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The production of autonomous vehicles has been suspended, and the operating license has been revoked. Cruise has started reducing the number of temporary workers
On November 10, it was reported that Cruise, a autonomous vehicle subsidiary of GM, an American automobile giant, had begun to lay off employees. Previously, the company suspended all self driving businesses and lost the key commercial license to operate self driving taxi services in San Francisco...
Industry dynamics 2023-11-10 07:53:26 -
Tesla is referred to by investment banks as a "very expensive car company", with its stock price dropping by over 5% and its market value evaporating 280 billion yuan
On November 10th, local time, HSBC Global, a subsidiary of HSBC, rated Tesla's stock as "underweight" on Thursday, with a target stock price of $146. Tesla's stock price fell 5...
Industry dynamics 2023-11-10 07:33:11 -
Samsung's full ray tracing technology will bring realism comparable to game consoles to smartphones
In order to gain more autonomy in the technology field, Samsung Electronics is actively promoting the integration of full ray tracing algorithms into its Exynos chipset, in order to completely change the visual experience of mobile devices. According to the South Korean Daily Report, Samsung's Advanced Technology Research Institute (SAIT) is leading this breakthrough and plans to surpass the current industry standards set by NVIDIA and AMD in the field of ray tracing technology...
Mobile Internet 2023-11-10 00:47:52 -
Apple mainland components account for 2%, while Xiaomi Huawei's localization rate has increased
Previously, according to the Nikkei report, in terms of cost, the proportion of Chinese Mainland components in the iPhone 15 has shrunk to 2%. Focusing on the domestic market, besides Huawei, Xiaomi is also strengthening its localization rate...
Mobile Internet 2023-11-10 00:39:59 -
Ideal's third quarter revenue increased by 271.2% year-on-year to 34.68 billion yuan, with a net profit of 2.81 billion yuan
Ideal Automobile announced on the Hong Kong Stock Exchange that its total revenue in the third quarter was 34.68 billion yuan, an increase of 271...
Industry dynamics 2023-11-09 17:23:11 -
ArmIPO's first financial report: revenue increased by 28% year-on-year to $800 million, and performance guidance fell by 7% after hours compared to expectations
On Wednesday, November 9th, chip design company Arm released its second quarter financial report for the fiscal year 2024 as of September 30th, 2023. According to the financial report, Arm's revenue for the second quarter was $806 million, a year-on-year increase of 28%...
Industry dynamics 2023-11-09 07:31:36 -
Cruise, an autonomous taxi company, requires manual assistance every 4 to 5 miles traveled
On November 7th, General Motors' autonomous driving company Cruise recently confirmed that autonomous taxis require manual assistance every 4 to 5 miles traveled.Last Sunday, Kyle Vogt, CEO and founder of Cruise, responded to claims that the company's autonomous taxis are not fully autonomous and require frequent assistance from remote operation center staff...
Industry dynamics 2023-11-07 10:57:20 -
Tianji 9300 is strong, but MediaTek still needs to work hard, and brand recognition is the most important
On November 6th, MediaTek 9300 was officially released. As previously rumored in the industry, this processor outperforms Qualcomm Snapdragon 8Gen3 in terms of CPU, GPU, and even AI performance, making it the strongest processor currently available in the Android market...
Mobile Internet 2023-11-07 10:36:47 -
Members of the Swedish Transport Workers Union have also suspended work for Tesla in support of a strike by Swedish employees
On November 6th, it was reported that Tesla's mechanics in Sweden are on strike, demanding that the American automaker accept a collective labor agreement. And the dock workers also stated that they will support the demands of the mechanics...
Industry dynamics 2023-11-06 08:24:58 -
Improving the cross-border payment system, Mu Changchun explains the design of currency bridge technology in detail
Beijing Business Daily (Reporter Liu Sihong) On November 2nd, Mu Changchun from the Digital Currency Research Institute of the People's Bank of China attended the Hong Kong Science and Technology Week Currency Bridge Symposium, sharing some considerations on the technical architecture and privacy architecture design of the multilateral central bank digital currency bridge project.We have built a technical system for the Currency Bridge platform, with the core being a blockchain specifically developed for the Currency Bridge: the Currency Bridge blockchain (mBridgeLedger or mBL)...
Blockchain 2023-11-05 13:48:27 -
Wei Lai Li Bin responds to rumors of layoffs: the company will reduce positions by about 10%
(Original title: NIO layoffs: Completed a 10% job reduction this month, and projects that do not improve financial performance within three years will be reduced) Pengpai News Reporter Wu YuliRecently, it was reported that NIO has started layoffs, with a layoff rate of 10% -20%.On November 3rd, Li Bin, CEO of NIO Automobile, issued a letter to all employees, mentioning that NIO will carry out adjustments related to organizational and resource investment directions...
Industry dynamics 2023-11-05 13:47:38 -
Mu Changchun: Digital Currency Bridge Platform Implements Privacy Control of Core Transaction Data
Beijing News Shell Finance News (Reporter Jiang Fan) On November 2nd, Mu Changchun, the Digital Currency Research Institute of the People's Bank of China, stated at the Hong Kong Science and Technology Week Currency Bridge Symposium that the Currency Bridge platform has achieved privacy control over core transaction data such as the identities of payers and payees, transaction amounts, and CBDC contracts invoked.Mu Changchun introduced that through a pseudonym mechanism implemented by randomly generated key pairs, the Currency Bridge platform ensures that for a single cross-border transaction, only the counterparty and the corresponding central bank/currency authority can understand the transaction details...
Blockchain 2023-11-05 13:47:15