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Tesla's Robotaxi Launch Delayed to October, Stock Plunges
Tesla's Robotaxi Launch Delayed to October, Stock PlungesJuly 12 - Tesla has pushed back the launch of its Robotaxi autonomous ride-hailing service from August 8 to October, according to people familiar with the matter. This news sent Tesla shares tumbling, marking their largest single-day drop since January...
Industry dynamics 2024-07-16 15:23:39 -
Tesla's Battery Ambition: From the Grand Vision of "Battery Day" to the Challenges of Reality
Tesla's Battery Ambition: From the Grand Vision of "Battery Day" to the Challenges of RealityIn September 2020, Tesla unveiled an ambitious blueprint to the world at its "Battery Day" event: a $25,000 electric vehicle powered by a revolutionary 4680 battery that would completely transform the electric car industry. However, three years later, the reality is far from the initial vision...
Industry dynamics 2024-07-16 15:22:40 -
Vandalism of Self-Driving Cars in San Francisco: A Challenge for the Future of Driving Technology
Vandalism of Self-Driving Cars in San Francisco: A Challenge for the Future of Driving TechnologyA recent incident involving vandalism of several Waymo self-driving cars in San Francisco has generated widespread attention, highlighting the ongoing resistance to this futuristic driving technology among some residents in the city.On July 15, Waymo, the autonomous driving company owned by Alphabet (Googles parent company), reported having over a dozen of its self-driving cars vandalized...
Industry dynamics 2024-07-16 15:22:10 -
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks21st Century Business Herald Intern Reporter Guo Congcong Beijing ReportRecently, China Postal Savings Bank (China Post Bank) issued a "Notice on Promoting the Governance of Customer Identity Information for Digital Yuan" (hereinafter referred to as the "Notice"). The Notice states that China Post Bank will take measures such as lowering transaction limits and restricting financial services for customers whose digital yuan wallets have incomplete personal customer identity information...
Blockchain 2024-07-04 14:15:06 -
Tesla's Q2 Deliveries Exceed Expectations, Stock Surges Over 10%
Tesla's Q2 Deliveries Exceed Expectations, Stock Surges Over 10%Tesla on Tuesday, July 3rd, reported its second-quarter 2024 vehicle production and delivery figures, both exceeding analyst expectations, driving its stock price up over 10%.Here are the key figures:...
Industry dynamics 2024-07-04 14:12:38 -
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information Management
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information ManagementAs money laundering methods in the financial sector continue to evolve, relevant authorities need to adjust their business policies accordingly. Recently, Postal Savings Bank of China (PSBC) issued a notice on its official website stating that it will strengthen identity information management for digital RMB customers based on anti-money laundering policies and requirements...
Blockchain 2024-07-04 12:31:28 -
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalryOpenAI, the startup behind the ChatGPT chatbot, has surpassed Microsoft in revenue from selling access to its AI models, including GPT-4, despite only establishing a sales team last year. This remarkable achievement, particularly compared to Microsoft, the world's largest enterprise and cloud software seller, has been achieved through a simple yet effective strategy: offering early access to new versions of generative AI capabilities and customizing software requirements for its biggest clients...
Industry dynamics 2024-07-04 12:13:03 -
Microsoft's Underwater Data Center Project Shelved: Exploration and Application
Microsoft's Underwater Data Center Project Shelved: Exploration and ApplicationOn June 26, 2023, Microsoft announced that its underwater data center experimental project, known as Project Natick, had been quietly shelved. However, the company stated that research findings from the project would be applied to other initiatives...
Industry dynamics 2024-07-04 12:11:09 -
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering Risks
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering RisksCailian Press, July 3rd (Reporter Peng Kefeng) As money laundering methods continue to emerge in the financial sector, relevant departments need to adjust their business policies in a timely manner. Recently, China Post Savings Bank (China Post Bank) issued a statement on its official website stating that, in accordance with relevant anti-money laundering policies and requirements, it will promote the governance of digital RMB customer identity information...
Blockchain 2024-07-04 10:53:33 -
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip Dominance
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip DominanceJune 26, 2023 - NVIDIA has become a Wall Street darling, seeing its market capitalization surge eightfold since late 2022, reaching over $3 trillion this month. However, a startup founded by Harvard dropouts, Etched, is poised to challenge NVIDIA's dominance in the artificial intelligence space by developing a competing chip called Sohu...
Industry dynamics 2024-07-04 10:52:08 -
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity Information
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity InformationPostal Savings Bank of China has recently issued an announcement to further strengthen the verification of the completeness and validity of personal customer identity information for digital yuan. The bank will impose restrictions on digital yuan wallets for customers with incomplete identity information...
Blockchain 2024-07-04 10:51:50 -
Bitcoin and Ethereum Futures Plunge on Wednesday
Bitcoin and Ethereum Futures Plunge on WednesdayOn Wednesday (July 3), at the close of trading in New York, the CME Bitcoin futures contract BTC lead contract closed at $59885.00, down 3...
Blockchain 2024-07-04 10:45:03