ByteDance's gaming subsidiary, Nuverse, is said to initiate a large-scale layoff starting from Monday.
On November 23rd, Tesla China responded to FSD implementation in China: 'Currently, it is indeed being promoted.'
Dell will stop selling products in China that are equipped with multiple AMD 7900 graphics cards.
Today, OPPO officially released the brand new Reno 11 Pro series smartphones.
Graphcore, the AI chip unicorn known as 'British Nvidia', will lay off most of its Chinese employees and halt sales in China.
On November 21st, according to industry insiders, Mooresilicon, a chip design joint venture under TCL Technology, has been 'dissolved'.
Since its spin-off from Huawei three years ago, Chinese smartphone manufacturer Honor has made substantial progress in its much-anticipated listing. On November 22, Honor issued a board announcement, stating that it will continue to optimize its equity structure, attract diversified capital, and enter the capital market through an initial public offering (IPO), clarifying the previous […]
Today, a Tesla car owner involved in a car accident was judged by the court to have infringed the reputation of Tesla, and was demanded to issue an apology.
Recently, Pinduoduo has established a large-scale AI model team consisting of dozens of people, located in Shanghai.
On November 21st, CATL announced that it has signed a strategic MOU with Stellantis Group to supply lithium iron phosphate batteries to the group in Europe.
Currently, the overall personnel scale of Li Auto's chip team is over 160 people, distributed in Beijing, Shanghai, Silicon Valley, and Singapore.
Regarding the recent rumors of Jack Ma selling a large amount of Alibaba Group stocks, Jiang Fang, a partner and Chief Talent Officer at Alibaba Group, posted on the company's internal network today stating that "Jack Ma did not sell a single share."
Chengdu Public Security Bureau released an announcement on November 22, stating that Chen (male, 39 years old) is suspected of running a gambling establishment.
On November 21, Nasdaq-listed game livestreaming company Douyu announced that the company's CEO, Chen Shaojie, was arrested by Chengdu police around November 16, 2023.
Although Cloud Intelligence Group has halted its spin-off and Freshippo's IPO plan has been postponed, Cainiao's IPO is proceeding as planned.
On November 20th, Xiaomi held its financial report conference call. William Lu revealed the progress of Xiaomi's car manufacturing.
ByteDance is seeking to sell its subsidiary gaming company, Moonton Technology, for a price not less than $5 billion, and has hired Goldman Sachs as a financial advisor to assist in finding and contacting potential buyers.
On November 21, Tesla Model Y Long Range Version raised price to 304,400 yuan, an increase of 2,000 yuan.
On November 17, Trip.com Group signed a three-year Memorandum of Understanding with the China International Culture Association to promote inbound tourism.
Alibaba released its financial report for the quarter ended September 30. Alibaba International Digital Commerce Group, or Alibaba International, exhibits the fastest growth rate among all six major business groups.