Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrust
Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrustIntel Corporation is embroiled in a significant lawsuit filed by LRTrust, a major shareholder, against several executives and directors, including former CEO Pat Gelsinger and interim co-CEO and CFO David Zinsner. The lawsuit centers on allegations of mismanagement leading to the poor performance of Intel's Foundry Services (IFS) division, demanding the return of compensation and compensation for shareholder losses...
The Collapse of Jietue Auto: Failure Despite Backing from Giants, and the Employees' Plight
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...
Tianzhou-8 Launch a Success! Good News Arrives from Across the Nation: Scientific Innovation, Economic Development, and Improved Livelihoods Advance Simultaneously
Tianzhou-8 Launch a Success! Good News Arrives from Across the Nation: Scientific Innovation, Economic Development, and Improved Livelihoods Advance SimultaneouslyThursday, November 21, 2024 News Digest: From space exploration to local development, from scientific innovation to improvements in people's livelihoods, good news is pouring in from across the country, showcasing China's vibrant development.1...
Shan Xinhua, the "Mastermind" Behind 12306: From System Crashes to the World's Largest Ticketing System
Shan Xinhua, the "Mastermind" Behind 12306: From System Crashes to the World's Largest Ticketing SystemHave you received a text message about 12306? Who is Shan Xinhua? The story begins with 12306....
A "China Goods" Buying Spree Sweeps the US: An Economic Phenomenon Woven from Worry and Validation
A "China Goods" Buying Spree Sweeps the US: An Economic Phenomenon Woven from Worry and ValidationReports suggest that the recent surge in sales of "China goods" in the US market rivals the frenzy of grandmothers vying for limited-edition cookware. This isn't a simple "Double Eleven" flash sale; it's a nationwide "stockpiling" movement...
At 62, he answered the call, steering China's "heart": The profound insights from the legendary life of Jiang Shangzhou
At 62, he answered the call, steering China's "heart": The profound insights from the legendary life of Jiang ShangzhouStill worrying about your luck? Jiang Shangzhou's story might offer a new perspective. This legendary figure, who took the helm of China's chip manufacturing industry at the age of 62, has a life story more captivating than any drama, brimming with valuable life wisdom...
Lin Feng Zhang, a Rising Star in Efficient AI: From Tsinghua PhD to Shanghai Jiao Tong University Professor
Lin Feng Zhang, a Rising Star in Efficient AI: From Tsinghua PhD to Shanghai Jiao Tong University ProfessorA recent academic report published on the website of the College of Information and Electrical Engineering at China Agricultural University revealed that Dr. Lin Feng Zhang, born in 1997, has officially joined the School of Artificial Intelligence at Shanghai Jiao Tong University (SJTU) as an assistant professor and doctoral supervisor...
Double 11: A Never-Ending Carnival: From Numbers to Hearts
Double 11: A Never-Ending Carnival: From Numbers to HeartsFrom a single day to a whole month, the Double 11 shopping spree has stretched longer and longer, to the point that on November 11th itself, many consumers' first reaction was: "Isn't Double 11 over yet?" Indeed, ubiquitous shopping app pop-ups, coupons and red envelopes covering all product categories, live streams filled with impassioned or soothing introductions, and the constant stream of bills and deliveries, have become the backdrop and white noise of the past month seemingly tireless, they've collectively constructed the "longest ever" Double 11. Even though specific GMV figures are no longer displayed, the platform still routinely publishes its performance report:Taobao, as of 24:00 on November 11th, saw 589 brands achieve over 100 million yuan in sales during the entire period, a 46...
Domestic News Roundup: From Grain & Oil Trade to Deep Sea Exploration, Witnessing New Highlights of China's Development
Domestic News Roundup: From Grain & Oil Trade to Deep Sea Exploration, Witnessing New Highlights of China's DevelopmentToday is Monday, November 11, 2024. Let's take a look at the latest domestic news and feel the new highlights of China's development...
Wang Haize, a 90s Female Astronaut: From "Top Student" to Realizing Her "Dream of Flying"
Wang Haize, a 90s Female Astronaut: From "Top Student" to Realizing Her "Dream of Flying"In the early morning of October 30, 2024, the Shenzhou 19 spacecraft successfully launched, carrying three astronauts, including Wang Haize, the first female astronaut born in the 1990s, into space. This mission not only marks a new height in China's space program but also signifies the 90s generation officially becoming the backbone of China's space endeavors...
Chinese Tech Giants: Leading the Wave of Technological Innovation from Algorithm Recommendations to Smart Chips
Chinese Tech Giants: Leading the Wave of Technological Innovation from Algorithm Recommendations to Smart ChipsFounded in 2012 and headquartered in Beijing, ByteDance, which owns popular products like Douyin and Toutiao, has achieved immense success in the short video and information realms through its advanced algorithm recommendation technology, offering personalized content to users worldwide. Its technological applications are vast, encompassing content creation and distribution, social interactions, and advertising marketing...
Heroes Returning from Space: The Price They Pay, the Legacy We Remember
Heroes Returning from Space: The Price They Pay, the Legacy We RememberIn the early hours of November 4, 2024, the Shenzhou-18 return capsule pierced through the atmosphere, trailing a brilliant plume of fire, finally landing smoothly at its designated landing site. The hatch opened, revealing the figures of three heroes to the world...