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The film and television hurricane science video was forced to be removed from the entire network, exposing a series of operations by the platform to compress the image quality; Jia Yueting established a personal IP company; Lei Jun clarified online that "friendly competitors are XX"丨Leifeng Morning News

Latest update time:2024-10-10
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Important news


NEWS REMIND

1. It is said that Kimi is testing the deep reasoning function internally, and a team will work overtime for seven days during the National Day holiday
2. Revealing that the platform reduced the bit rate and other operations to compress the image quality, the film and television hurricane removed the video and became blurry. Popular science video: Due to various reasons, it had to be removed from the entire network. iQiyi responded
3. Internet celebrity Da Lan recommended "full-position aggressive" stock trading, and netizens entered the market and got trapped. He responded: I made the right prediction but was cyberbullied
4. Jia Yueting established a personal IP company, half of the proceeds were used to pay off debts and half to help FF build cars, saying that debt repayment must be completed after returning to China
5. Luo Yonghao's sharp review of Apple HomePod: Siri is still mentally retarded
6. After raising $6.6 billion, OpenAI said it should no longer rely too much on Microsoft and instead work with Oracle
7. It is said that OpenAI asked the new round of investors not to invest in its competitors. Musk responded: OpenAI is really evil
Today's headlines


HEADLINE NEWS

It is said that Kimi is testing the deep reasoning function internally, and a team will work overtime for seven days during the National Day holiday

The news that "Kimi is conducting internal testing of the deep reasoning function" has attracted widespread attention in the industry. Some netizens broke the news that Kimi's team worked overtime for seven days during the National Day holiday and received three times the salary. According to people familiar with the matter, Kimi is preparing to launch a very powerful function related to deep thinking. In the next version, there will be a "deep reasoning" switch under the search entrance, which can answer questions that simple searches cannot solve, and even conduct self-reflection, so the progress has been crazy during the National Day holiday. As for when the new version will be released, there is no news yet.

The internal testing of the new function aims to improve the machine's ability to understand context through more complex algorithms and models. In future conversations, Kimi will not only be a simple question-and-answer robot, but will be able to have deeper conversations, understand intentions and provide corresponding suggestions. This technology hopes to break through the limitations of current smart assistants, allowing machines to better reason and judge when understanding user needs, and provide more accurate and personalized services. (Dachang Youth)

Domestic Information


DOMESTIC NEWS

Revealing that the platform reduces the bit rate and other operations to compress the image quality, the film and television hurricane removed the video and became blurry. Popular science video: Due to various reasons, it can only be removed from the entire network. iQiyi responded

Recently, Hurricane Film and Television released its latest video: "The clarity is not as good as it was 4 years ago! Is the blurry video just an illusion?" The video explains how video platforms reduce traffic costs by reducing the video bitrate, changing the encoding format, and other methods to compress the quality of uploaded videos. Some video websites even dynamically adjust the video based on the number of views. When the number of viewers is small, they will give a higher bitrate. Once the video becomes popular and the number of viewers increases, they will reduce the bitrate and adjust the format to save traffic costs. In the video, Tim said that this method of compressing video quality has affected the blogger's content expression. As of noon on the 9th, the video has received more than 400,000 views on Bilibili.

However, on the afternoon of October 9, Film and Television Hurricane posted a message saying: "Due to various reasons, the video about the clarity has to be removed from the entire network. We still hope that Internet technology can continue to evolve so that everyone can see clearer videos." In fact, it is almost a well-known secret that domestic video platforms reduce the bit rate. As early as three years ago, the relevant topic was on the hot search. At that time, some people found that the clarity of 1080P on domestic video platforms was not as good as YouTube's 720P, and the difference with 4K was even greater.

According to reports, regarding the video clarity issue, iQiyi customer service responded that because the question is quite professional, it cannot be answered for the time being. A specialist will be arranged to verify and give an accurate answer after verification. If there is a problem found by self-inspection, it will definitely be handled. In response to this dynamic, Station A also responded quickly, forwarding the Weibo of Film and Television Hurricane and humorously stated: "Here, there is no extra charge for watching 4K content." At the same time, Station A did not forget to ridicule its own current situation: "Although we are facing business challenges, we will never compromise on the insistence on video quality."

It is worth noting that Film and Television Hurricane is one of the most professional teams in the domestic video industry, and is nicknamed "the quality leader" of Station B by netizens. The team has also been constantly exploring higher quality images , and has launched 4K and 8K quality images on Station B for the first time. It has also launched many popular science videos about videos, including video frame rate, etc. (Fast Technology, Phoenix Finance)

Breaking news: SAP China President Huang Chenhong resigns

On October 8, SAP's internal email stated that it plans to merge Asia Pacific Japan (APJ) and Greater China (GC) starting January 1, 2025. The new APAC region will consist of six markets (MUs): Australia New Zealand, Greater China, India, Japan, South Korea, and Southeast Asia. After this adjustment, Greater China will remain a multi-regional market and continue to provide excellent services to customers in mainland China, Hong Kong Special Administrative Region, and Taiwan.
Huang Chenhong, President of SAP Greater China, has decided to leave SAP to seek new development opportunities. Effective immediately, he will no longer be involved in the company's daily management. Effective immediately, Michael Locher Tjoa, Chief Business Officer of SAP Greater China, and Andy Watson, Senior Vice President of Business Transformation of SAP Customer Success, will jointly assume interim leadership responsibilities for Greater China to manage and advance the daily operations of Greater China.

At the same time, Paul Marriott, President of SAP Asia Pacific and Japan, will provide full support to help coordinate business operations in APJ and Greater China, and work closely with Michael and Andy to ensure that the transition to the APAC region can be completed smoothly in the first quarter of 2025. (Cloud Headlines)

Internet celebrity Da Lan recommended "full-position aggressive" stock trading, netizens entered the market and got trapped, responded: I made the right prediction but was cyberbullied

On October 10, Da Lan, a popular internet celebrity with millions of fans, released videos for several consecutive days, saying that "the bull market is coming", publicly predicting that the A-share market will rise sharply after the National Day holiday, and calling on netizens to "go all in". He also directly recommended stocks to netizens in some videos. However, many netizens who believed his remarks were trapped after entering the market, and they said they went to Da Lan's comment area to ask for an explanation, and many netizens even asked around for Da Lan's address.

In response, on the morning of October 9, Da Lan released a video saying that he had predicted everything correctly, but was still being bullied online. Da Lan said that he had successfully predicted the surge in stock No. 8, and many people who were not his fans came to scold him because they lost money on the stock. Because this matter was so popular, many people with ulterior motives shot videos to spread rumors, smear and slander him. For a time, all the criticism was directed at him, and the more he thought about it, the more wronged he felt.

Dalan said that the unprecedented and very strange ups and downs in the stock market were unimaginable in the past when information was not well developed. This black swan event was used by many people with ulterior motives to attack him. He was very sad to see many people scolding him, and everyone misunderstood him. "Can you understand the feeling of grievance of losing the game even though you calculated everything correctly? I think I am pretty good, and I think I am a kind person."

It is worth mentioning that Dalan has removed all videos that predicted a sharp rise in the stock market and called on fans to invest in stocks, and set a setting in the comment area that "authors are only allowed to comment on their own." (Sanyan Technology)

JPMorgan Chase reduced its holdings of 28.68 million H shares of Ping An of China, cashing in about HK$1.514 billion. Media: Major shareholder's reduction of holdings was criticized for being ugly

On October 9, the Hong Kong Stock Exchange disclosed that JPMorgan Chase & Co. sold about 28.6808 million Ping An of China (02318.HK) H shares at an average price of HK$56.7338 per share on the exchange on October 4, cashing out about HK$1.514 billion. After this reduction, JPMorgan Chase held about 576 million Ping An of China H shares, and its shareholding ratio dropped from 8.08% to 7.72%.

It is worth noting that not long ago, JPMorgan Chase had increased its holdings of Ping An of China H shares. On September 25 and September 26, JPMorgan Chase increased its holdings of 60.7043 million and 39.8617 million Ping An of China H shares at an average price of HK$42.1232 and HK$44.4327 per share, respectively, at a cost of approximately HK$2.557 billion and HK$1.771 billion, respectively.

It is reported that hundreds of listed companies have issued announcements on reducing their holdings, and the pace of major shareholders' reduction has obviously accelerated, which has been widely criticized by netizens as "ugly eating". "It cannot be said that they are not compliant, let alone illegal, but they are ugly." (The Paper)

Jia Yueting established a personal IP company, half of the proceeds were used to pay off debts and half to help FF build cars, saying that debt repayment must be completed when returning to China

On October 9, Faraday Future (FF) announced that it had accepted a 10% share donation from the company "Grow! Strivers", which was originally held by FF's founder and chief product user ecology officer Jia Yueting. It is understood that Jia Yueting co-founded the new company "Grow! Strivers" with more than 10 partners from around the world on October 9. The company has been registered in the United States and China, and officially started recruiting global partners including global IP partners and supply chain partners.
Jia Yueting said that he would donate his 10% stake in the company to Faraday Future (FF). After this, FF will hold 10% of the company's shares, and Jia Yueting's shareholding ratio will become 7%. He also said that 50% of all future profits from the company will be invested in FF (through investment or borrowing), and 50% will be used to repay domestic debts. The profits from investing in FF will also be mainly used to repay debts in the future.
Jia Yueting also said: "Repaying debts and returning to China is something I must accomplish in the second half of my life. All I can do is persist, not give up, and keep moving forward. I hope that my personal donation of equity and income can effectively help realize FF's vision, and then help me to repay my domestic debts as soon as possible and return to China as soon as possible." (Fast Technology, Jiemian News)

Lei Jun clarified online that "Friendly competitors are XX": It came from the 2015 press conference and was misunderstood by many people

On October 9, Lei Jun reposted Xiaomi PR General Manager Wang Hua's explanation of the five words "golden glittering" on Weibo, saying that "Friendly competitors are XX" came from a press conference in 2015 and was misunderstood by many people. He also attached the original text, "The mobile phone industry has become an entertainment industry, and the manifestation is endless press conferences, and all press conferences have a common theme, which is the five words "golden glittering": Friendly competitors are sb, and Xiaomi is first of all sb. Whether it is discussed or laughed at by everyone, anyway, through the joint efforts of friendly competitors all over China, domestic mobile phones have become the mainstream of the market!"
Xiaomi PR General Manager Wang Hua also said: "I found that many people really remembered it wrong or didn't know it at all, so they were misled by the five words that were taken out of context on the Internet." Wang Hua said that he hoped everyone would help spread the word so that more people could know the true and complete situation. Netizens in the comment area "spoke up" for Lei Jun, saying that it was originally a self-deprecating remark, but it had been taken out of context for many years.
In addition, someone called on Xiaomi to "solve the issue of Lei Jun's AI voice cursing" in the comment section of Wang Hua, general manager of Xiaomi's public relations department, and @Xiaomi's legal department. Wang Hua responded that he had forwarded it to them. It is reported that during the National Day holiday, a large number of "Lei Jun's" speech videos appeared on short video platforms. In the videos, "Lei Jun" commented on many hot topics such as traffic jams and holiday adjustments. Many netizens joked that "Lei Jun scolded me for 7 days while surfing the Internet during the National Day holiday." (Bian Niu Shi)

Yu Youping, former vice president of Baidu Intelligent Cloud, was appointed as the president of Zhongguancun Kejin. He once publicly stated that large models are not a job that can be done by "lying under a big tree and enjoying the shade"

On October 9, it was reported that Yu Youping, former vice president of Baidu Smart Cloud and head of Application Product 1, who resigned at the end of August, has recently joined Zhongguancun Kejin, a large model technology and application company, as president and is fully responsible for the management of Zhongguancun Kejin. According to public information, Yu Youping graduated from Huazhong University of Science and Technology with a doctorate degree and an EMBA from Peking University Guanghua School of Management. He has many years of experience in product development and management of leading technology companies.
Yu Youping has worked at Baidu for 17 years. He joined Baidu's Commercial Product Marketing Department in 2007, where he was responsible for the design of multiple commercial products for search promotion and served as the main person in charge of Baidu Statistics. He has been promoted throughout his career at Baidu, serving as deputy director of the Big Data Department and general manager of the AI ​​Technology Ecology Department. Starting in 2024, Yu Youping will be fully responsible for Baidu's Intelligent Cloud Application Product Department 1, leading the R&D and operation of large model application products.
At this year's "AI Cloud Day: Baidu Intelligent Cloud Big Model Application Product Release Conference", Yu Youping publicly stated that big models are not "a job that can be enjoyed by lying under a big tree". The competition for the application of big models must be extremely fierce. The key lies in who can be faster and closer to actual needs, and who can achieve the perfect connection between technology, scenarios and needs. "The focus will gradually shift from technology to business, to products, and to applications. This is an inevitable trend."
At the end of August, after Yu Youping left, ACG's internal application product department 1 and department 2 were merged. The merged department was led by Baidu Vice President and former Baidu Netdisk General Manager Ruan Yu, and the head of application product department 2, Liu Bin, changed to report to Ruan Yu. (Shen Ma's circle of friends)

Luo Yonghao's sharp review of Apple HomePod: Siri is still mentally retarded

On October 9, it was learned that Luo Yonghao recently talked about the topic of products under his "subsidiary" Apple on Weibo. He said that although HomePod is a smart speaker, Siri is still very "retarded."
Luo Yonghao posted a picture and commented on two speaker products, Bose Soundlink Max and Apple HomePod. He said that Bose Soundlink Max is just a Bluetooth speaker, while Apple HomePod is a smart speaker (but it is useless, after all, Siri is still mentally retarded). Luo Yonghao believes that although the Bose speaker is 600 yuan more expensive and has an extra lithium battery than the Apple, it is completely inferior in terms of sound quality, "Don't buy it."
However, compared to the speakers, Luo Yonghao is quite dissatisfied with the mobile phone products of the "subsidiary". After the release of the iPhone 16 series, Luo Yonghao reposted a Weibo post and asked, "So... zero innovation again?" (CNMO Technology)

Many securities firms collectively voiced: Don't enter the market with the mentality of "grabbing quick money", and more than 100 listed companies announced reduction of holdings

On October 9, the performance of the A-share market attracted much attention from the market, mainly because investors who applied for new accounts during the National Day holiday could make their first transaction as early as October 9. On the eve of new investors entering the market, many large brokerage firms sent letters to new investors, saying that they should "not be anxious", have clear investment goals, not enter the market with the mentality of "grabbing quick money", and make disciplined investments rather than emotional investments; at the same time, they should make good fund planning, invest with spare money, not bet everything on one investment, and not let investment backfire on their lives.
It is worth noting that while the A-share market was in a frenzy, a wave of share reductions occurred among listed companies. According to media reports, from September 27 to October 8 this year, a total of 109 companies issued share reduction announcements. In the same period last year, no A-share company issued a share reduction announcement. (China Securities Journal)

After 46 months, Huawei's domestic smartphone sales surpassed Apple again

On October 9, market research firm CINNO Research published an article stating that after 46 months, Huawei's domestic mobile phone sales will once again surpass Apple in August 2024. IDC data shows that in the first half of this year, Huawei once again became the number one in China's smartphone market with a market share of 17.5%, and its mobile phone shipments in the first and second quarters increased by 110% and 50.2% respectively.
It is understood that Huawei released new phones such as the Pura 70 series and nova Flip this year. Huawei said that the sales of nova Flip exceeded 45,000 units in 72 hours after its launch, an 85% increase in Pocket S sales year-on-year. At the same time, after the launch of nova Flip, Huawei's share of the small folding category exceeded 70%. As an imaging flagship, Huawei's Pura 70 series covers a price range of 5,499 yuan/unit to 10,999 yuan/unit. TechInsights said that in the second quarter, the proportion of Pura and Mate series in Huawei's total shipments increased significantly year-on-year, helping to increase the average selling price of Huawei mobile phones.
Huawei's operating results for the first half of 2024 show that Huawei achieved sales revenue of 417.5 billion yuan in the first half of the year, a year-on-year increase of 34.3%, and a net profit margin of 13.2%. Based on this calculation, Huawei's net profit in the first half of 2024 will be 55.11 billion yuan, breaking the 50 billion yuan mark for the first time. (Zhongguancun Online)

Wang Teng denies Xiaomi Civi series phones will be discontinued: will continue to be made

On October 9, Xiaomi Group partner, president, president of the mobile phone department, and general manager of Xiaomi brand Lu Weibing announced a personnel change yesterday. Civi product manager Hu Xinxin rotated to the Redmi team and served as Redmi product manager.
Wang Teng, Vice General Manager of Xiaomi China Marketing Department and General Manager of Redmi Brand, also sent a message to congratulate Hu Xinxin for joining the Redmi team. Some netizens asked in the comment area whether the Civi series would be cancelled. Wang Teng responded: "We will continue to do it." (Bianniushi)

ByteDance initiates option repurchase: current employees receive $180.7 per share, and former employees receive $153.6 per share

On October 9, according to a resigned ByteDance employee, ByteDance has just released the latest round of option repurchase emails. The notice shows that the pre-tax repurchase price for current employees is $180.7 per share, which is approximately RMB 1,266.24 before tax. The resigned employees will receive $153.6 per share, which is approximately RMB 1,076.34 before tax.
According to public information, ByteDance's last repurchase was in April 2024, half a year after this repurchase. Compared with April, the repurchase price of ByteDance's employees this time has increased by 5.79%, which means that ByteDance's valuation has risen again. (Bianniushi)

Black Myth: Wukong Steam sales exceed 21 million copies, revenue exceeds $1 billion

On October 9, according to statistics from game market research organization VG Insights, the estimated sales of the Chinese game "Black Myth: Wukong" on the Steam platform have reached 21 million copies, with revenue exceeding US$1 billion (approximately RMB 7.08 billion).
Earlier, at the Tokyo Game Show (TGS) event, "Father of PS" Ken Kutaragi revealed that Black Myth: Wukong had sold 20 million copies across all platforms in its first month, which made Chinese players very excited. Now, the sales on Steam have exceeded 21 million copies, further proving the popularity of the game. (Webmaster's Home)

Baidu may plan to launch driverless taxis overseas

On October 9, according to foreign media reports, as the competition for the commercialization of self-driving cars heats up, Chinese Internet giant Baidu plans to launch Apollo Go, a robot taxi service, outside of China. The report said that Baidu's move comes as Tesla is preparing to launch its Robotaxi this week. Other Chinese companies such as Pony.ai and WeRide are also eyeing overseas markets, hoping to take the lead in the competition for self-driving cars. (IT Home)
International News


FOREIGN NEWS

After raising $6.6 billion, OpenAI said it should no longer rely too much on Microsoft and instead work with Oracle

On October 9, after raising $6.6 billion from several financial companies, OpenAI executives have informed employees that the organization will play a greater role in protecting data centers and AI chips, and will no longer rely solely on Microsoft.
The report said that because Microsoft's Azure cloud service cannot meet the surging AI computing needs, OpenAI is seeking to cooperate with Oracle to explore and expand other data center options. The report said that the contract signed by OpenAI and Microsoft allows it to explore other data center options, and the company has reached a deal with Oracle in June this year.
The source also revealed that OpenAI is currently negotiating with Oracle to lease a large data center in Abilene, Texas, U.S. The Abilene data center is expected to be equipped with hundreds of thousands of Nvidia AI chips by mid-2026, and the power consumption may be close to 1 gigawatt.
Microsoft plans to provide OpenAI with about 300,000 of Nvidia's latest GB200 graphics processors by the end of next year, which will be used in data centers in Wisconsin and Atlanta. Altman has asked Microsoft to speed up the progress of the Wisconsin project, which may be partially opened in the second half of 2025. (IT Home)

TikTok responds to lawsuits filed by multiple U.S. states for allegedly harming teenagers: We strongly oppose it, many allegations are inaccurate and misleading

A bipartisan coalition of 14 state attorneys general announced on October 8 that they would file lawsuits against TikTok in their respective state courts. The states alleged that TikTok "put young people in danger and damaged their mental health." New York Attorney General James said: "Young people in New York and across the United States have died or been injured while doing dangerous TikTok challenges, and many more have become more sad, anxious and depressed because of TikTok's addictive features." California Attorney General Bonta said that so far, 23 state attorneys general have filed lawsuits against TikTok over its treatment of teenagers.
On the same day, TikTok issued a statement on the social media platform ???? in response, saying that the company strongly opposes these claims and believes that many of them are inaccurate and misleading. TikTok said that it has provided strong safeguards and voluntarily launched features such as screen time limits and privacy by default for users under the age of 16. The statement said, "For more than two years, we have been working hard with state attorneys general. It is incredible that they took this action instead of working with us to find constructive solutions to challenges across the industry." (Jiemian News)

The U.S. Department of Justice's plan to split up Google was exposed, forcing it to sell part of its business and restore search competition, which may be the first large-scale antitrust split in history

According to foreign media reports, the U.S. Department of Justice told a federal judge on Tuesday that it is considering recommending that the judge force Google to sell part of its business to reduce the harm caused by the company's monopoly in the online search market. If Google is split up, it will be the first time the U.S. government has sought to split up a company on the grounds of illegal monopoly since the Justice Department's failed effort to split Microsoft 20 years ago. The 32-page court document filed by the U.S. Department of Justice on Tuesday lists a framework for the judge to consider potential options when the case enters the remedial stage.
The Justice Department said in the document that it is "considering behavioral and structural remedies to prevent Google from using products such as Chrome, Play, and Android to gain an advantage over competitors or new entrants in Google Search and Google Search-related products and features." Google has gained benefits in scale and data by signing illegal distribution agreements with other technology companies to make its search engine the default option on smartphones and web browsers.
If the US Department of Justice's proposal is eventually supported by the court, Google will face the severe situation of being forced to sell part of its business. At present, Google has not yet made an official response to this matter. (Caizhong News)

It is reported that OpenAI asked the new round of investors not to invest in its competitors. Musk responded: OpenAI is really evil

Recently, OpenAI, a giant in the field of AI, successfully raised $6.6 billion in venture capital financing, which made its valuation soar to $157 billion, attracting widespread attention in the industry. However, according to three people familiar with the matter, OpenAI made special requirements to investors during the financing process, that is, not to support five rival AI companies including Anthropic.
In response to the exclusive investment rumor, Tesla and SpaceX CEO Elon Musk posted on social media: ???? , criticizing OpenAI's behavior and calling it "evil". However, Cathie Wood, CEO of ARK Invest, a new round of investors in OpenAI, refuted the report, calling it "untrue". At present, there is still controversy in the industry as to whether OpenAI does have exclusive investment requirements. (ITBEAR)

Apple Vision Pro head Dan Riccio to retire this month

On October 10, according to foreign media reports, Dan Riccio, who served as Apple's hardware executive for many years, will retire this month. He worked at Apple for 26 years. Before becoming senior vice president of hardware engineering in 2012, he led the company's iPad department.

Foreign media pointed out that as the company's hardware director, he was responsible for some of the company's most successful products, including AirPods and large-screen iPhones. He also led projects such as Apple Car (which ultimately failed to materialize) and Vision Pro (which has always struggled to gain a foothold).

In 2021, John Ternus replaced him as senior vice president of hardware engineering. At the time, he was said to be taking over an unspecified new project, which ended up being the company's VR headset. Now, the Visual Products Group will fall under Ternus, who is rumored to be a candidate to succeed CEO Tim Cook in the future. (Bianniushi)

Labor-management negotiations broke down again, Boeing withdrew its 30% wage increase proposal to the union

On October 9, Boeing (BA.US) and the International Association of Machinists and Aerospace Workers (IAM) broke down their negotiations to end the strike again. This indicates that the strike, which has lasted for nearly a month, will continue and Boeing's key manufacturing plants on the west coast of the United States that produce commercial aircraft will remain shut down.
Boeing and IAM negotiated with federal mediators on Monday and Tuesday over a plan for a 30% pay increase and improved retirement benefits, but the talks broke down and Boeing and IAM blamed each other for the deadlock, according to people familiar with the matter.
Boeing said it had withdrawn the proposal and said there was no point in further negotiations. Stephanie Pope, head of Boeing's commercial aircraft division, said: "Our team negotiated in good faith and put forward new and improved proposals to try to reach an agreement, including increasing take-home pay and retirement." "Unfortunately, the union did not seriously consider our proposal. The union's demands are non-negotiable and far beyond what can be accepted to maintain the competitiveness of the company." (Zhitong Finance)

OpenAI to open office in Singapore, expands Asia-Pacific presence

On October 9, OpenAI announced plans to open a new office in Singapore later this year and has begun to build a professional team in the country. This move marks a new stage in OpenAI's business expansion in the Asia-Pacific region, and Singapore will become an important hub for the company to provide support to customers and partners in the region.
“Singapore is a natural fit as Asia’s technology and financial hub,” said OpenAI’s CEO in a statement. “We believe that by establishing an office in Singapore, OpenAI will be better able to work with partners in the Asia-Pacific region to promote innovation and development of artificial intelligence technology and contribute to economic growth and social progress in the region.”
Currently, OpenAI has begun recruiting team members in Singapore, covering multiple fields such as technology research and development, marketing, and customer service. The company plans to complete the team formation in the next few months and officially open the Singapore office. (Global Network Technology)

British engineering company Senior fell 18.3% and plans to cut jobs to cope with the continued challenges in the aviation industry

Senior, a British engineering company and supplier to Boeing and Airbus, reportedly fell 18.3% to 120 pence, the lowest level since December 2022, and is on track to record its largest one-day drop since August 2020. On the news front, Senior announced that it would take two measures, vacation and layoffs, to deal with the ongoing strike in Boeing's commercial aircraft business and the supply chain problems faced by Airbus. Senior said in a statement: "While the full impact of the affected projects on the business is uncertain, the company has taken decisive action to control costs and preserve cash." (Grones)

AI chip startup Cerebras Systems may delay IPO due to national security review

Cerebras Systems, a California-based artificial intelligence chip startup, plans to list on the Nasdaq under the ticker symbol "CBRS." However, its initial public offering (IPO) may be delayed as UAE artificial intelligence company G42 faces national security review over its minority investment in the company.
Cerebras Systems' AI chips are unique, and its WSE 3 chip is one of the largest chips in the world, with more than 4 trillion transistors. The company had sales of $136.4 million and a net loss of $66.6 million in the first half of 2024. Cerebras Systems also said that its sales in the second quarter were $69.8 million and its net loss was $50.9 million. In addition, Microsoft and other celebrities are also among the company's investors. (Readhub)

Adobe will offer free app to help label AI-generated content

On October 9, Adobe said it would offer a free web-based application starting next year to help image and video creators label their work with "content credentials." The company said that in addition to indicating that they are the author of the content, creators can also use the free application to indicate whether they do not want their work to be used by artificial intelligence training systems.
So far, no major AI company has agreed to comply with Adobe's transparency system. The company said in a press release that it is "actively promoting industry-wide adoption" of its standards. (Jiemian News)

SpaceX plans to conduct the fifth Starship test flight on October 13

On October 9, according to official news from SpaceX, the company plans to conduct the fifth flight test of the Starship on October 13, subject to approval by the Federal Aviation Administration (FAA). Previously, the FAA has repeatedly stated that this flight test may be postponed to November. In the fifth test flight, SpaceX hopes to try to send the Super Heavy back to the launch pad for the first time and capture the booster in the air through the "chopstick" tower arm of the launch tower.
"Starship's fifth flight test is on track for October 13, subject to regulatory approval," SpaceX said in a blog post late Monday. However, given that the FAA does not expect Starship's fifth integration flight test (IFT-5) to be approved until "late November 2024," this is an important factor to consider carefully. (IT Home)
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After more than 150 days in space, the US astronaut has become thin and has a cone-shaped face. NASA insists that she is safe and healthy; it is reported that the general manager of marketing of NetEase Games has resigned but has not lost contact; Yuanhang Automobile has reduced salaries and laid off employees, and delayed salary payments 
Exclusive: Google Cloud China's top executive Li Kongyuan may leave, former Microsoft executive Shen Bin is expected to take over 
Tiktok's daily transaction volume is growing very slowly, far behind Temu; Amazon employees exposed that they work overtime without compensation; Trump's tariff proposal may cause a surge in the prices of imported goods in the United States 
OpenAI's 7-year security veteran and Chinese executive officially announced his resignation and may return to China; Yan Shuicheng resigned as the president of Kunlun Wanwei Research Institute; ByteDance's self-developed video generation model is open for use丨AI Intelligence Bureau 
Seven Swordsmen 
A 39-year-old man died suddenly while working after working 41 hours of overtime in 8 days. The company involved: It is a labor dispatch company; NetEase Games executives were taken away for investigation due to corruption; ByteDance does not encourage employees to call each other "brother" or "sister" 
The competition pressure on Douyin products is getting bigger and bigger, and the original hot-selling routines are no longer effective; scalpers are frantically making money across borders, and Pop Mart has become the code for wealth; Chinese has become the highest-paid foreign language in Mexico丨Overseas Morning News 
ByteDance has launched internal testing of Doubao, officially entering the field of AI video generation; Trump's return may be beneficial to the development of AI; Taobao upgrades its AI product "Business Manager" to help Double Eleven丨AI Intelligence Bureau 

 
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