Chevron Announces Massive Layoff Plan: 15% to 20% Workforce Reduction to Address Economic Challenges and Acquisition IntegrationChevron, a US oil giant, recently announced a significant corporate restructuring plan involving the reduction of 15% to 20% of its global workforce over the next three years. This move is intended to address the current complex economic environment, reduce operating costs, and facilitate the smooth integration of a large acquisition...

Corporate Compliance: Addressing New Challenges and Opportunities in the Age of AI and GlobalizationThe second Corporate Compliance Summit, held on January 15th, brought together experts from government, academia, and the corporate sector to delve into the new challenges and opportunities facing corporate compliance in the context of rapid advancements in artificial intelligence and globalization. The forum highlighted that compliance management has become a core competitive advantage for businesses, requiring the construction of a comprehensive, end-to-end compliance management system to navigate increasingly complex domestic and international environments...

Tencent Games Unveils Enhanced Anti-Addiction Measures for Minors During the 2025 Winter HolidayAs the 2025 winter holiday approaches, Tencent Games has released a schedule outlining playtime restrictions for minors during the holiday season and Chinese New Year. In accordance with regulations and holiday dates, minors will only be permitted to log into games from January 13th to February 13th, between 8 PM and 9 PM each day, totaling 15 hours over 32 days...

ZTE's 2025 New Year Address: Forging Ahead, Ushering in a New Chapter of "Connectivity + Computing Power"2024 marked the end of the first phase of ZTE's "Surpassing" strategic period, a year full of both challenges and opportunities. In Chairman Li Zixue's 2025 New Year address, he reviewed the achievements of 2024 and outlined new aspirations and strategic plans for 2025...

Geely and Baidu Jointly Declare Commitment to Addressing Jietu Auto Employee Social Security and Related IssuesOn December 13th, Geely Holding Group and Baidu Group issued a joint statement expressing their commitment to actively resolving challenges recently faced by Jietu Auto. The statement clearly indicates that as shareholders of Jietu Auto, Geely and Baidu will fully assist Jidu management in properly handling related matters, prioritizing employee welfare and user interests...

Amazon Invests an Additional $4 Billion in Anthropic, Bringing Total Investment to $8 BillionOn November 23rd, AI startup Anthropic announced an expanded partnership with Amazon Web Services (AWS), securing an additional $4 billion investment from Amazon. This brings Amazon's total investment in Anthropic to $8 billion, though Amazon remains a minority shareholder...

Douyin VR Live Renamed "Douyin XR," Adds MR Mode and Hand Tracking FeaturesPICO officially announced today that Douyin VR Live has been renamed "Douyin XR", and has launched a series of new features aimed at providing users with a richer and more immersive viewing experience. This renaming and feature upgrade marks a deepening of Douyin's layout in the XR field, and showcases its vision for future immersive experiences to users...

China Launches Pilot Program to Expand Opening-Up of Value-Added Telecom Services in Four Cities, Enabling Foreign Companies to Deeply Participate in Digital Industry DevelopmentOn October 23rd, the Ministry of Industry and Information Technology (MIIT) convened a seminar on the pilot program for expanding the opening-up of value-added telecom services, officially launching the program in Beijing, Shanghai, Hainan and Shenzhen. MIIT stated that by September 2024, the number of foreign companies authorized to operate telecommunications businesses in China had increased to 2220...

Weilai "Kissing Burn" Recalled in Japan Due to Food Additive Regulations: Global Differences in StandardsRecently, news broke that over 43 kilograms of Weilai's "Kissing Burn" snack were recalled in Japan due to the detection of TBHQ (tert-butylhydroquinone), a food additive prohibited in Japan. This has sparked a heated discussion, with some lamenting China's "lax" food additive standards...

Amazon Prime Video to Add Ads in 2025, Users Can Pay to Remove ThemKelly Day, Vice President of International for Amazon Prime Video, recently revealed in an interview that Amazon will be offering more ad inventory to advertisers on its platform starting next year, meaning the amount of ads on Prime Video will increase in 2025. This decision comes after Amazon began placing ads in select movies and TV shows on January 29th, 2024...

Amazon Raises Warehouse Workers' Pay to $22/Hour, Adds Free Prime Membership...

On the City Streets, the "Good Man's Phone Doesn't Add 8": How a Warm Bookstore Owner Uses Sincerity to Warm HeartsOn the bustling city streets, a story about the "Good Man's Phone Doesn't Add 8" has quietly spread. The protagonist, a bookstore owner named Hao Chuan, always emanates a warmth that shines through the crowd...