Sunday, October 22, 2017

Thailand 4.0, what do you need to know ? — Thailand...

The Thai government is working hard to promote “Thailand 4.0,” a new economic model, aimed at pulling Thailand out of the middle-income trap, and...

The Rise of Co-Working Space in Asia : millennium and flexible...

Flexible co-working spaces are increasingly edging out the old guard of traditional serviced offices in Asia, according to several reports by commercial real-estate firm...

Jack Dorsey’s 18 hour workdays will be put to the test...

Jack Dorsey's been working crazy hours since taking on the dual CEO role of both Twitter and Square late last year.

Some reports say he's been working 15 to 18 hours a day, rotating between each office to keep tabs on the two public companies he helped found. Although Dorsey says it's manageable, skeptics question the viability of his unorthodox work schedule. On Wednesday, we'll get a better look at how it's working out as Square reports its first-ever earnings as a public company.

Square's had a rough three-month period since going public in November 2015. Its share price dropped below its $9 IPO price at one point, and although it's recovered to trade at $11.48 as of Tuesday afternoon, that's still lower than the first-day closing price of $13.07 a share. Analysts expect $343.2 million in revenue on a loss of $0.13 per share for the quarter. In the 3 months ended September 2015, Square reported $332.1 million in revenue, the company revealed in its IPO filing. Dorsey has said that he's been able to set up a system that allows him to manage both companies well.  "I have set up a structure that is working very well for me, so that I can spend meaningful time at both companies, and I have enough flexibility in the schedule," Dorsey said during Twitter's earnings call last month. But investors don't seem too happy about it.

Twitter shares dropped as much as 13% in after hours, following an earnings report that showed lackluster user growth. Although the stock has somewhat recovered since then, it's still down more than half from its price from a year ago.

The dual-CEOship hasn't caused any major problems that we know of. But as Business Insider's Alexei Oreskovic previously reported, there were some decision delays at Twitter during Square's IPO process, and it exposed some of the high-level disagreements among executives about strategy and direction.

Square reports its earnings after the bell on Wednesday.SEE ALSO: Snapchat's money machine looks a lot like Facebook in the early days Join the conversation about this story » NOW WATCH: We tried the 'Uber-killer' that offers flat fares and no surge pricing

The meteoric rise of iOS and Android in one chart (GOOGL,...

Last week, WhatsApp announced it would shut down support for some of the older smartphone operating platforms, including Blackberry 10, which was released just 3 years ago. "We want to focus our efforts on the mobile platforms the vast majority of people use," WhatsApp said in a blog post. WhatsApp's decision makes sense if you look at the changing landscape of smartphone operating systems. As this chart from Statista shows, the smartphone market is dominated by Google's Android and Apple's iOS, each accounting for 81.6% and 15.9%, respectively.

That's a complete reversal from 2009, when smartphones were just starting to emerge: almost 80% of smartphones sold at the time had operating systems offered by non-iOS and Android players, like Blackberry and Nokia.

Today, 99.5% of the smartphones run on operating systems offered by Google, Apple and Microsoft, according to WhatsApp.

SEE ALSO: The biggest challenge building a mobile app has nothing to do with how the app works Join the conversation about this story » NOW WATCH: Animated map reveals the 550,000 miles of cable hidden under the ocean that power the internet

The CEO of quiz app ‘Trivia Crack’ says his chat technology...

Quiz app "Trivia Crack" has 200 million users around the world, but the company has much bigger plans than that. Etermax CEO Maximo Cavazzani told Business Insider at Mobile World Congress in Barcelona that his company is developing chat technology for its games and also launching a service that lets people launch their own quizzes. "The chatting technology that we are developing took us more than two years," Cavazzani said. "Right now it’s as powerful as WhatsApp or Facebook Messenger. And that’s something that's very difficult to replicate." It's all well and good having a series of hit games like Rovio did with "Angry Birds," or King did with "Candy Crush." But the key is getting people to stay engaged with them and returning to the apps again and again. Cavazzani said that most "Trivia Crack" users open the app five times a day for an average of a few minutes each time.

They respond to quizzes, and then close the app.

That's likely due to the messaging function that's being added to the apps. "If you look at Tinder, which is basically a chat app, their chat is very bad," Cavazzani said. "That’s something that you could say ‘well, maybe that’s not the core business, and it’s not that important,’ but it is very important because if you have a user who is trying to communicate with another user and their experience is bad then they will go to another messenger." It's not just messaging that Etermax is focusing on. It's also launching "Trivia Crack X," a new game that lets users uploaded their own quizzes.

That's a rather different set of users than its casual quiz app, but Cavazzani is confident that people will see the benefit of using his new app to create their own content. "Our traditional userbase is almost everyone, everyone is either in school or at work or works for a non-profit." We decided to find out just how good Cavazzani is at quizzes, so we asked him some trivia questions of our own. Here's how he got on: Which singer joined Mel Gibson in the movie "Mad Max: Beyond the Thunderdome"? Cavazzani said he hadn't seen that movie.

The answer is Tina Turner. Which American state is the nearest to the Soviet Union? "Alaska" was Cavazzani's answer, which is correct! On TV, who did the character Lurch work for? Cavazzani had "no idea." Lurch worked for the Addams family. Which children’s classic book was written by Anna Sewell? Cavazzani is not much of a reader, so he didn't know this one.

The answer is "Black Beauty." How many arms does a squid have? Things got a little technical here. Cavazzani said that if you count tentacles as arms then it's eight. It's actually 10, but there are varying definitions of what exactly a tentacle is. Which reggae star died on May 11, 1981? Cavazzani said Bob Marley, which is the right answer.Join the conversation about this story » NOW WATCH: The Hoverbike is the future of personal flight, and it's getting close to reality

PHOTOS: Here’s all the progress Apple’s made on its spaceship campus...

If everything goes according to plan, Apple will complete its new $5 billion 'spaceship' campus this year. It's been a long time coming.

Steve Jobs once said that the new campus meant Apple had "a shot at building the best office building in the world." Fast forward to today, and the latest footage shows that most of the earthwork, started in 2014, has been completed. Now construction workers have started to install large panels of curved glass on what the company has described as the "greenest building on the planet."  When Apple's Campus 2 is finished, it will house more than 13,000 employees over 18 acres, and it will include a massive fitness center, as well as a state-of-the-art auditorium for Apple keynote presentations.  Here's a look at how far Apple's new campus has come, and what it will look like when it's all finished.  Here's the entire campus, in one shot.

This shot was taken by a drone piloted by Duncan Sinfield in February, 2016. Here's what the construction site looked like in May 2014, shortly after most existing buildings had been cleared out. All of the major landscaping work was completed in 2015. Now, Apple only needs to finish the building, which it will do by "late 2016," barring any additional setbacks.  See the rest of the story at Business Insider

Goldman Sachs nails why banks are so excited about the technology...

Banks are going gaga for blockchain technology, the protocol developed to underpin bitcoin. It uses complex cryptography and a wide network of records — known as a "distributed ledger" — to eliminate the need for a central bank or middle man to regulate transactions. Banks have been swarming around the technology, with 42 investment banks signing up to an industry-wide group looking at how to use it and Goldman Sachs declaring in a note that it has the potential to change "well, everything." The conversation around this complex technology is pretty baffling, even to many of those involved. Everyone I speak to has a different way of describing it and the possibilities of what it could be used for are myriad. But Goldman has explained why banks are so excited, in its podcast on "The Digitization of Finance." Don Duet, co-head of the Technology Division at Goldman Sachs, nails it by describing not how blockchain works, but what it can do. Here what Duet says, as per an emailed transcript: You can see who had it, who owned it, the fact that they actually committed to each other electronically and signed it with cryptology to ensure that it was authorized. You could see all those things, and importantly, again, by having that all being done in a set of digital transactions, it enables it to happen in a much shorter time frame, so it also reduces a lot of what today are the delays which create other types of risk in the settlement cycles, which need to be compensated for in other forms.

So one of the big benefits is pretty simple — transparency. At the moment, things like share registered are siloed in institutions so if you want to find out who owns what, you have to put a query to that institution.

There are other problems too. Duet says: In order to facilitate the growth of our industry, much of that has been formed around concepts of having multiple sources or, you know, multiple parties owning a definition of truth, so the Bank of New York will own a big part of the reconciling of the ledger of who owns what stocks in the US, and so would other institutions around the world. But you end up where... you have this situation where you have multiple versions of the truth, which means that everyone needs to reconcile with each other to ensure that they all have the right set of information — who actually owns that asset, when did it get transferred — and it also creates a certain degree of just temporal delay. It’s not possible to be done right away. With the blockchain, that information is kept across multiple servers — the distributed ledger — all updated simultaneously and all you need to do is check out the blockchain. Much easier.

So the blockchain can reduce admin errors, make things faster, reduces costs, and reduce settlement risk for things like payments and trading. It seems as close as a win-win as you're going to get. But Duet raises an interesting point in the podcast: I think that, you know, you could ask the question of, well, why couldn't this have been designed before? And I think that that’s a very valid question. I think part of what we find, or I certainly find personally very exciting about this is just the awareness. I think the awareness that’s happened within the financial community that there is a technological answer that can help drive change and improve our system is just very encouraging.

Software is eating the world and it looks like it's finally eating finance.Join the conversation about this story » NOW WATCH: Dish could face $24 billion in fines for robocalls

The secret method to control your iPhone by tilting your head

One thing Android users often feel superior about is the relative lack of customization options built into iOS. But there are a lot of cool features hidden in the iOS "accessibility" section that many people don't know about.

These settings are designed to make it easier for those without the best sight, hearing, or motor functions to still use iOS to its fullest capabilities — but they can also be used to customize your controls. One of the awesome buried gems in iOS is known as "Switch Control." It lets you create custom switches to perform functions on the phone that would normally be done with your hands using the iPhone's camera, like multitasking by tilting your head instead of double-tapping the home button. We've put together the following guide so that you can create your own custom switches on your iPhone in seconds. Kyle Russell contributed to an earlier version of this post.First, open the Settings app.

Scroll down and click on the General menu. Next, tap on Accessibility. Next, scroll down and tap on Switch Control.

See the rest of the story at Business Insider