Tech Weekly: Tencent halted The Dawn program and apologized to the UP owner; ByteDance responds to zero growth in advertising: no comment

Editor's note: Whiplash will take stock of the important events that occur during the week in the form of a weekly report, covering the international and domestic science and technology Internet, and delivering industry information to practitioners and users in the technology industry.

—— Domestic Developments ——

1. Li Jiaqivia suspended all cooperation with L'Oréal Paris; L'Oréal Paris gave the solution to the ampoule mask incident: issuing coupons to consumers who participated in the pre-sale of the official flagship store's Double Eleven.

2. Tencent's "Dawn Plan" was accused of infringing on the rights and interests of the UP owner; Tencent stopped the Penguin "Dawn Plan" and apologized to the UP owner.

3. BYD employees died suddenly in the rental house: one month before their death, continuous night shift, each shift for 12 hours; the family said that the company compensated 200,000 yuan.

4. Xiaomi organizational structure adjustment: involving mobile phones, sales operations, market systems, etc.

5. The meta-universe concept stock Tianxiaxiu changed its name and announced the launch of "Rainbow Universe"; the Shanghai Stock Exchange issued a regulatory warning to Tianxiaxiu and relevant responsible persons; Tianxiaxiu issued an announcement to ensure that the contents of this announcement are free of any false records, misleading statements or major omissions.

6. Ofo launched the function of pulling friends to refund deposits.

7, people's network: bad Internet celebrities banned do not deserve sympathy, resolutely resist their comeback.

8. On November 17, Station B released the Q3 financial report, and the performance was less than expected, or the cost of the quarterly loss platform. In the early morning of November 18, the US stock market closed on Wednesday, and the stock price of Station B fell 8.98% to $81.03. On the same day, Station B announced its intention to issue US$1.4 billion worth of convertible senior bonds due December 2026. On November 19, two days after the release of the Q3 financial report, B stood on the Hong Kong Stock Exchange for a "short suspension of trading."

9. Yixian E-commerce (Perfect Diary) released its financial report for the third quarter of 2021, with a total net revenue of 1.34 billion yuan, an increase of 6.0% year-on-year.

10. NetEase released its financial report for the third quarter of 2021, with revenue of 22.2 billion yuan, an increase of 18.9% year-on-year.

11. Alibaba released its third quarter 2021 financial report, with revenue of 200.69 billion yuan, an increase of 29% year-on-year, lower than Yahoo analyst market expectations of 206.1 billion yuan; adjusted net profit of 28.52 billion yuan, down 39% year-on-year. Regardless of the impact of the merger of RT-Mart's parent company, Gaoxin Retail, revenue increased by only 16% year-on-year.

12. On November 18, ByteDance's commercial products department held a full staff meeting, at which it was officially confirmed that its domestic advertising revenue had stopped growing in the past six months. ByteDance's two core products, Douyin and Today's Toutiao, have also stopped growing, of which Toutiao is even on the verge of loss. ByteDance responds to zero growth in advertising: no comment.

13. JD Group released its financial report for the third quarter of 2021, with net income of 218.7 billion yuan in the third quarter, an increase of 25.5% year-on-year. In the third quarter, JD Group's operating profit was 2.6 billion yuan, with an operating margin of 1.2%.

14. According to market news, SenseTime has been approved by the Hong Kong Stock Exchange for listing in Hong Kong, and the IPO plans to raise more than US$1 billion.

15. 8 online disk companies signed a self-discipline convention and promised to launch "undifferentiated rate" products within the year. Baidu Network Drive will launch the Youth Edition: unlimited download speed, only 10GB free storage space.

16. Weibo passed the listing hearing of the Hong Kong Stock Exchange.

17. Keep responds to listing in Hong Kong: There is no timetable for IPO.

18. Yurun's listing reorganization plan is out, and 65 billion yuan of debt is planned to be converted into shares at a high price.

19. Baidu released the third quarter financial report, achieving revenue of 31.9 billion yuan in the quarter, an increase of 13% year-on-year, and the growth rate was further slowed down from the second quarter; the net profit turned from a profit of 13.7 billion yuan in the same period last year to a loss of 16.6 billion yuan.

20. The name of Xiaopeng Automobile is too earthy? He Xiaopeng responded: It will not be changed, and the name reflects the responsibility.

21. Chuan Nezha Automobile is carrying out a new round of financing, with a maximum fundraising of 1 billion US dollars.

22. Shanghai will implement the filing management of the script of the secret room.

23. Evergrande liquidated Hengteng Network shares at a purchase price of HK$1.28 per share, with a total consideration of HK$2.13 billion.

24. Xiaoma Zhixing denied that the car-making plan was stagnant, and the team focused on the autonomous driving system.

25. Gome employees were notified of fish touching at work, Gome: communicated with the employees involved before the notification; Gome informed the employees of the follow-up: the internal informant of the leakage will be held accountable.

26. SF Holdings has a fixed increase of 20 billion yuan, with a profit of 1.798 billion yuan in the first three quarters.

27. Wang Jianlin died on the Internet? Wanda: It's a rumor, it's called the police.

28. Tencent Video launched a separate purchase of a drama membership function.

29. The Beijing Stock Exchange officially opened on November 16, with a transaction of 9.573 billion yuan on the first day. On November 20, the total subscription scale of the first batch of 8 theme funds on the Beijing Stock Exchange exceeded 20 billion.

30. NetEase Cloud Music restarted its IPO.

31. Pulse response abnormal deduction: Rectify the member renewal system to protect the user's right to choose.

32, NetEase CEO Ding Lei on the meta-universe: NetEase is ready in the meta-universe technology and planning.

33. Li Ziqi Company sued Wei Nian again.

34. Suning Tesco debunked rumors of bankruptcy, and Suning Finance was overdue by employees to defend their rights.

35. Shanghai driver Zhou Guanyu became China's first F1 driver.

—— Foreign News ——

1. Dior's photographic works have been accused of scandalizing Asians, and have been angrily criticized by netizens: the perception is extremely uncomfortable.

2. Due to supply chain problems, Volkswagen suspended the production of electric vehicles in Germany.

3. India's Alipay Paytm was listed on the 18th, creating the largest IPO in India's history. But after the opening, Paytm shares plunged to Rs 1,585, down more than 21 per cent, and closed down more than 27 per cent, suffering one of the biggest drops on the first day of listing.

4. Qualcomm will supply BMW with chips for autonomous vehicles.

5, Rivian's market value exceeds Volkswagen to become the world's third car company, second only to Tesla and Toyota.

6. Roblox invests in three educational games to expand the user base for the meta-universe strategy.

7) The United Nations responded to Musk's $6.6 billion plan to use how the $6.6 billion investment could avoid starving 42 million people in 43 countries and regions around the world.

8. SpaceX once again launched 53 "Starlink" Internet communication satellites.

9. Faraday Future launches an investigation into allegations of financial fraud.

10. The United Kingdom investigates Nvidia's £30 billion acquisition of ARM on national security grounds.

11, Apple launched iOS 15.1.1, only iPhone 12 and 13 can receive.

12. Apple will focus on the development of fully autonomous vehicles.