Pandaily Digest|Apr 7, 2023
Editor's note: On April 7th, ByteDance’s Douyin announced that it has recently reached cooperation with Tencent Video.
ByteDance’s Douyin Cooperates with Tencent Video
On April 7th, ByteDance’s Douyin announced that it has recently reached cooperation with Tencent Video. The two parties will explore the promotion of long and short video linkage, short video secondary creation and other aspects.Link
Headlines from China
Chinese Ranks Second on Hurun U40 Billionaires List 2023
On April 6th, the Hurun Research Institute released the “2023 Hurun Global Self-Made Under-40 Billionaires List”. The list shows that as of January 16th, there are a total of 59 self-made billionaires under the age of 40 worldwide. Among them, there are 23 people from the United States and 18 people from China, ranking first and second respectively. India and the United Kingdom ranked third and fourth.Link
Tesla Names Tom Zhu as Senior Vice President for Automotive Operations
Tesla named Tom Zhu, who led the construction and operations of Tesla’s Shanghai factory, as senior vice president for automotive operations, a regulatory filing on April 6 showed. This makes him one of the four executive officers at Tesla, along with Musk, Chief Financial Officer Zachary Kirkhorn and powertrain head Andrew Baglino.Link
Lenovo’s Revenue Growth Exceeds 100 Billion Yuan in 3 Years
On April 6th, Lenovo Group’s 2023/24 fiscal year kick-off meeting was held in Beijing. Yang Yuanqing, Chairman and CEO of Lenovo, stated that over the past three years, the company’s revenue has increased from ¥ 350 billion to ¥ 460 billion, a milestone increase of more than ¥ 100 billion (about $14.5 billion), while net profit has tripled compared to three years ago.Link
News You Shouldn't Miss
China Launches Commercial Carrier Rocket SQX-1
On April 7th, 2023 at 12:00 pm, i-Space, a Beijing-based space technology company, successfully launched its self-developed SQX-1 Y6 carrier rocket from the Jiuquan Satellite Launch Center in China.Link
Alibaba Cloud’s “Tongyi Qianwen” Invites Testing
On April 7th, Alibaba Cloud announced that the large-scale model “Tongyi Qianwen” has started inviting testing.Link
Chinese Scientists Achieve Superionic Hydride Ion Conduction at Ambient Temperatures
Materials that can conduct negatively charged hydrogen atoms in ambient conditions would pave the way for advanced clean energy storage and electrochemical conversion technologies. A research team from the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences (CAS) demonstrated a technique that enables a room-temperature all-solid-state hydride cell by introducing and exploiting defects in the lattice structure of rare earth hydrides.Link
The Entrepreneurial Boom in China Sparked by ChatGPT Welcomes New Members
ChatGPT is sparking an entrepreneurial movement in China, attracting a steady stream of new members. Some of them come from major companies such as Alibaba, Kuaishou, Bytedance, Tencent and others.Link
Alibaba Cloud Partners with Jaguar Land Rover China
On April 6th, Alibaba Cloud officially announced that Jaguar Land Rover China and Alibaba Cloud have signed a comprehensive cooperation agreement.Link
ZTE to Launch GPU Server that Supports ChatGPT by End of 2023
Xu Ziyang, the Executive Director and CEO of ZTE Corporation – a Chinese technology company specializing in telecommunications – announced on April 6 that ChatGPT represents a significant breakthrough in artificial intelligence technology, and the company plans to launch a GPU server capable of supporting high-bandwidth ChatGPT by the end of this year.Link
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