TMT - TechWire

TMT

11:28

                            China's non-game applications will continue to grow in overseas markets in April 2025
                        
                            According to the latest data from Sensor Tower, in April 2025, China's non-game applications continued to grow in overseas markets, with short dramas, AI, tools and e-commerce applications performing particularly well. Leading manufacturers with content innovation and technology-driven core advantages continue to expand their market leadership. At the same time, emerging publishers are also making breakthroughs in segmented tracks, injecting more vitality into the global market.
                        
10:20

                            Market news: ByteDance expects revenue growth of approximately 20% in 2025.
                        
10:11

                            ByteDance seeks 20% revenue growth by 2025
                        
                            ByteDance is reportedly seeking to achieve 20% revenue growth by 2025.
                        
08:22

                            The EU said TikTok may have violated the advertising regulations of the Digital Services Act, and TikTok responded
                        
                            According to the official account of the "European Union Chinese Chamber of Commerce", the European Commission officially announced on May 15 that TikTok has failed to fulfill the relevant obligations stipulated in the Digital Services Act (DSA) in terms of the setting up and disclosure of information in the advertising library, especially in terms of advertising transparency. "There are major deficiencies." The European Commission emphasized that this determination is intended to formally notify TikTok of its current compliance issues and has not yet constituted a final conclusion. If TikTok is finally confirmed to have violated the regulations, the European Commission may make a formal ruling and impose a fine of up to 6% of its global annual turnover. In response, TikTok responded that it is verifying the findings of the European Commission and remains committed to fulfilling its obligations under the Digital Services Act. The company said in a statement that while supporting regulatory goals and continuing to improve our advertising transparency tools, we disagree with some of the European Commission's interpretations and pointed out that the relevant guidelines are preliminary findings rather than clear public guidelines.
                        
07:07

                            SpaceX gets license modified to allow more launches
                        
                            On the 15th local time, the Federal Aviation Administration (FAA) approved the modification of SpaceX's Starship 9 flight mission license, which included allowing SpaceX to increase the number of Starship launch missions it can perform each year at its Boca Chica base in Texas from 5 to a maximum of 25.
                        
02:50

                            US Department of Commerce: New integrated 5GW UAE-US Artificial Intelligence Park in Abu Dhabi unveiled during Trump’s visit to the UAE.
                        
18:12

                            Market news: Emirates Airlines is in talks with Musk's SpaceX about installing Starlink on flights.
                        
18:58

                            The State Administration for Market Regulation held a symposium on platform companies supporting the development of individual businesses
                        
                            Bai Qingyuan, deputy director of the State Administration for Market Regulation, presided over a symposium on platform enterprises supporting the development of individual industrial and commercial households. He had in-depth exchanges with representatives of individual industrial and commercial households, platform enterprises, financial institutions, etc., understood the difficulties in the development of individual industrial and commercial households, and put forward opinions and suggestions on platform enterprises supporting the development of individual industrial and commercial households. The meeting pointed out that individual industrial and commercial households are an important part of the private economy. Promoting the development of individual industrial and commercial households is an important measure to promote the development and growth of the private economy, and is an important link in implementing the requirements of the Party Central Committee to "focus on stabilizing employment, stabilizing enterprises, stabilizing the market, and stabilizing expectations." At present, the foundation for my country's continued economic recovery needs to be further consolidated, and individual industrial and commercial households are still facing pressure and challenges in their survival and development. Platform enterprises are also an important part of the private economy. They can provide broad space for the development of individual industrial and commercial households, and can help and support the development of individual industrial and commercial households in various aspects such as digital empowerment, traffic support, and market expansion. Platform enterprises are encouraged to launch more pragmatic measures to support the development of individual industrial and commercial households based on their own characteristics. At the meeting, representatives of individual industrial and commercial households from Beijing, Shanghai, Zhejiang, Sichuan and other places, China (Yiwu) Individual Economic Development Research Center, and representatives of enterprises (institutions) such as Xiaohongshu, Alipay, Douyin, Pinduoduo, and Bank of China made exchanges and speeches. The meeting reported on the construction and operation of the "National Individual Business Owner Development Network".
                        
13:58

                            New iPhones have big price cuts, up to 2,500 yuan off
                        
                            Recently, the news that Apple's mobile phone will be reduced by 1,000 yuan has attracted attention. According to multiple media reports, Apple has issued a price adjustment notice to channel dealers, and all capacity versions of iPhone 16 Pro and iPhone 16 Pro Max have been reduced by more than 1,000 yuan. Some channel dealers believe that Apple's price adjustment is in preparation for the upcoming "618" promotion. The customer service of Apple's Tmall flagship store and Douyin's self-operated flagship store both stated that models below 6,000 yuan can be superimposed with national subsidies, and there are no other discounts and price reduction activities. Apple's JD self-operated store customer service stated that in addition to national subsidies, the store can also superimpose platform discounts, but whether the "618" event will be reduced in price again has not yet been notified. Apple's official website customer service stated that the discount activities of offline direct stores are usually consistent with the official website. The above-mentioned price reduction activities may appear in third-party authorized stores. Consumers can go offline for consultation.
                        
04:52

                            SpaceX: Starship completed a long six-engine static fire test and is currently making final preparations for its ninth flight test.
                        
23:17

                            Elon Musk announces Starlink is approved to operate in Saudi Arabia
                        
                            Elon Musk announced that Starlink has been approved to operate by Saudi Arabia.
                        
20:16

                            JD.com's GMV in 2024 will be around 4.5 trillion yuan
                        
                            As the 618 promotion approaches, the GMV scale of various e-commerce companies has attracted attention recently. According to the reporter's understanding from JD insiders, although the industry has different definitions of GMV, JD's GMV in 2024 is about 4.5 trillion yuan. According to the financial report released by JD, JD's last announcement of its GMV in 2020 was 261.25 billion yuan. In 2021 and 2022, JD disclosed GMV growth rates of 26.2% and 5.6% respectively. Based on this, JD's GMV in 2022 is about 331.55 billion yuan. According to JD's revenue growth rate in the next two years, the GMV in 2024 is expected to be around 4.2-4.6 trillion. According to previous public reports, the GMV of Taotian Group, Pinduoduo and Douyin in 2024 were 8 trillion, 5.2 trillion and 3.34 trillion respectively. JD's current GMV is still among the top three Internet e-commerce platforms. 
                        
16:53

                            Giant Network and ByteDance's Volcano Engine launch AI cooperation
                        
                            On May 13, Giant Network and Volcano Engine, a subsidiary of ByteDance, started cooperation in the field of AI. The social reasoning game "Space Killer" was connected to the Doubao big model to help upgrade its AI native game play. In addition, the Volcano Engine machine learning platform provides Giant Network with big model training and computing power resource guarantee, promoting the iterative optimization of its self-developed big model. Ding Chaofan, head of Giant Network's AI business department, said that in addition to the Doubao big model, "Original Journey" and "Space Killer" also connected to DeepSeek-R1 through Volcano Ark, using its full-stack AI service to improve the game interaction experience.
                        
14:20

                            Dior Chinese users' private data leaked
                        
                            Some Chinese netizens disclosed on Tuesday that they had received a text message from Dior, saying that there had been a recent leak of customer data.
                        
13:43

                            Ant Group attended the opening ceremony of the School of Computer Science at Shanghai Jiao Tong University and signed a strategic cooperation agreement
                        
                            On May 11, the inauguration ceremony of the School of Computer Science (School of Cyberspace Security and School of Cryptography) of Shanghai Jiao Tong University was held at the Minhang Campus of Shanghai Jiao Tong University. Ant Group was invited to attend as a strategic partner. At the inauguration ceremony, the School of Computer Science of Shanghai Jiao Tong University and Ant Group signed a strategic cooperation agreement. In December 2024, Shanghai Jiao Tong University and Ant Group jointly established the "Joint Research Center for Artificial Intelligence and Security", focusing on key technological breakthroughs in the era of artificial intelligence, deeply coordinating and cultivating innovative talents, and promoting the research and application of cutting-edge technologies. At the inauguration ceremony of the School of Computer Science, Professor Wu Fan, Executive Vice Dean of the School of Computer Science of Shanghai Jiao Tong University, and Yu Feng, Vice President of the Platform Technology Business Group of Ant Group, signed a strategic cooperation agreement. The two parties will cooperate in the "Emerging Parallel Computing" talent project, guided by industry needs, and build an innovative ecosystem with deep collaboration between industry, academia and research through the "dual mentor system + project embedded" training model. The cooperation in this project aims to achieve two-way empowerment of technical breakthroughs and talent training, recruit outstanding scientific research talents to carry out joint research projects on "Emerging Parallel Computing", promote the implementation and transformation of scientific research results, and promote industrial development.
                        
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