Chen Xi, the person in charge of Toutiao, transferred to TikTok e-commerce, and Zhang Chao, the person in charge of Tomato Novel, took over
Recently, Chen Xi, the head of Toutiao, will be transferred to TikTok e-commerce as the head of product and data science. He will report to Kang Zeyu, the head of TikTok e-commerce. Zhang Chao, the person in charge of Tomato Novel, will concurrently serve as the person in charge of Toutiao, overseeing the two products and reporting to Zhang Nan, CEO of Douyin Group. TikTok is a very important business for ByteDance now.
According to internal planning, TikTok e-commerce will achieve the goal of 3 trillion yuan in GMV (goods turnover) within five years. TikTok e-commerce has encountered many challenges overseas, including cross-cultural conflicts, labor-capital conflicts, and how to replicate the business model applicable in China to the world. ByteDance hopes that Chen Xi, who has both product and management capabilities, can solve these problems well.
Zhang Chao joined ByteDance in 2016 and has been in charge of Toutiao, Toutiao Novel Channel and Tomato Novels successively. Chen Xi joined ByteDance at the end of 2020 and initially served as the person in charge of the Douyin Volcano version. Before joining Byte, he served as the executive president of the online car-hailing company in Didi. He is one of the fastest-promoting and most outstanding young managers in Didi. (later LastPost)
Domestic information
Ant Group strengthens isolation from Ali: Ma Yun is no longer the actual controller
Recently, Ant Group issued an announcement on its official website to continue improving corporate governance. The announcement stated that it plans to continue to introduce a fifth independent director, so as to achieve more than half of the independent directors on the board of directors. At the shareholder level, the core of this adjustment is the change in the voting rights of major shareholders. According to the penetration of the adjusted shareholding structure chart released by Ant Group, Ma Yun’s share voting rights have dropped from 53.46% to 6.208%, and he is no longer the actual controller of Ant Group. In response to the listing plan, relevant people from Ant responded that at present, Ant is still focusing on rectification and business upgrading, and has no plan to launch a listing. Prior to this, important progress had been made in the rectification of Ant Group. The registered capital of Chongqing Ant Consumer Finance Co., Ltd. (hereinafter referred to as “Ant Consumer Finance”) increased from 8 billion yuan to 18.5 billion yuan. At the same time, the approval also stated that Hangzhou Jintou Digital Technology Group Co., Ltd., Zhejiang Sunny Optical Co., Ltd., and Transfar Zhilian Co., Ltd. were allowed to invest in Ant Xiaojin. After increasing the registered capital and adjusting the shareholding structure this time, Chongqing Ant Consumer Finance will have 12 shareholders.
Li Yanhong’s internal reflection: Baidu also has the problems mentioned in Ma Huateng’s internal speech
Recently, a recent internal speech by Baidu chairman Robin Li leaked out. Li Yanhong said that Baidu also has the problems mentioned in Ma Huateng’s internal speech, and is actively trying to solve these problems. Li Yanhong said frankly that Baidu does not have such a star product as a video account. This is a gap compared with Tencent in the past year, and we have to face this situation and reality. Regarding AIGC, Li Yanhong said that this is the technical direction that Baidu is “thinking about every day”, and it is difficult to commercialize it, but Baidu must do it. It is understood that the problems mentioned by Ma Huateng in his previous internal speeches are shocking internal corruption, and many businesses cannot be done. The corruption loopholes are too large and the business has been hollowed out. Some BG’s reform methods and superficial work forms are not the crisis mentality that entrepreneurs should have.
The chairman of the private equity fund claimed that he was defrauded by telecommunications and lost more than 10 million yuan. The lawyer said that there were too many loopholes in the process
Recently, there has been a rumor circulating on the Internet that the chairman of AXA Private Equity Fund was suspected of being defrauded by telecommunications and was still “persevering” after being defrauded of 10 million yuan, which has aroused widespread concern. In this document, Niu, who claimed to be the chairman and general manager of AXA Private Equity Fund, described that he was examined by someone who claimed to be a “police officer of Shanghai Pudong Branch”, “chief prosecutor of the special case”, “judge of Shanghai Intermediate People’s Court”, and “director of the Financial Bureau of the Procuratorate”. and paid a security deposit of up to 10 million yuan. Later, due to insufficient funds, he borrowed more than 3 million Hong Kong dollars from the company to pay the “handling fee”.
On January 8, lawyer Xu Jiaxiang, a partner of Beijing Strategy Law Firm, analyzed, “From this statement, there are many loopholes in the legal procedure.” Personnel from the public security organs cannot be guarantors, and this will not happen in our country. The security deposit of more than 10 million yuan usually starts at 1,000 yuan, and in the cases it handles, the maximum is 10,000 yuan. Moreover, what Niu mentioned that “the latest national anti-money laundering regulations will take 6 months to return” is also wrong. There is no such provision in my country’s anti-money laundering law. If what is said in this statement is true, it is very likely that this Niu suffered from telecommunications fraud. (Red Star News)
Tesla’s price reduction car owners organized a group to defend their rights: the rights protection failed, and another 7 parking fees were charged
Recently, all of Tesla’s models have been facelifted and their prices have been greatly reduced. Among them, the Model 3 rear-drive price was reduced by 36,000, and the Model Y’s long-range battery life was reduced by 48,000, setting the lowest price in the history of domestic Tesla. Some car owners lost tens of thousands of dollars just after buying a car, and car owners in many places in China choose to collectively defend their rights. Some Tesla owners even flocked into the store to “buy at 0 yuan” and snatched peripheral gifts, snacks, drinks and other materials in the store.
In addition, in Suzhou, Jiangsu Province, a Tesla owner uploaded a video saying that because of the price cut, their car owners organized a group to go to the Tesla store to defend their rights, but the rights protection did not result in any results. When driving out of the parking lot, each person had to pay 7 yuan for parking. Many netizens joked, “Tesla’s price reduction this time, plus 7 yuan”, “door-to-door rights protection, and was cut by Tesla’s sickle.” In this regard, some lawyers said that because manufacturers cut prices to cause trouble , This kind of car is no longer defending rights, but the car is in trouble, and it needs to be held legally responsible. I would also like to remind all Tesla owners to defend their rights rationally, avoid excessive rights protection, and pay a greater cost.
It is reported that Xiaomi is discussing the pricing range: dual versions with different configurations, high configuration or over 350,000 yuan
Recently, according to the latest news, Xiaomi has made key progress in making cars. Xiaomi is already discussing the pricing range. The first car is a medium-sized fastback sedan (internal codename Modena Modena), which is divided into two versions. The internal discussion plan is one The version is positioned in the range of 260,000 to 300,000 yuan, and the other version is above 350,000 yuan.
According to reports, both versions of Xiaomi cars are equipped with Qualcomm’s next-generation smart cockpit chip and Nvidia’s Orin X chip, which supports lidar. Among them, the high-end version is based on the 800V high-voltage platform and is equipped with the Kirin battery of CATL; the low-end version is based on the 400V platform and is equipped with BYD lithium iron phosphate batteries. In addition, it is reported that the new car is expected to be released within the year as soon as possible and will be released in 2024. The source also said that Xiaomi is also working on a second mass-produced car (internal code-named Le mans), which is planned to be launched in 2025.
Kuaikandian, a subsidiary of Kuaishou, announced that it will cease operations on February 6, and the gold coin task has been offline
On January 7th, according to feedback from netizens, Kuaikandian, a subsidiary of Kuaishou, recently issued an announcement of suspension. According to the announcement, due to business adjustments, the Kuaikandian Graphic Information App will cease operations on February 6, 2023, and users will not be able to access the Kuaikandian App at that time. In addition, due to business adjustments, Kuaikandian has officially offlined all gold coin and cash distribution tasks and games on January 6, 2023, and all promotional channels on and off the product site will no longer display the activity entrance for receiving gold coins or cash. (IT House)
Zheng Gang bombarded Luo Yonghao for “being a dead hammer, not knowing how to be grateful”, Luo Yonghao responded
In the early hours of January 7, Zheng Gang of Zihui Venture Capital suddenly issued an article bombarding Luo Yonghao in the middle of the night, saying that he would resolutely initiate a buyback with dozens of investors. According to Zheng Gang’s description, Luo Yonghao’s newly founded VR company is valued at 190 million US dollars. Luo Yonghao proposed to the original Smartisan investor that he would use 3.5% of the shares to compensate the investor who invested 1.5 billion yuan, but the proposed agreement was viewed by Zheng Gang. not authentic.
At noon on January 7, Luo Yonghao responded to Zheng Gang’s dissatisfaction and said that with the consent of investors and partners, the new company has provided old shareholders who invested in Hammer Technology with 5% before investment and 3.72% after investment. The shares, the conditions and agreements related to them are also voluntarily chosen by the old shareholders to sign or not to sign. “Although we didn’t hold a collective meeting on this matter, we sent exactly the same emails to all the old shareholders of Hammer Technology.”
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 reports from Leifeng.com, 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.
Byte and JPMorgan Chase will enter the payment field
Recently, according to Forbes, JPMorgan Chase is cooperating with ByteDance to help ByteDance develop payment technology. Global users will spend $3.4 billion on TikTok in 2022, up from $2 billion the year before, according to data analytics firm Sensor Tower. In the U.S. alone, that number more than tripled to $670 million. ByteDance reportedly hired JPMorgan to simplify those transactions, improve how payments are sent and received, and establish a centralized bank account for ByteDance’s dozen or so products. In addition, ByteDance has hired several JPMorgan Chase executives to lead its global payments team. (Interface News)
Jia Yueting’s unfulfilled total amount exceeded 8.7 billion yuan, and was applied by a number of venture capital companies to restrict consumption
Recently, Jia Yueting added a consumption restriction order. The applicants are Hebei Hongtu Venture Capital Co., Ltd., Shenzhen Innovation Investment Group Co., Ltd., Shenzhen Hongtu Information Venture Capital Co., Ltd., etc. The related case is a contract dispute. Prior to this, Jia Yueting and LeTV Holdings (Beijing) Co., Ltd. had been executed for this case, and the execution target was about 148 million. Recently, the case was also listed as the final case. At present, Jia Yueting has related multiple information about persons subject to enforcement, dishonest persons subject to enforcement, consumption restriction orders and the final case, with a total outstanding amount of over 8.7 billion yuan.
21 private entrepreneurs including Zhang Yong from Alibaba and Guo Guangchang from Fosun International made a collective voice: optimistic about China’s economy!
Recently, CCTV’s “Dialogue” program invited 21 leading private entrepreneurs, including Chairman Zhang Yong of Alibaba, Xu Lei, CEO of JD.com, and Guo Guangchang, Chairman of Fosun International, to speak and call for the Chinese economy. Zhang Yong said that the confidence of China’s economy in 2023 comes from people’s continuous pursuit of a better life, and everyone’s tenacity to move forward firmly and work hard. Xu Lei said that in 2023, the confidence of China’s economy will come from our super large market size advantage. Guo Guangchang said that in 2023, the confidence of China’s economy will come from the further reduction of financing costs of private enterprises and the further expansion of financing channels. (Financial Association)
Hang Seng Electronics: The actual controller will be changed from Ma Yun to no actual controller
According to the news on January 8, Hang Seng Electronics announced on the evening of January 8 that the change in the upper-level equity structure of the controlling shareholder Hangzhou Hang Seng Electronics Group Co., Ltd. led to a change in the equity of the company’s actual controller. Changes in the number of shares and shareholding ratio. After this equity change, the controlling shareholder of Hang Seng Electronics is still Hang Seng Group, and the actual controller of Hang Seng Electronics will be changed from Jack Ma to no actual controller.
According to the data, Hang Seng Electronics is a financial software and network service provider. It was established in Hangzhou in 1995 and listed on the main board of the Shanghai Stock Exchange in 2003. With technology as its core competitiveness, Hundsun Electronics focuses on the field of wealth asset management, providing overall IT solutions and services for financial institutions such as securities, banks, funds, futures, trusts, and insurance, and wealth management tools for individual investors. As a financial IT service provider in all fields, Hundsun Electronics has been included in the FINTECH100 Global Fintech Top 100 list for 12 consecutive years, ranking 43rd in 2019.
The era of Android flashing is over, the founder of open source ROM Moqu announced to delete the library and run away
Recently, Gao Zhipeng, the founder of Moqu, a well-known third-party open source project in China (nicknamed “Martin Longzhu” on Weibo), said that the era of flashing phones has actually come to an end, and the delay in making up his mind is just hoping that Moqu can persist for a while, but it is time to come. I still want to come, so I decided to delete the library and run away, and then decided to do something else. It is reported that the Moqu open source project started on December 12, 2012, and has a history of ten years, but finally said goodbye.
2022 Leifeng.com “Flying into the Earth and Going to the Sea” Annual Science and Technology List Announced
News on January 9th, in the past few months, Leifeng.com, from the three best dimensions of technology flying into the sky, application into the ground, and business going to sea, artificial intelligence, urban IoT AIoT, industrial intelligence, automotive technology, enterprise services, Commercial robots, future interaction, consumer electronics, chips, medical AI and digitalization, cloud and data infrastructure, 12 vertical fields, looking for pioneers and evangelists of the new business order. The 2022 “Flying into the Earth and Going to the Sea” annual technology list, formerly known as Leifeng.com’s annual “Best AI Nuggets Year-end List”, was founded in 2016, and has gone through six selections, with a total of more than 2,000 registered technology companies . The following are the 49 award-winning companies in the 2022 “Flying into the Earth and Going to the Sea” annual technology list.
A huge loss of 4.2 billion! The valuation of Nezha Automobile has shrunk by more than 10 billion yuan
Recently, according to the announcement of “Progress of Foreign Investment” released by 360: In order to cooperate with Nezha Auto’s shareholding reform, 360’s shareholding ratio has dropped to 10.72%, corresponding to a book value of 1.153 billion yuan. The valuation is 10.756 billion yuan. Compared with the previous valuation of 25 billion after completing the D round of financing in July 2022, the valuation of Nezha Automobile has shrunk by 10 billion yuan.
International information
Samsung’s profit plummeted 69%, or it may be forced to cut memory chip production
According to news on January 7, South Korea’s Samsung Electronics has recently released its performance forecast for the fourth quarter of 2022. It is expected that the operating profit for the quarter will be 4.3 trillion won (about 3.43 billion U.S. dollars), a sharp decline of 69% year-on-year, the largest for Samsung in the past 10 years. The decline in profits was the lowest level in eight years, and it was also lower than the 6.7 trillion won expected by market analysts. Samsung attributed the drop in profit to weak demand for semiconductors due to macroeconomic issues.
For the storage business, demand fell more than expected in the fourth quarter, Samsung said, mainly because concerns over deteriorating consumer sentiment triggered by persistently high global interest rates and a weak economic outlook prompted customers to adjust inventories for further storage. Tighten your finances.
Market analysts also pointed out that Samsung’s performance in the fourth quarter was not as good as expected, which symbolizes that the company is facing pressure to reduce capital expenditures and production cuts. However, Samsung has previously stated that it has no plans to reduce capital expenditures and reduce production. However, the rapid deterioration of the storage market at this stage, coupled with the severe decline in profitability, has forced Samsung’s executives to consider plans to reduce capital expenditures and production cuts that they were unwilling to carry out before.
Tesla shareholders ask the board to prepare for succession: in case of losing Musk
Tesla’s board of directors is under increasing pressure in recent days as investors demand they demonstrate that Tesla is ready to lose key figures like CEO Elon Musk. Tesla shareholder Karen Roberts-Dottir has submitted a proposal for investors to vote at the annual shareholder meeting in May on whether Tesla’s board should prepare and maintain a “key-person risk” report. In the proposal, Robertsdottir called on Tesla to document the succession procedures and processes for key personnel, thereby mitigating the potential financial impact on the company if these personnel leave. (Sina Finance)
Without squeezing toothpaste, the iPhone 15 Pro will have 6 exclusive functions
Recently, supply chain sources said that the iPhone 15 Pro series will add six exclusive features compared to the iPhone 15 standard version. The six exclusive features include A17 chip, titanium middle frame, Type-C interface, 8GB memory, pressure-sensitive buttons, and periscope telephoto lens. Among them, the A17 chip will be built based on TSMC’s second-generation 3nm process to improve performance and efficiency. At the same time, after upgrading to 8GB memory, the situation of killing the background can be further improved. It should be reminded that the Type-C interface may not be exclusive to the Pro series, but the iPhone 15 standard version may castrate the transmission speed to the USB 2.0 standard, while the Pro series supports at least USB 3.2. (fast technology)
Microsoft CEO Nadella: There are still huge challenges in the technology industry in the next 2 years
News on January 7, Microsoft CEO Satya Nadella said in an interview with CNBC recently that the technology industry will still be shrouded in a haze for the next two years. Nadella believes that with the development of emerging technologies such as artificial intelligence, the long-term growth prospects of technology companies are strong, but the technology industry still needs to go through a long period of pain before this recovery.
TikTok CEO Zhou Shouzi will meet with EU antitrust chief to discuss personal data protection
According to the news on January 7, the schedule of the European Commission shows that TikTok CEO Week Funding will meet Margaret Vestager, the head of EU antitrust affairs, in Brussels on January 10. The schedule shows that Zhou Shouzi will also meet EU Values and Transparency Commissioner Vera Junova and EU Home Affairs Commissioner Hurva Johnson on the same day.
A spokesman for the European Commission said the meeting was expected to cover issues such as the protection of personal data on online platforms such as TikTok and the implementation of the EU’s Digital Services Law. He declined to comment on more specific details of the meeting or who requested it. At present, TikTok is under increasing pressure to operate in the United States. The U.S. federal government and several states have banned employees from using TikTok on official devices. TikTok is still seeking a security deal with the Biden administration. (Phoenix Technology)
Mercedes-Benz will use the metaverse to build a new factory
Recently, Mercedes-Benz officially announced that it will make further efforts in digitizing the production process, using the NVIDIA Omniverse platform to design and plan manufacturing and assembly facilities. It is reported that Mercedes-Benz has been cooperating with Nvidia to develop software-defined vehicles. The upcoming models of the car company will be built based on Nvidia’s DRIVE Orin centralized computing platform, and its intelligent driving functions will be tested and verified based on the DRIVE Sim simulation platform. By introducing NVIDIA Omniverse, Mercedes-Benz has further integrated AI and metaverse technologies into its own development process to create a smarter and more efficient digital factory.
MSI deleted it after revealing the “big truth”, saying that the pricing of RTX 4080 graphics cards is terrible
According to the news on January 8, the overall price of Nvidia RTX 40 series graphics cards is higher than that of RTX 30 series. Among them, the starting price of RTX 4080 is 9,499 yuan, which is 4,000 yuan higher than the 5,499 yuan of RTX 3080. Recently, MSI America’s official push of MSI Gaming USA seems to have accidentally revealed the truth. In a tweet promoting the RTX 4070 Ti graphics card, MSI officially said: RTX 4070 Ti is now available in the MSI store to experience the powerful features of the Ada Lovelace architecture. , the pricing is “not as bad as the 4080”! However, the tweet, which has since been deleted, does appear to have said the wrong thing. (IT House)
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