Pandaily Digest|Mar 31, 2023
Editor's note: On March 29th, informed sources reported that Hulu, the streaming giant owned by Disney, will lay off over 90% of its staff in Beijing.
Hulu Layoffs Exceed 90% in Beijing
Beijing is Hulu’s second largest global research and development center, second only to its headquarters. It is also one of the earliest established office locations for Hulu worldwide. Since its establishment in Beijing in 2007, the team has grown from less than 10 people to about 200 employees.Link
Headlines from China
Tencent Releases An Intelligent Creation Assistant
On March 30, Yao Tianheng, Vice President of Tencent‘s Content Platform Department, announced the launch of an intelligent creation assistant called “Zhiying”. This tool provides content creators with a range of intelligent creation tools to enhance efficiency and quality in their work.Link
Tim Cook’s Trip to China Sparks Discussions on Social Media
Apple CEO Tim Cook has started his trip to China, where he was invited to attend the China Development Forum in Beijing from March 25 to 27. Apart from conducting business talks, Cook has been visiting Apple stores, attending meetings and taking photos with different people during his stay.Link
NetEase Youdao Launches ChatGPT Model for Educational Scenario
On March 31st, it was announced that Youdao, a subsidiary of NetEase, will soon release their self-developed ChatGPT model for educational scenarios. The model is named “Confucius Quotes (Zi Yue)”.Link
News You Shouldn't Miss
Two Subsidiaries under JD.com to Debut in Hong Kong
Chinese e-commerce firm JD.com announced on March 30 that it is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange. JD.com would hold more than 50% of Jingdong Property Inc and Jingdong Industrials Inc after the completion of the spinoffs.Link
Tesla China Announces the Launch of New Product in 3 days
On March 31st, Tesla China’s official public account updated an article announcing the release of a new product in three days.Link
Li Auto Responds to the Vehicle Detects Pedestrians in Unmanned Cemetery
Recently, a car owner posted a video on social media claiming that their vehicle L9 identified and marked several pedestrians on an empty road in the cemetery. Due to the incident occurring in the cemetery, this mistaken identity event has attracted a lot of attention and discussion from netizens.Link
Alibaba’s Amap Continues to Add Accessible Navigation Features in More Cities
Alibaba‘s digital map service Amap is adding wheelchair navigation feature to make travel more convenient for individuals with disabilities with the latest addition of public restroom information in the city of Hangzhou.Link
“Huawei Does Not Make Cars” Founder Ren Zhengfei Reiterates
On March 31st, Huawei’s founder and chairman Ren Zhengfei issued a signed statement reiterating that “Huawei does not make cars” with an effective period of five years. In addition, Ren Zhengfei also made strict requirements for the display of Huawei’s logo in car designs.Link
Car Maintenance E-Commerce Platform Tuhu Updates Prospectus to Debut in Hong Kong
Tuhu Car Inc., an e-commerce platform for automobile maintenance, has updated its prospectus on March 30 to debut on the Hong Kong Stock Exchange. This marks the company’s third submission of a prospectus and it is being jointly sponsored by Goldman Sachs, CICC, Bank of America, and UBS.Link
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