TMT - TechWire

TMT

18:32

                            NetEase Games Global Investment and Cooperation President Zhu Yuan resigns
                        
                            On April 25, Simon Zhu, President of NetEase Games' Global Investment and Partnership Department, published a farewell letter on LinkedIn. In the letter, he said that after 12 years at NetEase Games, today was the end of his career and he had officially submitted his resignation.
                        
14:05

                            Ant Group's "Plan A" special project recruits the world's top AI talents to increase investment in the field of AGI
                        
                            On April 25, Ant Group announced the launch of the "Plan A" AI talent program, recruiting top AI master's and doctoral graduates from world-class universities to strengthen R&D investment in the field of AGI (general artificial intelligence). The first recruitment presentation was held at the ICLR 2025 Summit in Singapore. Ant Group CTO He Zhengyu said at the meeting that Ant will firmly invest in AGI technology and work with the industry to solve the problem of AI universal access. World-class problems require world-class talents. For top talents, we only have Plan A, not Plan B.
                        
11:39

                            Baidu releases multi-agent collaboration application "Xin Xiang"
                        
                            At Create 2025 Baidu AI Developer Conference, Baidu officially launched a multi-intelligent collaboration App, Xin Xiang. The product is now available on Android, and iOS is in the process of being launched. At present, the Xin Xiang App has launched more than 200 task types in ten major scenarios, including routine tasks, city tourism, AI blind dates, in-depth research, legal consultation, health consultation, smart charts, test question explanations, AI picture books, and game development. In the future, it is planned to expand the task types to more than 100,000. It is reported that the Xin Xiang App is a general super-intelligent product with "AI task completion engine" as its core, which helps users realize complex task decomposition, dynamic execution and visual result delivery through natural language interaction. In addition to the common external MCP tool calls, it also implements a multi-agent collaboration mechanism in professional scenarios such as health and law.
                        
08:32

                            GF Securities: Continue to focus on the business restructuring opportunities brought by AI to the media and Internet industries
                        
                            According to a research report by GF Securities, judging from the fund holdings in the media and internet sectors in the first quarter of 2025, the allocation ratio of public funds to the A-share media industry has increased month-on-month, and the under-allocation ratio of the media sector has narrowed slightly. Structurally, the fund allocation ratios of the game, internet, cinema, and animation sectors have increased, mainly due to the positive trend of the AI industry, the high year-on-year growth of the box office in the first quarter boosted confidence, and the stabilization of the policy environment. In addition, the market value concentration of the top five heavily-held stocks increased month-on-month. It is recommended to continue to pay attention to the business restructuring opportunities brought by AI to the media and internet industries, as well as companies with high-quality content and IP.
                        
08:26

                            Agency: The film market is expected to prosper again in 2025
                        
                            According to the Lighthouse Professional Edition, as of 19:21 on April 24, the total pre-sale box office (including preview) of the new films (including re-screening) in the May Day period in 2025 exceeded 10 million yuan, and the films "Dumpling Queen", "Hunting Gold Game", "A Red Start in Life", "The Vast Horizon is My Love" and "The Wind Kills" temporarily ranked in the top five. Guosen Securities believes that in the short term, the recovery of content supply is expected to promote the growth of the film market, and the medium- and long-term breakthroughs in AI technology and the combination with IP trendy toys are expected to promote the continued prosperity of the film industry. 1) The number of film filings will rebound from 2023 to 2024, and the industry will have rich content reserves. Considering the content production cycle, the domestic film content supply is expected to recover in 2025, which is expected to promote the continued recovery of the box office. At the same time, thanks to the characteristics of high operating leverage, the broadcasting channels are expected to usher in a better profit release period; 2) In the medium and long term, the content side is expected to benefit from the advancement of AI technology to reduce costs and improve efficiency; the channel side will benefit from the diversified business formats represented by trendy toys and the efficiency per square meter is expected to continue to improve.
                        
06:45

                            AI glasses become a new favorite among consumers, and listed companies are entering the market
                        
                            Since the beginning of this year, artificial intelligence (AI) glasses have rapidly moved from concept to reality and have become the new favorite in the consumer market. Faced with this highly prosperous track, many brands have made efforts and intensively released smart glasses-related products. Brands such as Rokid, Snap, Baidu, Thunderbird Innovation, and XREAL continue to innovate and bring consumers AI glasses products with diverse functions and novel designs. At the same time, companies such as Samsung, OPPO, Huawei, Tencent, and ByteDance are also actively deploying AI glasses projects in an attempt to seize the initiative in this emerging market. According to Wellsenn XR forecast data, artificial intelligence + augmented reality (AR) technology is expected to develop to a mature stage, and global AI glasses shipments are expected to grow to 80 million pairs in 2030.
                        
11:26

                            Xiaohongshu will cancel the big and small weekly
                        
                            On April 23, it was reported that Xiaohongshu announced the cancellation of the big and small week system, which will be implemented after the May Day holiday. An insider said that the cancellation of the big and small week system will affect income, "logically it will be reduced by 15% or 20%. Because two small weeks in a month are double wages, which is equivalent to getting 4 more days of wages." The big and small week system is a form of overtime, specifically referring to working 5 days a week in a "big week" and 6 days a week in a "small week". It was widely adopted by Internet companies. Previously, Kuaishou, ByteDance, etc. announced the cancellation of the big and small week system.
                        
17:36

                            Chinese Embassy again reminds Chinese nationals in S. Korea to be cautious of filming with drones or cameras
                        
                            The Chinese Embassy in South Korea on Wednesday once again reminded Chinese nationals in the country to be cautious of using drones or cameras for filming.
                        
17:07

                            SK Telecom hit by cyberattack, leading to leak of user information
                        
                            South Korea's SK Telecom said Tuesday that it confirmed the existence of a situation where hackers caused the leakage of USIM cards and other information by implanting malware at around 11 p.m. on April 19th.
                        
16:14

                            Lee Ka-chiu had in-depth exchanges with representatives of the "Six Little Dragons" companies in Hangzhou
                        
                            Hong Kong Chief Executive John Lee said in a post today (23rd) that he and his team visited the Hangzhou Future Science and Technology City Exhibition Hall to learn about Hangzhou's development in the fields of smart cities and artificial intelligence. The exhibition hall set up a special exhibition specifically for the SAR government delegation to show them the core achievements and cutting-edge technologies of the "Hangzhou Six Little Dragons". Representatives of the six innovative technology companies, DeepSeek, Yushu Technology, Game Science, Qunhe Technology, Yunshenchu Technology, and Qiangnao Technology, introduced to him their respective developments and features in new technology fields such as large language models, robots, artificial intelligence, game development, and brain-computer interfaces.
                        
14:37

                            MediaTek Dimensity automotive cockpit platform supports 3A games
                        
                            On April 23, at the Shanghai Auto Show, MediaTek launched the Dimensity Automotive flagship cockpit platform C-X1, which uses a 3nm process, Arm v9.2-A architecture, is equipped with NVIDIA Blackwell GPU, supports advanced graphics technologies such as ray tracing/DLSS, and can provide in-car users with 3A gaming entertainment experience.
                        
07:46

                            ByteDance Open Source Multimodal AI Agent—UI-TARS-1.5
                        
                            ByteDance has open-sourced the latest 1.5 version of its multimodal AI Agent UI-TARS. Compared with the previous generation, version 1.5 performed very well in benchmarks such as computer use, browser use, and mobile phone use. In terms of computer use, the OSworld test score was 42.5, higher than Open AI CUA's 36.4, Claude 3.7's 28, and the previous highest level of 38.1 (200 steps); Windows Agent Arena (50 steps) scored 42.1, far exceeding the previous 29.8.
                        
20:44

                            Market news: SpaceX's Dragon cargo spacecraft successfully docked with the International Space Station.
                        
18:16

                            E-commerce platforms have completely cancelled the refund-only policy: a big step for e-commerce to fight internal competition, and the industry has returned to healthy competition
                        
                            The reporter learned that Pinduoduo, Taobao, Douyin, Kuaishou, JD.com and other e-commerce platforms will completely cancel the "refund only" policy. The refund application after consumers receive the goods will be handled by the merchants independently. This means that the "refund only" policy was first launched by Pinduoduo in 2021, and was later introduced by JD.com, Taobao, Douyin, Kuaishou and other related platforms in 2024. It has officially come to an end after four years. The reporter also learned that the above-mentioned e-commerce platforms have conducted multiple rounds of discussions and modifications with the management department on the details of the complete cancellation of the "refund only" policy, and will be announced to the public once the review is completed.
                        
17:00

                            NetEase Games: Minors are limited to playing games for a maximum of one hour per day during the Labor Day holiday
                        
                            NetEase Games, a subsidiary of NetEase, has issued a notice on the time limit for minors to play games during the Labor Day holiday. From May 1 to May 5, and May 9 to 11, minors can experience the game from 8 pm to 9 pm on the same day, that is, they can only play for one hour a day, for a total of 8 hours. As for the dates when minors cannot experience the game, they are from the 27th to the 30th of this month, and from May 6th to 8th.
                        
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