GitLab Disable Windows
Recently, some netizens found that in the article “Onboarding and Device Management” on GitLab’s official website, it clearly pointed out the restrictions on its employees in terms of computer operating systems: Linux and Apple’s macOS are allowed, but Microsoft’s Windows is prohibited.
GitLab’s rationale for this ban on Windows is based on two main reasons: Because Windows dominates the desktop operating system, it is also the most attacked platform for spyware, viruses, and ransomware. macOS comes preinstalled on Apple computers, and Linux is also free to use. But if you want to use Windows, you must buy Windows Professional, because the preinstalled Windows Home Edition is difficult to ensure security and does not meet GitLab’s security guidelines.
GitLab pointed out that, combined with the performance of Windows in the past, it has many security holes, it is often the target of various malware attacks, and it is also the main place for ransomware… Anyway, from a “security perspective”, GitLab restricts the use of Windows. there are many reasons. In contrast, macOS and Linux have the ability to ensure the security and stability of the platform, which meets the basic needs of GitLab. Of the many Linux distributions, GitLab especially recommends Ubuntu: it is extremely responsive in patching security holes.
Domestic News
Kingsoft Cloud CEO Wang Yulin resigns, vice chairman acting CEO
On the evening of August 8, Kingsoft Cloud’s official website announced that Wang Yulin resigned as CEO, director and member of the Nomination and Corporate Governance Committee due to personal health reasons, effective immediately, and vice chairman Zou Tao was appointed as acting CEO, immediately. effective.
Wang Yulin’s resignation comes as Kingsoft Cloud is preparing for a dual listing in Hong Kong. On July 27, 2022, Kingsoft Cloud officially submitted an application for Dual Primary Listing in Hong Kong, and continued to maintain its primary listing status and trade on the Nasdaq.
Kingsoft Cloud’s adjusted net loss in the first quarter of 2022 was 450 million yuan, compared with an adjusted net loss of 218 million yuan in the same period last year; adjusted EBITDA was -152 million, and adjusted EBITDA in the same period last year was -48.56 million yuan. What happened behind Wang Yulin’s departure? What is the real reason why Lei Jun started Kingsoft Cloud? Leifeng.com will launch an in-depth article “One Dream in Ten Years of Kingsoft Cloud” in the near future, to explore the deep reasons of Kingsoft Cloud’s high opening and low decline, executive turmoil, and CEO resignation, and to interpret this classic business case that comes first and then arrives. Welcome to follow and break the news, the author WeChat: nanjieyu
A big scandal broke out in the public offering fund industry: a number of fund managers were investigated for over-the-counter options
On the evening of August 8, a rumor that “a number of fund managers were investigated for over-the-counter options” quickly stirred up the entire fund industry. It mentioned that a number of public fund companies were involved, especially the fund managers of a top public fund manager. was “taken away”. According to the daily economic news report, some users on the microblogging platform broke out the big melon, and many fund managers were investigated for doing over-the-counter options, involving many fund managers, and even some fund managers were taken away. Some people from South China Public Funds said, “This rumor that more than 300 fund managers are involved is a bit outrageous.”
Another public fund source said, “It has nothing to do with our company.” Some people in the fund industry said that under normal circumstances, public funds are not allowed to participate in over-the-counter option transactions, and the investment scope in the public fund contract does not include options. If a fund manager illegally uses OTC options to trade privately and is suspected of manipulating the market, the nature will be completely different. According to industry insiders, before a fund manager opens a position, he first places an order for a call option (leverage is generally more than 10 times) at a brokerage through the OTC option channel (usually private placement). The rise in foreign options can exceed 500% and is a violent and covert method. Most domestic stocks generally use call options, because put options are not easy to do, it is not easy to sell securities, and it is not easy to hedge. As for call options, some can hedge the risk of call options through stock indexes or buying individual stocks. (First Finance and Economics)
Huawei Pollen Club outage, moved to my Huawei App in the fourth quarter
On August 8, Huawei Pollen Club issued an announcement on the adjustment of the operation and services of the Pollen Club. Said that due to business development adjustments, the original relevant data of the Pollen Club (including but not limited to users’ published posts, comments, medals, followers, fans, etc.) and business are expected to be migrated to my Huawei App in the fourth quarter of 2022. At the same time, the App, PC and Wap terminals of the Pollen Club will stop operating services. After the operation is stopped, the pollen club APP, PC and Wap will not be able to newly register, log in, publish content, and view published content. Users can log in to My Huawei APP to publish content and view published content.
WeChat: Internet rumors that “only 7 circles of friends will be sent a week” are false news
On August 8, the WeChat Security Center issued an announcement stating that “WeChat can only send 7 Moments a week” is false news. The WeChat platform welcomes everyone to express sincerely through Moments and share life with friends. Rumors about WeChat restricting its circle of friends have previously surfaced online, sparking discussions, and it’s unclear where the news originally came from.
Meituan responds to the price increase of shared bicycles: it will be adjusted in the near future but there will be discounts
Recently, Meituan Bicycle announced that due to the increase in hardware and operation and maintenance costs, starting from 23:00 on August 10, 2022, the bicycle riding card without discount will be adjusted. The price of the day card without discount is adjusted to 35 yuan, and the price of the 90-day card without discount is adjusted to 90 yuan. On August 8, the customer service of Meituan Bicycle responded that the original price of the riding card has been adjusted, but the riding price will remain unchanged, and the purchase of the riding card will be more favorable, and coupons will be issued from time to time.
Alibaba: Dual primary listing expected to take effect by year-end
Alibaba announced on the Hong Kong Stock Exchange on the evening of August 8 that on August 8, 2022, the Hong Kong Stock Exchange issued a confirmation of receipt of the application for conversion to a major listing according to the guidance letter for the change of listing status. Alibaba expects the main conversion to take effect before the end of 2022.
According to The Paper, after Alibaba’s dual main listing in Hong Kong and New York, the depositary shares listed in the United States and ordinary shares listed in Hong Kong can still continue to be converted into each other, and investors can continue to choose to hold Alibaba shares in either form. It will attract more international capital to transfer to Hong Kong. (Leifeng Network)
Baidu Li Yanhong: The concentration will lead Tesla
On August 8, at Jidu’s first auto robot ecological partner conference, Baidu founder, chairman and CEO Li Yanhong delivered a live speech via video connection. Li Yanhong said: “For smart cars, our judgment is, Electrification is the midfield, and intelligence is the end game. In terms of autonomous driving technology, Jidu will lead the Tesla generation. Baidu is confident and very patient, and will continue to do so firmly.”
Li Yanhong said that in the next 10 to 20 years, Baidu will also insist on pressure-type and marathon-type investment to ensure absolute leadership in artificial intelligence and autonomous driving technology. Li Yanhong judged that by 2030, electric vehicles without self-driving capabilities will be completely uncompetitive. (Source: The Paper)
The live broadcast room of the Oriental selection was limited, and Douyin New Oriental denied it
On August 8, New Oriental Online said, “I have not received a notification of Douyin’s current limit. At present, the company is vigorously developing its own products, and the relevant content will be disclosed in the next financial report.” Recently, many consumers have suspected The Dongfang selection live broadcast room was restricted by Douyin, and left a message under the video whose popularity declined, saying, “I haven’t browsed (the Dongfang selection live broadcast room), but I clicked it myself.” Although both parties denied the news, Dongfang It is also true that both selection popularity and sales are declining.
According to the data of Cicada’s mother, on August 7, the sales of Oriental Selection were 14.577 million yuan, the lowest since August. Since it became popular on June 9, the total sales of the live broadcast room in the two months have been 1.44 billion yuan, and the sales in the past month have been 570 million yuan. As of the close on August 8, New Oriental Online reported HK$19.76 per share, down 9.57%, with a total market value of HK$19.805 billion.
China’s first fully unmanned autonomous driving operation
On August 8, Baidu announced that it had obtained a license for the fully automated and driverless taxi (Robotaxi) service on open roads in Chongqing and Wuhan. This is the first case in the country. “The road permit qualification was obtained last week, and it will be opened to the public this week.”
Wei Dong, vice president and chief safety operation officer of Baidu’s autonomous driving business group, said, “This is the first time that fully unmanned autonomous driving has carried people on open roads and is operating commercially.” Wei Dong added that the latest fully unmanned vehicle approved for commercial operation There are no safety officers in the robo-taxi, only the passengers themselves. (Source: Sina Technology)
The Ministry of Industry and Information Technology will accelerate the implementation of the “robot +” application action
On August 9, the press conference of the 2022 World Robot Conference showed that the scale of my country’s robot industry continued to grow. In 2021, the output of industrial robots will reach 366,000 units, a year-on-year increase of 67.9%. The output of service robots reached 9.214 million units, a year-on-year increase of 48.9%. In the next step, the Ministry of Industry and Information Technology will further maintain the stability of the robot industry chain and supply chain, accelerate the implementation of the “robot +” application action, and support the digital transformation and intelligent upgrade of various industries.
Cyberspace Administration of China: QQ, Kuaishou and other platforms should continue to investigate and deal with fraudulent information, group circles, and accounts
According to the news on August 8, according to the WeChat public account of “Netcom China”, during the summer vacation, the Anti-Fraud Center of the National Cyberspace Administration of China monitored and found a number of telecommunication and network fraud incidents against minors. Criminals often use joining the “star fan QQ group” as bait, claiming that they can receive gifts or star signatures after completing tasks, and induce minors to transfer money or pay bills; some claim to give game equipment for free, and then pass “activation fees, authentication fees” , verification fee” to defraud minors of money, seriously endangering the physical and mental health of minors.
The Cyberspace Administration of China stated that the website platform actively fulfilled the main responsibility for information content management, and played a role in handling fraudulent and harmful information and rectifying telecommunication network fraud. At the same time, it should be noted that some website platforms still have problems such as inadequate awareness of responsibilities and imperfect systems and mechanisms. The Cyberspace Administration of China pointed out that social platforms such as QQ, Kuaishou, and short video platforms should implement information content management requirements, continuously investigate and deal with fraudulent information, group circles, and accounts; establish and improve account monitoring and early warning mechanisms to detect and deal with abnormal accounts in a timely manner. Implement the real-name registration system for accounts; establish and improve the fraud reporting mechanism, promptly handle and feedback fraud reports from netizens; conduct security assessments on existing applications, businesses, and technologies, and rectify those that do not meet the requirements.
international News
iPhone will redisplay battery percentage after 5 years gone
Apple’s fifth beta of iOS 16 has resurfaced a feature that many iPhone users have long missed: the battery percentage displayed in the status bar at the top of the screen. In the latest beta version of iOS 16, the battery percentage is written into the battery icon as a number, leaving enough space to display cell phone signal information and Wi-Fi status. This means that users don’t need to swipe down the screen to see the exact battery percentage.
An Apple spokesperson did not immediately say whether this battery percentage adjustment would carry over to the final version of iOS 16. This update is currently only available in the developer and public beta versions. The new iOS system will be released this fall, possibly in September, when Apple is expected to release the iPhone 14. Previously, in 2017, Apple released the iPhone X with a “notch” that left little room for the battery status indicator. Therefore, Apple has hidden it in the notification shade, which can be accessed by swiping down. Since then, the battery percentage has been hidden there, only visible on the home screen on iPhone models with the Home button. (Phoenix Technology)
iPhone 14 Pro from about 8999 yuan
Apple has now started the recording of the conference video, and the final conference date will be set on September 13. According to Apple’s practice, the iPhone 14 series after this conference will be launched on September 23. According to recent supply chain news, the iPhone 14 standard version will not increase in price this time, and will still maintain the starting price of 5,999 yuan for the previous generation. The two models of the iPhone 14 Pro series will likely usher in price increases this time. The iPhone 14 Pro is expected to start at 8,999, and the iPhone 14 Pro Max is expected to start at 9,999.
Some netizens have previously reported that after upgrading to iOS 16 Beta 4, the iPhone already supports the use of Siri’s new voice shutdown, and now according to the latest feedback, Apple in the iOS 16 Beta 5 update, the iPhone canceled the Siri voice shutdown, which has become the previous tradition. remind. You need to hold down the physical button and drag the slider on the screen.
Vision hits record $21.7 billion SoftBank loss
On August 8, SoftBank pointed out that due to the sharp drop in the stock prices of its holding companies, the unlisted companies held by the two Vision Funds recognized a total of 1.14 trillion yen in asset impairments last quarter, and the fund suffered a total loss of 2.93 trillion yen in a single quarter ( nearly $21.7 billion). SoftBank Group posted a net loss of 3.16 trillion yen ($23.4 billion) in a single quarter, the largest single-quarter loss in history, after posting a profit of 761.5 billion yen in the same period last year.
To raise cash, SoftBank has sold major holdings including Uber Technologies Inc. and online trading platform Opendoor Technologies, realizing a total of $5.6 billion. SoftBank’s disastrous performance is not surprising, as the Vision Fund lost $26 billion in May alone. The total market value of SoftBank’s second-stage Vision Fund holdings at the end of last quarter was $37.2 billion, down $11 billion from the original holding cost of $48.2 billion.
Masayoshi Son, founder and CEO of SoftBank, has previously promised to tighten investment standards while retaining cash to survive the downturn. On August 8, he pointed out in his earnings report, “The market is in chaos, and technology stocks are falling.” Son also admitted that, “The proportion of companies investing in new startups is indeed too high, and the stock prices of these companies have bubbled.” SoftBank also announced that it has authorized the purchase of treasury shares, which is worth 400 billion yen, a measure that may help to reassure shareholders. .
India plans to squeeze Chinese phone makers out of the ‘sub-$150’ low-end market
News on August 8th, India seeks to restrict Chinese smartphone makers from selling devices priced below 12,000 rupees (about 150 US dollars), thereby boosting India’s waning local mobile phone industry, a move that will affect Xiaomi, Realme and China. Brands such as Transsion constitute an impact.
According to market research firm Counterpoint, smartphones under $150 accounted for one-third of India’s mobile phone sales in the second quarter of 2022, with up to 80% of them being occupied by Chinese companies. It is unclear whether the Indian government will announce any policies or use informal channels to communicate preferences to Chinese companies, the people said. Many Indian media have forwarded the above report. Since July, Indian law enforcement authorities have raided the production and business premises of a number of Chinese mobile phone manufacturers in India, citing tax issues.
Netflix CEO predicts traditional TV show will die in 5 to 10 years
On August 9th, Netflix CEO Reed Hastings (Reed Hastings) said on the earnings call that everyone is pouring into streaming media, and the “traditional TV programming system” (Linear TV) will be in 5 to 10. Died within the year. “Traditional TV program system” refers to the content consumption mode in which no on-demand and users must watch programs according to the broadcast schedule.
Netflix’s second quarter 2022 financial report showed that the company’s revenue was $7.97 billion, an increase of 8.6% year-on-year, lower than expected. Netflix lost 970,000 paid subscribers in the second quarter, but the drop was less than the 2 million expected. This is the second quarter that Netflix has experienced a decline in subscribers. (Source: Sina Technology)
Tesla’s new factory in Canada: Musk has already deployed
On the morning of August 9, according to reports from many foreign technology media, Tesla, the global leader in electric vehicles, has begun to lobby the Ontario government of Canada, intending to build a new electric vehicle factory in the region. According to foreign media, according to documents recently submitted to the Ontario lobbyist registry, Tesla hopes that the provincial government will speed up the approval process to improve the competitiveness of the region and the ability to attract capital investment. Tesla is reluctant to repeat the lengthy process of building the Berlin factory, and the company made it clear in the document that getting a factory permit quickly is very helpful to the company’s business.
Qualcomm to buy an additional $4.2 billion in chips from GlobalFoundries
In the morning news on August 9, according to documents released on Monday, Qualcomm agreed to purchase an additional $4.2 billion worth of semiconductor chips from the New York factory of semiconductor foundry company GlobalFoundries, which brings its total purchases to 2028. $7.4 billion. The additional purchase deal expands on a previous $3.2 billion agreement between Qualcomm and GlobalFoundries to collaborate on the production of chips for 5G transceivers, WiFi, automotive and IoT connectivity.
Nvidia’s second-quarter revenue fell 19% quarter-on-quarter amid sluggish gaming demand
On the evening of August 8, according to reports, Nvidia (Nvidia) issued a warning today, saying that due to the sluggish game business, revenue in the second quarter would fall by 19% from the previous quarter, causing the company’s stock price to fall about 5% in early trading. The decline over the same period also saw Xbox maker Microsoft’s gaming revenue slump, while PlayStation maker Sony lowered its forecast, both due to a decline in consumer demand for games.
Nvidia released preliminary second-quarter results. Revenue is expected to be $6.7 billion, down 19% sequentially and up 3% year-over-year, mainly due to the sluggish performance of the gaming business. The revenue fell short of Nvidia’s previous forecast of $8.1 billion and analysts’ average estimate of $8.1 billion. Nvidia expects game business revenue to reach $2.04 billion in the second quarter, down 44% month-on-month and 33% year-on-year. In contrast, data center business revenue will reach $3.81 billion, up 1% sequentially and up 61% year-over-year.
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