Search results for: “Baidu”

  • Walmart

    Today some of the most successful companies out there are ones that have a key technology platform and Walmart looks like it will be joining them:

    • Retail: Amazon, eBay, Alibaba
    • Office productivity: Google, Microsoft, Zoho
    • Telecommunications: Microsoft (Live Meeting and Skype), Cisco (WebEx)
    • Consumer services: Baidu, Google, Netease
    • Entertainment: Netflix, Amazon, Apple, PPLive

    I think we’ll soon see Walmart added to this list. At the present time the average consumer view of Walmart is likely to be that of a large, malevolent, low-class retailer in the US; the weird Yanks that bought ASDA in the UK and a trusted supermarket in China.

    What these perceptions don’t tell you is that Walmart has innovation in its corporate DNA. In 1987, they set up a satellite network connecting stores with headquarters over voice and data. When I was in college Walmart was associated with the ‘beer and diapers’ urban legend precisely because the company had a reputation for pioneering and pushing supply chain management and data-mining to the edge in order to maximise returns from its stores.

    Walmart like Amazon already has a large logistics footprint; some of the moves it has been making over the past 18 months make me think that the company is going for a big platform play – building a big box retailer online. Bear with me, while I run you through a few selected highlights:

    • Vudu – purchased in February 2010 by Walmart. The company provides stream on demand content that home audiences can pay for. The technology can be integrated into a variety of consumer electronics. It’s a digital content supermarket by another name
    • Kosmix – move forward to April 2011 and Walmart buys a social media platform that organises content by topic. Lots of smarts for social commerce, product reviews, marketing insights, customer services
    • Yihaodian – Walmart buys a minority stake in an e-commerce company with logistics in the high growth coastal areas of China. Due to the nature of the Chinese marketplace, that minority stake is the same level of commitment as acquiring a US business outright. The sale of physical goods in China maybe more attractive than the digital media market because the media industry is disrupted and alternative monetisation models are already well in place
    • Walmart is also starting recruit rock-star web tech talent with a particular focus on improving the mobile experience of their online properties

    More retail sector related content can be found here.

  • Big content + more news

    Big content

    “Big Content” Is Strangling American Innovation – Harvard Business Review – ‘Big content’ is an interesting turn of phrase. It has a lot of negative connatations like ‘big tobacco’, ‘big food’ or ‘big pharma’. While ‘big content’ doesn’t kill people with its actions, it does capture the malignancy on society and on the economy. But big content is also soft power. The article points out how badly big content is in adjusting with technological, societal, social and economic change. Part of the problem seems to have been the ability of big content to use lobbying as a crutch. Secondly, big content does a lot of work oppressing its creators ability to earn and looking after the needs of authoritarian regimes like China – Innovation has emerged as a key means by which the US can pull itself out of this lackluster economy. In the State of the Union, President Obama referred to China and India as new threats to America’s position as the world’s leading innovator. But the threats are not just external. One of the greatest threats to the US’s ability to innovate lies within: specifically, with the music and movie business. These Big Content businesses are attempting to protect themselves from change so aggressively that they risk damaging America’s position as a world leader in innovation. Many in the high technology industry have known this for a long time. Despite making their living relying on it, the Big Content players do not understand technology, and never have. Rather than see it as an opportunity to reach new audiences, technology has always been a threat to them. Example after example abounds of this attitude; whether it was the VCR which was “to the American film producer and the American public as the Boston strangler is to the woman home alone” as famed movie industry lobbyist Jack Valenti put it at a congressional hearing, or MP3 technology, which they tried to sue out of existence. In fact, it’s possible to go back as far as the gramophone and see the content industries rail against new technology. The reason why? Every shift in technology is difficult for them. Just as they work out how to make money using one technology, it changes.

    Consumer behaviour

    Television Ownership Drops in U.S., Nielsen Reports – NYTimes.com

    Why the Rich Envy the Super-Rich – WSJ – interesting keeping up with the Jones’es phenomena going on

    Gallup: Chinese People See Themselves Struggling – WSJ – I think that the points made about Gallup’s sample size and methodology are interesting

    Schumpeter: The status seekers | The Economist – status moving from goods to virtue-related experiences in developed world

    Culture

    Night Flight (TV series) – Wikipedia, the free encyclopedia – I found Night Flight eerily prescient of a YouTube play list

    Finance

    Domestic disaster, overseas losses put pressure on Nomura’s profits | The Japan Times Online

    Innovation

    New Iron-based Cathode Material Extends Life of Li-ion Batteries — Tech-On!

    Asahi Glass to Roll ‘World’s Thinnest’ Glass Substrate for Touch Sensors — Tech-On!

    Japan

    Convenience store Lawson creates portable convenience store to reach earthquake stricken customers – the convenience store in Japan plays as big a part in people’s retail lives as Tesco or Sainsburys does in the UK. Retailer Lawson has managed to cram a convenience store in a small van to reach quake-stricken areas.

    Groklaw – Prior Art, Anyone? Anyone? Barnes & Noble? Google? Motorola? – Updated – Microsoft and Paul Allen patents in trouble?

    Media

    The BBC Is Struggling to Tighten Its Belt – NYTimes.com

    Online

    Google’s China market share: declining | FT.com – its not just Baidu who is gaining

    Retailing

    Discounters boom in UK: News from Warc.com – makes sense as a way of ducking inflation

    Analysis: Why Did Walmart Buy A Social Media Firm? – I spoke to Arun as he was writing this piece whilst grabbing a hot dog with my old friend David Ingle. I see this as Walmart reclaiming their heritage in innovation: in supply chain management – they drove the move to ‘Made in China’, new retail formats – the big box store that nuked independent retailers and data-mining personified in the ‘beer and nappies’ urban myth

    Security

    Sony suffers another major security breach | BGR

    Wireless

    FT.com / Technology – Instant messaging forecast to hit texting – not terribly surprising however Disco may change this

  • Desert Island Discs

    A while ago my friend Ian Wood did a kind of desert island discs meme asking friends on Facebook what six tracks were the soundtracks to their lives. Here were mine. What would be in your Desert Island Discs?

    Jim Reeves – Senor Santa Claus – My Dad was a Jim Reeves fan and Christmas as a small child meant the smell of hot electrics from his DIY Christmas lights triggered by a contact rotated by an electric motor connecting with a circle of brass contacts and lots of hard-wired Christmas lights. No solid-state components or micro-chips involved. All the parts came from an electrical parts salvage shop in Birkenhead which featured dismembered military kit and early computers. Burning carbon bushes and motor grease is as much the smell of Christmas to me as the spices of Christmas pudding. This was accompanied by selections from my Dad’s reel-to-reel tapes of Jim Reeves.

    Johnny Cash – Walk the line – Another track from my Dad’s tape collection, I used to like the back beat on this Johnny Cash track. Live at San Quentin is the best live album issued ever. Better than Woodstock, better than Bruce Springsteen Live/75-85.

    Tyrone Brunson – The Smurf – Whilst I’d liked the disco I’d heard and found Kraftwerk’s The Model intriguing because of its alien feel, secondary school was when music started to get important and electronic music was where it was at. I was left a bit cold by the whole new romantic vibe. Instead I was impressed by electro and the little hi-energy I heard. If one track exemplified this then it was Tyrone Brunson’s The Smurf, this fired my interest in DJing.

    James Brown – Funky Drummer (part 1) – The Art of Noise and Paul Hardcastle drew my attention to sampling but the diversity of tracks that the funky drummer break appeared on hammered it home. I remember hearing it in my fourth or fifth year of secondary school on the In The Jungle Groove compilation and it blew me away.

    Phuture – Acid Tracks – I could have put hundreds of house tracks up here but I kept it down to two. Acid Tracks is timeless, hard-as-nails, alien funk that hasn’t been bettered. It reminds me of running around the country trying to get vinyl records: Liverpool, Warrington, Blackpool, Doncaster and occasionally London. The bad aspect to this was that many of the records were bootlegs and in the case of Trax Records even their own pressings were often crap, recycling older vinyl and repressing over the top! You would also rifle through rock record resellers and mail order catalogues to see if you could find a gem that they didn’t know the value of (though they eventually got hip to it). It is hard to get that sense of achievement now when any track can be Googled or Baidu’d.

    Massive Attack – Unfinished Sympathy – this went in for a couple of reasons. Massive Attack were known as Massive because of Gulf War I hammering radio play and the band’s name resonating with a BBC newscaster’s description of ‘the attack was swift and massive’ (this also played hell with Bomb the Bass’ second album release). The lush sound of the album track was part of the audio background for my first proper job as a lab assistant for a plastics company that no longer exists. I worked on resin formulations for a wide range of products: bullet-proof glass, Bentley head lamp surrounds and bonding materials for the body panels of TVR sportscars. I had a Pro-Walkman and a set of Sennheiser HD414s that I used to listen to music to on the way into work in a Ford Transit crew bus.

    I have a lasting memory of this video being on a laser disc player in the pub where I went for a lunch to celebrate my last day at the job, as I had secured a new one closer to home

    Secondly the remix 12″ of this track with the Nellee Hooper club mix is a classic that remained in my record box; Oakenfold got covered in glory for his mix, but the Hooper mix is the one to have, I’d bring it right up on the Technics pitch control to drop in house sets.

    Joe Smooth – Promised Land – If any one track represented house music it would have to be Joe Smooth’s Promised Land with Anthony Thomas on vocals. Smooth is an unsung hero of house music, first a DJ peer of the likes of Frankie Knuckles and Ron Hardy, then a producer working with many people on the DJ International roster. My abiding memory from this track is watching a couple of the most macho football casuals hugging each other on the dance floor of a wine bar I was DJing at when I dropped this track. On the video the guy with the flat top and mullet combo is Anthony Thomas, the nerdy looking guy is Joe Smooth.

    Manuel Göttsching – E2-E4 – I’d love to pretend that I was sufficiently with it to have heard of E2-E4 when I was 13, but I didn’t I heard it. When it started to get sampled by other people; notably Sueno Latino. I hunted down and was blown away by the album (its a 59-minute piece of music but the video clip gives you the gist of it and probably the longest Desert Island Discs recording). It beat out Klein & MBO as my last track since it sounds fresher, but is a good reflection of the past and present electronica that I listen to. Göttsching apparently came up with the music as he wanted something to listen to on a flight.

    More related content can be found here.

  • Ron Conway + more news

    Ron Conway

    Ron Conway’s Confidential Investment “Megatrend” — “O2O Commerce” – for those of you who don’t know Ron Conway is a Silicon Valley angel investor who is hyper-connected and said to have the golden touch. Online to offline (O2O) commerce has been big in Asia where QRcodes provided the connective tissue between apps and the real world. QRcodes have struggled with adoption in the west, yet have been embraced in countries where mobile payments and smartphones co-exist for useful services. Ron Conway has been a feature of Silicon Valley since the early 1970s when he worked at National Semiconductor. He became a Silicon Valley legend by investing early on in companies such as Marimba, Google and Reddit. Marimba was a woman led start up that developed and marketed software change and configuration management solutions, which was huge at the time for corporates looking to have all of their computers running the most secure version of a software application or update network configurations. Ron Conway was one of the prime movers behind Angelgate; which discussed how to depress the values of investable startups in the face of competition from other investors. Due to his standing in Silicon Valley during the mid-1990s through to the 2010s, if Ron Conway offered a deal there would be strong expectations that you take it. Looking from afar, this felt more like The Sopranos than Sandhill Road.

    Beauty

    Plastic Surgery Among Ethnic Groups Mirrors Beauty Ideals – NYTimes.com – interesting divergence in consumer desires in the US

    Consumer behaviour

    It’s Not the Online Coupons. It’s the Psychology. – NYTimes.com – some people call it psychology, I’d call it targeting

    Economics

    Tyler Cowen’s Great Stagnation: The middle class is doomed. – Slate Magazine – and that’s just the case in the US

    Beijing Goes on the Hunt for Hidden China Bank Lending – WSJ – economists trying to get a better understanding of lending in the economy

    Finance

    UnionPay: China’s Unloved Monopoly – WSJ – saying that, I can’t remember people loving Electron, Switch or Maestro either

    Investors Ask, Where’s Home for Standard Chartered? – WSJ – this is more about a legacy of the empire’s trading history rather than business in many cases, though a presence in the UK is important

    Hong Kong

    Hong Kong-Listed Luxury Brands Faring Best In Mainland China: More To Come? « Jing Daily – mid-market to high-end focus and attention to Chinese consumer needs

    Innovation

    Need a really stable portable clock? Think atomic – this is insanely clever, a chip-sized atomic clock

    Japan

    Yamagirl.net – a community site for the latest Japanese style trend: yamagaaru – mountain-loving girls. Basically fashion influenced by technical clothing. There have been lots of Japanese technical wear brands like White Mountaineering and Burtons collaboration with Hiroshi Fujiwara iDiom so it was no surprise that it extended into women’s style

    FT.com | Inside Business – Stigma of failure holds back Japan start-ups – (paywall) interesting article, completely at odds to what I would have thought given the stories about the founding of Honda and Sony – huge risk taking classic start-up archetypes a la Hewlett-Packard or Apple

    U.S. Cites a Top Chinese Web Site in the Sale of Fake Goods – NYTimes.com – singling out Baidu is like singling out Google

    Luxury

    Revisiting The Prospects For “No Logo” Luxury In China « Jing Daily – it will be interesting to see how long this takes to play out

    Ye Qizheng: Brand Acquisitions A Mixed Bag For Chinese Companies « Jing Daily – really insightful stuff here, expect Chinese companies to own a lot of troubled luxury brands

    Paco Rabanne dresses for Bric success | FT.com – interesting how the Puig Group seems to be focusing more on India than China

    Report: China to be Top Luxury Buyer by 2020 – WSJ – already overtaken Japan, only needs to overhaul the US. How much of the gap is due to Chinese buyers purchasing abroad to avoid sales tax and as part of general tourism?

    Software

    Elop is after me | Code diary – interesting how much of the Qt developer community want to fork the environment and move away from Nokia. This could adversely affect the plans to sell 150 million Symbian phones over the next couple of years

    Technology

    IPad and Other Tablets Make Push Into Corporate World – NYTimes.com“Of course, I still have a PC,” Mr. Benioff said. “But I am using it less and less and I am using my iPad more.” He called 2011 “the year of the tablet” and added: “If you call me next year, I will say it is also the year of the tablet. And if you call me in 2013, I’ll tell you it’s going to be the year of the tablet.” Of course, I could be cynical (but probably right) and say this is because the productivity argument of enterprise software and PCs is tapped out

  • Power & more news

    Power

    Weekend Essay by Jonah Lehrer: How Power Affects Us – WSJ.com“… the paradox of power. The very traits that helped leaders accumulate control in the first place all but disappear once they rise to power. Instead of being polite, honest and outgoing, they become impulsive, reckless and rude. In some cases, these new habits can help a leader be more decisive and single-minded, or more likely to make choices that will be profitable regardless of their popularity. One recent study found that overconfident CEOs were more likely to pursue innovation and take their companies in new technological directions. Unchecked, however, these instincts can lead to a big fall.” – in this reading essay about power, I was reminded about Roman history and the role of Auriga. The Auriga was a slave who drove the two horse chariots and stood behind Ceasar holding his laurel crown above his head during triumphal parades called ‘Roman Triumphs’. The Roman Triumphs celebrated and sanctified Roman victories and were demonstrations of power. But the Auriga would be continually whispering in the leaders ear ‘momento more’ remember you are mortal. Where are the Aurigas for our leaders across the seats of power in the government, business and the media?

    Design

    SOPHISTICATION: Hirofumi Kiyonaga and Hiroshi Fujiwara | Hypebeast – I need to go and see this next time I am in Hong Kong

    Electronics Designers Struggle With Form, Function and Obsolescence – NYTimes.com – NYTimes.com – Interesting essay on design. Electronics products are not engineered based on function defining form and are not built to last according to design experts

    How to

    5 Ways To Download Torrents Anonymously | TorrentFreak – handy for seeding content. Just remember just because its anonymous doesn’t mean that it won’t be ‘suspicious’ activity under the Digital Economy Act

    vinyl recorder – cut your own vinyl discs

    Japan

    FT.com / Management – How Seiko dissidents called time – fascinating tale of how Seiko cleaned house in its senior management

    Online

    European Governments Unleash Online Gambling to Help Fill Coffers – NYTimes.com – pragmatism reigns in Europe

    Will Yahoo China Find A Search Suitor? – China Real Time Report – WSJ – Baidu makes much more sense

    danah boyd | apophenia » Social Steganography: Learning to Hide in Plain Sight – even more complex when you think about the work | client relationships that may be on social networks as well

    The Web’s New Gold Mine: Your Secrets – WSJ.com – I have said for a while, but I think society needs to work out what is acceptable practice online from both individuals and corporates. Stories like this whilst nothing new in terms of content make me feel that that reckoning is coming closer

    Shopping

    audioScope – amazing collection of hi-fi

    Technology

    Information technology in transition: The end of Wintel | The Economist – What a dramatic introduction: “THEY were the Macbeths of information technology (IT): a wicked couple who seized power and abused it in bloody and avaricious ways.”

    Telecoms

    Nokia Declines to Go All In on Chips – Bits Blog – NYTimes.com – interesting misunderstanding about Apple’s approach on silicon. I don’t disagree with Tirri’s point on the pendulum between specialist and general purpose silicon. Where I disagree is in terms of it all being about power, rather than space and power consumption. Apple optimises existing chip designs rather doing its own

    Wireless

    MediaTek and NTT Docomo in 4G alliance | FT.com – interesting following on from the Nokia | Renesas deal. Am sure Qualcomm and Intel won’t be happy