Location-based apps are helping retailers track movement of its customers. CNBC's Uptin Saiidi explores how the future of retail is being shaped in China. CNBC International video above published on Mar 7, 2019.
Tracking takes place through apps for which users have enabled location services (e.g., weather, mapping, or ride-sharing apps). Seven apps have location tracking enabled on an average smartphone in China, according to Cosmose.
Cosmose, a retail tech start-up, connects anonymous movements of more than 1 billion smartphones in Asia to retailers like L’Oreal, Burberry and Budweiser.
Asia's coworking boom: 'We're still in the starting out phase'
CNBC Life video above published Aug 9, 2018: Turochas Fuad, WeWork managing director for Southeast Asia, talks about the coworking space start-up's expansion plans in the region.
WeWork is a U.S.-headquartered company that provides shared workspaces, technology startup subculture communities, and services for entrepreneurs, freelancers, startups, small businesses and large enterprises.
Jack Ma wasn't born rich but now he is the richest man in Asia. This Bloomberg profile tells the story of how Ma started as a poor kid in China's countryside, learned English, got rejected from a job at KFC but then went on to found Alibaba, the massive e-commerce site. Video by Vicky Feng, Lulu Chen --Bloomberg.com video published Jan 25, 2018.
Look at a modern map of the world’s most populous cities today and you will notice that they are quite evenly distributed around the globe. Metropolitan areas like Moscow, New York, Tokyo, Cairo, and Rio de Janeiro are spread apart with very different geographic and cultural settings, and 5 of the world's 7 continents today can claim at least one of the world’s 20 most populous cities.
In the future, things will be very different, according to projections from the Global Cities Institute (domain: globalcitiesinstitute.org). In fact, over the next 80 years or so, some cities will literally grow 10x or 20x in size – turning into giant megacities that have comparable populations to entire countries like modern-day Germany, France, or the United Kingdom.
The most interesting part? None of these megacities will be in the Americas, Europe, or China.
Top Four Megacities of the Future (based on the Global Cities Institute's projections):
Lagos, Nigeria - population by 2100: 88.3 million people
Dar Es Salaam, Tanzania - population by 2100: 73.7 million people
Mumbai, India - population by 2100: 67.2 million people
As noted above, eastern Africa will be home to many of the world’s biggest cities in the future, many seemingly popping up out of nowhere--Blantyre City, Lilongwe, and Lusaka, for example--and while most Westerners will not likely have even heard of these places, these centers in Malawi and Zambia will each hold over 35 million people. Perhaps the bulk of humanity is shifting and returning to its common ancestral home--according to many experts, everyone alive today can trace their biological roots to a small group of anatomically modern humans inhabiting the grasslands of eastern Africa some 100,000 years ago.
Trump Rally Day 2--Dow hits record high Nov 10, 2016--The Dow Jones Industrial Average (DJIA) surged more than 200 points, blasting to new record highs, marking Day 2 of the "Trump Bounce" as Wall Street fears related to Donald Trump’s stunning election win gave way to hopes that the President-elect's policies could boost the economy. --read more at USAtoday.com.
Stan Druckenmiller: "I'm optimistic about the future"--Billionaire investor Stanley Druckenmiller told CNBC.com on Thursday he's "quite, quite optimistic" about the U.S. economy following the election of Donald Trump. "I sold all my gold on the night of the election," the founder and former chairman of Duquesne Capital said in a "Squawk Box" interview. He said he's betting on growth by shorting bonds globally and he likes stocks that respond to growth. He also likes prospects for the U.S. dollar, especially against the euro stating "... hopeful as I've been in a long time ... I would not be surprised if we're not looking at the peak of the divisiveness."
Druckenmiller's new outlook is in stark contrast to what he said at the Sohn Investment Conference in New York, May, 2016. At that time he told attendees they should sell their stock holdings and that gold was his "largest currency allocation." Asian Markets Rebound as Trump Victory Sinks In:
Video above published Nov 10, 2016: Financial markets bounced back across Asia on Thursday as investors digested the news that Donald Trump will be the next President of the United States.
In Washington, a new domain name, greatagain.gov, marks the transition website of the President-elect: Help Wanted: 4,000 Presidential Appointees | President-elect Donald J. Trump: "More than 4,000 political appointees, many of whom hold important leadership and policymaking positions, will be heading out the door next year with the change in administrations."
Senate Majority Leader Mitch McConnell (R-KY) on the Election and Next Steps:
Video above published Nov 10, 2016: Senate Majority Leader Mitch McConnell spoke to the press the day after Donald Trump's electoral victory about what he expects to transpire in the coming weeks and months.
Lefsetz.com: "... He defeated Hillary fair and square. How did the intelligentsia get it so WRONG? First, the mainstream press thought people were listening to it. To these holier-than-thou talking heads who are paid millions to bloviate in a world where we get our news from the internet, not television… If you’re still watching TV for the answers, you ain’t got a clue ..."
Leading Digital Transformation to Scale – IDC Futurescapes 2016 (video above): "The "next chapter" of the 3rd Platform unfolds as we move from the foundation stage to mainstream adoption stage. With most organizations now utilizing third platform technologies to drive the digital transformation of their organization, the industry finds itself at an inflexion point – those organizations who can rapidly scale their digital transformation efforts by leveraging 3rd Platform technologies will be the thrivers in the digital economy." IDC expects 2016 to be the Year of Platforms – IDC Asia Pacific held its fourth Asia/Pacific Telecom Summit titled “Connecting the Next Billion Users: An Opening Industry” at Singapore, 19-20 November 2015, sharing insights on the telecom industry’s shifting focus from CAPEX-driven infrastructure toward OPEX dominated software and services.
IDC dubbed 2014 as the year of continued infrastructure build to bring services closer to customers. 2015 was all about moving to 'Open’ in recognition of the shift towards Open Source technologies, Open Innovation, Open APIs driving new segments like IoT (Internet of Things) and towards the end of proprietary interfaces and better interoperability. The shift to ‘Open’ happened and Software-Defined Networks, Data Centers and Open Source were listed as the most sought technologies in the enterprise for 2015/16. 2016 is the year of the platform”, says Dustin Kehoe , Head of Telecom Practice, IDC Asia Pacific, a platform-based approach between telecoms and other competitors in their ability to link through storage, network and compute into an infrastructure that is software-defined. Platforms will extend even down to the data center infrastructure layer. Platforms will be able to resolve unaddressed areas of the market such as the general lack of orchestration to move workloads between networks and clouds.
Within the context of a Year of the Platform for 2016, some of the key IDC predictions include:
By 2017, over 65% IT organizations will implement Hybrid IT Environments that leverages in-house and external 3rd party assets housed in off-site data centers.
By 2016, 15% of Enterprises will have implemented a Software-Defined SD-WAN vendor solution or Cloud-based Managed Solution. This figure will jump to 60% by 2019.
By 2018, more than 70% of enterprises will access public cloud IaaS and SaaS capabilities via aggregation hubs operated by network or interconnect providers
Other predictions addressed opportunities in emerging market, cutting edge NFV capabilities, enabling technologies for Digital Transformation, the Mobile Enterprise and Customer First; for carriers.
“Software defined infrastructure and cloud orchestration will be the focus in 2016 and beyond."
Sidley Austin LLP Chair, Carter Phillips, on the Legal Market and Asia Opportunities - Bloomberg interview recorded in Washington, D.C., February 19, 2015 (published April 27, 2015): “I don’t think any of us would say we’ve put 2008, 2009 behind us,” says Carter Phillips, the Chair of Sidley Austin’s Executive Committee. Phillips talks about his firm’s performance in 2014, areas for growth this year, and the opportunities he sees for his firm in Asia and China. From the transcript:
“… [we] were bond counsel for government of China for decades, we've been their litigation counsel … so our pitch is probably more aimed toward both the government of China and state-sponsored enterprises that operate obviously in China but do so much more in the United States and throughout the world … at this stage we don't have any aspirations to practice local Chinese law … can't envision how local law could remotely pay the kinds [of] rates that firms like ours typically charge ….”
Sidley Chair Carter Phillips on Social Media and Marketing: "The amount we spend on marketing has grown exponentially," says Carter Phillips, the Chair of Sidley Austin's Executive Committee, in this Bloomberg Big Law Business's video interview with him. Phillips also talks about the marketing efforts of his firm, and the importance of social media.
