Shenzhen, China, November 12, 2024- Tencent Music Entertainment Group (hereinafter referred to as "Tencent Music") (NYSE: TME and HKEX: 1698), a leading online music and audio entertainment platform in China, announced today its unaudited financial results for the third quarter ended September 30, 2024. In the third quarter of 2024, Tencent Music Entertainment Group's performance was stable, with a total revenue of 7.02 billion yuan, a year-on-year increase of 6. ... 阅读全文

Recently, DeepMind, an artificial intelligence company under Google, opened sourced its Nobel Prize winning drug development AI model AlphaFold 3. This means that from now on, researchers from various fields of biomedicine can download the model code for free and run the model themselves to carry out drug development work. Public information shows that the Google AlphaFold model can be used to predict protein structure and interactions. The latest version of the ... 阅读全文

On November 8th, Pinduoduo's "11 · 11" promotion entered its peak sales period, with a subsidy of billions officially launching the third round of "Super Double Subsidy" activities, focusing on super products of domestic and foreign brands in the digital, home appliances, beauty, care, food, clothing, mother and baby categories. The promotional products are all double discounted on top of the daily price subsidy of billions, with the highest discount being an ad ... 阅读全文

On November 12, 2024, Sohu Corporation released its financial report for the third quarter of 2024. According to the financial report, Sohu's total revenue in the third quarter was 152 million US dollars, an increase of 5% compared to the same period in 2023. Among them, brand advertising revenue was $19 million, and online gaming revenue was $128 million. In the third quarter of 2024, our brand advertising revenue reached the previously expected high line, and o ... 阅读全文

"The big model has been popular for nearly two years, and related technologies have been iterated and innovated at an unprecedented speed. From large companies, entrepreneurs, and venture capital, people from all walks of life are looking for super applications based on the big model in the era of generative AI. However, objectively speaking, the super applications that people expect have not yet appeared, and some people even began to ask whether this global big ... 阅读全文

On November 12th, Sohu released its financial report for the third quarter of 2024. The company's total revenue for the third quarter was 152 million US dollars, an increase of 5% compared to the same period in 2023. Among them, brand advertising revenue was 19 million US dollars, and online gaming revenue was 128 million US dollars. The financial report shows that in the third quarter, the company's net loss (non GAAP) was $12 million, better than expected. Prev ... 阅读全文

On November 12th, Sohu released its Q3 2024 financial report, which showed that the company's Q3 revenue was $152 million, a year-on-year increase of 5%. Among them, brand advertising revenue was 19 million US dollars, and online gaming revenue was 128 million US dollars; The non GAAP net loss attributable to the listed company was $12 million, better than expected. Previously, Sohu estimated a loss of between $30 million and $40 million in the third quarter. Fro ... 阅读全文

The benefits of hard work are ten times greater; pearls and jade are priceless, their benefits are a hundred times greater; the benefits of seeking a country are inexhaustible for eternity If Tesla CEO Elon Musk firmly sided with the "rare commodity" Trump before the election and achieved great success, then now the market is firmly believing that Musk himself and his electric car giant Tesla are expected to reap rich rewards in this "political speculation", just ... 阅读全文

Caixin News Agency, November 12th (Reporter Liang Kezhi) In early trading today, the US dollar index was driven by factors such as the expected strengthening of US economic data in October, breaking through the high point of 105.47 since July, and continued to rise, driving the depreciation of non US currencies including the Chinese yuan. On November 12th, the central parity rate of the Chinese yuan against the US dollar was lowered by 141 basis points to 7.1927, ... 阅读全文

During his campaign, US President elect Trump put forward a series of economic proposals, including reducing corporate tax rates, extending personal income tax cuts, and imposing tariffs on imported goods. Analysts generally expect that overall, Trump's policy of "reducing taxes domestically and increasing taxes externally" will reignite inflation in the United States. Jeremy Siegel, a top American economist and finance professor at the Wharton School, said on Mo ... 阅读全文

Spot gold has fallen below the $2600 mark for the first time since September 20th. As of 15:25 Beijing time, spot gold was reported at $2599.64, a decrease of 0.77%.

On November 10th, China and Indonesia signed a $10 billion agreement at the "China Indonesia Business Forum" held in Beijing, which not only marks the deepening of economic cooperation between the two countries, but also injects new vitality into peace and development in Asia and even the world. In this context, Best Group recently announced the official launch of cross-border supply chain services and SaaS solution services for the Indonesian market, which is an ... 阅读全文

[Guide] Release two AI technologies, Robin Lee: create millions of "super useful" applications China Fund News reporter Yishan On November 12, the 2024 World Congress of Baidu was held in the Shanghai World Expo Center. Robin Lee, the founder of Baidu, delivered a speech on the theme of "Application is Coming" at the conference, sharing the latest ideas around AI industry changes, AI applications and other fields, and released two AI technologies that enable appl ... 阅读全文

At the Baidu World Conference a year ago, Robin Lee "hand-in-hand" taught users to do AI native applications on the spot, calling on the industry not to continue to roll up models, but to devote energy to application development. But in the past twelve months, the super application that everyone had hoped for did not appear. Instead, more and more people began to discuss whether this round of global big model craze was a new technological revolution or a new roun ... 阅读全文

NetEase S (09999. HK) will announce its third quarter performance for this year on Thursday. Based on the predictions of multiple securities firms, the company's performance for this quarter is expected to be affected due to factors such as the successful launch of new games such as "Upstream Cold Mobile Game", "Peak Speed", and "All Star Street Ball Party" in the same period last year, which resulted in a high base, as well as slightly lower than expected game p ... 阅读全文

While companies such as Apple (AAPL) and Meta are striving to integrate smart glasses with VR/AR technology to attract more developers to join the ecosystem, Amazon (AMZN) is taking a different approach, attempting to steer the application of smart glasses towards a more practical direction. According to the latest news, Amazon (AMZN) is secretly developing smart glasses specifically designed for its delivery drivers to provide precise navigation within, around, ... 阅读全文

Faraday Future's (FF) second brand FX has made new progress after nearly two months of launch. On November 11th, FF announced that the global CEO position of its wholly-owned subsidiary Faraday X aiEV Inc. (hereinafter referred to as FX) has been officially taken over by senior employee Ma Xiao, who will report directly to FF's global CEO Matthias Aydt and founder Jia Yueting. According to the official introduction, Ma Xiao has been with FF for nearly ten years a ... 阅读全文

On November 12th, Beijing Business Daily learned from Dingdong Maicai that it has conducted small-scale testing of unmanned vehicle delivery in Hangzhou. The person in charge of Dingdong Maicai stated that the unmanned vehicle testing mainly focuses on the "last mile" delivery and the distribution between Dingdong's front warehouses. At present, it is still in the early testing stage and has not yet been put into use on a large scale.

On November 12th, Southern Finance and Economics reported that Sohu's total revenue for the third quarter was 152 million US dollars, an increase of 4.5% compared to the same period in 2023; The non GAAP net loss attributable to Sohu Corporation is $12 million, after estimating a third quarter loss of between $30 million and $40 million.

21st Century Business Herald reporter takes great care to report from Shanghai Johnson Controls has been in the Chinese market for nearly 30 years, and it can be said that we have grown together with the Chinese market, "Anu Rathninde, President of Johnson Controls Asia Pacific, said in an interview with 21st Century Business Herald. "Since entering the Chinese market nearly 30 years ago, Johnson Controls has been actively responding to China's high-quality and s ... 阅读全文