Tencent annual staff meeting + more

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Notes From Tencent Annual Staff Meeting – China Channel – some interesting insights on how they are looking at the online world

Key takeouts from the Tencent Annual Staff Meeting:

  • They made a big issue of treating customers honestly, which made me think that might not be in the culture up to now. There was also a call to focus on users rather than competitors
  • More on user focus – WeChat is a tool, not a platform. Only tools are the most friendly and meaningful to users. WeChat has been trying to do one thing, to treat every user as a friend
  • They wanted mini games become a platform for ordinary people to show their creativity. If this goal is not achieved, then they were happy if the mini games on the platform died
  • A recognition of the cognitive dissonance on social platforms where people show their best lives on Douyin and the unhealthy nature of it
  • Tencent launched the most stringent youth anti-addiction system in history. This is a long-term initiative that is very beneficial to the entire industry and a responsibility we must assume as an industry leader

2018 Year in Review – Pornhub Insights – I wish that I’d this quality of data when I was cranking out press releases for Yahoo! Search. The review is as much about cultural change as it is about trends in smut. More on adult entertainment industry related content here.

The Last Independent Mobile OS – Motherboard – interesting write-up on Sailfish and yet more reasons why you shouldn’t trust Google at all

Pioneer’s woes echo those of earlier Japanese audio legends – Nikkei Asian Review – for someone like myself this is heartbreaking

1967 Mustang meets Tesla: Aviar Motors all-electric muscle car – Electrek – this fits in with Aston Martin’s announcement last week about retro fitting vintage cars with electric automation

Interesting video that’s as much an illustration of collective delusion that drives VC thinking in a very wasteful manner and where they are likely to be putting their focus moving forwards

Nobel economist Paul Romer