Toys for workers. Microsoft has given its Surface line-up a badly needed refresh and is having a go at Bose and Sony with the launch of Surface Headphones. Of the much-anticipated phone sized Windows 10 folding device (Andromeda), there was no sign but the indications are that Microsoft has not killed this project. The new launches were: First, Surface Pro 6:...
A quiet integration should be going on in the background. In light of recent issues, Tencent has announced a re-organisation that I think offers a golden opportunity to fix a number of the issues that have been hampering its long-term potential. Tencent’s “strategic upgrade” includes the formation of two new business units and the merging of others to create business...
Another move-fast service that broke. Facebook has disclosed that it has been hacked with the loss of data from about 50m of its users which will only serve to further undermine faith in Facebook, belief in its commitment to security and privacy as well as its AI. Facebook has discovered a flaw in one of its functions called “view as”...
Toyota could trigger an industry cave-in to Google. It looks like Toyota (see here) is about to allow Android Auto access to the infotainment units in its vehicles in a sign that Google is slowly winning a grip on the auto industry and that its own SDL initiative is failing. Android Auto is a piece of software that resides in...
Sony gives in not a moment too soon. Sony has backtracked on its decision not to allow cross-platform play in Fortnite in a move that hopefully signals a change in attitude that may help it to keep its dominant position in console gaming There is no question that Sony has utterly dominated the current generation of gaming consoles. It did...
Founder exits are good news. The founders of Instagram are following the founder of WhatsApp in exiting Facebook which, in my opinion, is some of the best news Facebook has had in this torrid year. Kevin Systrom and Mike Krieger are leaving Facebook as a result of increasing pressure from Facebook to become more tightly integrated with the mothership. This...
Paying cash would open Pandora’s box. Sirius XM has agreed to buy Pandora in a move the ensures Pandora’s long-term survival as well as gives Sirius XM an insurance policy should its existing business fail to survive the automotive transition to digital. Sirius XM will pay $3.5bn in shares to acquire Pandora whose existing shareholders will own 8.6% of the...
Some new clothes but the same old Alexa underneath. Amazon has launched a seemingly endless array of new Alexa-enabled devices and updates which are clearly aimed at keeping the ever threatening Google Assistant at bay. Amazon launched no less than 12 new pieces of hardware, some which updated older versions, making them look more like Google’s Home products as well...
Google throws down the gauntlet to HERE and TomTom. The arrival of Android Automotive into the vehicle in the volume segment (Renault-Nissan-Mitsubishi) is a watershed moment for the automotive mapping industry as I think that it must now prove why Google Maps is not good enough for vehicle-based navigation. Today, there are really only two viable contenders to supply...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Tencent Music – Money matters.
TME is different. It makes money. Tencent Music Entertainment is no Spotify or Apple Music but it has many more users than both of these put together and critically, it makes money. Tencent Music has filed for an IPO on the NYSE at a mooted valuation of $30bn which works out at about 11.5x 2018 sales and 57.0x 2018 2018....