Weimar was exposed to serious financial problems, executives took the initiative to cut salaries by 50%, and only 70% of grassroots wages were paid
On October 25, after the salary of the founder Shen Hui caused heated discussions, WM Motor recently reported the news of a large-scale salary reduction. A source close to WM Motor said that the company will carry out a series of active financial policies including “executives’ voluntary salary reduction by 50%”, hoping to survive this round of capital winter.
An internal employee revealed that since October, WM Motor will pay 70% of the wages of grassroots employees. For the specific reasons for the salary reduction, the internal employee did not disclose to the outside world. According to the financial report, between 2019 and 2021, the amount of losses of Weimar will continue to increase, and the loss in 2021 alone will be as high as 8.2 billion yuan. The three-year gross profit margins are -58.3%, -43.5% and -41.1% respectively, which means that Weimar is not profitable at all.
After the news came out, it caused heated discussions on many job search platforms in China. As of press time, Jiemian News asked people with knowledge of the matter for comment but did not receive a reply, and WM Motor officials did not respond to the matter. (Interface News)
Domestic information
Beauty Wrist denies Li Jiaqi’s GMV of 21.5 billion yuan on the first day of double 11 pre-sale: the data is untrue
According to news on October 25, some media reported that on the first day of pre-sale, the GMV of Li Jiaqi’s live broadcast room reached 21.5 billion yuan. In this regard, the staff of Li Jiaqi’s affiliated company Meiwiao responded: “The data is not true and there is no relevant basis.”
Earlier, it was reported that at 15:00 on October 24, Li Jiaqi’s live broadcast started on time. In the past 40 minutes alone, the number of viewers exceeded 10 million, and at the end of the live broadcast, the number of viewers finally stopped at 460 million. Statistics show that on the first day of pre-sale, the GMV of Li Jiaqi’s live broadcast room reached 21.5 billion yuan, which greatly refreshed the sales record of Double 11 live broadcast room created by Li Jiaqi himself in 2021. (Financial Association, Beijing Youth Daily)
Chip foundry turns cold? TSMC president encourages employees to take time off
On October 25, TSMC continued to decline and closed at NT$371, a decrease of 4.13%. The day before, TSMC’s American Depositary Receipts (ADR) closed at $61.29, down 3.86%, after hitting a new low. On the same day, TSMC said that the company’s president mentioned in internal communication that the accelerated digital transformation due to the epidemic and the needs of 5G and AI in the market have driven the growth of TSMC’s business. Special thanks to the employees for their hard work in the past three years. Due to the gradual normalization of life, encourage more cooperation with TSMC. Get along with family members, “Continue to work hard after taking a vacation to recharge.”
Although the employees encouraged to take leave do not include R&D personnel in 3nm and more advanced processes, it still sparks discussion. Some people in the semiconductor industry said that it is rare for TSMC to send an internal letter to encourage the holiday by the president himself. According to industry insiders, although TSMC’s internal letter only issued a signal to encourage holidays, compared with the recent shortage of semiconductor talents, the signal of semiconductor recession is more clear.
It is rumored that Wang Yilun, the head of the AI algorithm of Lili Auto, will resign. People familiar with the matter: There is too much pressure on research and development
On October 25, according to people familiar with the matter, Wang Yilun, the head of the intelligent driving AI algorithm of Ideal Auto and the chief AI scientist, will resign in the near future. At present, Wang Yilun is still in the state of work handover and is expected to leave at the end of the month.
A source said that Wang Yilun’s departure may be related to too much internal research and development pressure. Wang Yilun once said in an interview that after joining the ideal car, work has almost become the whole of life. Under the high-intensity overtime, he gained 20 pounds in one year. It is understood that during the ideal period, Wang Yilun was mainly responsible for the research and development of AI algorithms such as intelligent driving perception and maps, and reported to Lang Xianpeng, vice president of ideal intelligent driving.
The last payment is reduced by 8,000 yuan, and it is reported that AITO asks the world M5/M7 cars to follow Tesla’s price reduction
Recently, the news that Tesla announced a price cut has attracted attention. On October 25, according to the news obtained by the surging news reporter from the AITO Wenjie auto sales store, the M5 and M7 models of the Wenjie brand have also started price reduction promotions, and the final payment can be directly reduced by 8,000 yuan.
Many people in the industry believe that price cuts in the auto industry are about to begin. In response to Tesla’s current round of price cuts, Soochow Securities analyzed that after Tesla’s price cuts, its direct competitors, including new forces and first-line mainstream car companies BYD, Geely, and Changan, may follow up with price cuts. New energy products in the price range of 200,000-400,000 yuan will be directly affected, and will also affect fuel vehicles at the same price and models with a price of 100,000-200,000 yuan. A new round of industry price cuts may appear. (The Paper)
Weilai established a battery technology company with 2 billion yuan, with Li Bin as chairman
It was reported on October 25 that recently, Weilai Battery Technology (Anhui) Co., Ltd. was established with a registered capital of 2 billion yuan. The legal representative is Zeng Shuxiang and Li Bin is the chairman. The business scope includes: battery manufacturing; graphite and carbon product manufacturing; mold manufacturing; artificial intelligence application software development, etc. Equity penetration shows that the company is 100% controlled by Weilai Holdings Co., Ltd.
It is reported that Weilai’s involvement in battery manufacturing has been exposed before. In the middle of this year, a message on the environmental information disclosure platform of Shanghai enterprises and institutions revealed that NIO will invest 218.5 million yuan to build 31 cell and battery pack R&D laboratories in Anting Town, Jiading District, Shanghai, and lay 1 A lithium-ion cell trial production line and a battery pack pack line. (Economic Observation Network)
Duan Yongping increased his position in Tencent again within a month
On October 25th, Duan Yongping, an investor known for his value investing, announced today that he has increased his position in Tencent Holdings ADR. Previously, he had added positions in February, March, April, August and October 13 this year. In the early hours of this morning, he said, “I bought a little more (Tencent), although I don’t know what happened.” He also forwarded other netizens’ messages, “The money the company makes will eventually buy itself. Investor confidence is something other than the company. , should not be considered.” and replied, “Just look at Apple and understand.” (Financial Association)
The number and scale of my country’s chip imports in September “double down” year-on-year
Recently, the General Administration of Customs of China released the national import and export commodity data for September 2020. Data show that my country’s chip industry-related imports continue to maintain a downward trend. In September this year, my country imported 47.6 billion chips, with an import value of 265.18 billion yuan, down 12.4% and 1.2% respectively compared to last year.
At the same time, my country imported 7,265 semiconductor manufacturing equipment in September, worth over 20.1 billion yuan. Compared with the same period last year, the import volume of semiconductor equipment fell by 15.9%, but the import value increased by 16.2%. Specifically, the import volume of machines and devices for the manufacture of single crystal pillars or wafers and the machines and devices required for the manufacture of flat-panel displays decreased significantly, but the import value increased, while the machines and devices used for the manufacture of semiconductor devices or integrated circuits Compared with the same period of last year, the import quantity and value of installations showed an upward trend.
Yao Bo’s resignation as CFO of Ping An Group’s internal process has begun
On October 25, the reporter learned from multiple independent sources that Yao Bo, co-CEO and chief financial officer of Ping An Group, will have a job change in the near future, and the internal process of his resignation as CFO has already begun. According to people familiar with the matter, Yao Bo will remain in Ping An Group after leaving the CFO, but it is unknown whether other positions have changed. Zhang Zhichun, the current assistant general manager and chief financial officer of Ping An Property & Casualty Insurance, is expected to be promoted to the group and take over as CFO. Cai Ting, former general manager of human resources department of Ping An Bank, has recently been transferred to Ping An Group as deputy chief financial officer. According to the procedure, Yao Bo’s resignation as CFO still needs to be reviewed by Ping An Group’s board of directors.
According to the previous announcement, Ping An Group will hold a board meeting this Wednesday (October 26). At present, Ping An Group declined to comment on the news. In addition, the latest board resolution announcement of Ping An Bank on the evening of the 24th shows that Yao Bo, who has been a director of the bank since 2010, is no longer on the list of candidates for the twelfth board of directors. (Financial Association)
Wuwuchou responded with an additional 3 yuan reward fee: you can choose freely, and the reward can also be returned
Recently, the serious illness social fundraising platform “Worry-free” was named by the media: users will add a “tip fee” option when donating, which is not transparent enough. When using Worry-free, even if the “3 yuan reward” option is turned off by default, the reward option will pop up a second time when the donation exceeds 10 yuan. The cancel button is not clearly set, so it is easy for donors not to see clearly and click on it. Wuwuchou responded that it is optional whether to give a reward or not, and the button is also separate from the donation option. If you accidentally give a reward, the money can be returned.
Missing “Yuan Shen” is too much to regret, Microsoft increases investment in Chinese games
On October 25, according to NetEase Technology, sources said that Microsoft is committed to investing more in the Chinese video game market due to the success of rival Sony’s investment in the popular game “Genshin Impact”. Microsoft and Sony have been providing large sums of money to small developers in the Chinese game market for years to help them complete game development and content licensing, but the huge benefits of Sony’s support of Genshin Impact have added to Microsoft’s sense of urgency.
international News
Google fined another $113 million in India for illegally promoting its own payment system
India’s antitrust regulator, the Competition Commission (CCI), announced on October 15 that it had imposed an antitrust fine of 9.36 billion rupees (about $113 million) on Google for abusing its dominance in the app store market. Promote your own payment system.
Google’s requirement that developers use its payment system to purchase paid apps and pay for in-app purchases constitutes unfair competition and violates relevant regulations, the CCI said. By not including its own apps, like YouTube, in its billing system, Google imposed discriminatory conditions and pricing because YouTube doesn’t pay for its services like other apps. CCI believes that Google’s series of practices led it to use its dominant position in the mobile operating system and Android application store market to protect its position in the downstream market, thereby violating relevant regulations.
This is the second fine Google has received in a week, having just been fined 13.38 billion rupees ($161.95 million) by CCI last Thursday for anti-competitive conduct related to Android mobile devices. (Sina Technology)
Oracle launches new round of layoffs, involving cloud computing division
On October 25, it was reported that Oracle is quietly launching a new round of layoffs, hoping to further reduce company costs. While the size and scope of the layoffs are unclear, internal emails show that some employees at the database giant’s North American Cloud Infrastructure and Technology unit (NACT) were notified of layoffs earlier on Monday.
Posts claiming to be laid off by Oracle can also be seen on anonymous online forum TheLayoff.com and professional networking site LinkedIn. Available sources suggest that some employees affected by the layoffs will now have until October 31 to find new positions within Oracle. But one employee who has just been laid off said he had been notified that his employment relationship with Oracle would be terminated next Monday. Oracle has yet to comment. (Sina Technology)
AppStore listed the first batch of applications that support real-time activities
On October 25, Apple released the official version of iOS 16.1. The Apple App Store introduced the new features of iOS 16, including the lock screen and real-time activities. With the “Live Activity” feature, users can always keep up to date with the latest information on frequently used apps. Follow the arrival time of a taxi, the latest score at a ball game, or the next alarm on the lock screen without unlocking your device. On iPhone 14 Pro, “Live Activity” information will also appear on Smart Island if the device is unlocked. The following apps all support “real-time activities”, including AutoNavi Maps, Hema, Himalaya, QQ Music, NetEase Cloud Music, etc.
WhatsApp has broken down in many places around the world, and the parent company Meta: is working on repairs
On October 25, the services of WhatsApp, a social communication software under Meta Platforms, malfunctioned in many places around the world, and users responded that they could not send and receive messages. A spokesman for Meta Platforms said it had been informed that some WhatsApp users were having difficulty sending messages and the company was working to restore the service as soon as possible. The web tracking site Downdetector.com said more than 11,000 users in India, 68,000 in the UK and 19,000 in Singapore had reported glitches. (Associated Press)
South Korean consortium may help Musk buy Twitter, plans to provide 300 billion won
On October 25, people familiar with the matter revealed that South Korea’s Mirae Asset Financial Group plans to provide Musk with 300 billion won (about 1.512 billion yuan) in funding to help him acquire Twitter. Musk’s acquisition of Twitter requires $44 billion (about 319.88 billion yuan). The deadline for the acquisition is Oct. 28, and the South Korean consortium will finalize the deal in the next few days, the people said. Mirae Asset had already invested in SpaceX at the beginning of the year.
Apple officially allows iOS to issue NFTs, but refuses to break the 30% fee tradition
Recently, Apple updated its overseas version of the AppStore review guidelines, adding rules related to NFTs and cryptocurrencies. For the first time, Apple has formulated NFT-related rules for iOS applications. According to its updated review guidelines, apps can use internal payments to sell and sell NFT-related services, such as minting, listing, and transfer, which also means that overseas iOS developers will be able to build their own NFT platforms in the Apple ecosystem.
Apple emphasizes in the guidelines: “Apps allow users to browse collections of NFTs owned by others, provided the app does not contain buttons, external links, or other calls to action that direct customers to in-app purchases of external products.” The purpose of the restrictions is to ensure that The issuance, minting, and trading of NFTs are all within Apple’s iOS ecosystem. Apple is reluctant to break its high commission model of 30% of the handling fee because of the popularity of the NFT concept. (Interface News)
Musk’s layoff plan is protested by Twitter employees
On October 25, according to media reports, employees of the social media platform Twitter were circulating an open letter protesting the plan of the world’s richest man, Elon Musk, to fire 75% of the company’s employees. “Elon Musk’s plan to fire 75% of Twitter’s workforce will damage Twitter’s ability to serve the public conversation,” Twitter employees said in the letter. “A threat of this level is reckless and undermines our users and customers. Trust in our platform is a clear intimidation of employees.” Twitter employees demanded that Musk promise to keep Twitter’s current workforce if his acquisition goes through. They also demanded that Musk refrain from discriminating against employees based on political beliefs, commit to a fair exit policy and communicate more about working conditions.
Study finds: More Americans use TikTok to watch news
On October 25th, a new survey by the Pew Research Center in the United States showed that more and more Americans are getting news through TikTok. The survey shows that the percentage of Americans getting news from TikTok has tripled since 2020. Currently, about 10 percent of U.S. adults regularly get news through the app. Among adults under 30, that jumped to 26 percent. TikTok is increasingly acting like a news app, in contrast to what the research center has found on other platforms, where news consumption is stagnant or declining. (Phoenix Technology)
Apple’s AR/VR environment interaction system patent granted
Recently, Apple’s “system, method and graphical user interface for interacting with augmented and virtual reality environments” patent was granted on October 18.
The patent abstract shows that a computer system in the patent simultaneously displays in an augmented reality environment a representation of at least a portion of the field of view of one or more cameras including corresponding physical objects, the representation being changed as the content of the field of view changes. updating; and virtual user interface objects in the virtual user interface at respective positions determined based on the positions of the respective physical objects in the field of view. While the input is detected at the location corresponding to the virtual user interface object, in response to movement of the corresponding physical object, the system adjusts the appearance of the virtual user interface object based on the amount of movement of the input relative to the corresponding physical object.
VERTU’s first Web3 mobile phone is about to go on sale, starting at 23,800 yuan
Recently, the British luxury mobile phone brand VERTU released its first Web3 mobile phone “METAVERTU” in London, and the mobile phone will be released globally on November 3. According to reports, the phone can switch between Web2.0 and Web3.0 systems with one click, including functions such as copyright camera one-click generation of digital collections, private communication and DAPP applications, equipped with Snapdragon 8GEN1 chip, including 18G memory + 1T storage + 10TB Distributed storage.
The starting price of this mobile phone is 23,800 yuan, of which the carbon fiber model starts at 25,800 yuan, and the high-end crocodile leather model ranges from 46,800 yuan to 300,800 yuan. Leifeng Network Leifeng Network
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