it speaks to our age, not to the 1980s or even the mid-1990s.
YOU ARE NOT SAFE
I, Ryan Ray, released the MacMillan Utility source code. I acted alone. No one helped me, and no one told me to do it. I did this because ‘security’ is a myth. Contrary to what you might have heard, my friends, you are not safe. Contrary to what you might have heard, my friends, you are not safe. Safety is a story. It’s something we search our children so they can sleep at night, but we know it’s not real.
Yes, there was software piracy, it was a mainstream part of computing culture which had sprung up from the ‘homebrew’ mentality. Prior to founding Apple, Steve Wozniak used to give out the schematics of what then became the Apple I. Punched paper tapes of software used to be exchanged between members when they met up in aMenlo Park garage and later on in an auditorium at Stanford University.
Back then the narrative was overwhelmingly positive in terms of technology. The main problem was whether the Japanese, Microsoft, Intel or IBM was going to crush the rest of the technology eco-system in Silicon Valley. Consumers had a bright new world of technology ahead of them. Video games were still a niche interest compared to VCRs (video cassette recorders). VHS versus Betamax was as important a format war as Windows versus Macintosh.
Here’s the thing. This show (rightly or wrongly) may frame the way a lot of people think about this part of the digital age. For those who aren’t well read about the history of Silicon Valley OR didn’t live through the 1980s – it will colour their view of history. That detail rankled me a bit; I’m not quite sure why. Part of it is knowing where we’re going is understanding where we have been in past.
That’s all very nice, but why does this matter? It provides you with perspective and the ability to critique ideas.
The State of European Tech 2017 – interesting primer on tech in Europe, obviously read it in a critical manner
Amazon Alexa for Business Platform planned | CNBC – big implications for verticals like healthcare
$20 Jeans, $800 Tees: In Fashion, Prices Are Out of Control — The Fashion Law – interesting that so much marketing is price based from ‘fashion’ high street brands
Sonos Agency Review Aims To Expand Global PR Roster | Holmes Report – they need to get this in place in advance of the Alexa powered onslaught and HomePod
Inside Speedfactory: Adidas’ Robot-Powered, Shoe Production Facility | WIRED – interesting explorations in automation and customisation
Amazon (AMZN) just released an AI-powered camera. But it’s not for you — Quartz – interesting implication about pushing data processing towards the edge and away from the cloud
Twitter reportedly testing ‘Save for Later’ feature | The Drum – social bookmarking moves beyond niche usage?
German Economy Seeks a Tech Upgrade – WSJ – or is prudent compared to the headlong dash made in other countries? (Paywall)
Apple MacOS High Sierra Security Flaw Lets Anyone Get Root Access, No Password Required | WIRED – holy cow Batman! There is a security update
E-commerce – Look East. | Radio Free Mobile – China far ahead of the US on m-commerce
SoftBank Is Said to Offer to Buy Uber Shares at a Steep Discount | NY Times – not terribly surprising (paywall)
3 Must Know Trends of Affluent Millennials In Shanghai | Jing Daily – The post-90s generation is also eager to engage in experience-based shopping, and many are adventurous FIT travelers. According to the report, 56 percent of their travel expenditure is on overseas trips, and their overseas spending has increased more than 40 percent in the past two years – at the expense of e-commerce
Opinion: How Chinese innovation is going global | Techinasia – China becoming more global a la the way Silicon Valley’s hardware companies have
Facebook explains ad policies to users, but industry wants more | Advertising | Campaign Asia – the post is focused on empowering users to take action, leaving them with the onus. The post, she continues, acknowledges that Facebook does not have the ability to police and manage the content that is produced and shared in its different environments, and requires a concerted effort from end users to brands to their agencies and beyond. “Does that address the demands asked of Facebook to take greater responsibility for the content on their platform? Unlikely,” she said.
China, US, Korea to lead global FMCG e-commerce growth – Kantar