July 1, 2016 / Fortune Asia / Volume 174 / Number 1

features

BRAINSTORM TECH / 2016

20 Some Assembly Required
Automakers and tech companies are racing to build the next great car company for a driverless future. And for the first time ever, the car may take a backseat.
By Erin Griffith

30 Citigroup Does ’Fintech’
An explosion of new financial technology startups is threatening to usurp the multitrillion-dollar banking industry. Here, an inside look at how one global player is trying to ”fintegrate” fast enough to stay ahead of the revolution.
By Stephen Gandel

46 Xiaomi What You’ve Got
The runaway success of Xiaomi’s cheap, stylish smartphones helped the Chinese startup become one of the world’s most valuable private companies. Now its sales are sputtering. Can Xiaomi’s ”ecosystem” ever live up to its $45 billion hype?
By Scott Cendrowski

37 The Future of Work
Change is hard. The way you work today isn’t the way you’ll work tomorrow. Fortune asked people in a variety of industries how technology is changing their workplace. Here’s what they said.

54 Spy Tech That Reads Your Mind
Leaks, theft, and sabotage by employees have become a major cybersecurity problem. One company says it can spot ”insider threats” before they happen-by reading all your workers’ email.
By Roger Parloff

departments

MACRO

4 Closer Look
This year, the political conventions matter again. Here are the fights to watch in Cleveland and Philadelphia.
By Anne VanderMey

7 Blood Testing Is Booming
Companies are betting a ”liquid biopsy” can change cancer testing.
By Sy Mukherjee

8 The Weird World of Negative Interest Rates
Central banks are doing what was once unthinkable. Will it save their economies?
By Chris Matthews

9 Leadership
Some jobs must be automated; others need the human touch. Which are which? That’s your call.
By Geoff Colvin

10 Brain Health
The blood-brain barrier has long stymied drug development for brain disorders. Researchers have finally begun to break through it.
By Erika Fry

VENTURE

11 How I Got Started
Frank Yang has used creative design and gleaming stainless steel to make Simplehuman the Apple of housewares.

Interview by Dinah Eng

PURSUITS

13 Travel Tech
Personal valet app Dufl lets you pack luggage remotely in under a minute.
By Christopher Tkaczyk

14 Black Book
Washington, D.C., isn’t just for patriots-it’s also a must for aesthetes and foodies.
By Adam Erace

TECH

15 Person of Interest: Brainstorm Tech Edition
Meet Mikkel Svane, CEO of Zendesk, a cloud-based customer-service software company.
By Heather Clancy

16 The Age of Unicorns: Brainstorm Tech Edition
Well-funded cyber-security firms are waiting for the right market conditions for an IPO. It might be a while.
By Robert Hackett

17 A Boom With a View
Corporations desire to be nimble like startups at a time when startups crave profits like the big boys.
By Erin Griffith

INVEST

18 Pondering the Puzzle of IBM
The tech giant is stumbling through a painful turnaround. Is the stock a bargain or a trap?
By Ryan Derousseau

60 BING!

CORRECTIONS

In some editions of the June 15 issue, ”The Outsiders” noted that Netflix signed a deal with Disney in May; in fact the deal had been signed earlier, but its details were announced in May. ”Picturing the Fortune 500” (June 15) misstated how much Netflix is spending on programming in 2016. The correct figure is $5 billion. Fortune regrets the errors.

COVER ILLUSTRATION BY STEVEN WILSON

[IMAGES]

A fleet of self-driving Google prototype cars in Austin
COURTESY OF GOOGLE

DUFL: CHRIS HINKLE

WASHINGTON, D.C.: SEAN PAVONE-GETTY IMAGES

ｩ Time Inc.