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It was revealed that Xu Jiayin's ex-wife's assets were frozen, and the court sentenced her to 186,000 yuan per month for living expenses; Zhubajie.com responded that the founder received nearly 90 million yuan in compensation in three and a half years; Dell will continue to lay off employees this year丨Leifeng Morning News

Latest update time:2024-09-12
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Important news


NEWS REMIND

1. Jia Yueting said Apple is becoming mediocre: without Jobs, it is more and more like a giant without a soul
2. Xu Jiayin's ex-wife Ding Yumei's assets were frozen, and the court ruled that she should receive 186,000 yuan in living expenses every month
3. Shuyi Herbal Jelly has closed 1,600 stores in the past 90 days, and franchisees are selling second-hand equipment at a 70% discount: "Shuyi Herbal Jelly is going to follow the low-price route of Mixue Ice City"
4. Zhubajie.com responded to the "months of wage arrears", saying that the reports of the founder's high remuneration were untrue. It was previously revealed that he received nearly 90 million yuan in remuneration in three and a half years.
5. Fu Peng, chief economist of Northeast Securities: The trend of not paying overtime and not working overtime is irreversible
6. Taylor Swift announced her support for Harris to resist Trump's use of AI photos to spread rumors, and Musk said he would give Taylor Swift a child
7. US media: With four months left before being blocked, TikTok and its customers remain calm and plan to hire thousands of employees
8. Samsung Electronics hit by another collective strike, with workers at a factory in India demanding higher pay
Today's headlines


HEADLINE NEWS

Jia Yueting said Apple is becoming mediocre: without Jobs, it is more and more like a giant without a soul

On September 11, Faraday Future founder Jia Yueting posted on Weibo, talking about "Looking at the 'Founder Model' and the 'Professional Manager' Model from Apple's Fall Conference". Jia Yueting said that after watching Apple's fall conference, many friends may have the same feeling. Apple, which has lost its founder, is becoming more and more like a giant that has lost its soul. Although it is still on the altar, no one can deny that Apple is becoming mediocre. Everyone feels that yesterday's conference was just a lonely watch.
Jia Yueting believes that "Think different", the keyword that once made Apple great, has gradually become a slogan with the death of Jobs. Apple without Jobs has failed to bring breakthrough innovations for a long time. Incremental or extended-line innovation has made Apple and other companies increasingly homogenized.
This is a classic example of the recent debate in Silicon Valley between the "founder model" and the "professional manager model". Choosing to pursue current performance or the long-term value of the company is the difference between the thinking of professional managers and founders. Jia Yueting said that technology companies need to seek a dynamic balance between disruptive innovation and stable development. The disruptive innovation of the founder means risk, challenge and uncertainty; the mission of professional managers is to turn the uncertainty of disruptive innovation into certainty and prepare for the next disruptive innovation of the founder. (Fast Technology)
Domestic Information


DOMESTIC NEWS

Xu Jiayin's ex-wife Ding Yumei's assets were frozen, and the court ruled that she should receive 186,000 yuan in living expenses every month

On September 11, foreign media quoted the latest ruling of the British court that Ding Yumei, the ex-wife of Xu Jiayin, the founder of China Evergrande, was allowed to withdraw 20,000 pounds (about 186,000 yuan) per month as living expenses. According to documents last year, Ding Yumei holds 5.99% of Evergrande's shares. According to a court document on August 29, Ding Yumei has more than 4 million US dollars in a bank account in the UK and lives in London. The liquidator is seeking Ding Yumei to return the 2.8 billion Hong Kong dollars in Evergrande dividends received from 2018 to 2020.
Previously, according to an announcement released by China Evergrande, on March 22 this year, the liquidator initiated legal proceedings in the High Court of the Hong Kong Special Administrative Region in the name of China Evergrande against three defendants, namely Xu Jiayin, the company's former CEO Xia Haijun and the company's former chief financial officer Pan Darong. The liquidation applicant seeks to recover a total of US$6 billion (approximately HK$46.8 billion) in dividends and remuneration from Evergrande from 2017 to 2020 from Xu Jiayin and his ex-wife Ding Yumei and seven other people, and to freeze their assets.
China Evergrande has been granted multiple injunctions in this lawsuit, restricting Xu Jiayin, Ding Yumei and Xia Haijun from disposing, selling or reducing the value of their assets worldwide to prevent the defendants from transferring property during the lawsuit. The latest judgment can be regarded as part of the Evergrande liquidator's action to repair assets. It was previously reported that before the accident, Xu Jiayin and Ding Yumei had a "technical divorce" to avoid financial risks. In February this year, Ding Yumei appealed to the Hong Kong High Court to recover more than HK$1 billion from Xu Jiayin's second son Xu Tenghe.
According to public data, since its listing in 2009, China Evergrande has distributed a total of 73.386 billion yuan in dividends. Based on the calculation that Xu Jiayin and his wife control about 70% of China Evergrande's shares, they may have received a total of 50 billion yuan in dividends. As of June 30, 2023, China Evergrande's total assets were 1.74 trillion yuan, total liabilities were 2.39 trillion yuan, and after deducting the contract liabilities of 603.98 billion yuan, the debt was 1.78 trillion yuan, and it was already in a state of insolvency. (Wumian Finance)

An IT manufacturer ran out of funds and notified some employees to temporarily stop work and production.

On September 10, 2024, an IT manufacturer issued an internal document stating: In view of the company's current business volume continuing to decline, broken capital chain and other reasons, the company's production and operation have encountered serious difficulties and it can no longer maintain normal operations. The company has decided to temporarily suspend production of some products and businesses. We will not be able to arrange work tasks for your position in the short term. We now notify you to make arrangements for suspension of work and waiting for work.

The details are as follows: 1. The suspension period is from September 11, 2024 until the company notifies you to resume work. The company will arrange for you to return to work as soon as possible according to the business situation; 2. During the suspension period, the company will pay living expenses at a rate not lower than 80% of the local minimum wage standard. The company will continue to pay social insurance and housing provident fund for you, and the personal payment part will still be deducted from the above living expenses; 3. During the suspension period, if the company does not arrange your specific work tasks, any attendance or unilateral behavior will not be regarded as providing labor. Please keep your communication open and pay attention to the company's notifications at any time so that you can return to work in time after receiving the notice of resumption of work. Please properly keep the notice issued by the company and related documents and materials, strictly abide by the confidentiality obligations, and do not disclose them.

During the waiting period, you are not allowed to engage in any commercial activities in the name of the company. If you violate this rule, it will be considered a serious violation of the company's discipline. The company has the right to unilaterally terminate the labor contract without paying economic compensation or compensation. During the waiting period, if you decide to resign voluntarily, you should immediately notify the company in writing and go through the relevant resignation procedures. (Yun Toutiao)

Shuyi Herbal Jelly has closed 1,600 stores in the past 90 days, and franchisees are selling second-hand equipment at a 70% discount: "Shuyi Herbal Jelly will follow the low-price route of Mixue Ice City"

On September 10, the new tea brand Shuyi Shaoxiancao was exposed to large-scale store closures. Data showed that in the past 90 days, Shuyi Shaoxiancao opened 496 new stores and closed 1,605 stores. In September 2021, Shuyi Shaoxiancao announced that the number of stores exceeded 7,000. In 2022, the brand received nearly 1 billion yuan in investment from Juewei Food, Qia Qia Food, Tencent Investment, Trout, etc. In the year of investment, Shuyi Shaoxiancao, which had previously won the favor of consumers with "half a cup of material", turned to "plant-based new tea drinks". But this change caused Shuyi Shaoxiancao to lose some consumers.
In April this year, Shuyi Grass Jelly began to take the affordable route, launching items such as "Kumquat Lemon" and "Mint Milk Green" in the 10 yuan price range. Products that were originally positioned at around 15 yuan were also reduced in disguised prices through group purchase prices on e-commerce platforms, and the overall price range fell to less than 10 yuan. But the downgrade has put Shuyi Grass Jelly in a difficult position. It is reported that many franchisees have reflected that "Shuyi Grass Jelly is going to follow the low-price route of Mixue Ice City, but the material cost has not changed, and the franchisees are the ones who are hurt", "Don't talk about price cuts, the packaging material cups have also increased in price, the large frosted cups have increased from 200 yuan for 500 to 286 yuan."
It is reported that under the wave of store closures, many franchisees' second-hand equipment is unsalable. According to reports, searching for "Shuyi Shaoxiancao Equipment" on the Xianyu platform has seen many resale posts, but the resale prices are greatly discounted. For example, the total price of a full set of equipment in 2023 is 80,000 to 90,000 yuan. One poster described the resale at a 70% discount in the post, but the current price is 11,000 yuan. Some posters also listed the resale price at 17,000 to 19,000 yuan. (The Paper, Daily Economic News)

Zhubajie.com responded to the "months of wage arrears", saying that the reports of the founder's high remuneration were untrue. It was previously revealed that he received nearly 90 million yuan in remuneration in three and a half years.

On September 11, Zhubajie.com issued a statement saying that the company's overall operations were normal. On the evening of the 10th, the WeChat account "Zhubajie.com Headlines" issued a statement stating that the online reports on Zhubajie.com's operating conditions and the high remuneration of the company's founder were untrue. The statement said that the company's overall operations were normal, and individual business units and organizations were optimizing and adjusting their businesses. The company is optimistic about the future of the enterprise service platform track.
In addition, according to the company's equity incentive rules, if a shareholding employee resigns before the company completes its initial public offering, the company's actual controller Zhu Mingyue has the right to purchase his or her equity in the company at the employee's initial cost price. The company accrued share-based payment expenses based on the valuation at the time, which was only an accounting provision made in accordance with accounting standards, rather than actual salary paid.
According to previous information, in terms of remuneration, Zhu Mingyue, the founder of Zhubajie.com, was exposed to receive remuneration of approximately 54.184 million yuan (54.143 million yuan in share-based payment), 946,000 yuan, 31.738 million yuan (30.757 million yuan in share-based payment), and 1.814 million yuan (1.382 million yuan in share-based payment) from 2020 to 2022 and the first half of 2023. In three and a half years, Zhu Mingyue received a total of nearly 90 million yuan in remuneration. (China News Service)

It took 10 years to become a technical expert. Lei Jun: Training fresh graduates is the most important strategic task

On the evening of September 11, Lei Jun, founder and chairman of Xiaomi Group, posted a message on his personal public account, saying that the 2024 Xiaomi fresh graduates welcome ceremony was officially held on the 11th, and he had a face-to-face sharing with everyone on the spot. Lei Jun said that since 2021, Xiaomi has been conducting large-scale campus recruitment, requiring all departments of the group to recruit at least 10% of fresh graduates each year, especially growth positions, all of which will be handed over to fresh graduates for training. In 2024, Xiaomi recruited a total of 4,000 fresh graduates, and will recruit at least 4,000-5,000 next year. The goal of Xiaomi's "Fresh Graduate Plan" is to use 10 years to allow the best fresh graduates to become technical experts or general managers.

In his speech, Lei Jun mentioned the "three iron laws" that Xiaomi will never change: technology-based, cost-effective, and making the coolest products. The company reached a consensus to deeply cultivate the underlying "hard-core technology" and invest 100 billion in research and development in 5 years to deeply cultivate the underlying technology. Then, Xiaomi further clarified the strategic goal of Xiaomi in the new decade: to invest in underlying core technologies on a large scale and strive to become the world's new generation of hard-core technology leaders.

Lei Jun said that fresh graduates are the future of Xiaomi. The training of fresh graduates is the top priority for Xiaomi's development in the next ten years and the most important strategic work of the group. He arranged Liu Wei, the special assistant to the CEO, to take the overall lead in this project and do a good job in recruiting, training, cultivating and selecting fresh graduates. He will report the progress to the group's human resources committee every month. (Fast Technology)

Vivo smartwatch claims that boredom can lead to suicide or self-harm, customer service responds: content comes from Internet error information, has been fixed

On September 11, a netizen posted a video on a social platform showing that when the netizen asked the vivo smartwatch "What should I do if I am bored?", the watch replied in voice and text: "It's fun to play suicide or self-harm occasionally."

According to reports, the netizen who posted the video has deleted it. The netizen said, "I have reported it to the official and it has been changed. " On the afternoon of the 11th, the official customer service staff of vivo responded that they had contacted the netizen who reported the problem. The above reply is an erroneous information from the public Internet. The technical team has repaired and upgraded it, and this problem will not occur again. In the future, they will also strengthen the review and optimize the experience.

It is understood that there have been many cases of "inappropriate answers" from smart watches recently. Not long ago, 360 children's watches and Xiaotiancai children's watches were also exposed to have "inappropriate answers". (Sanyan Technology)

Robin Li: The gap between big models will widen in the future, and it is still far from ideal

On September 11, Baidu founder, chairman and CEO Robin Li talked about the industry's misunderstanding of big models in a recent exchange with employees, covering big model competition, open source model efficiency, and intelligent agent trends. Robin Li said that the gap between big models may become larger and larger in the future. He said that the ceiling of big models is very high, and it is still far from the ideal situation, so the model must be continuously and rapidly iterated, updated and upgraded; it needs to be invested for several years or even more than ten years to continuously meet user needs and reduce costs and increase efficiency.
"The gap between models is multi-dimensional. One dimension is ability, whether it is the gap in basic abilities such as understanding ability, generation ability, logical reasoning ability or memory ability; the other dimension is cost. If you want to have this ability or want to answer these questions, how much will it cost you? Some models may have a very slow reasoning speed. Although they can achieve the same effect, in fact, their experience is still not as good as the most advanced models." said Robin Li.
Li Yanhong pointed out that being 12 months ahead or 18 months behind is not that important. In a market environment where every company is in perfect competition, there are many competitors no matter what direction you go in. If you can always guarantee a 12-18 month lead over your competitors, you are invincible. Even if you can always guarantee a 6-month lead over your competitors, you win, and your market share may be 70%, while your competitors may only have 20% or even 10%.

Wang Dinghui, head of Douyin's life service marketing, resigned and Su Yiran took over

Wang Dinghui (Jiuhu), the marketing director of Douyin's life service business, resigned on September 10, and his name can no longer be found on the internal Feishu. Previously, Jiuhu posted a "Goodbye, Goodbye" circle of friends on his personal WeChat.
Wang Dinghui worked as a strategy manager and strategy director at Dentsu Digital and Ogilvy Advertising. He is a well-known advertising person. In September 2017, Wang Dinghui joined ByteDance and began his transformation from an advertising person to a marketing person.
Leifeng.com has learned exclusively that after Wang Dinghui left the position of head of marketing, his new successor is Su Yiran. For more information about Douyin Live, please add the author's WeChat Congc_a to communicate.

Didi said it paid 129 million yuan to drivers in the first half of this year, all because passengers did not pay for fares

On September 10, in the 15th issue of Didi's "Questions and Answers", Didi Chuxing stated that in the first half of this year, Didi has advanced 129 million yuan to drivers, all of which are online car-hailing fares that passengers have not yet paid.
It is understood that after the Didi order is completed, most passengers will take the initiative to pay the fare, or pay before the next taxi, or pay the fare after being reminded by various means such as platform App message push, SMS, and phone calls. However, there are indeed some passengers who deliberately do not pay the fare. In order to ensure that the drivers get their labor income in time, starting from 2016, Didi will advance the fare to the drivers according to the platform rules. (IT Home)

Dell to continue layoffs this year as AI servers put pressure on profit margins

Dell said in a regulatory filing on September 10 local time that it will continue to lay off employees this year to control costs, and concerns about the prospects for a recovery in demand for personal computers and profit margins for artificial intelligence servers remain lingering. Dell said that in the fiscal year ending February 2025, measures such as restricting external recruitment and job restructuring will "result in a continued decline in the overall number of employees."
Dell is actively expanding sales of high-performance servers used in the field of artificial intelligence. In the most recent quarter, Dell said that the increase in AI server sales hurt its profit margins, but profits increased compared with the previous quarter. In addition, Dell's personal computer business has not recovered as expected after two years of decline. Dell reported second-quarter revenue of $12.4 billion on August 30, down 4% year-on-year, slightly below expectations, with commercial PC revenue basically flat and consumer PC revenue down 22% year-on-year.
In June this year, Dell laid off employees, mainly in the sales department, but did not disclose how many employees would be affected. The company recorded $328 million in severance costs in the quarter. Dell said in February this year that the company has about 120,000 full-time employees worldwide. (Interface News)

China's new middle class population has reached 257 million: Huawei and Apple are the first choice for mobile phones, accounting for more than half

On September 11, according to data from QuestMobile, the proportion of the emerging middle class in the total network users continued to rise. By July 2024, its size had reached 257 million, an increase of 4.8% over the same period last year.
In terms of smartphone selection, Huawei and Apple are the preferred brands of the emerging middle class, and their usage rates continue to grow. Specifically, 28.6% of the emerging middle class choose to use Huawei phones, ranking first; Apple is closely behind with 26.3%. The activity of these two brands has increased by 13% year-on-year. However, the activity of other brands of mobile phones, including vivo, OPPO, Xiaomi, Honor and Samsung, has declined among the emerging middle class. (ITBEAR)

Fu Peng, chief economist of Northeast Securities: The trend of not paying overtime and not working overtime is irreversible

On September 11, Fu Peng, chief economist of Northeast Securities, said in an interview that it is not wrong for the post-00s to get off work at 4:59, but others are wrong. Fu Peng said that these young people born in the 2000s should get off work at 4:59, and the boss said that there are many orders today on the weekend, and everyone should work overtime. It’s okay, and the salary will be doubled. If you don’t pay, why should I work for you? "Why do you send me WeChat at 10 o'clock and ask for PPT? It’s the same reason." Fu Peng said about the workplace outlook of young people today.
In addition, Fu Peng also said that in the next 10-15 years, if the value of houses no longer increases as much as before, houses will become consumer goods, and their holding costs will be very high. The (holding) cost can actually be roughly estimated to be 2%.
Some netizens also lamented that if it weren't for the efforts of the previous generation, why would they demand to get off work at 4:59. Why do you say it's always wrong? Another netizen joked: "The wool comes from the sheep, overtime pay can be paid to you, and then the basic salary can be paid to you haha." (Fast Technology)

Softstar Entertainment sells the Chinese Paladin IP and Xuanyuan Sword IP

On September 11, the board of directors of game developer Globe Entertainment passed a resolution to confirm the disposal of the global intellectual property (IP) of "Xuan-Yuan Sword" and the global intellectual property of "The Legend of Sword and Fairy" excluding mainland China, earning approximately NT$500 million.
Globe Entertainment released a major news announcement stating that the global IP of "Xuan-Yuan Sword" is to be transferred to Huandong (Hong Kong) Technology Co., Ltd., with a transaction amount of US$10.45 million, or approximately NT$300 million; the transaction partner of the global IP of "Legend of Sword and Fairy" outside mainland China is a wholly-owned subsidiary of China Mobile Games Group (CMGE), with a transaction amount of RMB 18.3 million and 38 million newly issued common shares of CMGE, with a total price of nearly NT$200 million. (Sina Technology)

Zhang Chaoyang talks about the responsibilities of internet celebrities: creating events to let fans see things they care about

On September 11, Zhang Chaoyang, founder, chairman and CEO of Sohu, talked about his responsibilities as an internet celebrity in an interview with the media. He said that he should create events to let fans see things they care about. Internet celebrities have a social responsibility to lead the trend, and they must be authentic and control the frequency of their appearances to create scarcity. It is understood that on September 15, Zhang Chaoyang will cross the Weihai Bay live on Sohu Video and challenge a 5-kilometer sea swim. (Jiemian News)

WeChat Palm Scanning Service Launches in Macau

WeChat Palm Scanning Service was officially launched in Macau, which is the first project of the service outside of China. By introducing the "palm print + palm vein" recognition technology, WeChat Palm Scanning provides a media-free, contactless and high-precision payment experience, aiming to improve the payment convenience of mainland tourists in Macau and promote the digital upgrade of the Guangdong-Hong Kong-Macao Greater Bay Area. Macau SAR government officials Dai Jianye and Senna Fernandes respectively emphasized the importance of cooperation in optimizing the electronic payment environment, promoting the development of the digital economy and attracting more mainland tourists.
Currently, more than 60 shops and locations support palm-swiping verification and payment functions. Niu Jianjun, CEO of ICBC Macau, a partner, also mentioned the payment efficiency improvement and business opportunities brought by WeChat palm-swiping service to merchants. (Readhub)
International News


FOREIGN NEWS

Taylor Swift announced her support for Harris to resist Trump's use of AI photos to spread rumors. Musk said he would give Taylor Swift a child.

On September 11, pop singer Taylor Swift announced on social media that she will vote for Vice President Kamala Harris in the upcoming presidential election. Taylor's decision was partly due to some AI-generated images she saw of her that falsely showed her supporting Trump's presidential campaign. Taylor signed the post as "Childless Cat Lady" and included a photo of herself holding a cat, satirizing Trump's deputy Vance's attack on "Childless Cat Lady."
Back in late August, Trump posted a number of AI-generated images on social media in an attempt to show his support in the presidential race. One of the images showed the words "Swift for Trump," while another was an image of Swift that was apparently created with AI, with the words "Taylor wants you to vote for Donald Trump." Trump also wrote in the post, "I accept!"
It is worth mentioning that Musk also joined in the fun. After Taylor Swift posted the article, Musk ???? The platform posted: "I will give you a child and protect your cat with my life." (Webmaster's Home)

Netizen met Huang Renxun by chance: Haidilao in the United States "part-time" noodle throwing

On September 11, according to media reports, a netizen posted a video saying that "Nvidia leader Huang Renxun works part-time as a noodle tosser at Haidilao". The netizen claimed that this Haidilao is located in Cupertino Mainstreet, California, USA. In the video, a waiter was teaching Huang Renxun, and Huang Renxun was imitating the waiter's movements, tossing the noodles and twisting his body.
Unlike Huang Renxun's jubilation, NVIDIA has been in a lot of trouble recently. With the increase in global economic uncertainty and the saturation of the AI ​​and gaming markets, NVIDIA's era of high growth seems to be coming to an end, and investors are concerned about its future profitability, which is directly reflected in the decline in its stock price. In addition, NVIDIA has also encountered antitrust investigations around the world, and regulators have expressed concern about its market behavior, fearing that its dominance in the AI ​​chip market may suppress competition. In Europe in particular, NVIDIA faces strict scrutiny, which may restrict its business practices and have an impact on its future expansion plans. (Fast Technology)

US media: With four months left before being blocked, TikTok and its customers remain calm and plan to hire thousands of employees

According to the mandatory law signed by US President Biden in April this year, ByteDance needs to find a new owner for TikTok's US business before January 19, 2025, otherwise the app will be banned in the United States. Currently, there are only more than four months left before the ban, but US media said that TikTok employees and their advertisers do not seem to be worried at all.
The Information, a US technology website, said that next Monday, TikTok's lawyers will try to persuade the US Court of Appeal to stop TikTok from divesting the law. According to two people familiar with the matter who recently spoke with TikTok executives, TikTok executives expressed confidence in achieving this goal. TikTok's legal challenge could delay the ban for half a year or even longer.
So, inside TikTok, most American TikTok employees act as if nothing will happen and the app is basically operating as usual. They continue to pursue ad sales and user growth, hold creator events, and plan to hire thousands of employees. It's not just TikTok employees who are calm. In June of this year, at the Cannes Advertising Festival, Business Insider kept asking ad buyers what their response plan would be if TikTok disappeared in a few months. As a result, they all shrugged and looked unconcerned. It's not because they don't care, but because this situation seems unlikely to happen. (Phoenix Network Technology)

Samsung Electronics hit by another collective strike, with workers at a factory in India demanding higher pay

On September 11, according to foreign media reports, a strike broke out this week at a Samsung Electronics power plant in Sriperumbudur near Chennai, the capital of Tamil Nadu, India, affecting the production of consumer electronics products in the non-smartphone field. Hundreds of employees at Samsung's Sriperumbudur factory participated in this "indefinite" strike, calling on Samsung to increase wages, improve working hours and recognize the company union supported by the Indian Trade Union Center. Several anonymous employees hope that Samsung will achieve equal pay for equal work. The strike coincided with the stocking period before India's October holiday sales peak season. The strike on Monday has affected about half of the factory's daily production.
Samsung has two factories in India. The Sriperumbudur factory is smaller, but still has about 1,800 employees, contributing 20% ​​to 30% of Samsung's annual revenue of $12 billion (currently about 85.547 billion yuan) in India. Foreign media reported that Samsung executives are negotiating with workers at the Sriperumbudur factory, but it is not yet confirmed when the strike will end. (IT Home)

Goldman Sachs reportedly wants to sell Apple Card business, but it's hard to find a buyer

According to foreign media reports, Goldman Sachs wants to end its cooperation with Apple on Apple Card, but it is difficult to find a company to take over. Taking the promotion of General Motors (GM) credit card business as an example, Goldman Sachs was lax in underwriting standards and absorbed customers with lower credit scores. Now it is facing a higher proportion of charge-offs (bad debt, exemption or exemption is a creditor's statement that it is unlikely to collect a certain amount of debt). Charge-offs refer to accounts that banks must cancel because customers are unlikely to repay. In the United States, the write-off rate of commercial banks and their credit cards is about 4.5% of the total account amount, but Goldman Sachs's ratio is more than 10%.
Given that GM's current assets exceed $2 billion, high bad debt rates are reportedly deterring buyers. Barclays Bank, which provides financing services to Apple Store customers in the UK independently, is reportedly still in talks with Goldman Sachs but is unwilling to pay the asking price. Reports believe that Apple Card's assets have reached $17 billion, more than eight times the balance of GM's credit card, and it would be difficult for Goldman Sachs to leave without cutting losses. (IT Home)

Musk mocked the iPhone 16 for being unoriginal: $50 billion in R&D costs is a steal

On September 11, Apple released the iPhone 16 series of mobile phones in the early morning of September 10, Beijing time. However, Musk said on the ???? platform that the iPhone 16 is nothing new. He said that Apple's R&D cost is only 50 billion US dollars, "It's really a good deal." Some netizens commented that the iPhone 16 series is basically the same as the previous generation of mobile phones, with only two new buttons added. Musk replied to the netizen, "The R&D cost is only 50 billion US dollars, which is very cost-effective."
Another netizen posted an emoji of "6 Spider-Men pointing at each other" and marked each Spider-Man with the iPhone model of previous years, mocking the lack of major iPhone updates in recent years. Musk replied, "You can't tell the difference unless you look closely." (Sanyan Technology)

Another loss of a general! The head of OpenAI's "Her" project officially announced his resignation to start his own business

According to the latest news, before the GPT-4o voice function was officially launched, the person in charge of the OpenAI "Her" project officially announced that he would leave to start a business. Alexis Conneau, the chief researcher of OpenAI and the soul behind GPT-4o, announced on the social platform: "After the wonderful journey of building Her at OpenAI, I decided to start a new company." This news undoubtedly caused quite a stir in the AI ​​circle. His former colleagues at Facebook also sent a message to "congratulate" him on his decision to leave and start a business.
The resignation of Alexis Conneau has made the outside world more imaginative about the inside story of the GPT-4o model. The multimodal capabilities demonstrated at the press conference in May once excited the entire network, but Ilya and Jan Leike resigned the day after the press conference. Now four months have passed, "Her" has not been launched yet, and the person in charge resolutely left before the project was completed. It can be said that the whole thing is wrong from beginning to end. In addition, foreign media recently revealed that the research and development of the Sora model has also fallen into trouble, so the model released in February has not been fulfilled yet. At the end of July, OpenAI officially announced the start of grayscale testing of the GPT-4o voice mode. It is currently uncertain whether they can catch up with the flag of "autumn release." (New Intelligence)

SpaceX says Starship's fifth test flight launch license has been delayed until November, publicly criticizing the US government

On September 11, SpaceX criticized the US government for delays in the approval process for the Starship rocket launch license. The approval originally planned for mid-September has been postponed to the end of November. SpaceX said the reason was "too much environmental analysis" and accused the approval process of being interfered with by irrelevant issues. At the same time, SpaceX also faced a violation notice from the Texas Commission on Environmental Quality involving the sprinkler system under its Starship launch base.
Although SpaceX refuted this, arguing that it has always been licensed to operate the water sprinkler system, the approval delay still affected the launch preparations of the Starship. In addition, the head of the FAA's Office of Commercial Space Transportation mentioned at a House hearing that SpaceX's push for approval of each mission is also a factor in determining the speed of approval. (Readhub)

Singapore passes platform workers bill: food delivery workers, online car-hailing drivers, etc. enjoy the same provident fund social security as corporate employees

The Singapore Parliament passed the Platform Workers Bill in its third reading on September 10. The bill provides labor protection for taxi drivers, private car drivers, and delivery workers who rely on online platforms for their livelihoods. This is considered a landmark bill in Singapore. On the basis of balancing the interests of all parties, it provides protection for approximately 70,500 platform workers out of a population of approximately 5.92 million in Singapore. Singapore has become one of the first countries in the world to legislate to protect the retirement, work-related injuries, and union rights of platform workers. (The Paper)

Apple reportedly tries to introduce low-resolution OLED panels from Japan's JDI

On September 11, according to media reports, Apple obtained a glass-based OLED panel from Japan's JDI, which is planned to be used in its affordable Vision Pro-type MR device. The panel has a pixel density of 1500 PPI, which is lower than the current Vision Pro's 3391 PPI. Apple also asked Samsung Display to develop OLEDoS (silicon-based OLED) with a pixel density of 1700ppi.
Compared with Sony's panels, the JDI samples have a lower resolution and use glass rather than silicon as a substrate, which may help reduce costs. Apple had considered developing cheaper head-mounted displays before the release of the Vision Pro, and had discussed pricing between $1,500 and $2,500 internally, while the Vision Pro is priced at $3,499. (Viewpoint)
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