ByteDance Denies $120 Billion AI Investment Rumor, but Continued Investment Remains UndisputedA recent report in the Financial Times claimed that ByteDance plans to invest over $120 billion (approximately 873.4 billion RMB) in artificial intelligence...

UBTECH's Core Management Team Rejects Share Reduction Rumors with Confirmation of Continued OwnershipOn January 13th, UBTECH issued a formal response to recent online rumors alleging that its core management team had sold shares after a lock-up period. The response clarified that the company's core executives, Zhou Jian, Xiong Youjun, and Wang Lin, have not sold a single directly held share since the company's listing...

Amazon's Prime Wardrobe Service to End on January 31, 2025Amazon recently announced the discontinuation of its highly-regarded Prime Wardrobe service, effective January 31, 2025. Launched in 2017, this service offered Prime members a convenient clothing shopping experience, allowing them to order multiple items online, try them on at home, and only pay for what they kept...

Kuaishou 2024 Annual Data Report: A Deep Dive into Flow, Power, and the Symphony of Everyday LifeOn January 10, 2024, the Kuaishou Big Data Institute officially released the "Kuaishou 2024 Annual Data Report" (hereinafter referred to as the "Report"). This marks the seventh consecutive year Kuaishou has published an annual data report...

Bilibili (B Station) VIP Membership Service Agreement Update: Effective January 16, 2025 Two Key Restrictions to NoteBilibili recently announced an update to its VIP membership service agreement, effective January 16, 2025. This update focuses on adjustments to usage restrictions for VIP members, adding three key clauses compared to the version released on May 24, 2024...

Youku Releases 2024 Annual Dictionary: How Drama Culture Reshapes Public Discourse, from "Bian Xue" to "Xiufei's Return"On December 27, 2024, Youku, in collaboration with Xin Zhoukan (a Chinese news magazine), released the "Youku 2024 Annual Dictionary." This dictionary compiles 24 words, all originating from new and classic dramas aired on the Youku platform, vividly showcasing how drama culture reshaped public discourse in 2024...

NetEase Cloud Music's 2024 Annual Music Report Launches: Innovative Features Like Couple's Reports and Artist Handwritten Letters Create a More Detailed Musical Journey RetrospectiveOn December 27th, NetEase Cloud Music officially launched its 2024 Annual Music Report. Themed "Life is a Wilderness, So is Music," the report retains the characteristics of previous years while incorporating numerous innovative elements to provide users with a more interactive and in-depth musical journey retrospective...

ReadNovel Group Announces 2024's "Twelve Titans" of Online Literature: IP Adaptation Boom ContinuesOn December 24, 2024, ReadNovel Group officially announced the highly anticipated 2024 list of "Twelve Titans," exemplary authors in online literature. Twelve outstanding writers were selected, their works encompassing diverse genres including sci-fi, fantasy, xianxia (immortal cultivation), historical fiction, military fiction, light novels, and urban stories, vividly showcasing the diversified trends and booming development of online literature in 2024...

In-depth Analysis of the 2025 Semiconductor Investment Annual Conference: Current Status and Future Outlook of the Chinese Semiconductor MarketThe "2025 Semiconductor Investment Annual Conference & IC Top 100 Awards Ceremony," hosted by the Semiconductor Investment Alliance and organized by iCW, concluded successfully in Shanghai on December 14, 2024, at the Shanghai Tower. This annual conference brought together industry elites to discuss the future development trends of the semiconductor industry...

China to Build World's First Thorium Molten Salt Reactor Nuclear Power Plant by 2029: Ushering in a New Era of Clean EnergyFor a long time, China lagged behind in nuclear technology, facing bottlenecks in key equipment manufacturing and raw material supply, hindering the development and utilization of clean energy. Compared to developed countries like the United States, China's nuclear energy technology development started later, and access to international advanced technologies presented challenges...

SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution StrategySMIC (Semiconductor Manufacturing International Corporation) delivered stunning Q3 2024 results: revenue reached a remarkable 15.6 billion RMB (approximately $2...

KWH Data Center's Annual Forum: Next-Generation Data Centers A Customized Future Centered on User NeedsKWH Data recently held its annual forum in Beijing, themed "Cultivating Product Strength, Painting a New Landscape." The forum featured KWH Data executives discussing the trends shaping next-generation data centers, with a strong emphasis on how KWH Data delivers customized solutions to meet escalating user demands...