Mary Meeker’s 2017 Internet Trends Report
All the slides, plus analysis – Here are some takeaways:
- Global smartphone growth is slowing.
- Voice is beginning to replace typing in online queries.
- In 10 years, Netflix went from 0 to over 30% of home entertainment revenue in the U.S.
- Global interactive gaming is becoming mainstream.
- China remains a fascinating market, with huge growth in mobile services and payments and services like on-demand bike sharing.
- While internet growth is slowing globally, that’s not the case in India, the fastest growing large economy.
Apple’s WWDC
Most people missed the most ‘revolutionary’ thing to come out of Apple’s big event – Apple ARKit will bring augmented reality capabilities to hundreds of millions of devices. (cnbc)
Apple’s first new major product since the Apple Watch: It’s called HomePod. It’s a speaker, yes, but it’s also a home assistant powered by Siri. (businessinsider)
Why Apple is struggling to become an artificial-intelligence powerhouse. (washingtonpost)
Apple Pay is suddenly a threat to PayPal’s Venmo. (venturebeat)
Media
Pinterest Raises $150 Million Valuing the Business at $11B – Pinterest is choosing to delay a potential IPO as its business model matures. (Bloomberg)
Retail/Consumer Trends
Amazon is going after Walmart with a 45% discount on Prime for lower-income shoppers. (recode)
Amazon’s rumored ‘Ice’ phone will embrace Google’s apps – Amazon reportedly wants to move on from its failed Fire Phone with a new project nicknamed “Ice.” (cnet)
Robotics/Automation/Al
Lyft is working with a third self-driving tech company – NuTonomy, based out of Boston and Singapore, will be plugging some of its self-driving cars into the Lyft network. (recode)
Google Is Already Late to China’s AI Revolution – Though many in the West paint the deep learning revolution as a phenomenon driven by the big US internet companies, China is hardly far behind. (wired)
Out There/Miscellaneous
Over $93B has been secured from backers led by Japan’s Softbank and Saudi Arabia’s Public Investment Fund for the largest-ever technology investment fund – SoftBank and Saudi Arabia formally announced the first round of capital commitments last month, giving Softbank’s founder, Masayoshi Son, the firepower to accelerate investments in cutting-edge technologies and startups. (Bloomberg)
AMD shares are surging with bitcoin because digital currency ‘miners’ need its graphics cards. (cnbc)
Machine learning is transforming investment strategies – The asset management industry is vulnerable to disruption by AI, but advisors should embrace the trend, not fear “robotic replacement.” (cnbc)
“America is a country of innovators. It’s your job as a stock trader to find new innovative companies, charts in each cycle” – William O’Neil
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