[Looking for someone to smear Dong Yuhui? Dongfang Selection's official refutation of rumors] Dongfang Selection issued a statement that some people recently made rumors that Dongfang Selection deliberately found someone to smear Mr. Dong Yuhui in order to divert the attention of public opinion about the family discord of a certain anchor in the company. Dongfang Selection refuted the rumors as follows: Dongfang Selection has a family dispute with a certain anchor and has nothing to do with other colleagues. Since the independence of Dong Yuhui, Dongfang Selection has never participated in any evaluation and discussion of Dong Yuhui, nor has it used any media or individuals to evaluate and discuss Dong Yuhui. All the discussions about Dong Yuhui in the outside world have nothing to do with Dongfang Selection. In response to the recent inappropriate remarks that maliciously attacked Dongfang Selection, Dongfang Selection has collected evidence and will be investigated for legal responsibility. (Tencent)
WuXi AppTec and WuXi Biologics respond to rumors of business sale: WuXi AppTec and WuXi Biologics are reportedly in the process of selling part of their businesses, including WuXi AppTec's sale of WuXi Advanced Therapies, discussions have been going on for several months, and contract manufacturers have been approached to acquire all or part of the assets. On October 4, WuXi AppTec told reporters that we are evaluating options to continue the operation of WuXi Advanced Therapies in line with our priorities: our employees and patients in need of basic, time-sensitive, life-saving treatments. (The Paper)
On October 4, according to the billionaire index, Zuckerberg's net worth has reached $206.2 billion (currently about 1.45 trillion yuan), surpassing Jeff Bezos ($205.1 billion) and only about $50 billion behind Elon Musk. Zuckerberg owns a 13% stake in Meta Platforms, the main source of his net worth. His net worth has increased by $78 billion since January, the highest increase among the 500 richest people in the Bloomberg Index. Meta shares closed at a record high of $587.22 on Thursday, which was a key factor for Zuckerberg to surpass Amazon's CEO. Meta shares are up nearly 68% from $346.29 at the start of the year. (Sina Finance)
[Two films announced their withdrawal from the National Day file] The animated film "Pipiru and Lu Xixi's 309 Dark Room" announced the change of file for New Year's Eve, "The schedule environment is fiercely competitive, and the space left for our children's movies is too small." On the same day, the movie "In and Out of Peace" also issued a statement saying that the movie "encountered unprecedented difficulties and challenges during the release" and decided to withdraw from the National Day file, and the release file is to be determined. (Interface)
[Xpeng Motors: increased its holdings by JPMorgan Chase by about HK $639 million] According to the data disclosed by the Hong Kong Stock Exchange, Xpeng Motors received JPMorgan Chase on September 30 to increase its holdings of about 12.15 million shares at an average price of HK $52.6312 per share, involving about HK $639 million. After the increase, JPMorgan Chase recently held about 83.1 million shares, and the proportion of the position increased from 4.57% to 5.35%. (Finance Associated Press)
[Tesla's largest battery project? Four new versions of 4680 batteries are planned to be launched in 2026, including Robotaxi exclusive] According to the media, Tesla plans to mass-produce a new generation of 4680 batteries using dry electrode coating process in the second quarter of next year - dry cathode 4680D, among the four dry cathode 4680D versions launched in 2026, Musk intends to reveal the batteries dedicated to Robotaxi when he releases Robotaxi next week, and the other two are Tesla's first batteries with silicon carbon materials in the anode, One of them is for performance-focused cars such as the next-generation Roadster, and the other is for the Cybertruck and a sedan. (Straight Flush)
Great Wall Motors responded to the online rumor of "Tank 300 seat belt breakage"] Great Wall Motors issued a statement on October 3 about the online "Tank 300 seat belt breakage" incident: After a comprehensive and detailed investigation, combined with the inspection of the scene of the Tank 300 accident and contacting the insurance company to obtain the initial photos of the accident provided by the first on-site personnel, it was confirmed that the accident car was modified and a third-party transfer lock was added. The seat belt breakage incident was indeed caused by a modification, not a product quality issue. (IT House)
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【HSBC suspends employee travel】HSBC has suspended employee travel, cut costs and canceled activities, sources said. (Finance)
[Apple expects the iPhone SE 4 to be launched in the spring of 2025 will be equipped with Apple's self-developed 5G modem] It was learned from the supply chain that the iPhone SE 4 will be equipped with Apple's self-developed 5G modem. According to public information on October 4, Apple is expected to launch the fourth-generation iPhone SE in the spring of 2025, which will use an OLED screen for the first time, and the price may be $459-$499, or about 3221-3502 yuan (as of October 4, the exchange rate). (Sina Finance)
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[Microsoft 365 suite officially announced the removal of the feed service on November 1] Technology media NeoWin released a blog post on October 3, reporting that Microsoft announced that it will remove the Microsoft Feed service from the Microsoft 365 suite starting November 1, 2024. Microsoft recommends that users take advantage of the "Recommended" area of the Microsoft 365 Home page and says that all of the feed's basic functionality has been integrated into this area. Microsoft Feed is a personalized content hub designed to help users discover and learn about people and interests relevant to their work, consolidating users' activity and content in Microsoft 365 through the Microsoft Graph API to provide a personalized feed. (Straight Flush)
[YouTube Shorts Duration Limit Extended to 3 Minutes, AI-Generated Feature Will Be Added] YouTube announced that starting October 15, creators will be able to upload Shorts videos up to 3 minutes in length. This new length limit applies to videos with a square aspect ratio or higher, and videos uploaded before October 15 are not affected. YouTube said it will also work to improve recommendations for longer Shorts videos in the coming months. (IT House)
[7-Eleven convenience store parent company Seven&i will start selling a majority stake in supermarkets by the end of the year] Japan's Seven&i Holdings reportedly plans to find a buyer for a majority stake in its supermarket business, including its flagship Ito-Yokado, a process that will begin as early as the end of this year. Local media reported that the retail chain wanted to sell its business to potential buyers, such as overseas investment funds, but did not mention sources. The company is likely to disclose the plan in its Oct. 10 earnings announcement. (Finance)
France luxury giant LVMH recently announced the sale of its designer fashion brand Off-White to brand management company Bluestar Alliance, but the specific terms of the transaction have not been disclosed, the latter owns brands including Tahari, Bebe, Scotch & Soda, etc. The announcement of the sale comes a day after Off-White closed its last store in China, Hangzhou Hubin Yintai Store, on September 29, after closing a total of four stores in Shanghai, Chengdu and Xi'an in August 2022, followed by Taikoo Li Sanlitun and Galeries Lafayette Xidan in Beijing in March this year. (Tencent)
[Fisker faces SEC investigation, bankruptcy proceedings underway] The United States Securities and Exchange Commission (SEC) is investigating bankrupt electric vehicle startup Fisker, which has received multiple subpoenas from regulators. Fisker, known for its Ocean SUV, filed for bankruptcy protection in June amid financial distress while struggling to ramp up production. Currently, Fisker is shutting down its business operations, has sold its fleet and reached a settlement with creditors. The company is preparing to file its liquidation plan with a bankruptcy judge in Wilmington, Delaware, on Oct. 9. (Finance)
Recently, Beijing Hydrogen Source Intelligent Technology Co., Ltd. completed a round B financing of 100 million yuan, which was led by a special industrial investment fund composed of Shanghai Haiji Pucheng Capital and Huzhou Wuxing Transportation and Tourism Investment and Development Group, demonstrating the high attention of the capital market to the intersection of hydrogen energy and drones. (Smartbeast analysis here to see more)
【Tailan New Energy Completes Series B Financing】Tailan New Energy successfully completed Series B financing, which was jointly funded by Anhe Fund, a subsidiary of Changan Automobile, and a number of funds under Ordnance Equipment Group. Tailan New Energy is a domestic solid-state battery company, with its deep accumulation in solid-state battery technology, has achieved many advanced research and development results. (Smartbeast analysis here to see more)
[Tencent and the France Guillemot family are reportedly considering acquiring Ubisoft] Sources said that Tencent and the France Guillemot family are considering acquiring Ubisoft. It is reported that consideration of Ubisoft is at an early stage and may not lead to a deal. One of the possibilities being discussed is to join forces to take the company private, according to people familiar with the matter. Ubisoft shares are down 54% this year, with a market capitalization of about €1.4 billion ($1.5 billion). According to Ubisoft's latest announcement, Tencent held 9.2% of Ubisoft's net voting rights as of the end of April, with the Guillemot family holding about 20.5%. The news sent Ubisoft's stock price up 10% and trading suspended. Spokespeople for the Ubisoft and Guillemot families declined to comment. A Tencent representative was not immediately available for comment. (Smartbeast analysis here to see more)
[Zuckerberg launches Meta Movie GenSora, benchmarking OpenAI's Sora] Zuckerberg's Meta Platforms launched its own Sora, Meta Movie GenSora, before OpenAI. Sora has it all, and it can create high-definition long videos with different aspect ratios, supporting 1080p, 16 seconds, and 16 frames per second. What Sora doesn't have is the ability to generate accompanying background music and sound effects, edit videos based on text commands, and generate personalized videos based on user-uploaded images. (qubits)
Samsung Electronics announced on October 4 that Samsung's PCIe 5.0 SSD, the highest performance and largest capacity, has officially started mass production. Compared with the previous generation of PM9A1a, PM9E1 has significantly improved key SSD features such as performance, storage capacity, energy efficiency, and security. According to reports, the energy efficiency of PM9E1 has been increased by more than 50%, and the greatly improved energy efficiency has enhanced the battery life, which is very suitable for end-to-end artificial intelligence applications. (Sina Finance)
[On October 3, the national railway sent 17.602 million passengers, exceeding 17 million passengers for 4 consecutive days] According to the National Railway Group, on October 4, the national railway is expected to send 17.45 million passengers, and plans to add 842 passenger trains. On October 3, the national railway sent 17.602 million passengers. Since the launch of railway Golden Week transportation, the number of railway passengers sent across the country has exceeded 17 million for four consecutive days. (IT House)
[The box office of new films in the 2024 National Day file will exceed 1.5 billion] According to the Lighthouse Professional Edition, as of 21:46 on October 4, the box office (including screenings and pre-sales) of new films in the 2024 National Day file will exceed 1.5 billion! "Volunteers: The Battle for Survival", "749 Bureau" and "The Road to Fire" are temporarily among the top three new films at the box office. (Interface)
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