Ant Group adjusts shareholder structure, Jack Ma has given up control
On January 7, Ant Group announced on its official website that it intends to adopt a series of upgrading measures at the board of directors and shareholder level, including the introduction of a fifth independent director, the adjustment of the upper-level structure of shareholders, and the promotion of matching shareholder voting rights with economic interests.
Ant Group | Image source: Visual China
At present, the eight directors of Ant Group’s board of directors include four independent directors (reaching half). On this basis, the group plans to continue to introduce a fifth independent director to achieve more than half of the independent directors on the board. At the same time, the relevant management members of Ant Group will no longer serve as Alibaba partners, further improving the transparency and effectiveness of corporate governance, and strengthening the isolation from the shareholder Alibaba Group.
Specifically: Ma Yun and his concerted actors have signed an agreement to terminate the concerted action relationship at Hangzhou Yunbo level. (Source: Interface News)
Google agrees to pay California residents $23 million over privacy concerns, report says
Google has agreed to pay $23 million to settle a class-action lawsuit in California over search engine privacy issues, Bloomberg reported. Alphabet Inc.’s Google Inc. agreed to pay $23 million to settle a long-running consumer lawsuit.
These consumers allege that their search engines are sharing their queries with advertisers or other third parties without their permission. The proposed settlement also requires Google to provide consumers with additional disclosures about shared search terms.
Google’s security propaganda / Image source: cnBeta
Something similar happened last year when Google agreed to pay a $100 million settlement over privacy violations. Google Photos’ face grouping tool allows users to organize images of the same person through facial recognition algorithms, but Illinois law requires companies to have a written statement when storing such biometric data. Illinois residents can receive up to $400 from the settlement. (Source: cnBeta)
After the big price cut of domestic Tesla, it was revealed that there was fierce rights protection in Chengdu: gifts and snacks in the store were robbed
On the 7th, a blogger broke the news, “Since Tesla announced the price cut on January 6, Tesla Chengdu Taikoo Li broke out the most intense rights protection since Tesla entered China. All peripheral gifts for users in that store, Snacks and water were robbed. A Cyberquad, an electric ATV, was destroyed.”
According to reports, in response to the car owner’s discussion of the statement, the staff of the Taikoo Li Tesla store responded: “We have told all the car owners that there is no confidentiality agreement, and there is no (compensation, compensation) plan. It is indeed Tesla. The official price adjustment, because Tesla is a direct sales model, so the price adjustment will be given directly to everyone.”
In response to this price cut, Tao Lin, Tesla’s global vice president, issued a post saying, “Behind Tesla’s price adjustment, there are countless engineering innovations, which are essentially unique and excellent laws of cost control. From the “first principles” “Start” and insist on pricing at cost.” (Source: Upstream News)
DJI responds to the independent rumors of the department: operations are as usual, and the name will not be changed
Recently, there have been rumors on the Internet that DJI’s automotive division has become independent and a new company has been established. According to the China Securities Taurus report, DJI Automotive responded that the department will operate as usual and will not change its name.
According to previous reports, DJI’s in-vehicle division has been officially split, and the new company is called “Shenzhen Zhuoyu Technology Co., Ltd.” Sources said that DJI is still a shareholder of Zhuoyu Technology, the original DJI vehicle team has also obtained corresponding shares, and employees have signed relevant agreements.
DJI’s in-vehicle department started with less than 10 people in 2016, and now has more than 1,000 people, about 70% of whom are R&D personnel. At the customer level, in addition to Wuling, DJI Vehicle will also enter the supply chain of BYD and other car companies in 2022. (Source: Daily Economic News)
Zheng Gang responded to “Luo Yonghao’s post to clarify and was bombarded”: Is it appropriate for you to withdraw from the shareholder group when you are unhappy?
Recently, Zihui Venture Capital Zheng Gang issued an article bombarding Luo Yonghao, saying that the news that he would resolutely launch a buyback with dozens of investors caused heated discussions. In the article, Zheng Gang recounted Luo Yonghao’s entrepreneurial experience of New Oriental and Smartisan, saying that he was snobbish, did not understand gratitude and did not understand strategy, and that he killed Smartisan Technology by himself.
In this regard, Luo Yonghao responded that according to the company law and the company’s articles of association of Hammer Technology, Hammer Technology holds a shareholders’ meeting every year, and the equity repurchase has confirmed the investor’s intention. Other subjective comments will not be replied, “We did not cheat, and it is impossible to cheat.”
Luo Yonghao’s long response / Image source: Southern Metropolis Daily
Later, Zheng Gang replied to a long post in his circle of friends, in which he mentioned: “Hammer Technology shareholders have groups, you see topics that make you unhappy, and take the behavior of withdrawing from the group several times, are you decent? “, “Don’t play smart anymore. Dozens of investors are responsible for their own investment behavior. Don’t run the train with your mouth full, otherwise Wang Xing will encounter the same thing next time, or you won’t be able to win the next round of betting money.”
Shen Wangfu, founder of innovative technology company, who invented Chinese-speaking computer, dies
Singapore-based innovative technology company founder, CEO and chairman Sim Wang Fu has passed away, “passed away peacefully on 4 January 2023”, according to a press release issued by the company. Died at the age of 67.
Shen Wangfu, Founder, CEO and Chairman of Singapore Innovation Technology Company / Source: cnBeta
Shen Wangfu is known in the industry as “the father of computer sound cards”, and some people call him “Singapore’s Musk”. Invented the “Chinese-speaking computer”, at the age of 45, Sim Wang Fu became the youngest billionaire in Singapore.
As hard as it may seem to younger readers to believe, there was a time when computer sound wasn’t guaranteed. If you want to plug in headphones or speakers so they don’t just pop or beep, you’ll probably need a sound card, and none have been as successful as Innovation Labs’ Sound Blaster to date, as of 2019 By its 30th anniversary, it had sold more than 400 million pieces. Shen Wangfu described it as “a sword that took 20 years to sharpen”, a technology that changed the rules of the game. (Source: cnBeta)
Kuaishou’s Kuai Kan Dian will cease operations on February 6
Kuaikandian, a subsidiary of Kuaishou, recently issued a suspension announcement. The announcement stated that due to business adjustments, Kuaikandian Graphic Information App will be terminated at 00:00:00 on February 6, 2023, and users will not be able to access Kuaikandian App at that time.
Kuaikandian stated that in order to implement the protection of users’ personal information, Kuaikandian will completely delete all user information and works and other data at that time (because it is necessary to review the qualifications of some creators’ withdrawal applications and pay money, this will be done) The work information and personal information of some creators will be kept until August 6, 2023, and all the information and work data of this part of creators will be completely deleted at that time), please complete the data before 00:00:00 on February 6, 2023 export. (Source: TechWeb)
Ming-Chi Kuo Says Apple Has Canceled 2024 iPhone SE 4 Release Plan, Qualcomm Becomes The Biggest Winner
Analyst Ming-Chi Kuo said in his latest Medium blog post that Apple has canceled plans to launch a fourth-generation iPhone SE in 2024. In December last year, Mr. Guo said that Apple has canceled or postponed the release of iPhone SE 4, and now he believes that Apple has clearly canceled the release plan of the phone. Mr. Guo said in his blog post that Apple originally planned to introduce the first 5G chip module developed by itself on the iPhone SE 4, but in the end the plan was shelved by Apple. He believes that Apple’s iPhone 16 series launched in 2024 will continue to rely on Qualcomm’s new 5G products.
An Apple official retail store in Beijing / Image source: Visual China
It is understood that Mr. Guo said that Apple plans to test the 5G chip in the iPhone SE and then promote it to the iPhone 16 models to ensure a smooth transition. (Source: TechWeb)
The world’s first AI lawyer will “go to court” next month to defend defendants in speeding cases
According to foreign technology media New Scientist, the world’s first AI lawyer will appear in court next month to defend the defendant. It’s just that this AI lawyer has no entity and will not argue in court, but runs on the mobile phone to help the defendant answer various questions.
The AI lawyer, trained and developed by DoNotPay, plans to defend defendants in speeding cases that will go to trial in February 2023. The defendant has not been identified, and it is unclear whether it will be available to the media at that time.
Since this is the first case of AI, DoNotPay will bear a double fine if the AI’s suggestion cannot help the customer. But if it wins, it will have a huge win. But the question that arises from this is, are AI lawyers legal in court? (Source: IT House)
Scientists have deciphered DNA’s ‘mechanical code’, which could reverse the course of cancer development
An international team of researchers led by Durham University has discovered a previously unknown way nature encodes biological information in DNA sequences by deciphering DNA’s mechanical code.
Screenshot of research paper/ Image source: cnBeta
The mechanistic code of DNA refers to the physical properties of DNA that are important for its function as genetic material. These properties include the double helix structure, the stability of base pairing, and the elasticity and flexibility of the molecule.
In addition, the researchers found that DNA’s mechanical code can be altered by “methylation,” a known chemical modification that DNA bases commonly undergo at various stages of an organism’s development. Abnormal methylation has been linked to several cancers.
The discovery that methylation alters the mechanistic code raises the possibility that biological developmental programs, or diseases such as cancer, may achieve some of their effects on cells by altering the information encoded by the mechanistic code. (Source: cnBeta)
New research: Nearly 70% of the world’s land glaciers may melt this century
According to Xinhua News Agency, a research report published on the 5th of the US journal Science showed that the threat of climate change to global glaciers exceeded scientists’ previous expectations. Glaciers will melt completely; even if the “ideal” target of warming only 1.5 degrees Celsius is achieved, close to half of all land glaciers will disappear.
Glaciers on land / Image credit: Pexels
One of the consequences of melting glaciers is faster sea level rise. The researchers calculated that under the conditions of global warming of 1.5 degrees Celsius, 2.7 degrees Celsius and 4 degrees Celsius, the sea level rise will reach 9 centimeters, 11.5 centimeters and 15 centimeters respectively.
Melting glaciers also mean that the freshwater supply to some 2 billion people is affected, especially during summer when rainfall is low. (Source: Xinhua News Agency)
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