01. Baidu revenue in the third quarter was 32.5 billion yuan, and net profit increased by 16% year-on-year
On November 22, Baidu released its unaudited financial report for the third quarter ended September 30, 2022. In the third quarter, Baidu achieved revenue of 32.54 billion yuan; net profit attributable to Baidu (non-US General Accounting Standards) reached 5.89 billion yuan, a year-on-year increase of 16%, exceeding market expectations. Baidu Smart Cloud still maintained a positive and healthy growth momentum, with revenue increasing by 24% year-on-year, and the growth rate was higher than the industry average. In the report, in the third quarter, Radish Quick Run provided a total of 474,000 rides; Apollo Automotive Intelligent Solutions has recently accumulated designated locations and contracts and the amount of contracts signed by 11.4 billion yuan; as of the end of the third quarter, based on the orders of orders exceeding 10 million yuan in total, Baidu ACE intelligent transportation solution has been adopted by 63 cities, and Baidu App MAU reached 634 million, a year-on-year increase of 5%.
02. Liu Qiangdong sends a letter to all employees: JD executives have a salary cut of 10% next year
On November 22, a reporter from Nanduwan Finance and Economics learned from relevant sources in JD that Liu Qiangdong, founder and chairman of the board of directors of JD.com, issued a letter to all employees. The letter stated that in order to improve the welfare benefits of grassroots employees and at the same time reduce the pressure on the company as much as possible, starting from January 1, 2023, the cash salary of senior management of JD.com Group will be reduced from 10% to 20%, and the higher the positions, the more they will be reduced.
03. Musk has finally cut enough. Twitter is currently recruiting engineering and sales personnel
November 22nd news, according to The Verge, Musk held a meeting of all employees on Monday. He told employees at the meeting that the company has no plans to make more layoffs and is currently recruiting engineering and advertising sales positions.
04. Google Privacy Sandbox access information without damaging privacy. It will be logged in to
11. On November 21, Google announced on its official blog that it will deploy the Privacy Sandbox system to a selected number of Android 13 devices starting from early 2023. Privacy Sandbox is a set of technology developed by Google to create a network standard for websites to access user information without compromising user privacy. Privacy Sandboxes, unlike traditional third-party cookies, do not get local data from users, but directly get a wider population profile: Advertisers can learn that thousands of users have similar interests (like listeners of concerts) and choose which ads to serve to that group (not individual). Google said it plans to launch a Privacy Sandbox Beta version on Android 13 mobile devices starting early next year.
05. Amethyst Storage Fraudulent issuance: Nearly 37 million yuan was fined for violation of information disclosure, which may become the first stock for forced delisting
November 22, *ST Amethyst announced on November 19 that it had received the "Previous Notice of Administrative Penalty and Market Ban" from the China Securities Regulatory Commission. The company was suspected of illegal and irregular issuance and information disclosure. It was ordered by to correct , give a warning, and impose a fine of 36.6852 million yuan; Chairman Zheng Mu and actual controller Luo Tiewei had life-long market ban, and many main responsible persons were fined 26.49 million yuan. Amethyst Storage said that according to the determination of the "Penal Notice" received, the company's stock may be forced to delist due to major violations. The company's stock will be suspended from from November 21, 2022, and will resume trading of from November 22, and will continue to implement a delisting risk warning from the date of resumption of trading. If the company encounters a major illegal forced delisting situation, the company's stock will be delisted. This means that Amethyst Storage may become the first delisted stock of Science and Technology Innovation Board .
06. TSMC replaced Samsung to win Tesla assisted driving FSD chip large order
November 21, according to Taiwan Economic Daily, TSMC replaced Samsung and won the Tesla assisted driving (FSD) chip large order, which will be produced at 4/5 nanometers. It is said that Tesla is expected to become TSMC's top seven customers next year, which is also the first time among TSMC's main customers that there has been a new energy vehicle enterprise customer.
07. Baidu sued Byte for infringement of reputation rights and was compensated 80,000 hrs
Recently, the first instance judgment of the network infringement liability dispute between Beijing Baidu Netxun Technology Co., Ltd. and Beijing ByteDance Technology Co., Ltd. and other network infringement liability disputes were made public. The document shows that the plaintiff Baidu complained that, previously, a video titled "A woman's WeChat abnormality occurred, Baidu searched for WeChat customer service phone number, and was cheated of nearly 20,000 yuan" was posted and circulated on the "Xigua Video" operated by the defendant ByteDance and Sunshine Company. The video content presents the customer service phone number found by other search engines as problems with Baidu's search engine products, taking the opportunity to insult, slander and slander Baidu's company. After Baidu complained online, ByteDance and Sunshine refused to delete the video. The court held that the search engine displayed in the video involved in the case was not Baidu's search engine, but the title showed "Baidu Search", which would inappropriately reduce Baidu's social evaluation and constitute an infringement of Baidu's reputation rights. At the same time, ByteDance's opinion that Baidu's complaint is an invalid complaint is unfounded and the court refused to adopt it. In the end, the court ruled that ByteDance issued an apology statement to apologize to Baidu and compensate Baidu for its economic losses of 80,000 yuan.
08. Chinese programmer fought with Musk until late at night: Unexpectedly, the speed of light was cut
November 22, recently, on a domestic social platform, a netizen with an IP address positioning Twitter headquarters posted that he spent the most unforgettable weekend since he joined Twitter, met his idol Musk himself, and fought with him until late at night. During this period, Musk told the story of him earning his first pot of gold by writing programs at the age of 12, and also discussed the system design of Twitter information flow with his employees. In the post, the netizen praised Musk's code ability and logical thinking, and also mentioned that Musk proposed an optimization solution for a piece of code he wrote to process the cache of the distributed system, reducing network demand. Musk even patted his shoulder and said that Twitter still lacked engineers like him. However, just a few hours later, the netizen updated the update and said that since he did not pass Musk's code review and evaluation, he no longer had access to the company's system, which also means that he would be laid off.
09. The supply chain says Apple iPhone will use Samsung NAND flash memory chip
November 21 news, according to foreign media reports, Apple will turn to Samsung to purchase NAND flash memory chips used for iPhone . The supply chain information quoted in the report said that due to some restrictions, Apple will use Samsung Electronics as an alternative supplier from 2023. This suggests that they will be used in the iPhone 15 series, but it is also possible that Apple will introduce it to the production of the iPhone 14 series.
10. Following the pace of EU , India will also issue regulations to require Apple iPhone to switch to USB-C port
November 21, the Indian government may issue relevant laws in the near future, mandating all smartphones, tablets and laptops with USB-C ports. Not long ago, the EU passed a similar law. This means that Apple will switch to USB-C ports in the iPhone 15 model that will be launched next year due to these pressures.
11. Apple executive Phil Schiller closed his Twitter account
November 21, Apple Fellow Phil Schiller has deactivated his Twitter account, and he closed the account on Sunday for unknown reasons. When a user searches for "pschiller" information online, Phil Schiller's Twitter account now appears as "not existed".
12.AWS and Duke Energy have reached a long-term strategic cooperation , building a new smart grid based on AWS
November 22, recently, Amazon announced that its AWS signed an agreement with Duke Energy (DUK.US), one of the largest energy holding companies in the United States, to carry out many years of strategic cooperation to consolidate Duke's leading position in the development of power grid solutions industry and help promote Duke's transformation to clean energy . As part of the protocol, Duke will build new smart grid software and services based on AWS and expand its smart grid services, a custom-made set of applications that help the company predict future energy needs and determine where and how to update the grid. In turn, AWS will work with Duke to build cloud technology to support Duke's grid planning solutions to make it run faster and at lower cost.
13. TSMC will produce 3nm chips at its factory in Arizona,
TSMC founder Zhang Zhongmou today said the semiconductor giant and Apple supplier will produce 3nm chips at its Arizona factory, but the final plan is not ready. The factory is currently under construction and is scheduled to be put into production in 2024. TSMC's factory in Arizona and its second factory in the planning stage are part of the Biden administration's support for the U.S. chip manufacturing strategy. TSMC is also building a factory in Japan and is negotiating with the German government about building a factory in the country.
14. Twitter's alternative social platform - Hive, has surged to 1 million users
After Elon Musk took over Twitter, Twitter has had frequent problems recently. Many users have also begun looking for alternative social platforms, turning to other social apps such as niche social media such as Mastodon and CounterSocial. Registrations for another social app called Hive are also increasing today. As of the 21st, the app has ranked among the top 20 in the U.S. App Store rankings after a surge in new users over the weekend.
