Pandaily's Diggest #20221107
October 10, the XPeng X2 lifted off for a live demonstration at an event in Dubai, marking the model’s first global public flight. The firm describes the X2 as an all-electric “two-seater flying car".
Chinese Firms Are Trying to Make Flying Cars a Reality. Can They?
As competition in the global electric vehicle industry consolidates, many automotive firms and a host of new startups are eyeing what they see as the next frontier for innovation: the sky.
Tencent WiFi Manager to Halt Operations on Dec 1
Tencent, the parent company of WeChat, launched a public hotspot sharing software several years ago called Tencent WiFi Manager, allowing users to quickly connect to public wireless networks without a password. On November 5, the firm’s software team announced that it will officially stop services from 0:00 on December 1, 2022 due to business adjustments.
Huawei’s Self-Developed Kirin Chipsets to Return in 2023
Huawei’s Kirin chipsets, which have been stalled due to sanctions imposed by the US Department of Commerce, may stage a comeback next year. Given existing restrictions, however, the new chips are likely to be positioned as mid-end.
Tesla Debuts Model S and X Plaid, Humanoid Robot in China
At the fifth China International Import Expo (CIIE), which opened on November 5, Tesla displayed its Model 3 and Model Y for the domestic market, as well as its Model S Plaid and Model X Plaid, which have been ordered but not yet delivered in the country. The firm also showcased its Tesla Bot, a conceptual general-purpose robotic humanoid.
Chinese-American Mathematician Yitang Zhang Publishes Paper on Landau-Siegel Zeros Conjecture
After announcing he had achieved the solution to the Landau-Siegel zeros conjecture in mid-October, Yitang (Tom) Zhang, a Chinese-American mathematician and professor of mathematics at the University of California, Santa Barbara, released a related paper on November 5.
TikTok to Expand E-Commerce Business to US and Spain
Following prior moves in the UK and Indonesia, ByteDance’s TikTok is now accelerating plans to expand its cross-border e-commerce business. Reports have emerged that it is preparing to explore the Spanish e-commerce market, while several US merchants have participated in small-scale tests of TikTok’s domestic online shopping platform.
Decentralized Social Graph Lens Protocol Secures Investment From FTX Ventures
FTX Ventures, a capital investment fund under crypto exchange FTX, has invested in Lens Protocol, a composable and decentralized social graph created by the team behind decentralized finance lending platform Aave, Fortune reported on November 4.
Alipay Now Accesses Huawei’s HarmonyOS Ecology
At the 2022 Huawei Developer Conference held on November 4, He Gang, chief operating officer of Huawei Terminal Business Group, said that Huawei will release its HarmonyOS 4 next year and that Alipay, an online payment platform, has been officially connected to the HarmonyOS Ecology.
BMW Chairman Believes China is One of Most Important Markets
“The recent statements made by the Chinese government on promoting high-level opening up, attracting investment and persisting in innovation are encouraging. BMW will continue to unswervingly take root in China and establish a stable win-win relationship with Chinese partners,” Oliver Zipse, Chairman of the Board of Management of German automaker BMW Group, said in an interview with Seashell Finance.
Starbucks Steps Up Efforts to Compete for China Market Share
Faced with pressure from competitors such as Luckin Coffee and Tims China, Starbucks, which has always been known for its reserved attitude towards China, has been changing its strategy for tackling the country’s domestic market.