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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 -
Qualcomm hinted that the pricing of the fourth generation Snapdragon 8 next year could be higher, making it its most expensive mobile SoC
Previously, it was reported that the pricing of Qualcomm's third-generation Snapdragon 8 is higher than before, and customers need to spend more money to purchase the flagship SoC of mobile platforms. Moreover, this trend of price increases does not seem to end here, and prices may even reach new highs...
Mobile Internet 2023-10-29 23:45:24 -
Xiaomi 14 Series is selling well! The pre-sale volume has doubled compared to the previous generation, and Lu Weibing discussed overnight to increase production capacity
On October 27th, KuaiTech reported that the Xiaomi 14 series was officially launched, bringing two models, Xiaomi 14 and Xiaomi 14 Pro, with prices starting from 3999 yuan and 4999 yuan respectively.This morning, Lu Weibing, the general manager of Redmi brand, revealed that the pre-sale volume of the Xiaomi 14 series was several times that of the Xiaomi 13 series during the same period...
Mobile Internet 2023-10-29 23:45:13 -
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 -
Famous Economist: The demand for Bitcoin ETFs is overvalued, followed by a sell-off
Peter Schiff, a senior Wall Street investor and renowned economist, expressed doubts about the demand expectations for the new Bitcoin ETF. He believes that the number of speculators preparing to sell Bitcoin far exceeds the potential buyers waiting for the launch of this ETF...
Blockchain 2023-10-29 23:45:09 -
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 -
OpenAI's first batch of investors, Kosra: Most AI startups are overvalued
On October 25th, it was reported that when artificial intelligence startup OpenAI transformed from a non-profit organization toCap profitAt the time of the company, Silicon Valley venture capitalist Vinod Khosla boldly took the first step. His subsidiary, Kosra Venture Capital, invested $50 million in OpenAI, which is its largest investment in 15 years since its establishment...
Intelligent devices 2023-10-25 11:48:03 -
Joining the AI craze, Qualcomm launches mobile phones and PC chips to challenge Apple and Intel
On Tuesday, October 25th, Qualcomm released two new chips aimed at running artificial intelligence software on smartphones and personal computers (PCs), including the introduction of the technology industry's Big Language Model (LLM) without the need to connect to the internet.Since the release of StableDiffusion's image generator and OpenAI's chat robot ChatGPT at the end of 2022, there has been a surge in interest in artificial intelligence applications...
Intelligent devices 2023-10-25 11:47:48 -
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 -
Chip design startup SiFive layoffs 20%, previously valued at $2.5 billion
On October 25th, local time, US chip design startup SiFive announced on Tuesday that the company has laid off about 20% of its workforce, or about 130 people.SiFive is headquartered in Santa Clara, California, USA, and its chip designs are based on RISC-V technology architecture...
Intelligent devices 2023-10-25 11:47:38