Ant Group Denies Backdoor Listing Rumors, CEO to be Succeeded by Han XinyiRecently, online rumors circulated about Ant Group's impending backdoor listing, sparking widespread attention. In response, Ant Group issued an official statement on its Weibo account on December 19th, emphatically denying any current plans for an IPO, much less a backdoor listing...

New Evidence of Quantum Spin Liquid Found in Cerium Tin Oxide, Promising Breakthroughs in Fundamental Physics and Quantum ComputingBEIJING, December 16 (Science and Technology Daily) An international team of scientists from Switzerland, the United States, France, and other countries has announced the discovery of new evidence for a quantum spin liquid in cerium tin oxide (Ce2Sn2O7). This groundbreaking discovery, published in Nature Physics, promises revolutionary advancements in fundamental physics and quantum computing...

Economic Hardship and the Journey Out of the Ice: A Perspective on "Quantitative Easing" and its Profound ImpactsThe current global economic environment is intricately complex, a vast web interwoven with the destinies of everyone on the planet. In recent years, anxiety surrounding economic hardship"times are tough, everything's difficult"has permeated all levels of society...

NVIDIA's Troubles in China: Antitrust Investigation and Supply Cut Rumors Shake the MarketAccording to a report in the Southern Metropolis Daily on December 13, 2024, the root of the current turmoil can be traced back to 2019. That year, NVIDIA spent nearly $7 billion to acquire all equity in Israeli chipmaker Mellanox...

The Collapse of Jietue Auto: Failure Despite Backing from Giants, and the Employees' PlightIn the early hours of December 13th, around 2 AM, Xia Yiping, CEO of Jietue Auto, remained trapped in a meeting room at the company's Shanghai headquarters. Hundreds of employees gathered outside, agitatedly demanding that Xia, along with major shareholders Baidu and Geely, provide solutions regarding the company's dissolution and employee compensation...

China's Antitrust Probe of Nvidia: A $5 Billion Fine and a Global Chip WarChina's antitrust investigation into American chip giant Nvidia, with a potential fine of up to $5 billion, has drawn global attention. The move immediately wiped 640 billion RMB off Nvidia's market capitalization, causing it to be overtaken by Apple and losing its position as the world's most valuable company...

Cainiao International Express Launches Select Standard Product Express Line to Boost Cross-border Merchants' Peak Season GrowthOn December 13th, Cainiao International Express announced the launch of its Select Standard Product Express Line, aiming to help cross-border merchants seize the year-end peak season opportunities and achieve sales growth. This move is a positive response to the peak season demands of cross-border e-commerce merchants...

The AI Badge: Your AI Assistant, Ushering in a New Era of ConvenienceThe newly launched AI Badge, a wearable device, has quickly become a focal point in the tech world, thanks to its elegant design and powerful functionality. This seemingly ordinary badge houses astonishing AI technology, providing users with an unprecedented level of convenience...

2024: Google's Quantum Chip Breakthrough Sparks Explosive Growth in the Quantum Computing Market2024 witnessed a significant development in the quantum technology field with Google's release of its latest quantum chip. This groundbreaking advancement has garnered widespread attention and signals the imminent explosive growth of the quantum computing market...

Nvidia's "Sudden Change of Fortune": A Global Shockwave Triggered by an Antitrust Investigation in ChinaOn December 9th, a bombshell announcement rocked the global tech world: Nvidia, the American chip giant, is under investigation in China for alleged violations of anti-monopoly laws. This investigation not only sent shockwaves through Nvidia but also profoundly impacted the global chip industry landscape, becoming a landmark event in China's push for domestic substitution and the maintenance of fair market competition...

Google Achieves Breakthrough in Quantum Error Correction: Sub-Threshold Performance with Surface CodesScience and Technology Daily, Beijing, December 10 (Reporter Zhang Mengran) Quantum computing, with its potential to surpass classical computers in specific tasks, has garnered significant attention. However, the error-proneness of quantum computers poses a major hurdle to their practical application...

Akse County's Giant Tower Concentrated Solar Power Plant: How "Sunflowers" on the Gobi Desert Illuminate the Night?Located in Akse County, Jiuquan City, at the westernmost end of the Hexi Corridor, a recently grid-connected tower concentrated solar power (CSP) project, the largest single-unit project under construction in China, has begun operation. Situated on a Gobi Desert plateau nearly 3,000 meters above sea level, with temperatures plummeting to -15, this project utilizes advanced technology to convert the desert's abundant solar energy into a continuous supply of electricity, even at night, opening new avenues for green energy utilization...