Pandaily's Digest #20211022
Ohayoo, a game platform owned by ByteDance, has reportedly adjusted 79 people’s posts, among which 30 fresh graduates were laid off.
Fresh Graduates of ByteDance’s Game Platform Laid off
Recently, many Chinese media outlets reported that all fresh graduates of Ohayoo, a game platform owned by ByteDance, were laid off. According to a person close to ByteDance’s game business, Ohayoo has adjusted 79 people’s posts, including 30 fresh graduates.
XPeng P5, the World’s First Production Lidar Car, Rolls off Assembly Line
Chinese EV maker Xpeng Motors officially announced on Wednesday that the world’s first production lidar smart car, XPeng P5, successfully rolled off the assembly line and will be delivered to their new owners at the end of October.Yuanfudao Announces Entry Into Business Education Market, Launches New Brand “Feixiang Planet”
Yuanfudao Announces Entry Into Business Education Market, Launches New Brand “Feixiang Planet”
Chinese online tutoring firm Yuanfudao announced its official entry into the smart education market and will now focus on enterprise education. The company will soon launch a new brand of educational technology, called Feixiang Planet, for the government and schools, providing public schools with smart education platforms and products to meet their technical and service needs.
Huawei Denies Joint Venture with Automobile Firm Volkswagen
36Kr reported that Huawei plans to form a joint venture with Volkswagen Group to develop its autonamous driving technology. However, this rumor has been denied by Huawei.
Alibaba Cloud Releases Operating System ‘Anolis’ for the First Time, Plans to Invest Over $300 Million in OS
On Wednesday, at Alibaba Cloud’s Apsara Conference – an annual gathering of developers – the cloud computing company released its operating system, ‘Anolis OS’, and announced its open source.
Tencent Receives $170,416 in Compensation from Lawsuit Regarding Trading Wechat Accounts
A website has set up a trading area, which provides services such as trading, auxiliary registration and auxiliary unsealing of WeChat accounts. Tencent recently sued the website’s operating company for unfair competition and received 1.09 million yuan ($170,416) of compensation.
Huawei, SMIC Suppliers Receive Licenses Worth Billions of Dollars for Exporting U.S. Goods
Reuters reported on Friday that it had received documents showing that although Chinese telecoms giant Huawei and China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC) were included on the U.S. trade blacklist, they still obtained U.S. technology and goods export licenses worth billions of dollars from November last year to April this year. Neither company has yet responded to this revelation.
Tesla Releases Q3 Financial Report, Plans to Further Expand Capacity of Shanghai Gigafactory
On October 21, Tesla announced in its Q3 earnings conference call that China remained Tesla’s main export center throughout the quarter. Tesla will continue to enhance the production capacity of its Shanghai factory and promote the localization of key components.
Xiaomi Secures Shanghai Commercial Property for 1.55 Billion Yuan, Speculated as Site of Auto Business R&D Center
Chinese media outlet The Paper reported on Friday that according to its reporter’s inquiry on the website of the Shanghai Municipal Planning and Natural Resources Bureau, a piece of commercial office land was sold in the city’s Xuhui District on October 21. The deal was won by Mi Space SH Limited, with a transaction price of 1.55 billion yuan ($242.6 million) and a floor price of 31,001 yuan/㎡. Media speculated that the move may be for the Xiaomi Auto Business R&D Center, but the firm has not responded yet.
JD Logistics Releases 5G Automated Warehouse to Realize Automatic Management and Operation of Entire Logistics Process
JD Logistics made an announcement regarding its 5G automated warehouse on Wednesday. The intelligent warehouse has been jointly completed by JD Logistics, China Telecom Beijing Branch, China Telecom Research Institute, UNISOC and ZTE.