OpenAI's Public Benefit Corporation (PBC) Valued at $30 Billion, Microsoft's $10 Billion Investment Stake Remains UndeterminedRecent reports regarding OpenAI and the valuation of its newly formed Public Benefit Corporation (PBC) have garnered significant attention. Sources reveal an initial valuation of OpenAI's PBC at a staggering $30 billion...

Fliggy and Minor Hotels Group Forge Strategic Partnership to Build a Global Digital Direct Sales SystemOn January 23rd, Fliggy, Alibaba's online travel platform, and Minor Hotels Group officially signed a strategic cooperation agreement. The two parties will engage in in-depth collaboration in areas such as hotel digital direct sales, omnichannel marketing, and innovative member services...

Xiaohongshu App Officially Launches "rednote" as its English Name, Accelerating Internationalization StrategyOn January 21st, Xiaohongshu App officially adopted the unified English name "rednote" across its English app stores. This move marks an acceleration of Xiaohongshu's internationalization strategy and reflects its commitment to the global market...

Sharp Divisions Within Trump Administration Erupt Over TikTok's Fate: Data Security Takes Center StageIncoming National Security Advisor Mike Pompeo recently stated that President-elect Trump hasn't ruled out the possibility of TikTok remaining under the ownership of Chinese company ByteDance. This statement adds further uncertainty to TikTok's precarious future and reveals deep divisions within the Trump administration on how to handle the popular video-sharing app...

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...

Alibaba Cloud Joins UALink Alliance to Advance Next-Generation GPU Interconnect Technology StandardsOn January 16th, the UALink Alliance, an organization focused on AI server chip interconnect technology, announced its updated board of directors, with Alibaba Cloud officially joining as a new member. This marks Alibaba Cloud's collaboration with industry giants like AMD, AWS, Microsoft, Google, and Apple to jointly develop and standardize next-generation GPU interconnect technologies, furthering the advancement of artificial intelligence infrastructure...

Douyin Partners with CCTV Spring Festival Gala for "Laughing Through the Chinese New Year" CelebrationDouyin and the 2025 CCTV Spring Festival Gala (hereinafter referred to as the Spring Festival Gala) have joined forces to deliver a spectacular audio-visual feast to audiences nationwide. On January 15th, Douyin announced its collaboration with China Media Group (CMG), offering users a diverse Spring Festival Gala viewing experience...

Palo Alto Networks' Predictions and Strategies for the Top 5 Cybersecurity Trends in Asia Pacific in 2025The rise of digital transformation and hybrid work models has created unprecedented cybersecurity challenges. Palo Alto Networks recently released its predictions for the top five cybersecurity trends in the Asia Pacific region for 2025, highlighting five major challenges facing network professionals in the next twelve months...

Xiaomi Group Restructures Strategic Partnerships Department: Xu Ran Transfers, Wei Na Takes OverOn January 14th, internal sources revealed an upcoming personnel adjustment within Xiaomi Group. Xu Ran, the former General Manager of the Group's Strategic Partnerships Department, is reportedly transferring to a new role...

Microsoft Launches CoreAIPlatform and Tools, a New AI Engineering Department to Accelerate R&D and ApplicationOn January 13th, Microsoft announced the formation of CoreAIPlatform and Tools, a new AI engineering department. This significant strategic move underscores Microsoft's commitment to strengthening its AI capabilities and accelerating the research, development, and deployment of AI technologies...

Ruichang Pictures Acquires 30% Stake in QQ XUANWU Game Operator for RMB 825 MillionOn January 13, 2025, Ruichang Pictures (00136.HK) announced in a press release that it had signed a share transfer agreement with a subsidiary of Tencent Holdings to acquire a 30% stake in Beijing Yonghang Technology Co...

iQiyi and Hongguo Short Videos Announce Deep Strategic Partnership to Usher in a New Era of High-Quality Micro-Short SeriesOn January 13th, at the "High-Quality Micro-Short Series Industry Development Exchange Conference," iQiyi and Hongguo Short Videos officially announced a deep strategic partnership. The two parties will collaborate comprehensively across multiple areas, including IP joint development, co-production, and finished content licensing, with a shared commitment to producing more high-quality micro-short series...