Yu Minhong: If I had met Jack Ma earlier, I would have been a major shareholder of AlibabaOn April 11, 2016, Yu Minhong, while giving a speech at the Three Gorges University in Yichang, reminisced about the founding of Alibaba by Jack Ma in 1999, his fifth entrepreneurial venture. At the time, Jack Ma was struggling to raise the 500,000 yuan needed to establish the company, while New Oriental, led by Yu Minhong, had 50 million yuan in cash on hand...

From IT Paradise to Cyber Memories: The Truth Behind the Decline of Computer CityIntroduction:Computer City, once synonymous with technology, was a holy land for countless dream chasers. From Liu Qiangdong and He Xiaopeng's first fortunes to countless tech enthusiasts pilgrimages, Computer City holds the memories of many...

The New Era of Interconnected Computing Power: China Academy of Information and Communications Technology Releases Public Service Platform to Promote the Development of Computing Power InternetIn recent years, the demand for computing power has exploded with the development of emerging technologies such as artificial intelligence, big data, and cloud computing. To meet this ever-growing demand, it is crucial to build an efficient, secure, and trustworthy computing power network system...

Behind the "Negative Reviews Tsunami" in E-commerce: Unveiling How Online Water Armies "Destroy" Stores"Boss, today's sales have 'exploded'!" Song Changqing (pseudonym), the owner of an umbrella factory in Shangyu District, Shaoxing City, Zhejiang Province, also runs an online store. He opened the back-end of his online store and found that the store's best-selling umbrella had sold over 300 units in just a few hours...

Chance Encounters: Two Kinds of Success, Reflecting Changing TimesIn this age of information overload, we are bombarded with countless news and gossip every day. Yet, some seemingly ordinary chance encounters can spark deep reflections on social phenomena...

The Rise of Domestic Chips: From Looking Up to Standing Side by Side, the Ascent of China's Chip IndustryIn the age of booming artificial intelligence, chips, as the bedrock of the technology industry, have become a focal point of global competition. Chip performance directly impacts the application and development of AI technology, and in this chip war, NVIDIA is undoubtedly the undisputed leader...

Leifeng Technology's Ye Hongxin: From Trash Cans to "Dyson Alternative," How Did He Make His Comeback?Introduction:During the 618 Shopping Festival in 2023, Leifeng Technology secured the top spot for three consecutive years in the high-speed hairdryer category, becoming a formidable competitor to Dyson. Ye Hongxin, the founder, an 80s-born entrepreneur from Lishui, Zhejiang, has, through his persistence, lowered the price of high-speed hairdryers from thousands of yuan to hundreds, bringing good products at affordable prices to a wider audience...

Ponzi Schemes: Wolves in Sheep's Clothing, Why Do They Fool So Many?Introduction"Get rich quick," "passive income," "low barrier to entry, high return" these tempting phrases are often the "golden key" to Ponzi schemes, unlocking people's greedy desires. The Ponzi scheme, a seemingly simple scam model, has repeatedly played out throughout history, swallowing the hard-earned money of countless people...

Huawei novaFlip: The Upcoming Small Foldable Screen "Game Changer"Following the release of the Pura70 with its Beidou satellite messaging feature, Huawei is about to launch another major new phone. This is not the long-rumored nova13 series or Mate70 series, but a brand-new foldable phone in the Huawei nova series - the novaFlip...

Taking Flight: China's Airport Construction and Urban DevelopmentUrban development is a grand and sweeping canvas, with transportation construction serving as the finishing touch, connecting the city's arteries and imbuing it with life and vitality. As the saying goes, "If you want to be rich, first build roads...

American Astronauts "Stranded" in Space, Boeing's Starliner Faces Long Road Home: Who Will Come to the Rescue?The incident of American astronauts being "stranded" in space has once again thrust Boeing's Starliner spacecraft into the spotlight. This spacecraft, touted as America's next-generation human spaceflight vehicle, has faced repeated delays in its return journey, leaving the fate of two astronauts hanging in the balance and exposing the "awkward" state of the American space program...

Internet Empowerment and the Rise of New Employment Models: From "Mom Factories" to the "Light Entrepreneurship" WaveIn the era of the internet, the rapid development of the digital economy has profoundly impacted people's ways of production and life, injecting new vitality into the job market. The transition from traditional employment models to diversified and flexible "new employment" forms, internet platforms play a crucial role, providing continuous momentum for social and economic development...