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Musk's acquisition of Twitter for over a year will result in nearly $2 billion in losses for the banks that provided it with loans
On October 27th, it was reported that when Tesla CEO Elon Musk agreed to spend $44 billion last year to acquire X (formerly Twitter), several US banks provided $13 billion in loans to him. However, just a year later, these banks are prepared to sell off these debts, even if they bear a loss of $2 billion...
Industry dynamics 2023-10-29 23:45:48 -
Postal Savings Bank Jiangsu Branch Digital RMB Exhibition Area Appears at the 2023 Jiangsu Internet Conference
Event site. Postal Savings Bank Jiangsu Province Branch for Map SupplyFrom October 23rd to 24th, the 2023 (10th) Jiangsu Internet Conference was held at the Nanjing International Expo and Convention Center...
Blockchain 2023-10-29 23:45:10 -
Google CEO Pichai: Considering adopting a subscription model for new AI products
On October 26th, during the 2023 third quarter financial report conference call, Google and its parent company Alphabet CEO Sundar Pichai stated that the company may adopt a subscription model in certain new artificial intelligence (AI) products.At this meeting, Brian Nowak, an analyst at Morgan Stanley, an American investment bank, asked about Google's investment in artificial intelligence search and how Wall Street should view the future returns brought by these investments...
internet 2023-10-26 08:32:53 -
Net profit surged by 164%! Meta's third quarter revenue increased by 23% year-on-year to $34.1 billion, with a net profit of $11.6 billion
On Wednesday, October 26th, local time in the United States, Facebook parent company Meta released its financial report for the third quarter of 2023 as of September 30th. According to the financial report, Meta's revenue in the third quarter was $34...
internet 2023-10-26 07:38:46 -
Tiktok Life Service: 500 million yuan will be invested in the next year to support high-quality store exploration content
On October 25, it was reported that today, Tiktok Life Service announced the launch of the "Better Life Discovery Plan". As an important part of the "Digital Innovation and Improvement Action for Life Services", it plans to invest 500 million yuan in the next year to help businesses match more suitable talent, improve business efficiency, and provide more income for talent with goods...
internet 2023-10-25 19:27:40 -
IFLYTEK suffered from "censorship" and lost 12 billion yuan in one day
Production | Tiger Smell Technology GroupAuthor | Tongzhou Old CatEditor | Wang YipengHead Picture | Visual ChinaOn October 24th, according to a poster news report, parents claimed that the article "Lin Xiangru" contained content that slandered great figures, distorted history, and violated mainstream values in the iFlytek learning machine used by their children. The parent contacted iFlytek's online customer service and was informed that 'this article has been reviewed'...
Intelligent devices 2023-10-25 11:47:40 -
2023 Wuxi Intelligent Connected Vehicle Ecological Conference Successfully Held
On October 20th, the 2023 Wuxi Intelligent Connected Vehicle Ecological Conference, hosted by the Wuxi Municipal People's Government, the Jiangsu Provincial Department of Industry and Information Technology, and the Sensor Branch of the China Society of Automotive Engineering, was held in Wuxi, gathering industry leaders, experts and scholars, as well as upstream and downstream ecological enterprises in the industrial chain, to focus on the development trends of intelligent connected vehicles and automotive semiconductor industries, as well as the innovation and application of key sensor technologies Share and exchange breakthroughs in chip technology and other dimensions, explore new technologies, applications, and industrial development paths, and promote the deep development of intelligent connected vehicles empowering the digital economy.Zhao Lijin, Assistant Secretary General of the China Society of Automotive EngineeringShi Xiaopeng, Deputy Director of the Jiangsu Provincial Department of Industry and Information Technology, Zhang Zhen, Deputy Mayor of Wuxi City, and Wang Jianbin, Senior Engineer of the Science and Technology Innovation Department of the Equipment Center of the Ministry of Industry and Information Technology, delivered speeches respectively...
Intelligent devices 2023-10-24 15:16:01 -
Samsung Launches HBM3E "Shinebolt": Targeting Next Generation Artificial Intelligence Applications
Recently, Samsung held the "Samsung Memory TechDay 2023" event, showcasing a series of innovative technologies and products leading the era of ultra large scale artificial intelligence (AI), including HBM3E "Shinebolt", LPDDR5XCAMM2, and detachable AutoSSD, to accelerate technological progress in future applications including cloud, edge devices, and automobiles.Samsung has announced the launch of a new generation of HBM3EDRAM called "Shinebolt", targeting next-generation artificial intelligence applications, increasing total cost of ownership (TCO), and accelerating artificial intelligence model training and inference speed in data centers...
Intelligent devices 2023-10-24 08:23:20 -
Taobao's "Billion Dollar Subsidy" Online Double 11 Crazy Supplement Special Session, Supporting Whole Network Price Comparison
On October 23rd, it was reported that the countdown to the 2023 Tmall Double 11 will be one day, and Taobao will add a "10 billion yuan subsidy". The Double 11 Crazy Supplement Special Session will be launched, and popular and seasonal new products in industries such as mobile digital, branded beauty, and warm shoes and clothing will be subsidized to the annual new low price, with spot sales...
internet 2023-10-24 08:23:06 -
Relevant departments shall conduct tax inspections and land use investigations on Foxconn's subsidiaries in accordance with the law
(Original title: [Exclusive] Relevant departments conducting tax inspections and land use investigations on Foxconn's subsidiaries in accordance with the law) On the 22nd, Global Times reporter Xing Xiaojing and Liu Xin learned exclusively from sources that the tax department has recently conducted tax inspections on Foxconn Group's key enterprises in Guangdong, Jiangsu, and other places in accordance with the law. The natural resources department has conducted on-site investigations on the land use of Foxconn's key enterprises in Henan, Hubei, and other places...
Intelligent devices 2023-10-22 13:46:10 -
Tesla Cybertruck Pickup "Violent Test": Dozens of Submachine Gun Ammunition Fails to Penetrate Vehicle Doors
On October 21st, IT Home reported that Tesla CEO Musk announced on X (formerly Twitter) early this morning that his Cyberrack pickup truck had recently completed a "violent test": "We used the 'Alcapen' style to empty all the bullets from Tommy submachine gun drums and hit them on the door of this car,Not a single bullet penetrated the passenger compartmentIT Home NoteThe Tommy submachine gun mentioned here, also known as the Thompson submachine gun, has 50 rounds and 100 rounds of ammunition available, and 100 rounds can be fired within 7 seconds; Alcapen used 70 rounds of the gun to create a gang murder in 1929, and the gun later earned the nickname "Chicago Typewriter".Prior to this, Tesla Silicon Valley Owners Club shared a video showing a Cybertruck driving on a highway,Dozens of bullet holes were left on the driver's side door...
Intelligent devices 2023-10-22 13:46:06 -
Huang Renxun responds to AI chip ban: NVIDIA fully supports Chinese customers to like Huawei and other companies
On October 21st, KuaiTech reported that NVIDIA can be considered one of the most injured companies in terms of US export controls on AI chips.In response, Huang Renxun said that he was getting to know the relevant regulations as soon as possible and had been discussing with the company team all night, which would certainly have an impact on the market and industry in Chinese Mainland...
Intelligent devices 2023-10-22 13:46:00
