laitimes

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

author:Venture State
Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

[Guangqi Honda launched large-scale layoffs, the scale is expected to be thousands of people] It was learned from a number of Guangben internal employees that since May, Guangben has launched large-scale layoffs in the form of step-by-step notices, and the scale is expected to be thousands of people. Relevant insiders said that this is an overall layoff, involving multiple lines, and the resignation process has been started internally, mainly based on voluntary resignation, and there will be corresponding compensation, "At present, many employees have begun to have a physical examination before leaving." Relevant insiders also revealed, "It is expected that the layoffs will continue until August, but May is more concentrated." Regarding the layoffs, Guangqi Honda responded, "In order to ensure the company's sustainable operation and accelerate strategic transformation, Guangqi Honda will further improve personnel efficiency." The measures include the non-renewal of the first labor contract of some employees in the production field, and the termination of the labor contract through voluntary negotiation. According to the reporter, in addition to Guangqi Honda, SAIC Volkswagen, Toyota, etc. have also laid off employees. (Blue Whale Finance)

[Microsoft responds to the rumors of the AI team in China "packing to the United States": some employees can choose international rotation or work in their current positions] Around the rumors that the Microsoft artificial intelligence team went to the United States collectively on May 15, Microsoft responded to reporters that at present, a small number of Microsoft employees have the opportunity to choose international rotation, and employees can choose to accept rotations, or continue to work in their current positions. It was previously reported that Microsoft headquarters issued an email informing multiple teams in charge of artificial intelligence research in China, such as the C+AI team to do the Azure ML team of the AI platform, etc., to move to the United States or Australia as a whole, involving hundreds of employees, and employees who received the email need to make a decision before June 7, and they can also choose to get severance compensation, and Microsoft America can also help solve the family visa. (Sina Technology)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

On May 15, Xu Baoqiang, general manager of Baidu's autonomous driving technology department, said that for the Robotaxi (shared taxi) that Tesla will launch, Baidu will consider possible cooperation opportunities according to Tesla's specific application model and the pace of entering the Chinese market. Musk recently posted on the social media platform X that Tesla plans to launch a driverless taxi (robotaxi) on August 8, 2024. Tesla previously said that the next-generation vehicle platform will include lower-priced cars and fully self-driving taxis. On April 29, a source said that Tesla will use the advanced assisted driving map (Gaofu map) provided by Baidu Maps for the Chinese version of FSD (Full-Self Driving). (Shanghai Securities News)

[News says that ByteDance has given up on selling Mutong Technology and will appoint a new CEO] According to reports, ByteDance has abandoned its plan to sell Mutong Technology and plans to appoint a new CEO for the game studio. According to the report, the new CEO who took over Mutong Technology is Zhang Yunfan, a former executive of Perfect World, who will replace Yuan Jing, co-founder and CEO of Mutong Technology. According to public reports, Zhang Yunfan has held various positions at Perfect World, including chief operating officer. It is unclear whether Yuan Jing will stay at Mutong Technology. ByteDance has not responded to the above news. (Phoenix.com)

[Nvidia CEO Jensen Huang's annual salary soared by 60%] Nvidia said in its annual agency filing on Tuesday that Huang's total compensation for the fiscal year ending January this year was $34.2 million, up 60% from $21.4 million in the previous year. In addition, the value of Lao Huang's stock awards is approximately $7 million higher than in fiscal year 2023. His cash prize was $4 million. He also received $2.5 million in other subsidies to cover costs such as home security and consulting fees. Nvidia said its executives' performance metrics were above the upper end of the target, driven by the strong performance of its data center platform and the need to generate AI. In addition to Huang, Nvidia's CFO pay has risen by about 22 percent to around $13.3 million. (Economic Observer)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

On May 15, Faraday Future's (FF) share price soared, with a maximum increase of nearly 490%, setting the highest increase since FF was listed. Wall Street analysts said that in the context of the US government's increase in import tariffs on Chinese automobiles to 100%, FF's unique Sino-US dual gene and dual home model, coupled with the dual stimulation of the company's founder Jia Yueting to build cars through personal IP, is the core factor of this round of soaring. (Sohu News)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

Walmart confirmed it will lay off hundreds of people at its headquarters, and remote employees will move to three offices] Walmart announced on Tuesday that it plans to cut hundreds of employees at its headquarters and move most of its remote employees in the United States and Canada to three offices. The majority of the staff will relocate to the headquarters in Bentonville, Arkansas, while some will relocate to offices in the San Francisco Bay Area or Hoboken, New Jersey. The company said the move was intended to bring employees together more often, while also strengthening Walmart's corporate culture and developing employees' careers. The company also said it would reduce "hundreds" of positions at its headquarters due to changes in some parts of the business, without further elaboration. (CBN)

[Xiang Zheng, Vice President of Xiaomi's International Business Department, resigns] Xiang Zheng, Vice President of Xiaomi's core decision-making team, has resigned. When Xiang Zheng joined Xiaomi in 2018, Lei Jun and Wang Xiang, the former president of Xiaomi Group, both posted on Weibo to welcome him. Lei Jun said that "the addition of Xiang Zheng will further help the rapid development of Xiaomi's overseas business." In 2023, Lei Jun announced that Xiaomi has set up a group operation and management committee, and luxurious staffing is regarded as the core decision-making team, including not only Lu Weibing, but also Xiang Zheng. However, in the past few years, Xiang Zheng has rarely appeared in public, and the specific reason for his departure is unknown. Under the leadership of Xiang Zheng, Xiaomi's market share in overseas markets is relatively stable. However, there is still a gap with Lei Jun's goal of "being the first in the world in three years" shouted in 2021. IDC data shows that in the first quarter of this year, Xiaomi ranked third in the world with a market share of 14.1%. (Sina Technology)

On the 13th local time, Melinda Gates, a famous American philanthropist, officially announced her withdrawal from the Bill & Melinda Gates Foundation, which she founded, which means that the world's largest private foundation will face a "change of flag". (China Industry Network)

【Bilibili established a digital culture company in Zhejiang】Tianyancha App shows that recently, Zhejiang Luoding Digital Culture Co., Ltd. was established, the legal representative is Zheng Binwei, with a registered capital of 41.88 million US dollars, and its business scope includes digital cultural and creative content application services, digital content production services, enterprise management consulting, marketing planning, corporate image planning, conference and exhibition services, etc., which are wholly owned by Bilibili's affiliated company Hong Kong Phantom Electric Co., Ltd. (Interface)

On May 15, Agile Group's WeChat official account issued a message in response to the debt default. The article points out that Agile has changed its long-term tenacious debt repayment behavior, for the following reasons: actively responding to government requirements, striving to promote guaranteed delivery and achieving high-quality delivery; Adapt to complex market changes and build up momentum for future development. In 2023, Agile will deliver more than 72,000 households in 120 projects in 60 cities including Haikou and Lingshui. As of April 2024, 98% of Agile's project groups have resumed work as scheduled. (Daily Economy)

On May 15, the official Weibo of the Great Wall Cannon issued a statement on the incident of "The owner of the Great Wall Cannon was stuck in the neck of the electric tent on the roof": On May 11, Chengdu users had an accident during the use of Shanhaiju rooftop tents, and we attach great importance to and are deeply saddened, and express deep condolences to the victims. At present, we are closely monitoring the progress of the investigation of this incident, and will fully assist the Akinoji brand, actively cooperate with the investigation of relevant departments, and provide all necessary support to the family. For the progress of this accident, please refer to the announcement of Qiunodi (Xiamen) Outdoor Equipment Technology Co., Ltd. On May 13, netizens reported that the owner of a Great Wall cannon car in Chengdu was trapped in an electric roof tent and died, questioning the existence of hidden dangers in the vehicle. The owner's friend told reporters that the car had just been picked up for half a month, and on May 11, the owner had an accident when operating the tent to lift the roof, and she had tried to operate the key to save people unsuccessfully. (Beijing News)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

[Zhou Hongyi responds to the final choice of ZEEKR 009 Glorious Edition] Regarding the Internet rumors that Zhou Hongyi "finally chose the ZEEKR 009 Glorious Edition", Zhou Hongyi said, "I don't think this statement is entirely true, it should be said that my first choice or the first car I chose is the ZEEKR 009 Glorious Edition, but I said that adults don't make choices and like many cars, so why can't I buy a few more, and it's not much worse." According to Zhou Hongyi, his second car is already being negotiated and prepared for the purchase contract. (Sina Finance)

[Musk says Cybertruck can use FSD version 12.5] Musk responded to a user's question on X about when the Cybertruck can use the FSD function, saying that it will be possible after the launch of version 12.5. A few days ago, Musk replied to netizens that the FSD feature of the Cybertruck will be launched in a few months. He also said that FSD will be updated to version 12.4 this week. (Interface)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

In response to the question raised by netizens about "what is the level of the premium of Xiaomi SU7", Xiaomi Auto recently replied to netizens that the premium of Xiaomi SU7 is priced by cooperative insurance companies and underwritten in accordance with the exclusive terms of new energy vehicle insurance. Xiaomi Auto said that the price range of Xiaomi SU7 is 215,900 yuan to 299,900 yuan, and the premium pricing of the same model and underwriting plan is different in different provinces and cities, taking Beijing as an example, the premium of Xiaomi SU7 is about 5,200 yuan and the premium of Xiaomi SU7 Max is about 6,600 yuan, which is in line with the overall premium pricing level of the main new energy electric car in the market with a price range of 200,000 yuan to 300,000 yuan. (Shanghai Securities News)

On Tuesday, local time, a federal court judge in San Francisco ruled that Musk must comply with a subpoena from the U.S. Securities and Exchange Commission (SEC) to testify in the agency's investigation into his October 2022 acquisition of Twitter. Musk has argued that the S.E.C. does not have the authority to subpoena him into whether he violated federal securities laws in the acquisition and accused the agency of harassing him during a years-long dispute. But the judge agreed with a lower court's ruling in February, finding that "the investigation that Musk alleges constitutes harassment is a legitimate government investigation." (The Paper)

It is understood that Xiaohongshu is currently testing the function of "Jump to WeChat", which is currently only open to some merchants. According to the function introduction document obtained by the reporter, the account that has opened the function can attach the "Add Consultant" button below the note, and after clicking, a prompt of "Go to WeChat Add" will be displayed, and then click to jump to the WeCom Add page. Originally, when users add customer service or staff of an enterprise, they need to send a private message to the Xiaohongshu account and manually go to WeChat to add contact information. This seemingly inconspicuous feature is a big leap forward for Xiaohongshu. (Sina Finance)

[Fat Donglai's "Adjustment and Reform" BBK Second Store: 50% Salary Increase, Business Hours Shortened by Two Hours] Fat Donglai's "Adjustment and Reform of the Second Store" BBK Supermarket Xiangtan Jiuhua Xintiandi Store officially launched the adjustment and reform on May 15. This adjustment is still dominated by the Fat Donglai team and a pro-team. According to the adjustment plan, the store will basically show the effect of adjustment around May 28. At present, BBK Jiuhua Xintiandi store has adjusted its business hours: 9:30-21:30. Compared to the previous 8:00-22:00, the store opening hours have been shortened by two hours. While shortening the business hours, BBK Jiuhua Xintiandi store has also increased the overall salary of employees, and the minimum salary has reached more than 4,000 yuan. According to the loss prevention staff of the store, the salary was between 2,800 yuan and 3,200 yuan before, but you can get about 4,200 yuan from May, with a salary increase of 50%. (Daily Economy)

[Taobao online store merchants ran away with 35 million amounts! ] Official customer service: Consumers can apply for a refund if they do not confirm the receipt] The reporter asked Taobao customer service for a solution as a consumer about the store running away, and the customer service said, "After the store closes, don't click to confirm the receipt, if you don't receive the goods later, you can apply for the money back." The above-mentioned customer service also said that within the refund application period, if the closed store is not processed, it will automatically agree after the expiration date, and the refund can be realized. (Sohu News)

On May 15, the new M5 officially started large-scale delivery nationwide, and Yu Chengdong, executive director of Huawei, chairman of the terminal BG, and chairman of the intelligent vehicle solution BU, visited the delivery site and handed over the new car keys to the first batch of car owners. Since its release on April 24, 2024, the new M5 has exceeded 10,000 units within 72 hours of its release. Up to now, more than 130,000 units of the M5 series have been delivered. This model was launched on April 23, and the official guide price range is 249,800-279,800 yuan. The new car has been slightly optimized in terms of appearance and other aspects, and has been upgraded for vehicle configuration and intelligent driving system. (Interface)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao
Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

Hypershell Technology (Hypershell) completed a Pre-A round of financing of tens of millions of yuan led by Oasis Capital, which is mainly used for large-scale mass production, global market expansion and team expansion. Founded at the end of 2021, Extreme Shell has received multiple rounds of financing in the past year, and previous investors also include Dexun Investment and MiraclePlus. (Smartbeast AnalysisLogin to see more)

【Yuqu Information Completes 50 Million Yuan Angel Round Financing】Anhui Yuqu Information Technology Co., Ltd. announced the completion of 50 million yuan angel round financing. Sun Shiying, founder of Yuqu Information, said that this round of financing will be used for project market expansion, back-end technical data upgrades, professional talent introduction, and hardware facilities improvement. (Smartbeast AnalysisLogin to see more)

[Baichuan Data Completes 10 Million Angel + Round of Financing] The data company Baichuan has completed 10 million yuan of angel + round of financing, which is invested by Tongchuangweiye and Xiangcheng Financial Holdings. The funds raised in this round of financing will be mainly used for the scientific and technological research and development of intelligent data services and the continuous construction of talent teams, and continue to build a data foundation for intelligent driving. (Smartbeast AnalysisLogin to see more)

【 Elite Technology Completes 100 Million Yuan A+ Round of Financing】Elite Technology, a leading domestic liquid chromatography company, recently announced the completion of 100 million yuan of A+ round of financing, which is jointly led by Junxin Capital and Guotai Junan Innovation Investment, followed by Yimei Investment, and Qifeng Capital serves as the financial advisor. This round of financing will be used for new product development, overseas market expansion and operation, aiming to promote the company's internationalization strategy and accelerate its emergence as an important player in the global liquid chromatography field. (Smartbeast AnalysisLogin to see more)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

【Huawei's new MateBook 14 notebook released】Huawei MateBook 14 is released, equipped with up to Ultra 7 processor, supporting 40W performance release, and up to 32GB memory. In terms of AI capabilities, it includes an AI overview supported by the Pangu large model and a one-stop AI capability aggregation portal - AI space. Equipped with a 2.8K OLED ultra-clear screen that can be written and touched by hand as standard, it is Huawei's first computer to support stylus. (IT House)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

On May 15, MiniMax, a large model company, announced the launch of the C-end product "Conch AI", which supports the input of a context length of 200ktokens, processes nearly 30,000 words of text within 1 second, and reads, analyzes, and writes long content such as books, long reports, and academic papers. At present, this product is online on the official website and the app. Conch AI is connected to MiniMax's self-developed multi-modal large model, including the trillion-parameter MoE large language model abab6.5, the speech large model and the image large model. (IT House)

On May 15, Changan Automobile released the official picture of the dark blue S05 model recently declared by the Ministry of Industry and Information Technology, adopting a new design language and optional pure electric / extended range version, which is expected to be launched in the third quarter of this year. The exterior of the dark blue S05 adopts a new design language: a closed middle grille design on the front face, a double waistline design with a side convex outward, and is equipped with hidden door handles, low-drag wheels, and through-type taillights at the rear. In terms of power, the new car will be offered with two powertrains: pure electric version and extended range version. (IT House)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao
Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

[Five departments: to carry out 2024 new energy vehicles to the countryside activities] Finance Associated Press on May 15, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, and the National Energy Administration jointly organized the 2024 new energy vehicles to the countryside activities, from May to December 2024, select new energy vehicle models suitable for the rural market, good reputation, and reliable quality, and carry out centralized exhibitions, test rides and test drives to enrich the consumer experience and provide diversified choices. Organize charging and swapping services, financial services such as new energy vehicle underwriting, claims, and credit, as well as after-sales services such as maintenance, to go to the countryside to make up for the shortcomings of the supporting environment in rural areas. Implement support policies such as car trade-in, county-level charging and swapping facilities to make up for shortcomings, and direct "real money" discounts to consumers. Encourage all new energy vehicle manufacturers, sales enterprises, financial institutions, charging and swapping facility enterprises, sales and after-sales service enterprises to actively participate, combined with the old for the new and county-level charging and swapping facilities to make up for shortcomings and other support policies to formulate promotional plans, establish and improve the after-sales service system. (China News Network)

Guangqi Honda launched large-scale layoffs; Nvidia CEO Jensen Huang's annual salary rose by 60%|Bang Zaobao

According to the statistical analysis of the China Association of Automobile Manufacturers, in April 2024, among the main varieties of commercial vehicles, compared with the same period last year, the production and sales of passenger cars showed double-digit growth, with a slight decrease in truck production and a slight increase in sales. In April 2024, commercial vehicle production and sales totaled 358,000 units and 357,000 units, down 18.3% m/m and 22% m/m and up 0.8% and 2.8% y/y, respectively. From January to April 2024, commercial vehicle production and sales totaled 1.354 million units and 1.39 million units, up 3.9% and 8.1% y/y, respectively. (Beijing News)

Read on