China’s electric vehicles: the “acceleration” force that rewrites the global automotive landscapeThe speed and scale of China’s electric vehicle revolution are shaking the world with a trend that exceeds expectations, and even analysts who are accustomed to the industry admit that this rise shows no signs of slowing down.Looking back, Tesla CEO Elon Musk has significantly underestimated the potential of Chinese electric vehicle manufacturers. As early as 2011, in an interview with Bloomberg, his attitude towards BYD was “contemptuous” – not only bluntly saying that its products were “unattractive” and questioning its lack of technical strength, but also asserting that…

In the Silicon Valley technology circle, most of the founders are the younger generation, and the problem of corporate successors is still far away; Even technology giants such as Google, Microsoft, and Apple, which have been deeply involved for many years, do not rely on family inheritance to select successors like traditional industries.Nvidia, which firmly sits on the throne of the “global market capitalization king”, is particularly “special”.Since 2020, Huang’s sons and daughters, Madison and Spencer, have joined Nvidia: his daughter has risen from product marketing manager to senior director, and his son has served as a product line manager;…

August 26th news, NVIDIA announced today that the NVIDIA Jetson AGX Thor™ developer kit and production-grade module are now available. “Jetson Thor has unparalleled performance and energy efficiency, and is able to run multiple generative AI models simultaneously on edge devices. As an excellent supercomputer, Jetson Thor is working to push the realization of the era of physical AI and universal robots.” It is understood that Lianying Medical, Wanji Technology, UBL, Galaxy General Motors, Yushu Technology, Zhongqing Robot and Zhiyuan Robot have taken the lead in using Jetson Thor. Nvidia mentioned that based on the NVIDIA Blackwell GPU and equipped…

On Friday local time, U.S. Secretary of Commerce Gina Raimondo announced that the federal government has completed the acquisition of chip giant Intel’s equity acquisition, buying 10% of its shares. This move is seen as the Trump administration’s latest move to strengthen its control over companies in key U.S. industries, signaling a further tilt in U.S. industrial policy towards deep government involvement in the private sector.According to a press release issued by Intel, the U.S. government purchased 433.3 million common shares at a price of $20.47 per share, with a total investment of about $8.9 billion, which corresponds to exactly…

​​Global Edition: The $18B Stablecoin Scam & Hong Kong’s Regulatory Response​​​​June 2025​​ – A fraudulent platform impersonating the Dubai Gold and Commodities Exchange (DGCX) orchestrated one of the largest crypto scams in history, swindling 2 million victims out of $18 billion in USDT by promising unrealistic 2% daily returns. The mastermind, Huang Xin, openly mocked victims with claims of taking “wealth beyond their financial IQ,” before laundering proceeds via crypto mixers to evade authorities—exposing critical gaps in stablecoin oversight.This case underscores the dual-edged nature of stablecoins: while marketed as “safe” digital dollars, their rapid adoption has outpaced retail investor education…

On August 19, SoftBank Group and Intel jointly announced a strategic investment agreement. Under the definitive securities purchase agreement signed by the two parties, SoftBank will inject $2 billion into Intel at $23 per share.Boosted by this news, Intel’s stock price rose 5% in after-hours trading.SoftBank emphasized in its official statement that this investment is based on long-term strategic considerations and aims to jointly promote the artificial intelligence revolution by accelerating access to advanced technologies that support digital transformation, cloud computing and next-generation infrastructure.Intel CEO Chen Liwu responded: “We are very much looking forward to deepening our strategic partnership with…

Luxury Supply Chain Scandal: Loro Piana Faces Judicial Takeover Over Labor Exploitation, LVMH Regulatory System Again Under ScrutinyOn July 14, 2025, the Milan Court in Italy issued a landmark ruling: imposing a one-year judicial oversight on Loro Piana, the high-end cashmere brand under France’s LVMH Group. This decision stemmed from severe labor exploitation and unsafe working conditions exposed within the brand’s supply chain, once again bringing the industry’s shadowy production chain into the public eye. Notably, Loro Piana’s board chairman is Frédéric Arnault, the “third son” of the LVMH Group, whose public profile has sparked further discussion.Layered subcontracting in the…

On August 17, 2025, Tesla introduced the “Luxe Package” for its flagship models, the Model S and Model X, in the United States, and increased the prices of all configuration versions of both models by $10,000.Following the price increase, the all-wheel-drive version of the Model S is priced at $94,990, the Model S Plaid version at $109,990, the all-wheel-drive version of the Model X at $99,990, and the Model X Plaid version at $114,990.The “Luxe Package” includes the following four value-added services:1. FSD (Supervised): The vehicle can achieve autonomous driving in almost any location with minimal driver intervention, priced at…

Entering 2025, young people’s consumption concepts become more pragmatic. Not only do we have a careful calculation of daily expenses, but even luxury goods consumption has begun to focus on cost-effectiveness. Guozi, 28, admitted that he had long changed from his past state of “gripping his teeth and buying big names” to his current “actuarial calculations everywhere”.“Only choose the right one in daily consumption, not the expensive ones, cost-effectiveness is the core; you can buy expensive ones for quality consumption, but you must never buy expensive ones. You should spend money smarter now. Almost all the friends around you have…

The artificial intelligence industry is currently embroiled in a fierce “talent war.”Interestingly, top U.S. AI companies are particularly keen on recruiting Chinese talent in their efforts to poach from one another. In fact, Chinese AI experts have long been in high demand in Silicon Valley.At NVIDIA, Jensen Huang personally recruited two AI experts, Zhu Banghua and Jiao Jiantao, who have made significant contributions in the fields of large-scale model architecture optimization and multi-modal AI chip design. Both of these leading AI experts graduated from Tsinghua University and went on to pursue further studies and work in the United States.Looking at…