Ant Group’s emergency response: There are currently no plans to launch an IPO
Recently, some media reported that “the China Securities Regulatory Commission established a working group to evaluate the resumption of listing of Ant Group”. In response, on the evening of June 9, the China Securities Regulatory Commission responded by publishing a message on its website saying that it has not conducted any evaluation and research work in this area, but supports eligible platform companies to list at home and abroad.
Subsequently, Ant Group responded to the matter in a WeChat official account, saying that it is focusing on the implementation of rectification work under the guidance of regulatory authorities, and currently has no plans to launch an IPO.
On November 3, 2020, the Shanghai Stock Exchange issued a decision to suspend Ant Group’s listing on the Shanghai Stock Exchange’s A-share Science and Technology Innovation Board. Ant Group subsequently announced the suspension of its H-share listing on the Hong Kong Stock Exchange. (Source: Daily Economic News)
Apple offers “buy now, pay later” short-term loans
On June 9, Apple said that a wholly-owned subsidiary of the company will be responsible for checking user credit and providing short-term loans to users for Apple’s upcoming short-term loan service “Apple Pay Later.”
The new service, which Apple announced at its developer conference on Monday, will compete with similar services from Affirm and PayPal. Later this year, when Apple releases the new iOS 16 iPhone software, users will be able to use the Apple Pay service to buy products and pay the remainder in 4 equal installments over 6 weeks, a “buy now, later” Payment” (BNPL) service.
Apple already has a partnership with Mastercard, which interacts with the vendor and offers a white-label BNPL product called “Installments” (installments) that Apple is using. (Source: Sina Technology)
TikTok sparks wave of departures from UK office over culture clash
According to foreign media reports, the recent “cultural conflict” between the Chinese management team of Douyin’s international version TikTok and its London employees triggered a wave of departures. Dozens of employees of the TikTok Shop UK station resigned collectively due to poor working conditions. It is reported that in October last year, Tiktok’s newly established e-commerce business TikTok Shop launched the UK station.
Earlier this year, Joshua Ma, an executive of TikTok’s Chinese parent company ByteDance, came to London to inspect the opening of the TikTok Shop UK site. At the meeting he said he did not think businesses should offer maternity leave. The remarks sparked outrage among London employees, who felt that the tough corporate culture ByteDance brought from China clashed with the relaxed office environment that British employees were accustomed to. (Source: TechWeb)
Spotify expects annual revenue of $100 billion in 10 years
Spotify recently said it expects annual revenue to reach $100 billion over the next 10 years. Spotify is expanding its podcasts, audiobooks business, and expansion is expensive, but the company promises high-margin returns on expensive expansion.
Spotify’s annual revenue in 2021 will be about $11.4 billion, which is equivalent to an eight-fold increase in annual revenue in 10 years if the company’s goals are met. Not only that, but Spotify expects the company’s gross profit margin to climb to 40% within 10 years, and its operating margin to 20%. (Source: Sina Technology)
Station B issued Q1 financial report: total revenue of 5.054 billion yuan, monthly average active users reached 294 million
On June 9, Bilibili announced its unaudited financial report for the first quarter ended March 31, 2022. According to the financial report, the revenue of station B in the first quarter reached 5.054 billion yuan, a year-on-year increase of 30%. The average monthly active users of station B increased by 31% year-on-year to 294 million; the average monthly active users of mobile terminals increased by 33% year-on-year to 276 million.
The financial report shows that in the first quarter of 2022, the average daily video playback volume of station B was close to 3 billion times, an increase of 84% year-on-year; the average daily video playback time also increased by 52% year-on-year in this quarter, reflecting the rapid growth of overall community traffic. ; The average monthly number of community interactions reached 12.3 billion, an increase of 87% year-on-year. The average daily usage time of users is as high as 95 minutes, a record high. (Source: World Wide Web)
Microsoft talks about acquiring Activision Blizzard: only new games will be exclusive
After intending to acquire Activision Blizzard, Microsoft recently discussed their plans for post-acquisition Activision Blizzard games. This includes not making multi-platform masterpieces Xbox exclusives, new games will be exclusives, and Microsoft wants to make as many mobile games as possible. Add Blizzard games to Game Pass.
“If we get a game that spans multiple platforms and has a huge community, the last thing we want to do is take it away,” said Microsoft executive Matt Booty. “If anything, we feel our job is as Caregivers, as shepherds, continue to build and nurture this community, rather than slicing it into pieces and trying to take some away.”
This is consistent with Microsoft’s previous statement on the “Call of Duty” game, that is, after the acquisition, the “Call of Duty” game is still multi-platform. (Source: 3DMGame)
HTC will launch the Viverse Metaverse smartphone
According to recent news, HTC’s upcoming smartphone will focus on VR and AR and deeply integrate with HTC’s own open source metaverse data platform called Viveverse.
The Viverse phone was supposed to launch in April, but was held back by supply chain issues. There isn’t much information on the upcoming HTC device, other than it will integrate with the Vive Flow VR headset and possibly have support for augmented reality apps.
HTC has reportedly partnered with Taiwan’s Big Brother, Chunghwa Telecom and Far EasTone to offer the headset-compatible smartphone in its portfolio. (Source: cnBeta)
Dell unveils 2022 XPS 13 with 12th-gen Alder Lake CPUs
Recently, Dell introduced the 2022 revision of the XPS 13, including Intel’s latest 12th-generation Alder Lake CPUs, adding more cores and hybrid architecture, and the new version is its thinnest and lightest 13-inch XPS ever. The new notebook is 13.9 mm (0.55 in) thick and weighs as little as 2.59 lbs, compared to its predecessor’s 14.80 mm (0.58 in) thickness and a starting weight of 2.64 lbs.
The new XPS 13 is available in the US and Canada starting at $999 with Windows 11 and $949 for the Developer Edition with Ubuntu 20.04.
The more obvious changes are on the inside, which address some of the 9310 model’s weaknesses, such as poor webcam quality, speakers that lack bass, and a keyboard that can get hot under load. (Source: cnBeta)
ESA Mars spacecraft captures craters that look like human eyeballs
The European Aviation Agency (ESA) recently released a statement titled “Mars sleeps with one eye open,” which sounds like it’s about to write a sci-fi horror film. The main image features a crater surrounded by meandering passages. Between the circular crater and the vein-like channel, ESA makes imaginative jumps that suggest it looks like a human eyeball.
It is understood that the spacecraft photographed a crater-filled area called Aonia Terra in late April. It said the channels in the image were likely channels of liquid water 3.5 to 4 billion years ago.
A lot can be learned from images like this. Different colors and shapes are clues to geology. “Inside the crater, a darker dune area is on a shallower surface. On closer inspection, there are more hills and cones in the crater,” ESA said. “These are volcanoes. Evidence of many different materials accumulated in the mouth.”
In addition, ESA shared a color-coded topographic map. Blue and purple represent lower areas, while higher elevations are red and white. The crater is mostly blue and is about 18.6 miles (30 kilometers) wide. (Source: cnBeta)
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