today’s headlines
Gome stopped paying wages and asked employees to sign a letter of understanding. Huang Guangyu and his wife cashed out 1 billion
On the evening of November 3rd, #GOMEStopping Employee Salary# topped the trending search list, sparking heated discussions. It is reported that at the recent general meeting of Gome headquarters, Huang Xiuhong, chairman of Gome Electric, said that the company will only provide social security to employees before the end of December, and will no longer pay wages. Huang Xiuhong also added: In the medium and long term in the future, there will also be uncertainty in the payment of wages. After the meeting, the company will issue a letter of commitment, and employees can go to their supervisor to sign. Some Gome employees said: This is a disguised force to resign.
Earlier, according to Gome’s announcement, on September 14 and 15, Huang Guangyu and Du Juan sold 1.528 billion shares of “Gome Retail” through three transactions, cashing out a total of HK$295 million. This sudden reduction of holdings, which was not disclosed in advance, directly triggered a sharp drop in Gome’s share price of more than 20% that day. As of September 21, “Gome Retail” fell for seven consecutive trading days, with a total decline of more than 34%. According to statistics, since the end of December last year, Huang Guangyu and his wife have cashed out a total of 960 million Hong Kong dollars, and their shareholding ratio has dropped from 61.50% to 42.80%. (Tencent News)
Domestic information
Ni Jun, the chief manufacturing officer of CATL, said that the cost pressure is high, and it costs hundreds of billions of dollars to purchase every year.
On November 3rd, at the 2022 Hangzhou Yunqi Conference, Ni Jun, Chief Manufacturing Officer of CATL and President of Engineering Manufacturing System, delivered a speech on the theme of “Opportunities and Challenges of Lithium Battery Manufacturing in the Era of Intelligent Manufacturing”.
Ni Jun revealed in his speech that CATL spends hundreds of billions of dollars on procurement every year, and the mobilization of electrolytes and other materials by internal logistics also ensures timeliness. Ni Jun also said that the entire lithium battery industry is expensive, especially raw materials. He hopes to reduce industry costs by recycling raw materials and using processed materials. (Red Star News)
Lenovo Group’s second-quarter revenue of $17.09 billion
On November 3, Lenovo Group announced the results for the second quarter of the 2022-2023 fiscal year: revenue reached 116.9 billion yuan, a year-on-year increase of 3% excluding the impact of exchange rate fluctuations; net profit was 3.7 billion yuan, a year-on-year increase of 5.7%.
According to Jiemian News, Lenovo Group released its interim results for the 2022-2023 fiscal year. The revenue for the six months ended September 30 was US$34.045 billion, a year-on-year decrease of 2%. The revenue of the smart device business group decreased by 7% year-on-year; equity; Profit attributable to holders was US$1.057 billion, a year-on-year increase of 8%. Revenue in the second quarter was US$17.09 billion, down 4% year-on-year; profit attributable to equity holders was US$541 million, up 6% year-on-year. The board of directors declared an interim dividend of HK 8 cents per share for the six months ended September 30, totaling approximately US$123.6 million.
WeChat search result ads are online
On November 3, the WeChat advertising team announced the launch of WeChat search result ads to support bidding promotion capabilities. WeChat search result advertisement supports 6 major promotion goals, including public account promotion, sales lead collection, product promotion, brand activity promotion, application promotion and mini game promotion, and supports 3 landing pages of native promotion page, WeChat applet, and custom link type.
According to the WeChat advertising team, based on WeChat search capabilities, WeChat search result ads can support the sale of various search terms such as brand words, category words, and common words, and can also use the ability to expand more related words by using the ability to expand words with words.
Alibaba Dharma Academy has open sourced 300+ AI models and launched the AI model community “Magic Build”
On November 3, at the 2022 Yunqi Conference in Hangzhou, Alibaba DAMO Academy and CCF Open Source Development Committee jointly launched the AI model community “Magic” ModelScope.
There are more than 300 open source models in the first batch of MODA community, including the main AI directions such as vision, speech, natural language processing, and multi-modality, and are exploring new fields such as AI for Science, covering more than 60 mainstream tasks. The models have been screened and verified, including more than 150 SOTA models and more than 10 large models, which are fully open source and open for use. (IT House)
Xiaodu was fined 250,000 yuan for claiming that the headset was certified by the Ministry of Industry and Information Technology
Recently, Shanghai Xiaodu Technology Co., Ltd. was fined 250,000 yuan by the Shanghai Pudong New Area Market Supervision and Administration Bureau for violating the Advertising Law. The reasons for the punishment show that the “Xiaodu Active Noise Cancelling Smart Headphones Pro” sold by the parties obtained the “Innovation Evaluation Certificate” issued by the artificial intelligence of the National Industrial Information Security Development Research Center, which is the Ministry of Industry and Information Technology. A directly affiliated institution, and the above-mentioned artificial intelligence institute is one of the business departments of the institution.
After obtaining the above-mentioned certificate for the product, the party used the advertising language of “Ministry of Industry and Information Technology” and the graphic content of the relevant certificate on its sales page, which violated the Advertising Law “Advertising must not have the following circumstances: (2) Use or disguise Use of the names or images of state organs and state organs’ staff”.
Zhengzhou Foxconn’s salary doubled
According to media reports, after a large number of employees returned to their hometowns, Zhengzhou Foxconn is currently facing the problem of how to make up for production capacity. The factory encouraged employees to stay with high salaries and tried to recruit new employees. According to an internal recruitment information, Foxconn offered a high price of up to 65 yuan per hour to recruit hourly workers. This is more than double the salary of about 30 yuan in the peak season. The “rebate” model, with 55 days of attendance and 90 days of employment, the highest salary is 18,600 yuan, which is also 8,000 yuan higher than the peak season. Some employees in the factory said, “The most important thing is how much money you can earn and how to protect your own life. Now the subsidy of 400 a day is a very high salary in Zhengzhou. If you can manage it well, the employees will definitely be willing to work. “(Interface News)
Great Wall Motor invested in the establishment of a semiconductor technology company with a registered capital of 50 million yuan
On November 3, Great Wall Motor Co., Ltd. newly invested in Wuxi Innos Semiconductor Technology Co., Ltd. (referred to as Innos).
It is reported that Innosilicon was established on November 1, 2022, the legal representative is Zheng Lipeng, and the registered capital is 50 million yuan. Among them, Wei Jianjun and Han Xuejuan hold 99% and 1% of Wensheng Technology (Tianjin) Co., Ltd. respectively. Great Wall Motors was established on June 12, 2001. Its legal representative is Wei Jianjun. Its registered capital is about 9.236 billion yuan. Its business scope includes: manufacturing, development, design, research and development of automobiles, auto parts, accessories and cutting tools. The company’s major shareholder is Baoding Innovation Great Wall Asset Management Co., Ltd., holding 55.85% of the shares. At present, the company has a total of 77 foreign investment enterprises.
14.8 million property frozen at station B
Recently, the pre-litigation property preservation documents of Shanghai Bilibili Technology Co., Ltd. and Shanghai Runmei Property Management Co., Ltd. were made public. The document shows that Shanghai Runmei Property Management Co., Ltd. applied to the court for pre-litigation property preservation on October 8, requesting to freeze more than 14.8 million yuan of bank deposits under the name of Shanghai Bilibili Technology Co., Ltd. or property of corresponding value. After review by the court, the ruling shall be enforced. Bilibili applied for reconsideration, and the court found that the property preservation application of Runmei complied with the law. As for whether Bilibili needs to pay Runmei the air-conditioning fee, etc., it will be decided after the case is heard. Therefore, Bilibili’s application for reconsideration is rejected.
WeChat PC version update supports extracting text from pictures
A few days ago, WeChat released the Windows 3.8.0 update, adding three very useful functions, including the ability to extract and translate text in pictures, to share chat records in the group when inviting friends into the group, and the ability of group owners or group administrators to Pin the message in the group to the top. Specifically, the new version can extract the text content in the picture without manual typing, which solves the problem of text editing; sharing group chat records can help friends who have just joined the group to understand the messages that have been sent in the group before, such as notifications. Information, no need to publish it in the group.
The Ministry of Industry and Information Technology approved China Unicom to re-cultivate the 900MHz frequency band spectrum resources for 5G system
On November 3, according to the website of the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology recently approved that China Unicom will re-cultivate the frequency resources of the 904-915/949-960MHz frequency band (900MHz frequency band) currently used for 2G/3G/4G systems. for 5G systems.
According to reports, the Ministry of Industry and Information Technology approved China Unicom to use the 900MHz frequency band to carry out 5G services, which will further expand my country’s low-frequency 5G industry space and expand the coverage of low-frequency 5G networks, which will help people in rural and remote areas to further enjoy high-quality 5G Serve. (IT House)
China Mobile’s patent for cross-metaverse item processing is announced, enabling cross-virtual world transactions
According to the China Patent Publication Announcement of the State Intellectual Property Office (Application Publication No.: CN115271964A), the patent of Migu Culture Technology Co., Ltd. “Transverse Cosmos Item Processing Method, Device, Equipment and Storage Medium” was recently announced.
The patent filed by Migu Culture Technology Co., Ltd. is titled “Method, Apparatus, Equipment and Storage Medium for Handling Cross-Dimensional Items”. The description of the patent abstract states: The present invention discloses a method, device, device and storage medium for processing items across the metaverse, the method comprising: when a request for selling items on the public chain in the first virtual world is detected, determining and The transaction chain of the second virtual world matched by the item; if the item is not on the chain in the transaction chain, a non-fungible token product of the item is created on the transaction chain, and the The smart contract on the transaction chain of the non-fungible token product. The present invention can realize item transfer between multiple virtual worlds. (IT House)
OnePlus has now fully entered OPPO offline channels
On November 3, Li Jie, President of OnePlus China, announced that OnePlus mobile phones have fully entered OPPO offline channels, covering 90%+ prefecture-level cities, 2,800 districts and counties, and 4,000+ core business districts. 5000+ stores, and provide After-sales service.
IT Li Jie previously said that the blessing of channel resources obtained after integrating with OPPO is very important for OnePlus, “There are more offline experience stores, so that more users can contact and experience OnePlus, I believe OnePlus Plus will grow very fast. Deploying offline is also very helpful to online, because many people need to experience before placing an order or buying a mobile phone.” (IT Home)
Tencent TIM cloud file function will stop service on December 5
Recently, Tencent TIM App released an announcement that TIM “cloud files” will stop serving. The announcement stated that due to business adjustments, the TIM “cloud file” function will stop serving on December 5, 2022. It is recommended to back up important files in cloud files as soon as possible to avoid the impact of the function stopping service. The announcement shows that the functions of mobile phone files, Tencent documents and Weiyun cloud disk are not affected by this business adjustment. (Tech Planet)
International information
SK Hynix gave up on joint acquisition of ARM, Son Masayoshi asked too much
It is reported that South Korean semiconductor company SK Hynix has taken a step back in the joint acquisition of ARM. Experts say ARM is losing its appeal as a takeover target due to the exorbitant price Son demanded. At the end of October, SK Hynix said in its disclosure that it would not seek a joint acquisition of ARM, in stark contrast to a statement issued by the company in March. At the time, SK hynix said: “We are constantly reviewing various strategic options, including the joint acquisition of ARM, to enhance our business competitiveness and enhance our corporate value.”
Musk plans to cut 50% of employees at Twitter, cancel telecommuting policy
On November 3, Musk plans to lay off about 3,700 jobs at Twitter, accounting for half of Twitter’s total workforce. The aim is to cut costs after its $44 billion acquisition. In addition, Musk also plans to cancel the company’s current telecommuting policy, requiring remaining employees to come to the company to work.
Musk and his team of advisers are weighing plans for layoffs and other policy changes at Twitter, the terms of which could still change, according to people familiar with the matter. In one option under consideration, severanced employees would receive 60 days of severance pay, two people familiar with the matter said. (Netease News)
Intel responds to the delay in mass production of new products: its batch SKUs are ready for product release
In response to the news that the mass production of the new product Sapphire Rapids has been delayed, Intel responded to a reporter from the “Science and Technology Innovation Board Daily”: “As we shared in the third quarter financial report, the batch SKUs of Sapphire Rapids are ready for product release. And it is expected that all SKUs will have a very strong increase in sales. It is worth noting that we have just recently announced that Sapphire Rapids will be officially released on January 11, 2023 Beijing time.” (Financial Associated Press)
Amazon announces suspension of new hires due to deteriorating economic environment
On November 3, Amazon announced that the company had decided to suspend hiring new employees due to the deteriorating macroeconomic outlook. Beth Galetti, senior vice president of human resources, posted the memo to employees the previous day on the company’s website.
Galetti said Amazon is facing an unusual macroeconomic situation, and the company wants to balance hiring and investment with the external environment. She noted that in the company’s history, there have been years of significant headcount expansion and years of belt tightening. Galetti added that if employees leave, the company will still fill vacancies accordingly. At the same time, in some targeted businesses, the company will still “incremental recruitment”. (Financial Association)
Meta India head leaves to join rival Snap
On November 3, Facebook parent company Meta announced that Ajit Mohan, the head of its India operations, had left. Mohan joined Meta in January 2019 as Vice President and General Manager of India Operations. During his tenure, Facebook apps, including Instagram and WhatsApp, added more than 300 million users in India and made a series of ambitious investments.
Meta India director and head of partnerships, Manish Chopra, will take the vacancy left by Mohan on an interim basis, a Meta India spokesman said. Mohan will join Meta rival Snap and serve as president of Snap’s Asia-Pacific business after his departure, according to people familiar with the matter. Snap is the parent company of photo-sharing app Snapchat. (Sina Technology)
Former Apple employee faces up to 25 years in prison for fraud over 120 million yuan
News on November 3, according to relevant information reports, Dhirendra Prasad, a 52-year-old Apple employee, has been charged with email and wire fraud, and has been in office for 10 years by means of theft, receiving kickbacks, and false invoicing. The illegal profits exceeded 17 million US dollars, or about 113 million yuan.
He was able to reap huge financial benefits mainly because he was in charge of component purchases and services for Apple’s global supply chain. During his ten-year tenure from 2008 to 2018, he joined two other people and carried out crazy money-making behaviors. The employee is understood to face up to 25 years in prison under local law, and a hearing on his sentencing will begin on March 14 next year. (Sohu Technology)
Chip giant Qualcomm announces hiring freeze
On November 3, Qualcomm released its fourth-quarter earnings report. According to the report, Qualcomm’s fourth-quarter revenue was US$11.396 billion, a year-on-year increase of 22%; net profit was US$2.873 billion, a year-on-year increase of 3%. At the earnings conference, Qualcomm CEO Ammon told the media that the semiconductor industry is facing macroeconomic headwinds that “we are not immune to”. The company has implemented a hiring freeze and is preparing to cut operating expenses further as needed.
DOJ launches antitrust probe into Adobe’s acquisition of Figma
Adobe has reportedly announced the acquisition of design software company Figma for $20 billion. But the U.S. Justice Department is investigating the deal, according to people familiar with the matter.
The Justice Department has communicated with Figma customers and competitors as part of an investigation to determine whether the deal would harm competition, the people said. Adobe responded that it had had productive discussions with the Justice Department to ensure they fully understood the implications of the merger. (Sina Technology)
BYD to invest around US$583 million in three new factories in Brazil
According to foreign media reports, BYD will invest 3 billion reais about 583 million US dollars to build three new factories in Bahia, one is responsible for manufacturing the chassis of electric buses and electric trucks; one is responsible for processing iron phosphate and lithium; one is responsible for manufacturing Pure electric vehicles and plug-in hybrid vehicles. The first two plants will start operating in October 2024, while the other will be commissioned in January 2025.
As part of the agreement, the Bahia government will provide BYD with tax incentives until December 2032, while the company will commit to hiring local construction companies and suppliers. If the plan goes well, BYD will hire and train 1,200 workers locally. (IT House)
Microsoft invests in Wemade, maker of Legends games
On November 3, Wemade, the developer of the “Legend” series of games, announced that in a new round of investment, it has received about 46 million US dollars (currently about 336 million yuan) from a number of companies, including Microsoft. . While it’s unclear how much of the $46 million came from Microsoft, Wemade said it was “very successful in attracting strategic foreign investors from well-positioned”.
Wemade was founded in 2000 and mainly develops PC and mobile games. The company’s most famous franchise is the “Legend” series of MMORPG games. (IT House)
Meta steps up NFT promotion: Instagram creators can sell NFTs directly to fans
News on November 3, Meta is reportedly expanding the launch of NFTs (non-fungible tokens) on its platform despite a slowdown in digital asset trading. Meta recently said that creators on Instagram will be able to make and sell their own NFTs — digital assets representing art or images that cannot be replicated — directly to followers on and off the platform. Instagram already allows users to display NFTs on their pages.
In addition, rival Reddit launched collectible avatars in July this year, and users have responded enthusiastically – nearly 3 million users currently hold these digital assets. That number exceeds the 2 million buyers on OpenSea, the largest NFT marketplace, according to blockchain analytics firm Dune. Leifeng Network
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