Focus topics:
- Year in review summary will be sent out this weekend. Let me know what you remember and if there is something special you’d like me to highlight. Otherwise here is Google’s year in search: Google
- ABB sells its power grid arm to Hitachi for USD 11 BN of which 100% of net proceeds will be distributed to its shareholders through buyback plans WSJ
Tech
- Template of how to build your first business plan Forbes
- UNICEF will try six blockchain technologies for humanitarian venture investments CCN
- Revolut gets bank license for Euopean businesses DiDigital
- What are the keys to building billion dollar businesses ? TechCrunch
- Goodbye Kansas acquires European Minds International game studio DiDigital
- Google’s venture arm GV leads USD 90 M investment in Bowery indoor farming venture VentureBeat
Media
- How Youtube could be Netflix biggest threat VentureBeat
- Is Verizons USD 4.5 Bn loss on Oath: the end of an era of telcos going towards media WSJ
- Alibaba takes control of its loss making movie production unit Alibaba Pictures TechCrunch
- Tencent priced their IPO at the lower spectrum of the offering valuing the company at USD 21 BN WSJ
- Apple to add new subscription service for magazines 9to5Mac
- Nordisk Film are increasing their stake in Star Stable by buying shares for SEK 100 M DiDigital
Transportation
- Investors in Lime and Bird start to question the burn rates VeckansAffärer
- Investors interest for electric scooter startup slows WSJ
- Volvo Trucks show off all electric truck to compete with Tesla Semi – the VNR to be commercialised in 2020 TechCrunch
- EQT enters the electric scooter game by investing in Dutch Dott’s USD 23 M round DiDigital
XR
- Blippar, an AR company that raised USD 130 M is now struggeling to sort their emergency financing package because one of its investors was a governmental company and the recent government change sees things differently TechCrunch
- IMAX pulls the plug on their VR endeavours TechCrunch
