Tencent adjusts the content business segment, and the main body of Tencent Pictures will be merged into CDG
On February 10, it was announced that the main part of Tencent Pictures will be adjusted from THE PCG (platform and content business group) to the CDG (enterprise development business group), while Cheng Wu, vice president of Tencent Group and CEO of Yuwen, will continue to lead the business segment. After this adjustment, Tencent Pictures, as the film and television label of Tencent, will focus on the development of melodic works of the times and assume more social responsibilities. The development of Tencent Pictures' original IP film and television with strong commercial attributes will be entrusted to Xinli Media, Yuwen Film and Television, and Tencent Animation under PCG, which are subsidiaries of Yuwen Group.
Digital yuan landed more than 400,000 Winter Olympic scenes, and the transaction amount reached 9.6 billion yuan
On February 10, it was reported that the Beijing Winter Olympics is an important scene for the promotion of the digital yuan, and the sunken square of the Beijing Winter Olympic Village is specially equipped with licensed commodity stores, banks, postal services, haircuts, convenience stores and other commercial services, and all merchants can use digital yuan to pay. Wang Ying, deputy director of the Beijing Municipal Financial Supervision and Administration Bureau, said that the current digital yuan pilot has covered more than 400,000 full scenarios of the Winter Olympics, and the transaction amount has reached 9.6 billion yuan.
Tesla CEO Musk was elected a fellow of the American Academy of Engineering
On February 10, the National Academy of Engineering (NAE) released the list of additional academicians of the National Academy of Engineering in 2021, and a total of 111 academicians and 22 foreign academicians were selected this time. Among them, Tesla and SpaceX CEO Elon Musk were selected. As SPACEX's CEO and principal engineer, Musk has made breakthroughs in the design, engineering, manufacturing and operation of reusable launch vehicles and sustainable transportation and energy systems, according to the official website page.
CATL's stock price fell by more than 5%: the market value lost 200 billion
On February 10, CATL briefly fell below the 500 yuan mark, closing down 5.32 percent to close at 518.1 yuan, down nearly 28 percent from its all-time high of 692 yuan in early December 2021, a new low in nearly four months.
AMD received all necessary approvals to acquire Xilinx and the deal is expected to close on Feb. 14
On Feb. 10, chip giant AMD announced that it had received approval from all necessary agencies to proceed with the acquisition of Xilinx, that all conditions for the completion of the transaction had been met except for the remaining customary closing conditions, and that the company expected the transaction to close on or around Valentine's Day on February 14, 2022. It is reported that AMD acquired Xilinx on October 27, 2020 for a $35 billion all-stock transaction. After the acquisition is completed, AMD will complete the deployment of the compute cloud, edge and intelligent terminal chip platforms.
Twitter's fiscal 2021 revenue of $5.08 billion increased 37% year-over-year and a net loss of $221 million
On February 11, Twitter released its financial results for the fourth quarter and full year of fiscal 2021 ended December 31. According to the earnings report, Twitter's total revenue in the fourth quarter was $1.567 billion, up 22% from $1.289 billion in the same period last year, and net income was $182 million, down 18% from $222 million in the same period last year. For the full year 2021, Twitter's revenue was $5.08 billion, up 37% year-over-year, with a net loss of $221 million, down from a net loss of $1.14 billion in 2020.